Wednesday September 15
ADP Claims Services Group's Autosource Adds Source of Daily Updates to Vehicle Sales InformationADP Claims Services Group, a leading provider of information services for the insurance, collision repair, and automotive recycling industries, will add a new source of sold-vehicle information to Autosource, the world's largest database of "for sale" vehicles.
The daily updates of national used-car sold data will offer specificity by ZIP code for the greatest accuracy. The daily updates will be VIN-specific, option-specific, include mileage by ZIP code and add more than 500,000 sold vehicles to the database each month.
The just-sold information will be downloaded daily through a direct link from ADP's Dealer Services Division, and will be available in October. Already the world's largest database of "for sale" vehicle valuation information, with more than 110 million vehicle records entered annually, Autosource will include additional daily sold vehicle updates from participating ADP dealer management systems.
"ADP Claims Services Group continues its commitment to maintain the largest vehicle valuation database and to deliver repeatable methodology that insurers can trust to help them calculate consistent vehicle valuations that are fair and accurate," said Daphne Li, vice president of marketing for ADP.
The Autosource database is already updated daily with sold-vehicle market information gathered from private-party advertisements in more than 3,300 publications and web sites nationwide. ADP continues to collect electronic dealer inventory program information from more than 10,300 participating dealerships. The result is a database updated with more than 2 million vehicles per week. Autosource offers valuation, market search, and other information services through a variety of electronic and toll-free call-in/fax-in methods.
©2004 Collision Repair Industry INSIGHT