The company was launched in 1999 and has so far focused on the consumer sector. It has been in discussions with the finance industry for two years to gain access to data that will give it vehicle provenance reports similar to those offered by HPI and Experian.
“Our USP will be price and service. We’re offering dealers a better service for a lower price,” says David Niccolls, sales and marketing director for Carwatch UK.
“We will offer checks from 99p that will include a vehicle valuations and mileage check, plus we won’t be charging annual membership or subscription fees. We also operate on 24/7 availability.”
Carwatch is pitching the service to the larger dealer groups who will be offered unlimited access deals as part of a comprehensive risk management package for a monthly fee commitment.
“We will also be offering periods of free checking if dealers sign up for various term deals,” adds Niccolls.