Daventry, Northants (PRWEB UK) 19 June 2014
Tradeouts which recently reported daily listings in excess of 10,000 trade vehicles, will now check all vehicles with HPI for theft and write-off status, saving dealers time, money and most importantly preventing any nasty surprise.
Dealers viewing Tradeouts stock will be able to see at a glance, the status of a vehicle and tell if any has a hidden past. To give complete the peace-of-mind offering, Tradeouts Car History Checks also comes with a £6,000 Guarantee*,
David Brown, Managing Director of Tradeouts says, “We’re delighted to have partnered with HPI whose name is synonymous with vehicle provenance checks. Together with HPI, Tradeouts is bringing the dealer-to-dealer community a car history check backed by the most comprehensive car information provider in the market, allowing dealers to buy their used car stock with confidence.”
HPI identifies more than 30 stolen vehicles every day. If a dealer buys a stolen vehicle they stand to lose the car and the money they paid for it. One in 33 vehicles checked by HPI are revealed to be an insurance total loss or a ‘write-off’. This equates to nearly a quarter of a million vehicles being sold on to unsuspecting buyers.
Roger Evans, Automotive Director for HPI comments, “This is an exciting proposition for the trade marketplace. Not only does it give dealers assurance that they are buying legitimate stock, it gives financial compensation in the unlikely event of our information being inaccurate or incomplete. Reputation is key in this competitive arena and utilising tools that are readily available to protect themselves against the risks, make sound business sense.”
Based in Daventry, Northamptonshire and founded in 2011, the award winning Tradeouts Limited is the leading independent online service provider to the automotive dealer industry and employs 8 people.
Based in Salisbury, Wiltshire and founded in 1938, HPI Limited is a primary source of vehicle information for the UK motor industry and motoring consumer and employs 186 people.