Australia-Based CarRecord Integrates NADA Values from J.D. Power Valuation Services for Vehicle History Report Product Debut in U.S.
MCLEAN, Va., Feb. 20, 2017 /PRNewswire/ -- CarRecord, the Asia-Pacific region's foremost vehicle history report product, will soon be available for the U.S. market and provide customers with NADA Values from J.D. Power Valuation Services.
According to Wayne Myers, chairman of Dealer Trade Holdings (parent entity of CarRecord), "We look forward to offering our vehicle history reports to U.S. customers. Our exclusive integration of vehicle values from J.D. Power Valuation Services makes the process of compiling the total history and pricing of a vehicle much easier, saving customers time and money."
The team of analysts at J.D. Power Valuation Services, who provide NADA Values, use auction and retail sales transactions—and review asking prices and other relevant information—to accurately value vehicles.
Mike Stanton, vice president and general manager at J.D. Power Valuation Services said, "We are excited to work with Dealer Trade Group to integrate our accurate, dependable and trusted pricing in their CarRecord product. The integration helps make the selling and buying process more efficient for all involved."
For more information on the U.S.-based CarRecord vehicle history report product, visit www.usacarrecord.com.
About Dealer Trade Group and CarRecord
In 2016, Dealer Trade Holdings Limited, an Australian based company, set up CARRECORD.COM.AU Pty Ltd as a subsidiary ("CarRecord") to offer a suite of vehicle information products to the Australian consumer. CarRecord offers a complete car history product including values, written off vehicle register and PPSR or encumbrance status at up to almost half the cost compared to its two major competitors in the Australian market, and has the only suite of products in Australia that features reports on the entire collection of boats, jet skis, motorbikes, trucks, trailers, campervans and motorhomes.
Following on from the success in Australia, CarRecord hopes to emulate this model in the U.S. by introducing a market leading product to U.S. consumers at a lower cost. CarRecord has plans to also release products into the U.K. and New Zealand this year.
CarRecord looks forward to working with J.D. Power Valuation Services in the U.S. market and having the most trusted valuation tool for motor vehicles available at prices American consumers can afford.
About J.D. Power Valuation Services
Since 1933, J.D. Power Valuation Services (formerly known as NADA Used Car Guide®) has earned its reputation as the leading provider of vehicle valuation products, services and information to businesses throughout the United States. Its editorial team collects and analyzes over 1 million combined automotive and truck wholesale and retail transactions per month. NADA Used Car Guide® and its logo are registered trademarks of the National Automobile Dealers Association, used under license by J.D. Power.
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SOURCE J.D. Power