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HPI works alongside the police, [1] DVLA and finance and insurance companies to generate detailed vehicle history reports for consumers in the second-hand car market. The report, called the HPI Check, informs consumers whether a vehicle has outstanding finance, been stolen, written off as a total loss, has a mileage discrepancy, [2] had a plate ...
This notification would set a "VIC marker" on the vehicle record on the DVLA database. An identity check might then be required before the vehicle tax could be renewed or before any amendments could be made to the logbook. DVLA database records are used by commercial vehicle check companies to offer a comprehensive individual car check to ...
The vehicle scrappage scheme (also vehicle discount scheme and car scrappage scheme) is a government incentive scheme that was introduced in the 2009 United Kingdom Budget to encourage British motorists to purchase a new, more environmentally-friendly car or van and scrap an older, more polluting one that they have owned for more than twelve months.
The Vehicle Identity Check (VIC) was a regulation concerning car ownership that was in force in the UK between 2003 and 2015. The VIC was introduced on 7 April 2003 and was created to prevent the illegal practice of vehicle cloning and to keep track of scrapyard vehicles. [ 1 ]
The Kelley Blue Book automatically rates any salvage vehicle as "poor" and does not value it at all. [12] The value of a vehicle with a salvage title is generally 65-75% lower than the vehicle's estimated value. If the vehicle is rebuilt to a road worthy condition and has passed State inspection, the difference in price is 60-70% of "fair" KBB.
In the UK the document is the V5C, also commonly called the "log book". [2] The document is issued by the DVLA and tracks the registered keeper of the vehicle. When a vehicle is transferred, exported, scrapped or had major modification (new engine, chassis or factors affecting the taxation class) the form is returned to the DVLA with details of the required changes, who then issue a new ...