Black Book announced the integration of its vehicle valuation data with Autodata Solutions, powered by ChromeData. The two companies are the first to offer an automated As-Built Valuation Service for automotive industry professionals including lenders, dealers, insurance companies and auctions.
Black Book has partnered with Autodata Solutions to integrate an As-Built Valuation Service, a webservice harnessing ChromeData’s vehicle catalog data, OEM build data and any user-entered feature descriptions to describe used vehicles. Mapped to Black Book add/deducts, As-Built Valuation Service automatically returns a more thorough and precise vehicle value for any VIN compatible with the service.
“The integrated offering automates the process of VIN-specific decoding and adjustments on vehicle options, trims, and add/deducts,” said Jared Kalfus, executive vice president of revenue for Black Book. “The ability to automate this process saves significant time for the user, ensuring even greater accuracy during the valuation process.”
The service works either from a call with a single VIN or via batch processing for large volumes of vehicles. The VIN batch processing system is a fast and easy way to process all VINs with minimal effort. All that’s required is a single VIN. Users simply upload a list of VINs with equipment descriptions (when available), then download a single result file.