Aspect | Details |
---|---|
Annual Statistics | Car theft rates in the UK have increased in recent years, with tens of thousands of vehicles reported stolen annually. |
Hotspots | Urban areas, especially larger cities like London, Manchester, and Birmingham, experience higher rates of vehicle theft. |
Recovery Rates | Recovery rates for stolen vehicles vary, but a significant percentage of stolen cars are never recovered. |
When considering the purchase of a vehicle, especially in high-theft areas, conducting a thorough background check is essential:
What happens if I've bought a stolen car?
If you accidentally purchase a stolen car, immediately contact the police to verify its status. It is imperative to return the vehicle to its rightful owner or the police. You might be eligible for a refund through your insurance, but keep in mind that knowingly purchasing a stolen vehicle is illegal and carries severe penalties.
Does a stolen car affect its resale value?
If a stolen car is recovered and returned to you without any need for substantial repairs, it typically retains its value, provided it maintains a clean title and is restored within a reasonable period.
Should I inform the DVLA if my vehicle has been stolen?
Yes, if your insurance settles a claim for a stolen vehicle, you must inform the DVLA. This can be done by completing the 'notification of sale or transfer' section on your V5C registration certificate and sending it along with a letter detailing the insurance settlement to the DVLA at DVLA, Swansea, SA99 1BD.
Is stolen car check free?
No, it is only available in our premium report
Are stolen recovered cars recorded?
Yes, if a stolen vehicle is recovered and declared a write-off by the insurance company, it is moved from the stolen register to the write-off/condition alert register.
How likely are stolen cars to be recovered?
The average recovery rate for stolen vehicles in the UK is about 50%, though this varies depending on the make and model of the vehicle, the location of the theft, and the nature of the theft.