Returning Untaxed Cars
HPI is extending HPI CrushWatch to alert motor finance lenders to vehicles impounded by the Driver and Vehicle Licensing Agency (DVLA) because the vehicle has no road tax. A car that is subject to a finance agreement which is driven without Vehicle Excise Duty (VED) is breaching the terms of the finance contract. Until now, confiscated cars would have been auctioned or sent to the scrap heap if they weren’t claimed by the registered keeper.