The Untapped Industry Of Vehicle History Checks
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Editor’s note: Ash Akhan is a business consultant at IBM and hosts a weekly tech podcast at TechTalk Cast.
Carwow recently received £4.6m in series A for flipping the car-buying experience on its head, and JustPark received a large amount last year. More recently we’ve seen the UK government give “hands-free” cars the go-ahead.
The automative industry is undoubtedly flaring up with some awesome tech innovations, but there is still one sector to tackle: vehicle history checks, a ghost sector that lies in the shadows of the automotive industry and hides from any overt advertisement.
Worth over £500 million in the U.K. alone, these behemoths charge prospective car owners between £3 – £20 for you to check the history behind a vehicle. Information that should really be publicly accessible. Unfortunately our government has not yet given free public access to this data, instead deciding to charge £90,000 per year for…
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