Penton’s EquipmentWatch has launched the new EquipmentWatch Verification mobile app that provides immediate serial number and VIN verification for heavy equipment and on-road trucks in the auction and resale markets. Available for both Android and iOS devices, the new app gives dealers, appraisers and inspectors a trusted resource for verifying the year of manufacture of an asset.
“Much of an asset’s value is predicated on the fact that the information being presented in the sales process is accurate,” says Garrett Schemmel, vice president & market leader, EquipmentWatch. “A slight discrepancy can change the value of an asset by thousands of dollars. The new EquipmentWatch Verification app puts that verification in the hands of the field appraiser and saves hours in paperwork and administrative time on the back-end of the acquisition process.”
The app is free for download, but is subscription-activated through the new Asset Inspection Plan which also includes access to the web-based interface that allows for more comprehensive asset data, including marketplace activity, location-on-asset and manufacturer notes, and detailed specs. This is all powered by the industry’s most expansive database of historical equipment information and complements a portfolio of subscription-based products and services that provide extensive equipment valuations, industry trends and market intelligence.
EquipmentWatch is the trusted source for heavy equipment data and intelligence. EquipmentWatch produces the leading database information products for the construction equipment industry and is the world leader in heavy construction research and serves more than 15,000 professional, high-volume users of construction and lift-truck data. EquipmentWatch's products are valuable tools in decisions surrounding the purchase, valuation, operation, and disposal of equipment. For nearly 50 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders and insurers, and government agencies involved in heavy civil construction.