VinAudit Introduces Vehicle History Reports with Real-Time Data for a Fraction of the Price of a CARFAX® Report & AutoCheck

The National Motor Vehicle Title Information System (NMVTIS) is administered by the U.S. Justice Department and, under federal law, all insurance companies, salvage and junkyards, salvage auctions and towing companies are required to report to NMVTIS. The System is intended to ensure key vehicle history information is available accessible, and affordable to consumers. NMVTIS provides a unique service in terms of the source of its data and timeliness in which its data is received.

Unlike information available from private vehicle history databases, NMVTIS data is based on federal legal requirements and therefore reduces risk to a searching agency because of its completeness and accuracy.

California AB 1215, starting on July 1, 2012, California new and used car and truck dealers will have to check a National Motor Vehicle Title Information System (NMVTIS) report before selling any used vehicle. NMVTIS vehicle history check information contains the most up-to-date DMV title information from participating states, along with the industry’s most complete salvage auction, junkyard and insurance company sourced total loss information.  Carfax and Autocheck do NOT qualify as of today, but have asked to have the Bill amended to be included.

Currently all 50 states are involved with NMVTIS at various levels of participation, representing nearly 90 percent of vehicles on the road. (Map) Some states participate fully with NMVTIS (provide data to the system as well as make title inquiries before issuing new titles.) Other states provide data only or are developing the capacity to participate fully with NMVTIS. The following state are still in development, but are expected to be in accordance in the near future: CO, DC, HI, IL, KS, ME, MI, MS, NM, OR, RI, VT. 

What is included in an NMVTIS Vehicle History Report

NMVTIS reports provide data on the five key indicators, intended to prevent auto fraud and theft:

Current Titling State & Last Title Date
Verifies the validity of the title presented for the vehicle.

"Brand" History
Brand information, applied by state motor vehicle titling agencies, including "junk," "salvage," and "flood." helps protect consumers and dealers from unknowlingly purchasing a damaged vehicle. Without knowing the brand history, a consumer or dealer may pay more than the vehicle's true value or even purchase a vehicle that is not safe to drive.

Odometer Reading
Odometer fraud may result in paying more than the vehicle's fair market value or at worst, the purchase of an unsafe vehicle. Checking the odometer reading also helps consumers and dealers identify discrepancies in the vehicle's history.

Total Loss History
Knowing whether a vehicle has been declared a total loss helps consumers avoid purchasing a potentially unsafe vehicle.

Salvage History
Similar to a vehicle with a total loss history, a vehicle with a salvage history has had severe damage. Salvage history helps consumers avoid purchasing a potentially unsafe vehicle.

The NMVTIS website: http://www.vehiclehistory.gov

Who's best? Carfax, Autocheck or NMVTIS?

Carfax costs about $35 (Retail) and has done a great job of selling itself as the "gold standard" on vehicle title reports, but we don't think it is enough if you want to know the most you can know about a used car before you take a chance on it. Carfax only uses some sources and not all that are out there.

AutoCheck, which costs about $30 is another company that does the same thing and they reportedly use some of the same and some different sources of data.

Another little known but highly accurate one is NMVTIS which is actually a web site resource that was set up with federal government assistance and guidelines because of the problems with data holes in Carfax and AutoCheck - and it is the cheapest of the bunch.

Prices for NMVTIS reports (Prepaid)

 $3.00/report for 100
 $2.50/report for 500
 $2.00/report for 1,000
 $1.75/report for 5,000
 No setup fee or monthly fee

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