Over one in ten (11.78%) of all Audi’s checked by CDL’s My Car Check provenance product flagged up a warning of potential of outstanding finance.
This was the highest percentage of any marque, something My Car Check described as a ‘backhanded compliment’ to the quality of Audi’s financial offerings.
Gavin Amos, head of valuation services at My Car Check, said: "The fact that used Audi vehicles are most likely to have finance debt is a backhanded compliment to their astonishingly successful new car finance packages."
He said there was a ‘serious lack of awareness’ about the risk of buying a used car with outstanding finance, despite the high penetration of finance meaning a significant portion of cars on the road are now owned by finance cars as opposed to the driver.
"The fact that used Audi vehicles are most likely to have finance debt is a backhanded compliment to their astonishingly successful new car finance packages."
Overall, 13% of all cars checked received a warning over potential finance. The most common issue was a plate transfer (48%) followed by a previous write-off (29%).
Land Rover was the marque with the highest percentage of warnings against it overall, with 65.75% of Land Rover vehicles checked having at least one warning on them. They were also the most likely to have been stolen, with 0.32% of all Land Rover checked showing up as stolen on the police register.
When polling 649 of its customer in February, the company also found that almost half (48%) would rather buy privately than from a dealer.