ClearVin Vehicle Rating is a tool that enables you to understand a used vehicle’s history, fast and easy. Based on evaluating vehicle data by pre-defined criteria, our rating system delivers a concise and accurate overview of the vehicle’s past to appraise its current condition and value.
The reliability of your future car depends on a lot of things, but we defined the most crucial factors that affect a vehicle’s condition to save you time and help you make the most informed buying decision:
Title Brand
A vehicle’s title brand, a permanent designation on a vehicle’s title, indicates that the vehicle has been written off due to some serious damage such as collision, fire, or flood damage, or has been sold for scrap. Title brand records such as Salvage, Junk, Rebuilt and many others are crucial in the vehicle’s valuation.
Vehicle’s age
The older is a vehicle the more trouble it may cause to its new owner. Typically, even if a vehicle does not have any severe damage, it eventually needs some servicing or even repairs.
Last odometer reading
The odometer reading is a key indicator of the condition and value of a vehicle. The more miles a vehicle has according to either the NMVTIS or Auction records, the lower its rate, and, respectively, our score.
Liens
Our system alerts you if the vehicle has ever had a lien and is unsafe to purchase to protect from possible issues.
Past auctions
Our system checks whether the vehicle has been ever sold through salvage auctions.
Retail Value to MSRP Index
We correlate the vehicle’s retail value from NADA with its MSRP to ascertain the comparative advantage of the purchase.
Primary and secondary damage
We have data about primary damage of the vehicle obtained directly from auctions, that help us give a fair and quick assessment of its current condition. To provide you with a better assessment, along with primary damage, we take secondary damage into account as well.
Repair Cost Index
We correlate the vehicle’s repair costs to its current value to determine the percentage of additional expenses to the vehicle’s price.
Lost in Value
We relate the real-time retail value of a vehicle to its MSRP to assess how much the vehicle lost in value compared to a brand-new model.
Seller Info
We analyze data obtained directly from the seller to provide a clear picture of the vehicle’s current condition and valuation.
Basically, our system is meant to alert you in case a vehicle has any severe damages and provide the most up-to-date overview of a vehicle’s history and condition. Today, considering a couple of options when buying a used vehicle, there is no need to analyze and compare positive and negative results on each of them by yourself. Run the ClearVin vehicle history report to get a fair evaluation of your car just in one click. Our quick VIN lookup can provide information on a car’s accident history, service records, and more.
Consider also an option for those involved in business. A thorough car dealer report can give you peace of mind when buying a used car and help you avoid potential scams or fraudulent activity.
