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Automotive Off Lease Inspections
When a lease contract expires and the lessee returns the car to the leasing company, that car still retains a certain value on the used car market. That value depends on many factors such as the make, model, conjuncture on the used car market, etc. A badly damaged car will have a negative influence on the re-sales / remarketing price or vehicle remarketing. As the used car market is currently facing a prices drop, it is very important for leasing companies to recover that damage (and the difference in the remarketing value) from the lessee. That is what off lease vehicle lease inspections determine.
Read the Off-lease Vehicle Inspection Fact Sheet (PDF 1.58 MB)
Off Lease Vehicle Inspections Services
- Third party independent inspection
- Standardized inspection criteria and procedures across geographies
- Standardized electronic reporting in both local language and the common language of our client
- Customized and flexible report for collection of claims and prompt remarketing
- Standardized and undisputable cost calculation and determination of excess wear and tear across geographies
- Reduced non-core and administrative expenses with better recovery
- An open, transparent platform accessible by the leasing company and its customers for online statistics
- Electronic data exchange and optimum integration into workflow and processes.
Auto Remarket
Vehicles are transported to auction or to final destination with an on-time title, plus value appraisal, based on inspection data obtained by SGS. We carefully monitor Inspections, Inventory Control and Logistics Coordination.
Title Administration
Our centralized title centers focus solely on processing vehicle related titles with state-of-the-art technology, enabling us to process thousands of titles every day. Our services include Centralized and dedicated title the car, following the procedures and business rules drawn up and agreed with our customers
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