Parry Singh, Founder, CarDr.com
Features Palm-Sized On-board Diagnostics (OBD) Scanner That Delivers Immediate OEM Level Diagnostics and Real-Time Vehicle Valuation Market Data.
FREMONT, CA: CarDr.com, an automotive technology company, launches its Vehicle Appraisal Application for smartphones. The new automotive technology transmits accuracy appraisal data from the original equipment manufacturer (OEM) to a smartphone and pocket-sized Bluetooth On-board diagnostics (OBD) scanner. The new proprietary app generates vehicle inspection reports, reliability ratings, and fair market values in a matter of minutes and is available on a subscription basis.
The patent-pending app was created for car dealers, appraisers, wholesalers, and inspectors to:
Detect VIN fraud with 100 percent accuracy and OBD trouble codes with 90+% accuracy
Deliver more than the OBD standard generic level code report so the fair value of a used vehicle can be estimated immediately
Reveal hidden OBD faults from the chassis and body modules that can lead to significant sales margin erosion in used car purchases
These hidden codes can often cost more than $2,000 to correct
Create dynamic reports for each vehicle appraised, take photos, add appraisal notes and view previous appraisals
Integrate with real-time vehicle industry information sources, including:
Manheim MMR
Kelley Blue Book
J.D. Power
Black Book
Carfax
AutoCheck
“CarDr.com s Vehicle Appraisal Application is the ultimate tool for dealers to buy right and sell better by eliminating costly mistakes of hidden proprietary OBD codes—reducing appraisal time to minutes. CarDr.coms state-of-the-art appraisal smartphone system allows dealers to understand the vehicles true condition and history by using real-time industry-leading data sources and patent-pending diagnostics that can reduce the dealerships appraisal time from hours to minutes.” says Parry Singh, Chairman and Founder of CarDr.com.