Discussion
The name HPI is a clue, they charge £20.You need to do the check yourself if you want to benefit from the guarantee so I wouldn't recommend getting someone else to check it through their trade account unless you know them very well and they're prepared to take up any issues on your behalf.
You absolutely need to do a check, even cheap older cars can have 'logbook loan' type finance on them, and there are a lot of old cars which were cat C at some point in their life which can cause you I insurance issues.
£20 isn't much against the cost of a car to have peace of mind that it's legit and clear of nasties.
You absolutely need to do a check, even cheap older cars can have 'logbook loan' type finance on them, and there are a lot of old cars which were cat C at some point in their life which can cause you I insurance issues.
£20 isn't much against the cost of a car to have peace of mind that it's legit and clear of nasties.
jamiebae said:
You need to do the check yourself if you want to benefit from the guarantee so I wouldn't recommend getting someone else to check it through their trade account unless you know them very well and they're prepared to take up any issues on your behalf.
You absolutely need to do a check, even cheap older cars can have 'logbook loan' type finance on them, and there are a lot of old cars which were cat C at some point in their life which can cause you I insurance issues.
£20 isn't much against the cost of a car to have peace of mind that it's legit and clear of nasties.
100% this.You absolutely need to do a check, even cheap older cars can have 'logbook loan' type finance on them, and there are a lot of old cars which were cat C at some point in their life which can cause you I insurance issues.
£20 isn't much against the cost of a car to have peace of mind that it's legit and clear of nasties.
A900ss said:
You can have this service done for £3.
Just google hpi check and plenty of companies come up.
Not quite. Just google hpi check and plenty of companies come up.
The cheap checks usually don't include finance data (the most important part) or have limited finance information (data from some companies, but not all, so a 'clear' car might be on finance to another lender), as well as a much less comprehensive guarantee and no cover if the car is a clone.
'Finance protection' comes from the 1964 Hire Purchase Act. HPI started out as a trade service, required because the law only protects private buyers and not traders.
HPI have fostered this myth since they started selling their service to end users, but its a nonsense.
When HPI will guarantee that there is no bailment type ('logbook loan') finance on a car and indemnify me, then I will pay their excessive fee gladly. Until then...
HPI have fostered this myth since they started selling their service to end users, but its a nonsense.
When HPI will guarantee that there is no bailment type ('logbook loan') finance on a car and indemnify me, then I will pay their excessive fee gladly. Until then...
GC8 said:
'Finance protection' comes from the 1964 Hire Purchase Act. HPI started out as a trade service, required because the law only protects private buyers and not traders.
HPI have fostered this myth since they started selling their service to end users, but its a nonsense.
When HPI will guarantee that there is no bailment type ('logbook loan') finance on a car and indemnify me, then I will pay their excessive fee gladly. Until then...
Not so sure about that. In a private to private bluer transaction there's a legal expectation that you'll take reasonable steps to ensure you can legally purchase a vehicle, and if it does turn out to be on finance then you WILL lose the car. Trade to private is different as the onus is on the trader to check but can still result in a lot of hassle.HPI have fostered this myth since they started selling their service to end users, but its a nonsense.
When HPI will guarantee that there is no bailment type ('logbook loan') finance on a car and indemnify me, then I will pay their excessive fee gladly. Until then...
Buying a check without finance data is just silly, it's the most likely item for a vehicle to hit, and at least if a car is cat C you still own it, with finance you don't.
I'm pretty sure that the guarantee does cover you against logbook loan type finance, as long as it is actually secured against the car not the individual but I'd read the ts&cs thoroughly to check!
A900ss said:
You can have this service done for £3.
Just google hpi check and plenty of companies come up.
Do not do this whatever you do the low cost data checks are worthless as they do not reference against the car finance houses all it tells you is that car reg matches the DVLA info held ie. Not worth £3!Just google hpi check and plenty of companies come up.
Experian auto check gives you 5 for £25.
Or just use HPI direct £19.
My understanding too. The companies are supposedly now to be informing HPI, but considering that their underhand method of dealing with the loan/security (baliment) is chosen specifically to sidestep the consumer protection that exists (CCA1973 & HPA1964 etc), then Im not surprised to see that they dont bother.
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