What is a VehicleFacts Report?
A VehicleFacts Report gives the average retail value for a make, model, derivative and year combination of a vehicle. A range of values will be supplied based on the vehicle mileage.
Why should I get a VehicleFacts Report?
A VehicleFacts Report gives you the market value of your vehicle providing you with sufficient information to ensure you get a good deal when selling your vehicle.
How do you calculate the market value for my vehicle?
We use market information obtained from various sources, including our partners, which is not older than six months and relates to the market values at which vehicles are traded.
How accurate is the information on the VehicleFacts Report?
The accuracy is dependent on the make and model of the vehicle combined with the frequency at which it is traded. The information is then filtered through algorithms to remove inconsistencies.
I have submit a VehicleFacts Report, but I have not received it yet, what do I do?
Please contact us via email on email@example.com.
Will there be a situation where I will not be able to get a VehicleFacts Report?
Yes, it is possible. This will be in situations where we have no trade information for this particular make and model.
What is the cost of a VehicleFacts Report?
The report is free.
What is a Microdot?
Microdots are polyester particles 1mm or 0.5mm in diameter and are literally the size of a pin head. They contain a unique PIN number which provides your vehicle with its own unique “DNA”. It is virtually impossible to remove all the microdots that are applied to the vehicle.
Why are vehicles fitted with Microdots?
In terms of the National Road Traffic Act 93 of 1996, all vehicles manufactured or imported since September 2012 must be fitted with at least 10 000 microdots. Vehicles requiring police clearance are also required to be microdotted since September 2012 as per the above legislation.
What is the significance of the Second-Hand Goods Act in relation to microdots?
The Second-Hand Goods Act requires the recording of microdot information on a Second-Hand Goods register by a dealer when trading in used vehicles to ensure that the vehicle being traded is the true vehicle and not a cloned and/or stolen vehicle. This is to protect the dealer from trading in cloned and stolen vehicles.
The Second-Hand Goods Act states that: A motor vehicle dealer “dealing in second-hand motor vehicles must also record in the prescribed register the particulars regarding every acquisition or disposal of a motor vehicle” The particulars are to “include any distinguishing mark or feature, such as microdot particulars.”
How do I confirm the microdot status on my vehicle?
Contact us on 044-874-0836.