Armed with total-loss data and a better understanding of vehicle histories, both consumers and dealers will be able to steer clear of rebuilt wrecks and stolen vehicles. For too long, fraudulent resellers have relied upon a confusing 51-state titling regime to market rebuilt or stolen vehicles with clean titles. |
Disclosure is the factor that I think we can all agree on. |
This is an incredible complex situation. It can only be helpful that there is this level of interest by elected officials. |
We want to totally reconfigure this model so that the purchasers have available information before they make a purchase. Our concern is how soon can consumers get the info how soon can NMVTIS get the information. If we're dependent on federal agencies, we're not going to get it as fast as if the private sector is allowed to leverage that info manage it and interpret it and send it back out. |