The UCDA and CARPROOF Work Together to Help Dealers Increase Profits
Accurate used vehicle valuation report helps dealers sell cars faster
LONDON, ON, March 2, 2017 – The Used Car Dealers Association of Ontario (UCDA) and CARPROOF have joined forces to help used car dealers buy and sell vehicles with increased efficiency and greater profits. UCDA Members will enjoy exclusive benefits when signing up for CARPROOF’s Vehicle Valuation Report (VVR) – the tool that’s quickly becoming the industry standard in used vehicle valuation.
VVR’s transparent valuation breakdown was specifically engineered to help dealers sell cars faster, cut the cost of negotiation and bring in quality inventory with increased confidence. Using robust data that combines wholesale and True Retail Sold™ transactions with current listing valuations, VVR is the most comprehensive used vehicle valuation tool on the market.
"The UCDA is dedicated to helping our Members buy and sell better, and CARPROOF’s VVR tool will be fundamental in advancing that mission," states Warren Barnard, Executive Director for the UCDA. "We’re excited about adding this value to our Member offerings."
"We’re extremely proud to be working closely with the UCDA on this dealer-focused initiative," states Shawn Vording, VP, Automotive Sales at CARPROOF. "Since launching this tool only 6 months ago, over 600 dealers have chosen VVR to help them sell more cars and make more money. We believe this is a huge testament to the value of VVR, and we can’t wait to share it with even more dealers across Ontario."
For more information about CARPROOF’s Vehicle Valuation Report, please visit carproof.com/UCDA.
CARPROOF, a unit of IHS Markit (Nasdaq: INFO), is a world-class data company that creates insight through information for the automotive industry. Offering solutions in vehicle history, appraisal, valuation and more, the CARPROOF name is synonymous with trusted, impartial and comprehensive used vehicle data. CARPROOF’s products are used by dealerships, vehicle manufacturers, consumers, major auctions, governments, insurance providers and police agencies across Canada, to help users buy, sell and appraise vehicles with full transparency. Based in London, Ontario and founded in 2000, CARPROOF has been named one of Canada’s 50 Best Managed Companies, and was also honoured with Deloitte’s 2013 Technology Fast 50™ and Fast 500™ awards. For more information about CARPROOF, visit www.carproof.com.
About the UCDA
The UCDA is a not-for-profit association of almost 5,000 motor vehicle dealers across Ontario. Our goal is to help foster a fair used vehicle buying experience that safeguards both the consumer and the dealer. Our membership is made up of franchise dealers, independent dealers, truck dealers and leasing companies, located in over 500 municipalities throughout Ontario. For more information about the UCDA, visit www.ucda.org.
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