What does it mean if a car is HPI clear?
HPI clear essentially means that the vehicle you’re hoping to buy has had an HPI Check which showed no adverse data. It is a great trust indicator and the ultimate seal of approval when buying a used car.
How do I know if my car is HPI clear free?
There’s no such thing as a Free HPI Check so be extremely cautious of any services that claim to provide an HPI Check Free. A ‘Free HPI Check’ is not genuine and will not provide you with the information needed to keep you protected from car scams and motor fraud.
How long does Finance take to clear on HPI?
When a payment is received by the finance house, it normally takes up to 10 working days for the vehicle to be clear of finance but the length of time depends on the payment method and can vary from bank to bank.
Is HPI check genuine?
There’s no such thing as a FREE HPI Check. Any company claiming to offer a free HPI Check does not offer the genuine article. The HPI Check® is only available for purchase from hpicheck.com. It was created by HPI Ltd in 1938 and is a registered trademark.
How do you clear finance on a car?
- Speak to the finance company.
- Pay the settlement figure and sell the car.
- Part-exchange the car for a cheaper new one.
- Use Voluntary Termination (VT) to end the agreement.
- Use Voluntary Surrender to return the car.
- Speak to the finance company.
- Pay the settlement figure and sell the car.
Can a garage sell a car with outstanding finance?
Finance and the law It’s illegal to sell a car that still has oustanding finance on it. If a car is bought on credit, before it can be sold the finance company must be contacted and they’ll provide a ‘settlement figure’, which is the cost to pay everything off.
What company is HPI?
HPI, LLC
| Type | Limited Liability Corporation |
|---|---|
| Industry | Turbomachinery Control Systems Industrial Automation EPC |
| Founded | 2002 |
| Headquarters | Houston, Texas, The United States |
| Owner | Hal Pontez |
Does stolen recovered Show on HPI?
Your HPI Check will not provide any details if the vehicle has been stolen and recovered unless there are outstanding interests or the vehicle was subject to being written off as a total loss by the insurer.
Can a HPI Check be wrong?
In the case where HPI provides incorrect data affecting the vehicle’s condition, the HPI Guarantee will cover up to £15,000 or 50% of the market value of the car, whichever is the lower.
How can I get rid of negative equity on my car?
If paying off the car’s negative equity in one fell swoop isn’t on the table, pay a little more each month toward the principal. For example, if your monthly car payment is $351, round up to $400 each month, with $49 going toward the principal. The more you can pay, the faster you’ll get rid of the negative equity.
Who owns the car if its on finance?
The finance company is the legal owner of the car until the loan is fully paid off. If the car is involved in an accident or receives a fine for parking or speeding, the registered keeper (i.e., you) will pay. It is the car’s legal owner (i.e., the borrower) who is authorised to resell the vehicle.
How do you remove HPI marker?
To do so, you will need to produce proof of new ownership, as well as valid tax, MOT and insurance documents. If you take these documents to a police station and explain that you are the new owner of the car, then they may remove the marker.
How do I get a full HPI™ Check?
To get a full HPI™ Check, text the vehicle’s registration number to 78777. You’ll receive your report straight to your mobile instantly. Check a car, bike or van.
What does HPI clear mean?
What is HPI Clear? What is HPI Clear? HPI Clear refers to a car, motorbike, van or any other motorised vehicle registered in the UK that has had an HPI Check and showed no adverse data recorded against it. It is the ultimate seal of approval and offers complete peace of mind when buying a second hand car.
What have people said about HPI?
Also, their service was great on the phone. They called me back when they said they would, they did what they said they would, they just generally exceeded my expectations of a call centre operation. Good work guys.” “I found this extremely useful as I found the car I was buying had a mileage discrepancy when checked with HPI…
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