PHOENIX – Chase Auto Finance will assist Manheim Inspections in introducing InSight ECR to help auto dealers make better decisions about buying used cars for resale. With help from Manheim, Chase becomes the first commercial auto remarketer to offer Manheim Insight ECR — full-disclosure electronic reports — at both Manheim inlane locations and on www.OVE.com. The electronic condition report, called InSight ECR, uses Manheim’s standardized criteria to provide comprehensive and consistent used-car inspection details to buying dealers nationwide.
InSight reports include:
InSight ECR relies on AutoGrade, a point-based system that promotes consistent, accurate grading of a vehicle’s condition. AutoGrade uses Manheim’s and the National Auto Auction Association’s grading scale to eliminate subjectivity and errors.
“Auto dealers who use InSight and its AutoGrade feature should feel more confident about what they’re getting at auction,” said Lynn Wolver, who manages vehicle remarketing nationally for Chase. “The information will help them calculate more accurately what they can expect to spend before reselling the vehicle. We’re pleased to work with Manheim to offer dealers this valuable tool for evaluating vehicles remarketed by Chase.”
Manheim expects to expand the tool to other vehicle remarketers in the coming months. Dealers can see InSight ECR online at www.manheim.com.