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Latest News11 April 2017
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Mycarcheck.com reveals risks for top 20 makes:Honda worst for write-off, Audi for finance and Yamaha stolen

 

 

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A new report by used vehicle checker mycarcheck.com hasrevealed thewrite-off, finance and stolen risks for its 20 most-searched makes.

 

Worryingly, the percentage of vehicles checked with at least one serious warning against them increased from 25.6% in 2015 to 28.5% in 2016. The most common serious risk, write-off, increased from 29% of all warnings in 2015 to 33.6% last year. Outstanding finance accounted for 18.1% of all warnings, up markedly from 13.8% in 2015.

 

The risks differ from make to make. For the second year running, Honda was worst for write-off and Audi was worst for finance. New entry in the top 20, motorbike and scooter manufacturer Yamaha, was worst for stolen.

 

Table1: Serious warning data for mycarcheck.com's 20 most-searched makes of 2016

 

 

Most-searched

Write-off

Finance

Stolen

1

Ford

19.21%

9.13%

0.70%

2

Vauxhall

19.99%

10.96%

0.48%

3

Volkswagen

15.82%

8.73%

0.55%

4

BMW

17.88%

12.69%

1.25%

5

Audi

15.92%

13.98%

1.02%

6

Mercedes

16.69%

13.43%

1.54%

7

Peugeot

18.81%

6.90%

0.38%

8

Honda

21.65%

4.89%

1.18%

9

Renault

18.59%

8.07%

0.42%

10

Toyota

17.14%

6.75%

0.53%

11

Nissan

18.61%

12.07%

0.39%

12

Citroen

17.77%

9.16%

0.23%

13

Fiat

17.57%

7.67%

0.18%

14

Land Rover

12.70%

12.07%

2.07%

15

Mini

18.28%

8.06%

1.22%

16

Seat

18.69%

11.07%

0.28%

17

Suzuki

19.09%

5.52%

1.33%

18

Mazda

15.34%

9.36%

0.72%

19

Yamaha

17.10%

6.92%

3.55%

20

Volvo

15.34%

8.88%

0.37%

21.65% of all Honda vehicles checked returned a write-off warning, compared to a mycarcheck.com top 20 average of 17.61%. 13.9% of all Audi vehicles returned an outstanding finance warning, compared to an average of 9.32%. 3.55% of all Yamaha vehicles checked returneda stolen warning, compared to an average of 0.92%.

 

Head of mycarcheck.com, Roger Powell,said: "Buying a used vehicle should be exciting, but the private marketplace especially is fraught with risks. We need to get the message out that, for a tiny percentage of the overall purchase cost, you can confirm whether the car or bike you're looking at is stolen, has been previously written-off or has any finance debt against it."

 

With information from the police, DVLA, insurers and finance houses,mycarcheck.comholds comprehensive data on every vehicle on UK roads - things that buyers should be aware of before making an offer.

 

CDL Vehicle Information Services, which ownsmycarcheck.com, performs over a million look-ups a day for companies including AutoExpress, CompareTheMarket, Go-Compare, Moneysupermarket, Swiftcover and Tesco.

 


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07986 921 742

MyCarCheck.com

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