Certificate will safeguard against stolen cars; EXECUTIVE MOTORING.
The move is aimed at restoring public confidence in the market following a BBC1Watchdog programme suggesting the UK was being flooded with stolen imports.
Bimta will be issuing certificates of authenticity which give an underwritten guarantee that a vehicle has not been stolen prior to its export from Japan. It also guarantees that there are no financial liens on the vehicle, such as hire purchase, prior to export.
If a vehicle issued with a certificate is subsequently proven to be stolen then BIMTA will refund the current market value of the vehicle, subject to terms and conditions.
The scheme, which will see the first certificates issued mid-November, also covers imports already in the UK.
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|Publication:||Western Mail (Cardiff, Wales)|
|Date:||Nov 14, 2001|
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