News in 2015

Time is money when it comes to the scrap metal business – where volume and speed directly impact the bottom line. Having a single source of information to evaluate and verify vehicles, and to comply with federal reporting guidelines can be the edge a business needs to stays efficient, profitable and protected. Auto Data Direct, Inc. (ADD) is the best resource in the business, with an all-in-one compliance tool for recyclers that provides a title check, national theft search and salvage vehicle reporting to comply with federal regulations.

To help recyclers make point-of-purchase decisions, ADD offers an instant title and theft check that will help buyers and scale operators verify that a vehicle hasn’t been reported as stolen, and that the title presented is the current document for a vehicle. The theft check tool can be especially useful for older vehicles that may be exempt from title and purchase requirements due to age or value. Recyclers nationwide are using this verification tool in real time, as vehicles come across their scales, to verify theft status and give business owners and comptrollers peace of mind, knowing that their locations aren’t buying stolen vehicles.

Using only a VIN, ADD’s report can also help recyclers verify that suppliers are compliant with the national reporting requirements. Under the federal National Motor Vehicle Title Information System (NMVTIS) regulations, businesses that buy and sell salvage and total loss vehicles must report the vehicles to the Department of Justice system. ADD’s title and theft check reports includes the federal database’s record of the businesses that have made previous reports, allowing a buyer to verify that a vendor has reported a vehicle to NMVTIS in compliance with the federal guidelines.

Best of all, the title and theft check report includes the free upload of the vehicle information to the NMVTIS database, if necessary. The same federal guidelines that require reporting by insurers, auctions and parts recyclers also require crushers, shredders and secondary metals recyclers to report the vehicles they purchase to NMVTIS, unless they can show that the vehicle has been previously reported with an end-of-life disposition such as “crush” or “scrap.”

As a business tool, ADD’s title and theft check is a cost-effective option compared to other, more expensive vehicle history reports that may contain lots of information not be relevant to a recycler. Starting at only $1.50, Full Service customers can determine the last state of title, the date of title issuance, if the vehicle has an active theft report, and whether the vehicle has been properly reported to NMVTIS. Finally, if necessary, a recycling businesses can submit their own NMVTIS report at no cost, within 90 days of pulling the title and theft check.

As a secondary check, ADD can also provide the real-time state motor vehicle record (containing owner names and lienholder information) in more than 30 states. For states where title pawns, buy-here-pay-here dealers and other title-lending practices are allowed, ADD offers direct, real-time access to state data, allowing qualified businesses to retrieve the official, current state information on a vehicle. State searches can be especially useful for checking for duplicate titles, and lien information, avoiding the headache of unknowingly disposing of a lender’s collateral without satisfying a lien not disclosed by a seller.

Efficiency is important, and ADD’s all-in-one title and theft check with free NMVTIS reporting not only helps recyclers make a smart purchase decision, but helps make federal compliance quick and easy. Recyclers can learn more at add123.com , or call 855-300-3455 to see what ADD can do to help save businesses time and money.