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Car clocking fraudsters exposed
Tuesday May 11th 2010
A fraudster and his brother wiped over 80,000 miles off the clock of a used car to increase its resale value, an investigation revealed.
Ashley Singh and his brother gave used cars fake identities and doctored service histories to sell the vehicles from home on used car websites, a probe by BBC's Watchdog and vehicle history specialists HPI has found.
Watchdog sold the pair a car with 128,000 miles on the clock for £2,300, but later found the Singhs selling the car at a profit of £3,700, only with a new mileage of 47,000 miles. Motorists would be advised to check the history of vehicles and take out a to avoid being out of pocket. This helps by paying the gap between your car insurance payout and what it was actually worth when you took out car value protector.
HPI consumer services manager Nicola Johnson said: "The Watchdog programme showed that clocking remains a very real threat to used car buyers. Unscrupulous sellers like Ashley Singh see the clocking of a vehicle as an easy way to raise its price and make some extra cash by putting thousands of pounds on to the price tag. And it's not just prestige cars that are the target for clockers, so all used car buyers need to be on the look out.
"The most worrying thing is that clocked vehicles may be dangerous. Vehicles with incorrect mileages may have more wear and tear than the buyer realises and may have missed important services and part replacement dates. HPI urges consumers protect themselves from the threat of clockers and the risk of paying over the odds for what may be a dangerous vehicle."
Copyright © Press Association 2010
If your car gets written off, helpucover will pay the difference between your car insurers valuation at the time of the accident or theft, and the car's value when you purchased Gap Car Insurance.