Confirming its place as the most comprehensive mileage database available in the UK, HPI's National Mileage Register (NMR) now contains over 125 million mileage readings - providing valuable intelligence for dealers to combat the very real threat of clocking.
- HPI's National Mileage Register exceeds 125 million records
Confirming its place as the most comprehensive mileage database available in the UK, HPI's National Mileage Register (NMR) now contains over 125 million mileage readings - providing valuable intelligence for dealers to combat the very real threat of clocking.
The NMR has grown by a staggering 25 million records since this time last year. One in every 12 vehicles checked with HPI shows a discrepancy or inconsistency in a vehicle's mileage. Whilst upon investigation many inconsistencies are proven innocent, in other cases there is a very clear intention of someone trying to increase the value or the car and deceiving subsequent purchasers.
This consistent growth in the NMR is assisted by manufacturers such as BMW (UK), who provided HPI with a half a million new service and repair mileage records in 2007 - and they look to surpass that number in 2008.
In an HPI investigation, previous owners of the vehicle will be contacted and mileage details confirmed - making sure both dealers and customers are getting exactly what they paid for. The NMR can also provide more than just peace of mind. Any check which uncovers a discrepancy can form the basis of a legal defence against the 1968 Trade Description Act.
Prestige and specialist car retailer the Sytner Group and prestige vehicle manufacturer Bentley Motors are the latest to recognise the crucial role of the NMR - both have recently been given HPI "approved" status, enabling their dealers to benefit from a mileage verification every time they conduct an HPI Check.
Daniel Burgess, director of automotive at HPI, comments: "By reaching 125 million records, the National Mileage Register takes us a huge step further towards combating the problem of clocking. Legitimate dealers need to ensure they are protecting both their reputation and customers by making every effort to validate the true mileage of their vehicles, and set themselves apart from the more underhand retailers out there."
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For press enquiries please contact:
Dominic Dennis, Margot Tomkinson or Justine Hoadley at HSL 0208 977 9132. dominic@harrisonsadler.com
Notes to editors:
About HPI
Originally established in 1938, HPI Limited is a primary source of vehicle information for the UK motor industry and motoring consumer, which since August 2004 has been owned by Norwich Union. HPI encompasses both the HPI database of all UK road registered vehicle descriptions and histories, and the National Mileage Register which holds in excess of 125 million mileage readings.
Together, HPI and NMR represent the UK's largest vehicle information source, combining and interpreting data from government agencies, industry bodies, private organisations, the police and the general public. Registering with HPI helps companies to protect their financial interests in motor vehicles and a wide range of other mobile assets. HPI Checks give purchasers instant confirmation of whether vehicles are correctly described, known to be subject to outstanding finance or serious accident damage, or recorded as stolen or "clocked".
'HPI' and the HPI logo are registered trademarks of HPI Limited.
(1) All prices include VAT and are correct as of 1 January 2006
(2) Mileage Data is not covered by The HPI Guarantee
(3) The HPI Guarantee is subject to terms and conditions