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ONLINE marketplace Gumtree can now supply a comprehensive history report on vehicles advertised on its listings platform after an agreement with CarRecord, a subsidiary of Queensland-based automotive business Dealer Trade Holdings.

The agreement allows vehicle sellers on eBay-owned Gumtree the option of adding to their listings a complete car history including values, written-off vehicle register and Personal Property Securities Register (PPSR) or encumbrance status.

It is being offered at $19, a significant discount to a similar service from Veda-owned carhistory.com.au ($36.95) and RedBook-powered carfacts.com.au ($29).

Dealer Trade Holdings chairman Ken Freer said the partnership with Gumtree “will ultimately allow the consumer to be better informed about the car’s history”.

“We’re delighted to offer this better-value offering to the automotive market through such a large platform as Gumtree and backed by the e-commerce clout of eBay,” he said.

Sellers have the option of including a CarRecord report when creating their vehicle listing on Gumtree.

CarRecord will email them a copy of the report and the CarRecord logo will appear on the listing. Potential buyers can click on and view the CarRecord report that includes the car’s history, VIN number, odometer reading and vehicle valuation.

Mr Freer said the feature was currently available for sellers on desktop, and work is underway to roll out the product for buyers as well.

Dealer Trade Holdings is an unlisted public company headquartered in Brisbane that provides an online automotive auction platform for dealers and their suppliers using a mobile app and desktop portal.

It allows national access to auction vehicles to selected or mass audiences and its growth has supported plans for a possible Australian Securities Exchange listing later this year.

Dealer Trade Holdings is also expanding its vehicle listings to offer a range of historical reports on jet skis, boats, motorbikes, trucks, trailers and motorhomes.

Dealer Trade’s Gumtree association follows an agreement in February 2017 to supply vehicle history reports in the US vehicle market through its CarRecord.com subsidiary that combines the reports with vehicle values from JD Power Valuation services.

Last year the company, which is completing a product expansion in the UK, also signed an agreement with Mitsubishi Motors Australia Ltd to auction factory-owned vehicles on the Dealer Trade platform.

By Neil Dowling

Manheim
Macquarie