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 /CNW/ - 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.

About CARPROOF
CARPROOF, a unit of IHS Markit (Nasdaq: INFO), is Canada's definitive source of automotive information, delivering vehicle history, appraisal and valuation. Drawing on millions of data records from thousands of unique sources, its products enable used vehicle buyers and sellers to make informed decisions. CARPROOF is trusted to provide impartial and comprehensive information to dealerships, vehicle manufacturers, consumers, major auctions, governments, insurance providers and police agencies. Dedicated to transparency since its founding in 2000, the company has been named one of Canada's 50 Best Managed Companies, and was also honoured with Deloitte's 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.

SOURCE CARPROOF

For further information: about this partnership or to speak with a company representative, please contact: Brittney McKee, PR & Content Manager, CARPROOF, 226.268.2997, bmckee@carproof.com


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