Improving enhanced VIN Spec data in Autotrader Connect
We’re pleased to announce we have added Hyundai to our Enhanced VIN spec data set, joining other leading brands such as Ford, BMW and many more.
Hyundai are the latest brand to enable VIN spec data for all our partners and retailers. Partners can now access VIN spec data for all Hyundai vehicles built from 2014 onwards in the Vehicles API.
Enhanced VIN Spec data captures all the optional specification items that were added to a vehicle when it was built. This ensures no added extras are missed and informs accurate vehicle descriptions and valuations. The data is recorded and maintained by each OEM and shared with us so we can make it available via Autotrader Connect.
Benefits to you and retailers
Auto populate specification
Increase stock record creation efficiency by using the factory fitted confirmation to auto populate optional vehicle specification features based on the VIN of the vehicle. As well as saving time this ensures accuracy to the initial OEM marketing description when the vehicle was built.
Accurate Vehicle Descriptions
With 46% of adverts missing detailed specification, retailers could be missing out on margin due to inaccurate descriptions. Optional specification could be misrepresented or incorrectly assigned, meaning consumers could be seeing an inaccurate representation of the vehicle equipment.
Spec adjusted valuations
Power your platform with industry leading valuations, based on analysis of 52,000 vehicles advertised on our platform, on average we see £361 of unrealised margin per vehicle due to missed specification. Enhanced VIN spec data removes the guess work by adjusting the valuations based on the exact specification, helping retailers price vehicles accurately and with confidence.
Smarter sourcing for forecourts
Use enhanced VIN Spec data to accurately profile potential vehicles based on factory fitted optional specification meaning your retailers can source cars more intelligently, empowering them to make decisions based on the exact optional specification of a vehicle.
Enhanced VIN Spec is available for the following brands:
Abarth
Alfa Romeo
Alpine
BMW
Chrysler
Dacia
Fiat
Ford
Jeep
Mini
Renault
Volvo
Hyundai
We are constantly working to make VIN Spec data available for more OEMs and will notify partners as and when new brands are available.
For more information about Enhanced VIN Specification data check out our website.
How to integrate
Enhanced VIN Spec data can be integrated as part of the Vehicles API and is available when requesting Valuations and performing a vehicle look up.
If you require further support with integrating the Vehicles API, please contact our partner team on: autotraderpartnerteam@autotrader.co.uk