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If You Buy A Lamborghini, Make Sure You Can Afford The Insurance!

Lamborghini

HPI CrushWatch from vehicle history check expert HPI,saved over £56 million worth of vehicles that were being driven without insurance, from being crushed at the instruction of the police in 2014.  Shockingly, supercars and prestige vehicles are often being driven by insurance evaders. However, popular, high volume makes of car, such as Vauxhall and Ford top the culprit’s chart.

The highest value vehicle HPI CrushWatch identified in 2014, was a Lamborghini Aventador worth £309,000. Rolls Royce, Bentley and Lamborghini vehicles dominated the list of top 10 highest value cars recoveries. Owners of the Vauxhall Corsa and Vauxhall Astra are the most likely to drive uninsured, with nearly 1,000 of these models being reclaimed in 2014.  The Ford Focus came in third, with the Fiesta in fourth, showing that popular, mid-range vehicles are frequently hitting the HPI CrushWatch register.

Working under the umbrella of the Finance & Leasing Association’s (FLA) Vehicle Recovery Scheme, HPI CrushWatch brings together motor lenders and Law Enforcement Agencies to enable lenders to reclaim uninsured cars which could have been sold on or scrapped by the police without their knowledge.  Not only are the FLA and HPI  taking steps towards closing the net on insurance and tax evaders, they are making UK roads safer for law abiding motorists.

Neil Hodson, Managing Director for HPI, comments, “Although, the majority of cars we recovered in 2014, are popular, lower priced vehicles, we also helped recover a significant number of high-end makes and models.  Along with some astonishing supercars, we recovered a significant number of Audi, BMW, Land Rover and Mercedes-Benz vehicles.  It’s clear that insurance evasion crosses social and financial boundaries.”

Top 10 Recoveries by Value:

1.      Lamborghini                           Aventador                                          £309,000
2.      Rolls Royce                            Wraith                                                 £189,700
3.      Rolls Royce                            Ghost                                                  £129,300
4.      Bentley                                     Continental GT                                 £114,900
5.      Bentley                                     Continental GTC                              £98,700
6.      Lamborghini                           Gallardo Spyder                               £93,000
7.      Lamborghini                           Gallardo                                            £90,500
8.      Mercedes-Benz                      G63                                                    £90,500
9.      Audi                                          R8 Spyder                                         £86,100
10.   Land Rover                              Range Rover Autobiography        £83,800

Top 10 Models Most Commonly Recovered:

Vauxhall Corsa 503 £1,390,845
Vauxhall Astra 431 £2,032,260
Ford Focus 358 £2,286,780
Ford Fiesta 302 £1,415,750
BMW 3 Series 274 £2,235,205
Volkswagen Golf 253 £1,910,935
Mercedes-Benz C Class 238 £3,028,715
Ford Transit 206 £1,278,505
BMW 1 Series 202 £1,910,975
Audi A3 153 £1,210,130

Top 5 Marques Most Commonly Recovered

Vauxhall 1298
Ford 1183
BMW 678
Volkswagen 555
Mercedes-Benz 536

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