Major UK seller Bank of Scotland Vehicle Finance is urging car buyers to request stringent safety checks following the publication of the latest HPI statistics. They are promoting www.carsite.co.uk, who offer HPI history checks and full RAC inspections on all Bank of Scotland used cars.
(PRWEB) September 8, 2006 -- Bank of Scotland Vehicle Finance is urging shoppers to ensure that stringent checks have been made on the purchase of their new used motor before they part with cash. The news follows the Bank’s decision to sell their ex-fleet vehicles via the specialist website www.carsite.co.uk.
Latest figures from HPI checks in 2005 highlighted:
- 4 out of 100 vehicles they check had, at some stage, been written off
- HPI identifies nearly 30 stolen vehicles every day, with most getting sold as bargains to unsuspecting buyers who then have to return the car to its rightful owner
- Five out of every 100 checks against the HPI National Mileage Register reveal mileage discrepancies
- 24 out of every 100 cars is still subject to a finance agreement
Buyers looking to purchase a used motor online in a safe and secure environment can now buy the Bank’s used vehicles direct from www.carsite.co.uk following an exclusive new partnership between the two companies.
The motors, which will clearly be marked as coming from Bank of Scotland on www.carsite.co.uk will be sold either through a ‘buy it now price’ or an online auction which will be hosted via eBay but with the back office support of www.carsite.co.uk.
Chris Joyce, Head of Operations for Bank of Scotland Vehicle Finance, comments: “Unfortunately motor fraud is all too common in the sale of used vehicles, particularly within the online community. We want to encourage shoppers to always know that stringent checks have been carried out on the vehicle before any transaction takes place and to not part with large sums of cash before they have even inspected what they are buying. This is why we have teamed up www.carsite.co.uk to sell our used vehicles in a secure and functional proposition that in turn eliminates the element of surprise for the customer. Fundamentally, www.carsite.co.uk, places a ‘firewall’ of protection, which gives the customer confidence and trust in the whole online car buying process.”
Key benefits of the new online experience, which aims to eliminate motor fraud, include competitive pricing and all vehicles being supported with extensive real photos, including close-ups from each independent RAC inspection. This ensures complete transparency and peace of mind for the customer. In addition, each vehicle comes with a free HPI report, which examines the vehicle's status under all legal registers providing a complete history of the vehicle. 
Joyce, concludes: “I think what will surprise shoppers about this new way to purchase used cars is the fact that its safe, there are no pushy salesmen, the prices are extremely attractive and that when they come to pick up the car if there is anything they are not happy with then they can just walk away without having paid a penny.”
For further press information or to arrange an interview with Chris Joyce at Bank of Scotland, please contact Jo Dain at Euro RSCG Biss Lancaster on 0131 553 3328.
Notes to Editors:
If you would like to post this news story online, please note that we can also send you JavaScript coding for the real Carsite listings to appear next to the release. You can also add the following links to the appropriate text to further explain this e-commerce platform:
- RAC: http://www.carsite.co.uk/cars-about-rac.html
- HPI: http://www.carsite.co.uk/cars-about-hpi.html
- Carsite Customers / Testimonials: http://www.carsite.co.uk/carsite-testimonials.html
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