VinInspect™ Vs. Carfax®
Does VinInspect™ Go Toe to Toe with the Vehicle Check Giant?
Carfax® may be the most well-known and well-established names in the business of vehicle checks, but does it still live up to its name after all these years? Or have the smaller, more nimble vehicle check companies like VinInspect™ taken the game to a whole new level? We look at the facts to give you the most accurate answer possible, so you can make the right choice when you get to the important step of checking your vehicle’s history.
How Does Carfax® Compare to VinInspect™ in Price?
Over the years, Carfax® has gradually increased the prices on their individual reports and subscriptions. Their prices are the highest in the industry, currently near $50 dollars for a single-vehicle check and higher for multiple car reports or a subscription. Carfax® does add some utility to its high price, but for many people, those add-ons aren’t worth the costs.
VinInspect™ as a newer face in the industry has taken a different approach to the business. They are able to offer vehicle checks for a fraction of what it costs Carfax®, and they do so without affecting the quality or the integrity of the report. This mostly comes down to how VinInspect™ sources its information, which is the topic of the next segment.
Which Sources Are the Most Effective?
Carfax® has maintained its title as the leading vehicle history report company due to its large database of sources that it uses, allowing it to gather up tens of millions of vehicle reports and providing the data that matters to car owners. But what is not as well-known is how companies like VinInspect™ have created similar databases that now allow them to capture a similar number of reports by using different sources than Carfax® to get the job done.
VinInspect™ takes a different approach by obtaining its vehicle history reports from an alternative source, the National Motor Vehicle Title Information System (NMVTIS). They also use an alternative source for lien data. By using NMVTIS, VinInspect™ gains access to one of the largest data sources for used vehicles. The NMVTIS collects data from salvage auctions, towing companies, junkyards, and insurance companies, and centralizes all of that information in a single place. This allows VinInspect™ to source that information easier than ever before. And because the government mandates that many different industry groups and types of businesses report vehicle information to NMVTIS, it is growing its database more and more each day.
How Else Does VinInspect™ Make the Case for Its Vehicle Reports?
Unlike Carfax®, VinInspect™ has a team that tailors each vehicle inspection report together using only the most relevant data. They also provide free auto auction data, a critical aspect of any car report, and in many cases, those auto auction reports come with a free photo as well.
So while Carfax® is still the big name in the vehicle check business, VinInspect™ certainly deserves more than just a passing glance, especially when it comes to the price and the services that it offers prospective car buyers.
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