Market Overview

instaVIN(R) Helps Identify Vehicle History Affected by Hurricane Sandy

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SAN DIEGO, Oct. 30, 2012 (GLOBE NEWSWIRE) -- In the wake of historic Hurricane Sandy, untold thousands of new and used vehicles have been severely damaged by flooding water, high winds or both. Consumers can protect themselves by getting a free record check from instaVIN®.

Unthinkably, in the coming weeks, many of these vehicles could be cleaned up and sold to unsuspecting consumers and dealers nationwide. The instaVIN® Vehicle History service can help consumers and dealers avoid these problem vehicles as the vehicles begin to hit the market.

instaVIN vehicle history reports (instaVIN.com) are powered by the National Motor Vehicle Title Information System (NMVTIS), the US Department of Justice administered database that helps state DMVs when titling out-of-state vehicles. Because of the NMVTIS system, information is made available to instaVIN in real-time. Other popular vehicle history reporting services may wait weeks or even months to get the information.

instaVIN reports contain title "brand" data from state DMVs that indicate that a vehicle has sustained storm damage from flooding, fallen trees, power poles or wind-blown debris. Storm damage vehicles usually – but not always – have an accompanying DMV title labeled "Water Damage", "Salvage", "Junk" or other similar title "brands".

In addition to the DMV title data, instaVIN reports also feature NMVTIS sourced information from insurance companies, salvage yards, salvage auctions and junk yards. Virtually 100% of vehicles that are reported to be a total loss or are in a salvage auction will appear in the NMVTIS database because these companies are required to report it. Not all of these vehicles will be reported to a DMV, making this information vital for consumers and dealers. Moreover, storm damaged vehicles can be transported anywhere in the U.S., making the problem nationwide.

InstaVIN reports have access to the title and nationwide insurance/salvage data from the moment that it is added to NMVTIS – making instaVIN more accurate and up-to-date than other popular history services. Reports also include open lien/loan information. Prices for consumers and dealers start at $6.99 per report. Consumers can also get a free carfacts report when they buy two.

About instaVIN

instaVIN is an authorized provider of real-time data from the National Motor Vehicle Title Information System (NMVTIS). instaVIN data is available for modern and classic passenger cars and light trucks, (RVs), motorcycles, and heavy trucks. instaVIN works with domestic and international distributors and affiliates. To learn more about instaVIN Vehicle History and Title Reports go to www.instavin.com. For business, reseller and agent inquiries, please contact instaVIN at 888-984-6782 or sales@instavin.net.

The instaVIN logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=15091

CONTACT: Media Contacts: For instaVIN Jim Irish, CEO instaVIN(TM) 858.454.6782 ext. 100 press@mobiletrac.net

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