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GE Capital Fleet Services and Carfax Expand Access to Vehicle Data Available To Wholesale Market

September 15, 2011 - Press Release

EDEN PRAIRIE, MN - GE Capital Fleet Services has expanded its longtime relationship with Carfax to provide the wholesale market with greater access to vehicle data. Now, buyers at auction have access to more valuable information about the history of GE Capital Fleet Services’ units through Carfax Vehicle History Reports. This includes vehicle sales records and service histories, plus auction-announced and accident management program damage records.

“This is a decisive choice that makes the remarketing and acquisition process better for everyone,” said Paul Seger, VP Asset Remarketing at GE Capital Fleet Services. “Carfax shares our concern for proper representation of the quality and condition of our vehicles. With their help, the accuracy and detail of the information we make available to our buyers on Carfax Reports is second to none.”

Since 2003, GE Capital Fleet Services has worked with Carfax to enhance the resale value of its off-lease vehicles. By choosing to expand the information reported to Carfax, GE Capital Fleet Services helps increase the reliability of structural damage disclosures and improve the integrity of future transactions.

“Carfax Vehicle History Reports are a critical tool in the wholesale market,” said Dave Sutton, national director at Carfax. “When buyers and sellers have equal access to vehicle history information from a trusted third party source, the result is a more efficient market where everyone wins.”

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