According to an article found at the iaea (the institute of automotive engineer assessors), automotive experts HPI released figures through its Crushwatch scheme that almost £122m of uninsured vehicles were saved from the possibility of being crushed in 2018, making this figure the highest in 10 years, vehicles included a number of supercars such as Lamborghinis, Ferraris, Bentleys and Aston Martins.
2017’s figure was £94m making this years figure see an increase of £28m making it the highest ever recorded total value of vehicles saved in the 10 years since Crushwatch came into force.
The high-value vehicles were among more than 109,000 cars that were seized by police across the UK after their drivers were found not to have valid insurance, of which over 13,000 belonged to finance and leasing companies. Without Crushwatch the cars would either be sold on, often via auction or scrapped, without the finance company ever being aware.
Barry Shorto, head of industry relations at HPI, said, “In the 10 years since the introduction of Crushwatch these are the highest set of annual figures we’ve ever seen which shows the number of uninsured drivers on UK roads remains high. Since Crushwatch started, the total value of the cars recovered runs to well over £1/2bn and this highlights the important role that it plays in the process of clamping down on drivers who think they are above the law.
“The data identifies the growing need to crack down on these drivers who are causing a risk to other road users and pedestrians by getting behind the wheel without insurance. However, stamping out this practice is more than just a serious safety concern, it’s also about enabling finance companies across the UK to reclaim their vehicles which otherwise may have ended up at auction or on the scrap heap.”