vAuto/Carfax Program Takes Aim At Auction Evaluation

vAuto has collaborated with Carfax on a used vehicle evaluation project. This integration matches CarFax data and vAuto Provision and AutoGenius software to create a new at-a-glace method to find out about the condition of auction vehicles. According to a vAuto press release, this new integration is reported as a “time-saving view of a used vehicle’s reported accident, ownership, service and usage history.”

Randy Kobat, the vice president and general manager of vAuto feels that the collaboration was a sizable project, but one that will payoff. “It’s a significant undertaking to bring tens of thousands of Carfax Reports and auction vehicles together in a manner that allows dealers to know right away if a vehicle matches their acquisition criteria,” Kobat said in a statement. “Dealers trust Carfax and we made it a priority to bring their trusted information to the forefront of the auction acquisition process.”

The at-a-glance setup of the software reportedly provides users with an icon, which indicates something about the vehicle condition such as whether or not the vehicle has been involved in an accident, if service records are available for the vehicle, and if it was part of a fleet and number of previous owners. According to the vAuto press release, this feature is meant to provide a faster auction evaluation took for dealers.

Joe Koening, the vice president of Carfax, has thrown his full support into the collaboration. In a statement, Koening explained, “vAuto has created a unique way to help Carfax Advantage dealers use the Carfax information they rely on as part of their used vehicle evaluations. We’re proud to partner with a company that’s equally committed to giving dealers valuable information that helps them make fully informed inventory acquisition decisions.”

What methods do you use at your store for evaluating auction vehicle condition? How do you think this joint project could impact the retail automotive industry?