Mycarcheck.com reveals risks for top 20 makes:Honda worst for write-off, Audi for finance and Yamaha stolen
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A new report by used vehicle checker mycarcheck.com hasrevealed thewrite-off, finance and stolen risks for its 20 most-searched makes.
Worryingly, the percentage of vehicles checked with at least one serious warning against them increased from 25.6% in 2015 to 28.5% in 2016. The most common serious risk, write-off, increased from 29% of all warnings in 2015 to 33.6% last year. Outstanding finance accounted for 18.1% of all warnings, up markedly from 13.8% in 2015.
The risks differ from make to make. For the second year running, Honda was worst for write-off and Audi was worst for finance. New entry in the top 20, motorbike and scooter manufacturer Yamaha, was worst for stolen.
Table1: Serious warning data for mycarcheck.com's 20 most-searched makes of 2016
| Most-searched | Write-off | Finance | Stolen |
1 | Ford | 19.21% | 9.13% | 0.70% |
2 | Vauxhall | 19.99% | 10.96% | 0.48% |
3 | Volkswagen | 15.82% | 8.73% | 0.55% |
4 | BMW | 17.88% | 12.69% | 1.25% |
5 | Audi | 15.92% | 13.98% | 1.02% |
6 | Mercedes | 16.69% | 13.43% | 1.54% |
7 | Peugeot | 18.81% | 6.90% | 0.38% |
8 | Honda | 21.65% | 4.89% | 1.18% |
9 | Renault | 18.59% | 8.07% | 0.42% |
10 | Toyota | 17.14% | 6.75% | 0.53% |
11 | Nissan | 18.61% | 12.07% | 0.39% |
12 | Citroen | 17.77% | 9.16% | 0.23% |
13 | Fiat | 17.57% | 7.67% | 0.18% |
14 | Land Rover | 12.70% | 12.07% | 2.07% |
15 | Mini | 18.28% | 8.06% | 1.22% |
16 | Seat | 18.69% | 11.07% | 0.28% |
17 | Suzuki | 19.09% | 5.52% | 1.33% |
18 | Mazda | 15.34% | 9.36% | 0.72% |
19 | Yamaha | 17.10% | 6.92% | 3.55% |
20 | Volvo | 15.34% | 8.88% | 0.37% |
21.65% of all Honda vehicles checked returned a write-off warning, compared to a mycarcheck.com top 20 average of 17.61%. 13.9% of all Audi vehicles returned an outstanding finance warning, compared to an average of 9.32%. 3.55% of all Yamaha vehicles checked returneda stolen warning, compared to an average of 0.92%.
Head of mycarcheck.com, Roger Powell,said: "Buying a used vehicle should be exciting, but the private marketplace especially is fraught with risks. We need to get the message out that, for a tiny percentage of the overall purchase cost, you can confirm whether the car or bike you're looking at is stolen, has been previously written-off or has any finance debt against it."
With information from the police, DVLA, insurers and finance houses,mycarcheck.comholds comprehensive data on every vehicle on UK roads - things that buyers should be aware of before making an offer.
CDL Vehicle Information Services, which ownsmycarcheck.com, performs over a million look-ups a day for companies including AutoExpress, CompareTheMarket, Go-Compare, Moneysupermarket, Swiftcover and Tesco.