Announcement from CarDr.com

Further Positions the New App As The Most Accurate and Comprehensive Vehicle Valuation Tool to Determine Accurate Pricing and OEM Level On-board Diagnostics

Manheim Market Report, Kelley Blue Book®, and AutoCheck are now integrated into CarDr.com’s new smartphone Vehicle Appraisal app, the first to combine pricing AND OEM level On-board diagnostics (OBD) via a Bluetooth connection. The integrations enable used car dealers to define the value of a vehicle accurately. In addition to these new partners, CarDr.com’s app includes data from CARFAX, J.D. Power, and Black Book, making it the most comprehensive Bluetooth-enabled tool to accurately price a used car. This is more important than ever given the lack of cars due to the current chip shortage.

CarDr.com Founder Parry Singh says, “These industry-leading tools further position CarDr.com as a leader in instant auto appraisals and OEM level vehicle OBD diagnostics.  The integrations provide used car dealers with the most comprehensive smartphone-based service that exceeds in quality and accuracy of larger and more expensive OBD scanners.”

• • • Manheim Market Report (MMR) By integrating CarDr.com Vehicle Appraisal App-based diagnostics and MMR, dealers can now gain a deeper understanding of the vehicle’s true condition and actual value.
    • AutoCheck gives dealers the information they need to understand essential aspects of a used vehicle’s history, and it features a unique vehicle history score, also known as the AutoCheck Score.
    • Kelley Blue Book® – Fair Market Range is what a consumer can reasonably expect to pay this week in their area for this year, make and model used vehicle with typical miles and options (or with the miles and options they specify).

Many apps provide pricing OR diagnostics, but CarDr.com is the first to offer BOTH via Bluetooth with their patent-pending technology. The technology was created for car dealers, appraisers, wholesalers, and inspectors to:

• • Detect VIN fraud with 100% accuracy and OBD trouble codes with 90+% accuracy
  • Deliver more than the OBD standard generic level code report so the fair value of a used vehicle can be estimated immediately at an auction or trade-in point
  • Reveal hidden OBD faults from the chassis and body modules (C and B codes) that can lead to significant sales margin erosion in used car purchases
    • These hidden codes can often cost more than $2,000 to correct
  • Features pocket-size OBD hardware
  • Create dynamic reports for each vehicle appraised, take photos, add appraisal notes, and view previous appraisals
    • A printable customer view report that can be used as a negotiation tool 

The vehicle appraisal report generated from the application has proven to be a valuable tool for automotive wholesalers to enable sales and track accountability within the dealership.

About CarDr.com, Inc.
CarDr.com is an automotive technology company that provides the auto industry’s leading software, hardware, and services for vehicle valuation and inspection. The product offerings include a Vehicle Appraisal system for Car Dealers. It also provides used Vehicle Inspection service for retail & corporate clients nationwide.  The company’s Vehicle Appraisal Application delivers original equipment manufacturer (OEM) level OBD diagnostic accuracy, delivered via a smartphone and pocket-sized Bluetooth On-board diagnostic (OBD) scanner. The Vehicle Appraisal app generates vehicle appraisal reports, reliability ratings, OBD diagnostics, and fair market valuations within minutes. Launched in 2020, Chicago-based CarDr.com is backed by Red Fort Capital, a $1.2 billion private equity firm and S&P investment-grade finance company Parry Singh founded in 2003.  To learn more, visit CarDr.com or call 1-800-932-1120.