The Vehicle Remarketing Association (VRA) has encouraged manufacturers to provide used vehicle dealers with a checklist of detachable equipment that is essential to functioning.
The VRA cited smart keys, charging cables for electric and hybrid vehicles and removable tablet displays as examples of components whose presence should be checked at the moment of sale.
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It said manufacturers had an incentive to provide a way to track components, since missing equipment has an impact on residual value.
Sam Watkins, deputy chair at the VRA said: “More and more equipment is finding its way onto cars – and vans too – that is easily removable but which potentially costs a lot of money to replace if it is missing.”
“In many instances, the retailer or trader ends up footing the bill, which can easily be more than their margin in the vehicle.”
“The problem is that it is very difficult at first glance to know what equipment should be provided with a used car.
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By GlobalData“What we need is a fast and easy industry resource and the people best-placed to provide this information are motor manufacturers themselves … This could be disseminated through the established pricing data companies and the manufacturers themselves.”
