News in 2011

Scenario # 1

It’s the end of the month and you are ten units short of your goal, but today is a busy day with a lot of customers and a hungry sales force. A couple on your lot just moved from South Carolina, is very interested in one of your pre-owned vehicles, and would like to trade in their car. They don’t want to haggle- they are willing to pay your sticker price, and don’t have any further requests. The couple tells the sales person that they owe $4,000.00 on the trade-in to a credit union in South Carolina. With a verified payoff of $4,000.00 and an ACV of $4,500.00 the gross profit is looking pretty good, so you quickly go forward with the deal.

Problem

Your sales department never verified the lienholder data using Auto Data Direct’s real-time vehicle data service (DMV123). Instead, your dealership relied on the word of the owner, and you find out too late that there was more than one lien holder– and the liens add up to more than $7,000.00. As a result, you just lost $3,000.00 and you do not have a clear title on the vehicle. And that lovely couple from South Carolina that traded in that good- looking vehicle? They gave you a bad address and are nowhere to be found.

Scenario #2

It’s late in the day and a woman drives onto your lot in a great car. You look out the showroom window and see an opportunity with real sales potential. If you can buy that car, it’s only a matter of taking it to the detail department for a quick clean-up, and then back onto the lot. A front row spot, and you’re sure it will be sold by the weekend. The woman quickly agrees to the $10,000 offer, but there’s a hitch- she doesn’t have the title with her. Thinking on your feet, you tell her “Not a problem,” then have her sign a Power of Attorney and a fill out a lost title application. Paperwork signed, you purchase the car.

Problem

One week later, a man shows up and tells you that the car you bought from the woman the previous week wasn’t hers to sell. The man explains that he and his girlfriend had a fight, to get even with him, his girlfriend sold his car to your dealership and left town. As the result of your enthusiasm to make a good deal, you never logged on to Auto Data Direct’s website and did a real-time Vehicle Database Search (DMV123) to verify the owner information. You are now a victim of vehicle fraud.

The Solution

Both of these scenarios, and others like them, can be prevented by simply utilizing Auto Data Direct’s cost-effective DMV123 search.

DMV123 is real-time data, designed to give you the information you need, when you need it- at the time you’re making the transaction, not after the fact. DMV123 will save you time and money, and prevent major headaches down the road.

DMV123 currently offers vehicle records for 24 states:


*Blue states are available to qualified companies **Georgia and Utah are currently available only to towing companies.

To access vehicle records, simply log in, click the Search DMV123 tab. Most companies qualified under the Federal Driver Privacy Protection Act (DPPA) are eligible for access to DMV123. For more information visit www.add123.com and click Vehicle Database Search or contact ADD at 850-877-8804 or email us at [info@add123.com](mailto:info@add123.com?subject=DMV123 e-News article). Georgia and Utah are currently available only to towing companies._

Vehicle information available for most states includes:

• Owner name and address
• Lien holder name and address
• Vehicle data – i.e., VIN, tag, make, model, etc.
• Registration/Title Information

For more information, click Vehicle Database Search or Contact ADD at 850-877-8804

Protect yourself, your dealership and sales staff. Use DMV123 and stop vehicle fraud. If you think your dealership can’t be fooled, think again.