We’re pleased to announce the launch of our own stringent vehicle grading system, to give our buyers a clear and definable indication of a vehicle’s condition.
The system is designed to boost transparency of vehicle condition and to help provide even more comprehensive vehicle information for our buyers.
The new process involves a rigorous 50-point inspection by Copart’s AQP qualified engineers. They then apply a grade that reflects the condition of the external bodywork of the vehicle, ranging from Grade 1 for minor ‘wear and tear’ repairs, to Grade 5 where more substantial structural repairs are required.
Michael Stewart, Automotive Sales Director, said:
“This simple and transparent grading gives our buyers a clear, definable indication of the condition of the vehicle, so that they can buy with trust and confidence and we can achieve higher sales returns for our sellers.
It also enables us to show the condition of these vehicles in-line with the wider used vehicle industry.”
The new grading will only be applied to vehicles that are classified as “run and drive” – i.e. those where Copart has verified that the vehicle started, could be put into gear and was capable of moving forward under its own power – as well as having no previous damage category.
The new grading system is based on the same principals and rating structure as the other leading industry standards for physical motor auctions but is tailored to fit our 100% online auctions.
It is designed to strengthen and complement our existing range of end-to-end engineering services, which includes physical on-site vehicle assessment, reports by ATA/VDA-qualified engineer using industry-recognised accident damaged estimating systems, valuation guides and the latest manufacture repair technology.
Mark Godfrey, Strategy and Automotive Division Director, said:
“The introduction of Vehicle Grading is part of our overall strategy to continually improve the information we provide on vehicles.
This is just one of a comprehensive suite of changes that we are implementing to give our buyers complete transparency and provenance on the purchases they make in our online auctions.”
Discover more about our range of value added services, specifically designed help speed up the remarketing process and support our customers.