About HPI

Founded in 1948, HPI maintains a comprehensive register of financed assets, focusing primarily on motor vehicles under hire purchase agreements or other lending structures. This register serves as a vital resource for Irish finance houses, car dealerships, leasing companies, and the wider lending industry. HPI plays a pivotal role in assessing the risks associated with credit extended to finance the purchase of vehicles (both private and commercial), machinery, and other assets.

Additionally, consumers in the used car market can rely on an HPI check to confirm that they will hold full legal title to the vehicle they intend to buy, offering peace of mind and protection against potential legal issues.

HPI and CRIF

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In 2022, CRIF acquired a 73% stake in HPI, marking a significant development in the company’s trajectory. HPI, recognised for its standing in a highly competitive and sophisticated market, was established to manage the Irish register of financed assets.

The company focuses on motor vehicles under hire purchase and other financing arrangements, providing access to a unique database contributed by key participants, including major financial institutions such as AIB (Allied Irish Bank), BOI (Bank of Ireland), and UB (Ulster Bank), all of whom are shareholders.

HPI offers real-time, comprehensive finance checks for vehicles and other assets, accessible through various B2B and B2B2C channels, serving both prospective buyers and their financial institutions.

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