The increasing emergence of mobility services over the coming years will create demand for a new range of mobility services, according to the Vehicle Remarketing Association (VRA).
The VRA represents businesses that handle, sell, inspect, transport and manages 1.5m used cars and vans every year, and said it has been discussing the issue at recent meetings.
Go deeper with GlobalData
VRA chair Sam Watkins said: “This is something that has been on our radar for a while but was really brought to the fore by a presentation from Nick Reisinger at DEKRA at our most recent meeting. What we’re really looking at are the kind of new services that will be demanded from our sector by car subscription models, car clubs, and car and ride sharing.
“Really, the crux of these hinge on the need for inspections in a multi-user situation where the vehicle may never or rarely return to a base location. Condition and damage needs to be assessed on the fly, often at the roadside. Doing this means traditional vehicle inspection tools are not going to be appropriate but we need to create tools and processes that are accurate and auditable,” she added.
Some remarketing companies part of the VRA are already trialling app-based approaches as well as new types of handheld and drive-through scanner technology.
The VRA said there is an “appreciation” that the problem needs to be tackled and some considerable investment is taking place for more solutions.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataWatkins said: “This was just one of the emerging issues discussed at the meeting and illustrates how the VRA is an essential resource for remarketing professionals who want to find out how other members are tackling new problems and new opportunities.”
Other industry concerns discussed in the meeting was a potential “charging crisis” with electric vehicles making their way onto the used market in large numbers.
