The used cars market is experiencing hard times. Customers are stressed out because of interest rates, and companies are stuck with an antique business model. There’s a long path to travel, and there are millions of cars waiting to be sold. The dealer who can make the best approach will break the matrix.
History is one of the difficulties dealers face when they try to determine a used-cars price. Nowadays, owners possess many advantages to negotiate, and digital mechanisms to analyze operations. A lot of companies are struggling to get revenues in a complex environment, you can’t allow them to beat you. There are some methods to prove or trace all of the car’s history, but first, something you need to know:
The DNA of an used car
The Vehicle Identification Number (VIN) contains information about every vehicle. It works just as a DNA sequence helps to determine a person’s identity. The VIN is a 17-character code, and it bears letters, numbers, with no spaces, as well as no double-Ls, Qs, or Os. This code is useful for law enforcement organizations, to check and identify stolen vehicles, and many businesses and buildings have gatekeepers who use it on their systems.
Although it would seem that a vehicle’s license plate would be sufficient to identify it, even motorcycles and All-Terrain Vehicles (ATVs) have this code printed on them. Since the previous century, it has been present on both their parts and significant documents. VINs are especially necessary because states have their own unique colors, emblem, and format for registration numbers for license plates.
The code should be in the windshield, the driver’s door jamb, or the engine, but if there is something to conceal, you might not be able to easily locate it.
How to be assertive in any negotiation
When attempting to determine a used car’s market value, there is a tool that can help you and your company stay one step ahead of every dealer. Zyla Labs created a program that offers more details about every car sold in the US. You will only need the vehicle’s license plate as input information. It will then provide you with information such as the model, producer, year, and more.
Get VIN from License Plate API, the program, is an application programming interface (API). If you’ve never heard of APIs before, they are systems designed to address a variety of issues for businesses. These tools are familiar to developers, but they are also incredibly simple to learn, quick, effective, and completely dependable. The user of the API can make a research through all 50 US states’ license plates.
As expressed before, since 1981 every car has had a Vehicle Identification Number, so this API will retrieve every new car from that year on: cars, vans, motorcycles, trucks, etc. The process is very simple, and you will have provider support after registering in the Zyla Labs hub, where they will grant you a unique API key that grants access to the endpoint.