CARFAX Canada, and the Used Car Dealers Association (UCDA) expanded their collaboration to help dealerships protect themselves and their customers against VIN fraud.
Integrating CARFAX Canada VIN Fraud Check directly into the UCDA’s dealer member portal is a step forward in avoiding VIN fraud when transacting used vehicles. Unknowingly buying or selling a re-vinned vehicle can have significant financial, legal and reputational risks for Canadian dealers and their customers. Pairing a CARFAX Canada Vehicle History Report with VIN Fraud Check is one of the best ways to avoid buying or selling a fraudulent vehicle.
“VIN fraud remains a serious concern in the automotive industry,” said Shawn Vording, president of CARFAX Canada. “Since launching VIN Fraud Check over a year ago, the tool has helped dealers, consumers, and law enforcement agencies detect re-vinning activity. Extending access to UCDA members adds another layer of protection for consumers in the vehicle marketplace and gives more dealers greater confidence in the vehicles they bring onto their lots.”
VIN fraud remains a persistent risk across Canada, impacting consumers, insurance companies and the automotive industry.
“Dealers are increasingly in need of data tools to protect them, and their consumers, from fraud and theft,” said James Hamilton, Executive Director at UCDA. “The UCDA’s collaboration with CARFAX Canada helps deliver more options for dealers to do their due diligence. This protects dealers so they can buy and sell with confidence.”
