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 there a free stolen car check?
Yes, websites like IsItNicked.com provide free stolen car checks, though it's important to understand the limitations of such services. For a thorough examination, consider our comprehensive car history check, which provides detailed information for a nominal fee.
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.