Selling a car can be difficult and many people find that they do not get the true value of their vehicle. This may lead some car owners to look for ways that will boost the value and it seems as though clocking is one solution.
HPI have stated that the number of clocked cars driving on the roads in the United Kingdom rose by 3% in 2013. Clocking a car, the process of adjusting the mileage to increase the value of a car, has been in the industry for a number of years but there has been a surge in recent times. The move to more digital elements in a car has been of great benefit in many ways but there have been some problems and this is one of them. This could have resulted in bad news for the industry but disaster was averted thanks to the hard work and diligence of car mechanics and garages.
The HPI reported a fall in mileage discrepancies in a number of places and consumer checks were positive in this manner. It seems as though garages and mechanics have a never ending list of items to look out for but when the matters are as important as these, there is a lot to be said for mechanics having a particular focus. You would not be far off in saying that this style of act is fraud, undertaken to make more money that would not have otherwise been possible if the car was sold at the standard price.
Clocking a car can make a difference
While there was positivity about the figures that were running for a number of years, it seems as though 2013 represented a setback in the industry. This is due to the fact that in comparison with used car sales figures from SMMT for 2013, there may well be up to 486,00 cars in the UK with a false mileage level.
A spokesperson for the HPI has labelled these figures as shocking and indicative of a very worrying trend. There is a belief that “dodgy” sellers will do anything they can in order to increase their profits or make a sale more worthwhile. Given that clocking is one of the easiest ways to carry out this act, there is no doubt that a great number of questionable sellers will consider this action.
The HPI used the example of a VW Golf which can double in its value if 60,000 miles are taken off the mileage reading. While the mileage element is the key one for selling a car, it is also important to be aware of the safety element. An owner may be more relaxed about looking after their car if they think it has clocked up considerably fewer miles than what it has actually managed. This is why it is important to have the true mileage recorded for every vehicle.