Veda Advantage offers you a range of personal services such as access to your Credit File, Identity Theft Prevention, Vehicle and Property Services
Subscriber login:
Select your location:
Veda Auto launches Carhistory.com.au
31 March 2010
New website offers car buyers the full history on used cars
31 March 2010: Veda Advantage's auto business, Veda Auto, today announced its new consumer vehicle history research tool and website, www.Carhistory.com.au, a must-visit website for Australians when buying a used car.
Carhistory.com.au provides vehicle history checks which improve transparency for consumers and businesses planning to purchase used vehicles by revealing known information about a car's history.
David Scognamiglio, Head of Veda Auto and Carhistory.com.au, says Veda research shows around 13%* of used vehicles checked against the data on the Carhistory site have information that indicates the car is either written-off, stolen or has had flood or water damage.
"Vehicle fraud and dishonest behavior are costing Australians on average four thousand dollars** per incident. It's well worth protecting against financial exposure by running this report before making a final decision. Many people know that they can look for any finance owing on a used car. What most don't know is how much other information can be tracked, such as whether a car has been written-off or stolen, has had flood or storm damage, or whether the odometer readings are accurate. All this information and more can now be found in one place at Carhistory.com.au," he said.
Carhistory.com.au brings together extensive data on millions of vehicles from several industry and Government databases. Each report includes: the vehicle details, security interests recorded on the vehicle, a written-off or stolen check, current valuation, odometer checks, sales listings and safety and omission ratings. Reports can be purchased instantly by entering the Vehicle Identification Number (VIN) and costs $24.95.
Carhistory.com.au has partnered with leading online automotive websites such as eBay Motors, CarsGuide.com.au and CountryCars.com.au, to offer vehicle history checks on individual car listings within each of these websites.
Christian Lucy, Countrycars.com.au General Manager said: "In this day and age being alert or sceptical is just common sense. Doing your vehicle research is part of that. I believe Carhistory.com.au provides an inexpensive solution and gives car buyers peace of mind."
In addition to detailed and customised used car history reports, Carhistory.com.au provides articles from top motoring journalists, car buying tips, safety information and the latest motoring news, blogs and videos.
The website, which launched as a pilot site www.vedaauto.com six months ago, has already attracted an audience of around 60,000 unique visitors per month*** and has now been rebranded and expanded to provide more consumer benefits.
Veda Auto will continue to provide monthly Automotive Credit Demand Index reports, which are a predictive measure of automotive sales in Australia and will continue to offer products and services to motor dealers, banks, finance and insurance companies. Veda Auto is a subsidiary business of Veda Advantage, a data and information company. Veda Advantage holds Australia's largest database of consumer and business credit records.
Sample of Carhistory.com.au home page
* Veda Auto bureau research
** Veda Research, an independent arm of the Veda Advantage Limited. The used auto market research was conducted by Veda Insights via an online survey using the Ticketek Rewards panel. Consumers aged 18 years and older who had purchased a used vehicle in the past six months or intended to purchase in the next twelve months across Australia was the target for this research. A
representative sample of used car purchases by state was achieved. The fieldwork was undertaken 2nd - 9th July 2009. A total of 1,017 surveys was completed and was nationally representative.
***Google Analytics Feb 2010
-Ends-
Media Information, case studies and interviews:
Sally Robertson (02) 9492 1089 or mobile: 0400 927 003. email: Sally@launchgroup.com.au
About Carhistory.com.au. Carhistory.com.au is a business division of Veda Advantage Information Services and Solutions Limited ABN 26 000 602 862. Carhistory.com.au delivers vehicle information solutions to motor dealers, insurance, finance companies and consumers. Carhistory.com.au aims to help reduce fraud and improve transparency in the sale and purchase of second hand vehicles in Australia, to the benefit of both businesses and consumers alike. Carhistory.com.au sources data from the National Vehicle Information System (NVIS) and Government databases to compile the most comprehensive report possible (as based on available datasets) on the history of a motor vehicle. A Carhistory.com.au report includes: stolen vehicle status, any flood or storm damage, odometer readings, previous sales listings, the estimated current car valuation, whether the car has been a repairable write-off, written off status, safety rating and any outstanding finance status (REVS check).
About Veda Advantage www.vedaadvantage.com.
Veda Advantage has been at the forefront of the information services industry for many decades. Issues such as privacy, data security, fraud and business intelligence are part of our commercial landscape. We provide insights into more than 16.5 million credit active individuals and 4.4 million companies and businesses.
* Veda Advantage Information Services and Solutions Ltd is a member of the Veda Advantage Group of companies.
DISCLAIMER
Purpose of Veda Advantage media releases:
The information in this release is not intended to provide guidance or commentary as to Veda Advantage's financial position nor does it constitute legal, accounting or other professional financial advice. The information may change and Veda Advantage does not guarantee the currency or accuracy of the sourced data.
To the extent permitted by law, Veda Advantage specifically excludes all liability or responsibility for any loss or damage arising out of reliance on information in this release and the data in this report, including any consequential or indirect loss, loss of profit, loss of revenue or loss of business opportunity.
