Streamline your motor finance vehicle inspection process and verify every asset before you lend against it. Digital inspections with photo evidence, DVLA data, and timestamped audit trails that satisfy FCA requirements.

Motor finance depends on accurate asset information. Lenders fund vehicles based on stated condition — but dealers rarely verify condition at point of sale. As a result, misrepresented vehicles lead to losses at end of agreement when the asset is worth significantly less than projected residual value.

Moreover, scrutiny from the Financial Conduct Authority (FCA) demands demonstrable due diligence in asset verification. Without a documented inspection process, lenders face fraud risk, inflated valuations, and regulatory challenge. You need a scalable motor finance vehicle inspection solution to verify every vehicle you lend against, without slowing down the funding process.

TradeAppraise provides motor finance vehicle inspection capability that lets you verify vehicles remotely without sending inspectors to every location. Send a secure inspection link to the borrower or the dealer, and receive a complete, guided condition report back.

Every vehicle inspection creates a documented condition baseline at the point the finance agreement begins. The system captures and permanently stores photos, damage annotations, mileage, and condition scores against the agreement record.

Then, when the vehicle is returned at end of agreement, compare the current condition against the original baseline. Consequently, this evidence-based approach to assessing fair wear and tear versus excess damage removes subjectivity from the process and reduces disputes. It protects both you and the customer, and gives your collections team the evidence they need to support end-of-contract charges with confidence.

TradeAppraise timestamps, geotags, and permanently stores every inspection with full photo evidence. As a result, this creates a complete, tamper-proof evidence chain that satisfies FCA audit requirements and supports your compliance obligations.

Therefore, when complaints arise or disputes escalate, you have irrefutable evidence of the vehicle’s condition at the point of lending. Your complaints handling team can access the original vehicle condition report instantly, resolving disputes faster and with documented evidence rather than word-of-mouth claims. Demonstrate due diligence at every stage of the lending lifecycle.

Whether you fund through fifty dealer partners or five thousand, TradeAppraise scales to match your operation. Your centralised dashboard tracks inspection completion rates across your entire dealer network, flags anomalies, and highlights dealers who consistently fail to complete inspections on time.

Furthermore, we offer volume pricing for high-throughput finance operations. No per-dealer setup fees, no per-user licences — just a simple cost per inspection that scales predictably with your lending volumes. Handle thousands of motor finance vehicle inspection verifications per month without adding headcount to your operations team.

Every lender has different risk criteria and underwriting requirements. TradeAppraise lets you tailor inspection templates to capture exactly the data points your risk team needs. For example, require specific photos for high-value assets. Additionally, add checks for older vehicles. You can also create different workflows for HP, PCP, and lease products.

In short, your compliance team defines the inspection criteria, and TradeAppraise ensures every dealer and borrower follows them precisely. No missed steps, no incomplete reports. The guided process means even non-technical users produce the quality of inspection data your underwriters need to make confident lending decisions.