TALLAHASSEE, Fla., Jan. 22, 2013 /PRNewswire/ -- All over the country law enforcement agencies are reporting significant increases in the sale of stolen cars for scrap. Thieves steal disabled, abandoned or unattended vehicles and take them to salvage yards where they attempt to sell them to unsuspecting recyclers. Because many states do not require a title for the sale of older model vehicles, it can be easier for car thieves to try to pass those stolen vehicles on. Auto Data Direct (ADD) offers a solution for protecting auto recyclers from acquiring vehicles that have been reported stolen.
"With more regulatory oversight and reporting required of the recycling industry at both the federal and state levels, the last thing you need to worry about is whether a vehicle you purchased is stolen," said Jim Taylor, president. "ADD's National Title Pointer combines information from the National Motor Vehicle Title Information System (NMVTIS) database with lien and national theft data, offering a single report that allows auto recyclers to find out in seconds if a vehicle has been reported stolen. Our customers want a one-stop solution to verify theft status and comply with federal regulations. That's what we've designed with this service."
This unique online compliance tool is available for parts and scrap recyclers, crushers, metal shredders and other auto-recycling businesses. Searchable by VIN, the vehicle history and theft check includes information on the vehicle's current state of title, the title issue date, previous titles, lien data from major lenders and a nationwide theft check. If the recycler decides to purchase the vehicle, the reporting of the vehicle information to the NMVTIS database is included free of charge, allowing the recycler to meet the federal salvage reporting regulations at no additional cost. With one simple step, ADD helps recyclers verify the titling state, check theft status and then report a vehicle to NMVTIS as required by law. ADD's National Title Pointer with Theft and Lien data is available for recyclers at $1.50 per report, which includes the upload of the record to NMVTIS.
For more information, including how to sign up for an account, visit ADD's website at www.add123.com or call 866-923-3123.
SOURCE Auto Data Direct, Inc.