Issue date: 7-13 April Correspondent: Malcolm Harrison Occupation: Independent used truck dealer Subject: Blocking illegal truck
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sales
C PT lie law holds truck dealers
responsible for ensuring all vehicles and trailers we handle are free from any financial encumbrance. This is not only a legal obligation but a moral one to safeguard our customers' interests. However, there are just two means of checking this:
the integrity and honesty of the owner and the use of the HPI register. Unfortunately as the HPI register is purely voluntary it creates major headaches for dealers if finance institutions fail to register an interest in their assets, says Harrison, who wants a statutory obligation to register a financial interest, There's no way of checking who a rightful owner is. The situation needs to be rectified. It would save the country thousands of pounds on fraud charges and investigation fees and property loss."