Scheme Reunites Seized Vehicles with Their Owners

In 2018, nearly 110,000 vehicles were confiscated by police as a result of drivers failing to have valid insurance.

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While the seizure of cars without insurance is common, the growth in those leased or bought on finance results in bigger problems. Without the assistance of HPI CrushWatch, finance firms might see millions of pounds worth of assets changed into metal cubes.

CrushWatch Checks

The CrushWatch scheme helps to return seized vehicles to their legal owners. In 2018, vehicles totalling nearly £122 million were returned whole to their owners.

CrushWatch launched in 2009. It lets UK police forces check vehicles before disposing of them, allowing finance companies to be reunited with what are often valuable assets. The number of checks conducted has grown nearly five-fold after the beginning of the scheme ten years ago.

For motor trade insurance, look up firms such as Quotemetoday.

There is more about the CrushWatch scheme and how it helps to reunite drivers with their cars here: http://www.bodyshopmag.com/2018/news/crushwatch-reunites-cars-with-owners/.

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Supercar Stars

Among the 13,000 confiscated vehicles belonging to finance firms in 2018, a large number of super and luxury cars were found. For example, a Lamborghini Aventador worth £306,200 was the most valuable car saved from scrapping or sale.

Sant’Agata products were popular among drivers with no insurance, consisting of 50 per cent of the top ten most expensive vehicles found by CrushWatch. Meanwhile, a Rolls-Royce Dawn worth £212,300 and a Lamborghini Huracan costing £173,400 made the top ten.

Growth in Seizure of Leased Cars

The biggest concern is that the value of financed or leased cars being seized has grown by £28 million when compared to 2017. A total cost of £122 million is the highest amount ever recovered in CrushWatch’s ten years of existence, highlighting a worrying trend.

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When teammates in Formula one are vying for the Drivers title it can create some of the most dramatic moments in sport. You have to have a certain degree of ego to drive something as fast and as inherently dangerous as a Formula one car so when you add in drivers of a similar skill then sparks are going to fly. We’ve seen recent examples of this with Sebastian Vettel and Mark Webber for Red Bull, and Nico Rosberg with Lewis Hamilton. This last rivalry made even fruitier when you consider that the two were friends at karting. This bonhomie was blown apart with Lewis’s ascertain during their time at Mercedes that he and Nico were “not friends” and Rosberg’s retirement after winning one title because he did not want to be competing against Hamilton again. For many watching these incredible drivers was the event of a lifetime and you can see today’s drivers speeding around the track whilst you sit in the great surroundings of the Britain F1 Paddock Club by taking a look at edgeglobalevents.com/f1-paddock-club/f1-paddock-club-britain

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Minor skirmishes compared to one of the most competitive and even destructive rivalries between two drivers in 1988. Senna was the hothead, a rule bender who could bring the very best out of the car whatever the conditions. Prost was a more measured driver, still fast but calculating, he would not push for wins unless he really had to, content to hold position and see a race through. Senna, following a good relationship with Honda, came to McLaren and the approval of Prost. Prost was the team’s number one and a double world champion. He soon found that the young Brazilian would be hard on his heels.

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