Clarification on HPI check
Discussion
I ran an HPI check on a car I am buying, it came back with the following report on outstanding finance.
The current plate is SE***DZ. I'm just looking for clarification on what it is telling me, am I correct in thinking the car itself has no outstanding finance, but the private regs assigned to it are now reassigned to vehicles with outstanding finance? Although a quick online check of J***U does not show it as being assigned to a vehicle. I am buying from an Independent Dealer.
Plate Transfer
The current plate was transferred to this vehicle on 14/08/2012
J***U was applied to this vehicle on 22/09/2011
This VRM has been recorded as having an outstanding finance agreement
An outstanding finance agreement was recorded on 21/06/2012 against a BLL
M***KY was applied to this vehicle on 17/08/2009
There are no interests recorded against M***KY
SE***DZ was applied to this vehicle on 08/05/2006
There are no interests recorded against SE***DZ
M**10 was applied to this vehicle on 12/07/2002
This VRM has been recorded as having an outstanding finance agreement
An outstanding finance agreement was recorded on 22/03/2012 against a PORSCHE PANAMERA 45 PDK
The current plate is SE***DZ. I'm just looking for clarification on what it is telling me, am I correct in thinking the car itself has no outstanding finance, but the private regs assigned to it are now reassigned to vehicles with outstanding finance? Although a quick online check of J***U does not show it as being assigned to a vehicle. I am buying from an Independent Dealer.
Plate Transfer
The current plate was transferred to this vehicle on 14/08/2012
J***U was applied to this vehicle on 22/09/2011
This VRM has been recorded as having an outstanding finance agreement
An outstanding finance agreement was recorded on 21/06/2012 against a BLL
M***KY was applied to this vehicle on 17/08/2009
There are no interests recorded against M***KY
SE***DZ was applied to this vehicle on 08/05/2006
There are no interests recorded against SE***DZ
M**10 was applied to this vehicle on 12/07/2002
This VRM has been recorded as having an outstanding finance agreement
An outstanding finance agreement was recorded on 22/03/2012 against a PORSCHE PANAMERA 45 PDK
Edited by 5STM5 on Monday 11th February 13:32
I think you are right. I sold a private plate off one of my S2000's and put my own plate on the car. When I traded it in to the dealer a year or so later, it did show that the previous private plate now has outstanding finance against it.
I called HPI to explain and they just said that the previous plate was part of the history of the car and they was just highlighting somebody has a finanical interest in a vehicle with that plate. They confirmed it has nothing to do with my car as it stands so nothing to worry about.
I called HPI to explain and they just said that the previous plate was part of the history of the car and they was just highlighting somebody has a finanical interest in a vehicle with that plate. They confirmed it has nothing to do with my car as it stands so nothing to worry about.
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