What's the news?
The rate of vehicle clocking in Ireland has dropped marginally but still stands at nearly double the rate found in the UK. That is the finding of the latest report from vehicle data expert Cartell.ie which is reporting a 0.5 per cent drop (from 11 to 10.5 per cent) having studied in excess of 50,000 vehicles. As it stands vehicle clocking in the UK is currently running at 6 per cent with rates in Ireland steadily increasing since the start of the recession. To assist in combating the rise in vehicle clocking in Ireland, particularly concerning private-to-private transactions which are vulnerable under current consumer provisions, Cartell's legal division has drafted a Bill which would criminalise vehicle clocking in the country. The Bill passed Stage I in the Oireachtas at the end of the 2012 and is set for Stage II later in 2013.
Anything else?
Meanwhile Cartell.ie report the National Mileage Register (NMR) has now hit 10 million individual mileage readings. (10,098,181) Set up to coincide with the establishment of the company in 2006 the NMR is a database of mileage readings which allow the prospective purchaser to make a better informed decision about the vehicle he/she wishes to buy. “We are delighted to have reached 10 million readings,” said Jeff Aherne, Director Cartell.ie. “ It’s been a lot of work to get to this point. However the clocking rate is still far too high. Road safety, running costs, and maintenance outlay are all serious issues for car buyers and access to a database this size affords purchasers the chance to avoid pitfalls in the used vehicle market – which is still buoyant.”