LAGUNA HILLS, Calif. –
A new partnership between automotive recall services provider Recall Masters and auto industry software provider VettX could help dealers more easily scan every vehicle VIN for sale in the private market and look for recalls.
VettX says its platform connects auto dealerships to a large inventory of vehicles, noting that those vehicles would otherwise be time-consuming to locate and purchase. The platform, according to VettX, helps dealers “scan this high-potential private market.”
The companies say the partnership provides auto dealerships and consumers with an “additional layer of transparency” that can help safeguard them from making uninformed decisions.
The new partnership could also improve the effectiveness of VettX market analysis data.
VettX notes that its auto dealers are trained to navigate a list of private party vehicles that are ready to purchase and are available in their local markets. VettX provides each dealer with a list of vehicles that are ready to buy and that the VettX team has fully vetted.
Vetted vehicles include details in the areas of vehicle condition, pricing information, and any potential open recalls.
VettX’s call center then contacts each seller to ensure the vehicle is as the seller claims it to be. The company then arranges for a dealership to purchase it.
Dealers armed with that information can make a quick, educated decision as to whether the vehicle makes business sense for them.
“We’re extremely pleased to include VettX among our list of automotive industry clients who want to safeguard consumers from dangerous recalls while helping dealerships acquire assets with complete transparency,” Recall Masters chief executive officer Christopher Miller said in a news release.
Miller also said the partnership further helps Recall Masters toward its mission of safeguard the industry and consumers from dangerous recalls that “pose a threat to all drivers and passengers on the road,” Miller said.
“Recall status can be difficult to find, especially when acquiring vehicles from the private market,” Miller said. Miller said that as part of its market analysis, VettX can now detail recalls related to the specific VIN of the searched vehicle.
VettX chief executive officer and chief technology officer Ryan Dietz said that dealers’ ability to easily scan every vehicle VIN for sale in the private market and look for recalls “is vital to our dealership community,” and he said those dealers need to make quick decisions on whether to purchase a particular vehicle.
“This integration is extremely helpful because it adds a secondary layer of asset protection to assist the buyer, making us one of the first private automotive market software platforms to compile recall data into the market analysis,” Dietz said.
Dietz continued, “In an industry where vehicle valuation, speed-to-market processes, and razor-thin margins dictate success or failure, this partnership gives our customers a tremendous advantage in the marketplace,” Dietz added.