AutoCheck Score is being rolled out to dealers in America in the spring. It consolidates information from Experian’s AutoCheck vehicle history reports into one score, rating the car from one to 100.
Dealers enter the Vehicle Identification Number for the used vehicle and receive an immediate ranking. The higher the AutoCheck Score, the more favourable the vehicle’s history.
The quality of a vehicle’s history can be rated compared to all other used vehicles (after 1981) and AutoCheck Score also gives a comparison to vehicles of similar model year and class.
Appraisal, retail and wholesale thresholds can be set and monitored.
Scott Waldron, Experian Automotive president, says: “Having a vehicle’s history summarized into a single score means everyone better understands the history of a car and how it matches to other similar vehicles.”
The system should come to the UK later this year.