Supplier Tips

Avoid fines and penalties and retain your reputation

Time 2:17 pm, October 18, 2019

In this sponsored Car Dealer Clinic column, Motorcheck explaims how it can help dealers guard against the perils of write-offs 

MOTORCHECK’S October audit examining the sale of undisclosed insurance write-offs has detected potential examples at more than 900 UK retailers.

 How does this occur? It’s estimated that every year 100,000 insurance write-offs slip past the voluntary database relied on by popular provenance check providers HPI and Experian. This leaves dealers vulnerable to unknowingly purchasing or selling a previously damaged vehicle. The examples found are across the entire industry. Many are presented under the OEM’s ‘Premium Used’ brand and some even carry a third-party endorsement from the AA or RAC.

What does it mean for your business? Offering an insurance write-off for sale without the proper disclosure exposes a retaailer to future fines or other penalties but may also result in significant damage to a dealer’s online reputation.

What protection can you put in place? MotorCheck has access to a database of more than 2.5 million previously damaged vehicles. We make the information available to retailers as part of our full provenance check service or via a standalone check called a ‘Condition Alert’ designed to supplement your current provider.

Checks can be carried out individually by VRM, via Batch Upload or directly over a dedicated API.

Email: [email protected]
Phone: 0330 331 0150

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Car Dealer has been covering the motor trade since 2008 as both a print and digital publication. In 2020 the title went fully digital and now provides daily motoring updates on this website for the car industry. A digital magazine is published once a month.

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