24 May 2012
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Leading vehicle information expert, HPI joined forces with BBC Watchdog journalists to help uncover a clocking scam, which was making a fraudster posing as Ashley Singh and his brother thousands of pounds per sale. With 1 in 12 cars checked by HPI showing mileage discrepancies it is essential that used car buyers stay vigilant and protect themselves from the risk of unscrupulous vendors.
Mr Singh was selling clocked cars from his home via online used car sales websites, using fake identities and even doctoring the service histories to cover his tracks. Watchdog set up the two fraudsters by selecting a car that would be a prime target for a clocker. They sold him the car for £2,300 with a mileage of 128,000 miles and later found the Singhs selling it for £6,000 with a mere 47,000 on the clock.
Nicola Johnson, Consumer Services Manager for HPI comments, “The Watchdog programme showed that clocking remains a very real threat to used car buyers. Unscrupulous sellers like Ashley Singh see the clocking of a vehicle as an easy way to raise its price and make some extra cash by putting thousands of pounds onto the price tag. And it’s not just prestige cars that are the target for clockers, so all used car buyers need to be on the look out.”
*Many of these signs could be innocent, so look for more than one of the above as possible evidence of clocking
Author: Richard Lawton, May 7th, 2010
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