Las Vegas, NV—Ravin AI, has launched Inspect Trade, an inspection app that helps car dealers generate consistent condition reports, as well as grade and price cars instantly. The solution is an extension of Ravin’s product offering, Ravin Inspect, which inspects rental and off-lease vehicles to create a full remarketing condition report, and is used by global clients such as Toyota and KAR Global.
The inspection process for used cars at dealerships today is still mostly a manual one, which is costly and time-consuming, keeping cars from being sold as quickly as they could be. Additionally, dealers often produce incorrect estimates of a vehicle’s value because of a lack of transparency in the damage assessment process, which ultimately leads to cars being sold at inaccurate prices.
Read the full article in Vision Systems Designs here.