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Write-offs, outstanding finance and theft warnings on used cars continue to rise

Mycarcheck.com warning

Warnings on write-offs, outstanding finance and theft on used car checks are continuing to rise.

New data from used vehicle checker Mycarcheck.com has revealed that serious warnings have risen again to 30.8% of all checks in the first six months of 2017.

This follows an increase from 25.6% in 2015 to 28.5% in 2016.

The Citroën C1 VTR was the highest risk of Mycarcheck’s 100 most-searched models for write-off, the Corsa SXi AC for finance and the Ford Fiesta Titanium for stolen.

Highest risk for write-off (%)
1 Citroën C1 VTR (50.9%)
2 Vauxhall Corsa SXi AC (49.1%)
3 Vauxhall Corsa Limited Edition (48.7%)


 

Highest risk for finance (%)
1

Vauxhall Corsa SXi AC (29.1%)

2 Land Rover Range Rover Sport TDV6 HSE (28.6%)
3 Vauxhall Corsa SE (26.4%)

 

Highest risk for stolen (%)
1 Ford Fiesta Titanium (10.8%)
2 Vauxhall Corsa VXR Turbo (9.3%)
3 Ford Focus RS (7.1%)

 

Mark Bailey, head of CDL Vehicle Information Systems, which owns Mycarcheck.com, said: “These new figures show the risks associated with the UK’s most popular used vehicles and why it is so important to check before you buy.

“Given its unwanted appearances at the top of our write-off, finance and stolen charts, second hand Corsa buyers in particular need to know what they’re getting into.”

With information from the police, DVLA, insurers and finance houses, Mycarcheck.com holds data on every vehicle on UK roads.

 

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