Reducing the risk when buying a used car

27 February 2013, Melbourne, Australia – RACV members in the market for a used car can increase their peace-of-mind when making the important purchase decision by obtaining a comprehensive vehicle information report from CarHistory, Australia’s leading source of pre-owned vehicle history.

The new arrangement will provide RACV members with exclusive access to special offers for CarHistory vehicle reports through RACV’s Show Your Card & Save program.

A CarHistory report aims to reduce fraud and improve transparency in the sale and purchase of second hand cars, allowing used car buyers to find out prior to purchase if a car has been written off, stolen, damaged or has money owing on it.

More than 13.5 per cent of CarHistory reports show that a vehicle has either had its odometer rolled back, is a repairable write-off, or is stolen.

CarHistory is part of the Veda Group, and its CEO Nerida Caesar said “RACV members who are in the market to buy a used car may avoid making a costly mistake by obtaining a CarHistory report prior to purchase.”

A CarHistory report will give RACV members access to information to help them make the most informed used car purchase decision possible.
Duncan Elliott, RACV General Manager Membership, said “we are pleased to have CarHistory as a Show Your Card & Save program partner. When purchasing a used vehicle, these reports will give members the insight they need to make an informed decision.”

By partnering with RACV in its highly successful Show Your Card & Save program, CarHistory has the opportunity to reach more than 2 million RACV members across Victoria.

RACV members can access the discounted CarHistory report by simply visiting www.carhistory.com.au/racv.

Show Your Card & Save is the world's largest member benefits program, offering RACV members discounts at participating businesses throughout Australia and the world. For more information on SYC&S and the special offers available to RACV members, visit racv.com.au/sycas.

DISCLAIMER
Purpose of Veda media releases:
Veda media releases are intended as a contemporary contribution to data and commentary in relation to credit activity in the Australian economy. The information in this release does not constitute legal, accounting or other professional financial advice. The information may change and Veda does not guarantee its currency or accuracy. To the extent permitted by law, Veda specifically excludes all liability or responsibility for any loss or damage arising out of reliance on information in this release and the data in this report, including any consequential or indirect loss, loss of profit, loss of revenue or loss of business opportunity.