 | This article needs additional citations for verification .(October 2016) |
 | |
| Industry | Information Technology Services |
|---|---|
| Founded | 2000 |
| Headquarters | , Canada |
| Products | Vehicle history reports |
| Website | www.carfax.ca |
CarProof is a Canadian provider of vehicle history and valuation reports used by consumers and businesses when buying and selling pre-owned vehicles.
CarProof was created in 2000 and is based in London, Ontario. Paul Antony, the company's co-founder, recognized through his experience running a car dealership that no service existed for a cross-Canada lien search on used cars. He, along with a team of founders, created CarProof to provide Canadians who are buying or selling used cars with accurate details about a vehicle's history as well as lien information. [1] CarProof has since added vehicle valuation solutions to its product line. [2] The company's president is Mark Rousseau. In December 2015, CarProof was purchased by IHS Inc for 650 million. [3] On November 1, 2018, CarProof officially became CARFAX Canada. [4]
CarProof offers two different vehicle history reports, which are available in French and English: CarProof Verified and CarProof Claims.
CarProof Verified is the most comprehensive report available in Canada. It includes: accident data, unfixed safety recalls, import and export data, registration and branding information, full U.S. history and lien information. [5]
CarProof Claims is a good choice for consumers that already know the vehicle's lien information. This report does not include lien information but does include: accident data, unfixed safety recalls, import and export data, registration and branding info and full U.S. history. [5]
PROOF Packs provide consumers the option to look into multiple vehicles with a single purchase. Consumers can run Claims reports on three vehicles, and when they decide they're serious about one of them, they can run a lien check to make sure it's a good buy.
CarProof's Vehicle Valuation Report provides Canadian dealers with valuation information that is based on what comparable vehicles sold for, as opposed to their listing prices which is how most valuation products are structured.
In addition to being used by consumers, CarProof is also a resource for Canadian car dealers, major car manufacturers, lenders and insurers, provincial governments, auto auctions, law enforcement agencies and the Canadian Automobile Association. [6]
| Year | Award |
|---|---|
| 2009 | Deloitte's Technology Fast 50 [7] |
| 2010 | Deloitte's Technology Fast 50 [8] |
| 2011 | Deloitte's Technology Fast 50[6] [9] |
| Deloitte's Technology Fast 500 [9] | |
| 2012 | Canada's 50 Best Managed Companies [10] |
| London, Ontario's Large Business of the Year [11] | |
| Deloitte's Technology Fast 50 [12] | |
| Deloitte's Technology Fast 500 [13] | |
| 2013 | Canada's 50 Best Managed Companies [14] |
| Deloitte's Technology Fast 50 [15] | |
| Deloitte's Technology Fast 500 [16] | |
| 2014 | Canada's 50 Best Managed Companies [17] |
Motor vehicle theft is the criminal act of stealing or attempting to steal a motor vehicle. Nationwide in the United States in 2020, there were 810,400 vehicles reported stolen, up from 724,872 in 2019. Property losses due to motor vehicle theft in 2020 were estimated at $7.4 billion. There were 505,100 car thefts in the EU in 2019, a 43% decrease from 2008.
A classic car is an older car, typically 25 years or older, though definitions vary. The common theme is of an older car of historical interest to be collectible and tend to be restored rather than scrapped. Classic cars are a subset of a broader category of "collector cars". A subset of what is considered classic cars are known as antique cars or vintage cars.
Bait-and-switch is a form of fraud used in retail sales but also employed in other contexts. First, customers are "baited" by merchants' advertising products or services at a low price, but when customers visit the store, they discover that the advertised goods are not available, or the customers are pressured by salespeople to consider similar, but higher-priced items ("switching").
In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers.
A green vehicle, clean vehicle, eco-friendly vehicle or environmentally friendly vehicle is a road motor vehicle that produces less harmful impacts to the environment than comparable conventional internal combustion engine vehicles running on gasoline or diesel, or one that uses certain alternative fuels. Presently, in some countries the term is used for any vehicle complying or surpassing the more stringent European emission standards, or California's zero-emissions vehicle standards, or the low-carbon fuel standards enacted in several countries.
CARFAX, Inc. is an American company that provides vehicle data to individuals and businesses. Its best-known product is the CARFAX Vehicle History Report. Other products include vehicle listings, car valuation, and buying and maintenance advice.
The Canadian Automobile Association is a federation of eight regional not-for-profit automobile associations in Canada, founded in 1913. The constituent associations are responsible for providing roadside assistance, auto touring and leisure travel services, insurance services, and member discount programs within their service territories. The CAA National Office in Ottawa coordinates relations between the clubs, oversees joint initiatives, and lobbies the federal government. In 2020 and 2021, the Gustavson Brand Trust Index named CAA the most trusted brand in Canada.
Kelley Blue Book is an Irvine, California-based vehicle valuation and automotive research company that is recognized by both consumers and the automotive industry. The company is owned by the Cox Automotive subsidiary of Cox Enterprises.
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services.
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers, rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales. Some car retailers offer "no-haggle prices," "certified" used cars, and extended service plans or warranties.
A modal share is the percentage of travelers using a particular type of transportation or number of trips using said type. In freight transportation, this may be measured in mass.
A title loan is a type of secured loan where borrowers can use their vehicle title as collateral. Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. When the loan is repaid, the lien is removed and the car title is returned to its owner. If the borrower defaults on their payments then the lender is liable to repossess the vehicle and sell it to repay the borrowers’ outstanding debt.
Manheim, Inc. is an automobile auction company and the world's largest wholesale auto auction, based on trade volume with 145 auctions located in North America, Europe, Asia and Australia. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling vehicles via a bidding process using traditional and online formats. Manheim also provides other vital dealership and wholesale services, such as financing, title work, transportation, recovery, auto body repair, dealership management systems, dent repair and automotive reconditioning, and automotive re-marketing at each location.
R. L. Polk & Company was a provider of business and marketing information to the automotive industry, insurance companies, and related businesses. It was based in Southfield, Michigan with operations in several other countries, including Canada, Germany, the United Kingdom, France, Japan, China and Australia. Its business-to-business marketing services included PolkInsight, the National Vehicle Population Profile (NVPP), Blackburn / Polk Marketing Services Inc. (BPMSI), Polk Dealer Marketing Manager, The Ultimate Perspective (T.U.P), Polk Canada Net, Polk Vehicle Lifecycle System, Polk CrossSell Reports, and Polk Total Market Predictor. From 1999 it was the owner of the vehicle data service Carfax.
The Motor Vehicle Owners' Right to Repair Act, sometimes also referred to as Right to Repair, is a name for several related proposed bills in the United States Congress and several state legislatures which would require automobile manufacturers to provide the same information to independent repair shops as they do for dealer shops.
The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient vehicle when trading in a less fuel-efficient vehicle. The program was promoted as a post-recession stimulus program to boost auto sales while putting more fuel-efficient vehicles on the roadways.
Electronic lien and title, also known as ELT, is a program offered by various US States allowing for the electronic exchange of lien and title information with lienholders in lieu of a paper certificate of title.
On September 26, 2011, California Governor Jerry Brown signed California Law AB 1215 into law. Authored by Bob Blumenfield, the legislation accomplished three goals: (1) increasing the fees that California car and truck dealers can charge for licensing, (2) requiring dealers to use Electronic Titling and (3) governing how automobile dealers disclose previously damaged used cars. The law went into effect on July 1, 2012.
Hyundai Motor America is a wholly owned subsidiary of Hyundai Motor Company. Along with Hyundai's USA manufacturing plant in Montgomery, Alabama called Hyundai Motor Manufacturing Alabama, Hyundai has total of 19 manufacturing plants globally.
The right to repair refers to proposed government legislation to forbid manufacturers to impose barriers that deny consumers the ability to repair and modify their own consumer products. Such barriers require consumers to use only the manufacturer's offered services by restricting access to tools and components, and include software barriers that hinder independent repair or modification. Right to repair may also refer to the movement of citizens putting pressure on their governments to create enabling laws.
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