Used car database will appear in Russia

Russian Automotive Market Research

In 2016 a national database of used cars will appear in Russia. In July the pilot project will involve 10-15 dealers and in August the commercial operation of a base as a joint product of the group of companies «Caroperator» and the Association «Russian automobile dealers» (ROAD) will be launched. By the end of the year the number of dealerships in the base may reach five hundred.

Car dealers, banks, leasing companies, Russian Association of Motor Insurers, specialized information portals, automakers and consumers are interested in creation of such a base. Turning to the resource, it will be possible to receive information on the car history and assure of its clean title. Information on mileage, repairs, maintenance and owners may help to make the calculation of the car residual value. Dealers believe that this base is the way to establish a civilized market; it will reduce fraud cases in case of resale of used cars and improve the predictability and transparency of transactions.