The car buying process can be a particularly exciting experience, no one can be blamed for getting carried away! But you should consider undertaking a few checks before committing to buying a car, just for that extra peace of mind.
One of these is checking the vehicle you're interested in isn't marked as stolen or unsafe. Inadvertently buying a stolen car can present several issues, we'll explain what you can do to avoid doing so!
Meet the seller at a secure location
It's far from definitive, but meeting the seller at their address can give you some degree of authentication. Doing this can help you verify the information on the V5C registration document and ascertain whether they're the registered keeper of the vehicle.
Check the VIN
A vehicle identification number (VIN) is composed of 17 characters both digits and capital letters that act as a unique identifier for the vehicle in question. You can typically find this in the V5C logbook and car insurance documents.
The car itself should also have a marking displaying the VIN, this could be on the dashboard or stamped on the chassis. That's why VIN is also called the ‘chassis number’!
Check the details on the V5C document
As mentioned, a V5C document can give you some indication of authenticity. A minor detail to look out for is whether the certificate has a ‘DVL’ watermark. If the serial number is not between BG8229501 to BG9999030, or BI2305501 to BI2800000, the V5C might be stolen.
Before buying a used car, you should insist on checking over the V5C. Also ensure that the details in the logbook match the details you’ve been given.
Check the price of the vehicle
There's an old adage that goes, 'If something seems too good to be true, it probably is'. It's not always the case, but if you find a car that has a suspiciously low comparative asking price - you should question why. It can mask hidden issues with the car, or the fact the vehicle has been stolen.
Some cars are targeted by thieves more than others, it might be worth checking the model of the car you're looking to buy Owning one of the most stolen models of cars in the UK could put you at a greater risk of theft.
Many of the models that feature are hacked via the keyless entry system on drivers’ key fobs. So, if you do decide to buy a keyless entry vehicle, you may want to consider security measures to prevent keyless car theft.
Use a free online car checker
You can build a clear picture of the history of the car you're looking to buy online. Several comprehensive car checking tools can help you establish if a vehicle has been stolen. The DVLA website can check the tax status of a vehicle. You can use the tool to view when the tax and MOT expires, and when the most recent V5C for the car was issued.
Using recognised resources provided by DVLA or HPI can give you enough information to cross check with what the seller has provided. If some of the details don't align, it could indicate suspicious activity.
What happens if I buy a stolen car?
If you find out that the car you've bought has been stolen, contact the police immediately. You'll be given a crime reference number, it's important you note this down. Then contact your insurer, they'll ask you for the crime reference number you've been given.
If you suspect the car you've bought is stolen, or you confirm that it is, it's best not to use the car under any circumstances. The police and your insurer should give you guidance as what you should do during this time.
You may be able to claim through your insurer, but you should prepare for the possibility of losing the car if it's returned to its rightful owner.
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