carVertical Review

In a Nutshell

carVertical is the world’s first car history registry based on blockchain. The platform provides full-scale vehicle history reports, including title records, genuine mileage, accidents and damages, information whether the car has been stolen, even market price, and much more. Along with The National Motor Vehicle Title Information System (NMVTIS) data, this VIN decoder also gathers information from various global sources and even receives some of the data in real-time directly from cars. carVertical verifies all the data; the blockchain confirms its reliability. In other words, carVertical reports cannot be faked or changed in any other way. Introduced in the summer of 2018, carVertical is perhaps the most progressive VIN decoder combing advanced technologies and user-friendliness.

Pros

• Uses only up-to-date data
• Has special techniques to check data quality
• Blockchain-based tamper-proof reports
• A constantly growing list of both USA and global data sources
• Less pricey than top competitors

Cons

• Relatively new VIN decoder
• Not all car damages may be included in the report
• No instant alternative options for buying more than 3 reports

Database Model

carVertical claims to gather as much information as possible from different global sources, including NMVTIS, other national and private registries, police databases, insurance databases, leasing databases, car auctions, car dealers, etc. Some data is even collected in real-time directly from the vehicles. They get daily updates from registries and databases to ensure accuracy. According to the company, they have:

• 50,000,000+ database of damaged cars in North America and Europe
• 200,000,000+ odometer frauds registered
• $104,000,000+ daily cost of recorded damages

carVertical gives a sharp focus on data-quality. The team has even created the long-awaited universal car data standard for the whole industry. Moreover, they use artificial intelligence to evaluate the quality of the data. 

Most importantly, the blockchain prevents fraud by recording information across multiple databases.

Factors

A carVertical report is a convenient and reliable starting point for purchasing a used vehicle because it provides you with the information you can’t spot with your own eyes: if the car has been clocked, damaged, stolen and other details form the past. The platform collects data from NMVTIS and many other sources to generate tamper-proof car history reports.

Scoring

carVertical evaluates the checked car’s condition and gives its overall rating from 1 to 10. It consists of three main factors: damage data, mileage records, model faults. The carVertical score lets you quickly compare various vehicles you’re considering to buy.

Industrial Strength

carVertical is rapidly growing vehicle’s history reports provider, which has already established itself in more than ten European markets and entered the USA market in Spring 2019. In some countries, carVertical reports have already become a sign of credibility. Used car sellers often show carVertical reports for the buyers to prove they’re telling the real vehicle’s history.

Protection

carVertical.com has a separate “After the purchase” section in Help and Support. It explains what to do if you haven’t received the report, if you provided the wrong email address, etc. The platform lets you apply for a refund by sending an email to the company. They promise to get back to you within 2 working days.

Features

When you enter the vehicle’s VIN and buy a car history report, carVertical provides:

Basic vehicle facts. Learn everything, including production year, country, engine power, body, fuel or transmission type, etc.

Real mileage. Odometer readings from various dates help to check if the car hasn’t been clocked.

History of accidents and damages. carVertical provides information about possible damages that the car might have had. Report tells in which country damage was reported and shows estimated repair costs. Knowing such information gives more arguments in negotiating with trader or in making the decision to shift for another car.

Registration countries, technical inspection, transactions, etc. If any of car’s life event has been ever record, it’s a good chance the report will tell you about it.

If it has been stolen. The platform checks VIN in numerous databases of stolen vehicles.

Junk/ Salvage/ Insurance records and other NMVTIS data. As an official National Motor Vehicle Title Information System (NMVTIS) data provider, carVertical generates the whole available information about the vehicles registered in the USA. The NMVTIS data includes information:

• from participating state motor vehicle titling agencies;
• on automobiles, buses, trucks, motorcycles, recreational vehicles, motor homes, and tractors;
• on “brands” applied to vehicles provided by participating state motor vehicle titling agencies. Brand types and definitions vary by state, but may provide useful information about the condition or prior use of the vehicle;
• about most recent odometer reading in the state’s title record;
• from insurance companies and auto recyclers, including junk and salvage yards, that is required by law to be reported to the system, beginning March 31, 2009. This information will include if the vehicle was determined to be a “total loss” by an insurance carrier;
• from junk and salvage yards receiving a “cash for clunker” vehicle traded-in under the Consumer Assistance to Recycle and Save Act of 2009 (CARS) Program.

Archive photos. Sometimes only looking at the pictures can help you understand the real state of the car in the past.

Average market price. The report shows price range for the check model. It shows it the price dealer asks is attractive or too high.

Maintenance. carVertical gives a manufacturer’s prescribed servicing timetable from the very beginning to the upcoming visit to mechanic. Having this information, buyer can compare the actual records in the vehicle’s service book. Knowing upcoming maintenance details lets you evaluate possible future spendings and make a decision whether to buy the vehicle or not.

Equipment. The provided list represents the vehicle equipment options that have been installed in the factory. This is a very helpful list for the buyer, because now you’re able to check if anything is missing or has been changed.

VIN location. Apart from car documents, manufacturers often place the VIN number in 1-3 locations on its body. Buyers should always check if all VINs match. If they don’t or some of them have signs of forge, the car might have been stolen. Most common model faults. Learn about the most popular “diseases” of the model and prepare for them at least psychologically.

Pricing and Deals

Initial pre-check for every VIN is free. A single full-scale report costs $24.99. carVertical also offers discounts if you buy more. Consumers can pay in Credit Card, via Paypal or even cryptocurrencies. By the way, carVertical raise the transparency standards high and tells the consumers how the money paid for reports are utilized.

From every $10:

• $3.1 - go to data acquisition

• $3.2 - salaries & contractor
• $0.6 - hosting and maintenance 

• $0.41 - tools & day to day expenses 

• $1.25 - transaction fees and VAT

• $1.44 - profit


How do you compare carVertical?

Despite the fact that carVertical is among fresh players in the market, it definitely belongs to the top league. The platform provides vehicle history data from USA and many European countries, including all most important records (accidents, mileage, robberies, etc.).

What makes carVertical exceptional is the platform’s fresh attitude towards car data. It’s the world’s first blockchain-based car history report provider. Moreover, they really take car of data-quality.

In some cases, carVertical might find less data than some of their much older competitors, but their provided report could be more accurate and up-to-date.

On the other hand, the report price (24.99$) is more attractive than most of the major competitors. And for this sum of money consumers can get one of the most user-friendly reports in the industry.

Customer Support

carVertical support team works 24/7. The easiest way to contact them is live chat on their website.
Also, consumer can ask questions by email: support@carvertical.com.
They also response quickly on social networks. If you are a sort of DIY, there is also a ton of data about troubleshooting on the site.

Frequently Asked Questions

carVertical FAQ is structured in four main categories:

• Before the purchase
• While ordering
• After the purchase
• Account

As the company claims, carVertical is driven by the idea of data decentralization and giving power to consumers. They wish to enable every car buyer around the globe to get authentic, reliable information about specific vehicles to help them make informed decisions. carVertical gathers as much information as possible from different sources, verifies all the data, and uses blockchain to confirm its reliability. The company constantly updates its databases and uses artificial intelligence to generate insights and identify inconsistencies across databases. According to carVertical, tests show that final vehicle history reports are 99% accurate.