CHICAGO – CarDr.com’s new smartphone Vehicle Appraisal app, the first to combine pricing AND OEM level On-board diagnostics (OBD) via a Bluetooth connection, announces its integration with J.D. Power data analytics and consumer intelligence. Globally, J.D. Power has cemented a reputation for professionally accumulating and analyzing data in consumers’ best interests by providing verifiable and unbiased information.
The relationship provides CarDr.com with the most accurate and comprehensive dataset for vehicle valuations, residual value forecasts, and insights on consumer preferences and experiences. It also enables used car dealers to accurately define the current and future value of a vehicle. CarDr.com will leverage J.D. Power vehicle and valuation data, coupled with advanced analytics, to ensure dealers have access to all-inclusive data.
CarDr.com Founder Parry Singh says, “J.D. Power real-time market report data further positions CarDr.com as a leader in instant auto appraisals and OEM level vehicle OBD diagnostics. The integration provides used car dealers with the most comprehensive smartphone-based service that exceeds in quality and accuracy of larger and more expensive OBD scanners.”
Many apps provide pricing OR diagnostics but CarDr.com is the first to offer both via Bluetooth with their patent-pending technology. The technology was created for car dealers, appraisers, wholesalers and inspectors to:
- Detect VIN fraud with 100% accuracy and OBD trouble codes with 90+% accuracy
- Deliver more than the OBD standard generic level code report so the fair value of a used vehicle can be estimated immediately at an auction of trade-in point
- Reveal hidden OBD faults from the chassis and body modules (C and B codes) that can lead to significant sales margin erosion in used car purchases
- These hidden codes can often cost more than $2,000 to correct
- Create dynamic reports for each vehicle appraised, take photos, add appraisal notes and view previous appraisals
- The vehicle appraisal report generated from the application has proven to be a valuable tool for automotive wholesalers to enable sales and track accountability within the dealership
About CarDr.com, Inc.
CarDr.com is an automotive technology company that provides the auto industry’s leading software, hardware, and services for vehicle valuation and inspection. The product offerings include a Vehicle Appraisal system for Car Dealers. It also provides used Vehicle Inspection service for retail & corporate clients nationwide. To learn more, visit CarDr.com or call 1-800-932-1120.