What You Get from a ClearVin Report

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You get peace of mind. This peace comes in multiple forms, but a ClearVin report not only gives you the vehicle’s complete history; our reports give you information so you don’t spend too much, or get too little, for your car. You can tell is the car has been stolen, if there is VIN fraud and if it’s been part of any recalls. This is great information on its own, but with ClearVin you get even more.

Title Brand Information

One of the most important pieces of information ClearVin can provide is the vehicle branding information, as reported each time the vehicle was registered. This will let you know not only if the vehicle has a clear, junk, or salvage title; but can provide valuable insight into what types of specific damages the vehicle suffered, like flood or fire damage, if it was a taxi or police car, and many other brand types.

Insurance Records

If the vehicle was written off as a “Total Loss” by an insurance company, this section will tell you when this happened and which company designated it as a total loss. It will also provide company contact information, when available.

Vehicle Value Information

It’s important to know the potential value of a vehicle before bidding on it, to ensure that you are not overpaying for something without realizing it. The Vehicle Value Information portion of your report will provide the retail and trade-in value, as well as the potential loan value you may be able to expect. This gives you expert information that few people have.

Ownership Costs

Like the value information, the ownership cost provides expert data that most people don’t have. This information includes items such as depreciation, insurance, fuel and other factors that impact ownership cost. This cost are projected out five years so you know what you’re getting into over the long haul.

Recalls

Recalls typically involve maintaining a vehicle’s safety and you definitely want to know that. If it has been in a recall, the report contains the information you need to check if the repair was done for that specific car. This is the type of information you can’t tell by looking at a car or taking it on a test drive.

All this valuable information can be yours for the lowest prices on the market. Improve your piece of mind with a ClearVin report.

What ClearVin’s Auction Data Means to You

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Nothing is more important than receiving the clearest and most up-to-date information available when purchasing a vehicle history report. But while most companies will give you the basics of a vehicle’s history, ClearVin.com goes above and beyond to provide information that many other reports just don’t have.

ClearVin is proud to provide information not only from The National Motor Vehicle Title Information System (NMVTIS), but we also provide information from NADA, NVS, and the NHTSA. And that’s not all; we have relationships with hundreds of the largest salvage and insurance auction yards across the U.S., which allows us access information that many other vehicle history reports just don’t have.

When a car is run through any of these auctions, both domestically and internationally, we are able to tell you when it went up for auction and how many times it was placed on the auction block. This information can help you determine the demand for the vehicle. At least equally as important, we provide up to ten photos of the car as it entered each auction. This really gives you a visual history of the car. This valuable information simply isn’t available in history reports from many other sources.

Why trust anybody else, when you can get more information for one of the most competitive prices in the industry? ClearVin is not only your greatest resource, but also your greatest value when you’re researching your next used car. Purchase your report at ClearVin.com.

 

What a “Salvage” Title Means

ClearVin reports list a comprehensive title history on every report. A salvage title is usually given to a vehicle following an event that leaves it with significant damage. When an insurance company determines that the cost to repair a vehicle is greater than the cost to replace it, the vehicle receives a salvage title. Insurance companies estimate the costs of labor and parts at their contracted repair shops, which can be quite high.

Some vehicles with salvage titles have never even been in an accident! Similar to the approach with damaged vehicles, insurance companies write a check for owners of stolen vehicles. Since these cars are written off for the total cost of the vehicle, they are typically found among damaged vehicles at the same auction yards. Because a salvage title can be issued to a vehicle with easily repairable problems or no damage whatsoever, the low cost of the salvaged motorcycle or car is appealing to some hobbyists and investors.

In the US, motorcycles and cars which carry a salvage title may not be registered and driven on public roads in most states, which impacts resale value. Rebranding of the title is not permitted without having an inspection to verify that they meet all safety standards.

The Kelley Blue Book automatically rates any salvage vehicle as “poor” and does not value it at all. The value of a vehicle with a salvage title is generally 25-35% of the value of the same vehicle with a “clean” title. If the vehicle is rebuilt to a road worthy condition and has passed State inspection, the value is generally 60-70% of the value of the same vehicle with a “clean” title. These cars have “rebuild” or “rebuild salvage” annotation in the title and can be registered and operated just like a new car.

Vehicles with salvage titles are frequently listed in auctions because they can be bought at very low prices. But with a little work to be roadworthy, these cars become worth a lot more, giving the owners a great car at a low price or something to sell at a good profit.

Who is NMVTIS?

ClearVin draws data directly from the National Motor Vehicle Title Information System (NMVTIS) to help provide you the very best information possible on a vehicle history report. NMVTIS is an extension of the U.S. Department of Justice which was created with the goal to protect consumers from vehicle fraud.

Specifically, NMVTIS seeks to achieve four main goals:

Continue reading “Who is NMVTIS?”