SIT has developed a range of services to help you ascertain and protect the value of used vehicles when they are returned at the end of their lease periods and before entering the used car market.
If a vehicle is returned with damage beyond that which can reasonably be expected (excessive ‘wear and tear’), the resale value will be affected detrimentally. Our used vehicle inspections give you an independent and undisputable calculation of each returned vehicle’s value, so you can claim the cost of repairs or the difference in market value from the lessee.
From registering damage to the car, to missing documents or spare keys, we follow the procedures and business rules that have been agreed with you beforehand.
Our clients include major automotive manufacturers, their affiliated financial services firms, fleet management companies, car rental companies, and major vehicle auction sites.
When you engage with SIT to carry out your used vehicle inspections you will instantly benefit from:
Third-party independent inspection performed by trained professionals
Standardized inspection criteria and procedures across all countries
Standardized electronic reporting in both local language and the common language of your choice
A tailor-made and flexible report to serve collection of claims and prompt remarketing
Standardized and undisputable cost calculation and determination of excess wear and tear across geographies
Reduced non-core and administrative expenses with better recovery
An open, transparent platform providing management online statistics, accessible by you and your customers
Electronic data exchange and optimal integration into your workflow and processes
Although our Used Vehicle Inspections can be tailored completely to your requirements, they typically involve three main stages.
Stage 1: the Inspection
Specially trained SIT inspectors register all technical information about the car including the make, model, series, fuel type, trim and accessories. They ascertain the presence of keys and documentation, the condition of the tires, etc. They then note and photograph any damage.
Stage 2: the Calculation
The data collected during the inspection is sent electronically to an SIT-proprietary application called VIMS (Vehicle Inspection Management System). Taking into consideration all the results of the inspection, VIMS provides a detailed cost analysis of every fault on the car.
Stage 3: the Reports
Two reports are typically issued:
The Condition report which is an independent report containing the entire car’s data as collected and registered during the inspection. Complete with the cost calculation of the damages.
The Appraisal report is a derivative of the Condition Report. All damages required to be listed by the client are displayed. This report is usually supplied to the car dealers and does not contain individual cost calculations only the overall cost is displayed (if required).
• URL to be sent by e-mail
• Online access on SGS server
• Electronic transfer to an Application Using XML or other data transfer methods as required.
Battery
Balance Compressiotest
Coolant recovery tank
Cooling fan operation
AC compressor
Heater valve operation
Fuel system operation
Engine & transmission leaks
Transfer case
Tyres
CV Joint/boots/drive-shaft/ universal joint
Brake pad thickness
Brake caliper leakage
Suspension
Bushing condition
Power steering rack leakage
Alternator
Cooling pressure & Co2 test
Coolant pressure
Power steering
A/C condenser
Engine valve noise
Valve stem condition
Engine/transmission mount condition
Brake master cylinder & booster
Wheels/rims
Differential
Brake rotor and surface
Hydraulic hose/line leakage & free movement
McPherson strut/shock absorber leakage
Ball joint and tie rod ends
Exhaust system
Comparison Chart