Next Inspect, a new mobile application from Manheim, enables dealers, fleet drivers, and consumers to more easily capture a vehicle’s condition, the company announced May 24.
The resulting report, complete with Fyusion’s AI-powered imaging, can help commercial consignors drive business decisions and guide the next steps in the vehicle’s lifecycle. Designed to solve numerous client pain points, Next Inspect reduces the friction in off-lease processes and gives fleet owners more visibility into the condition of their vehicles.
“The beauty of Next Inspect is in its simplicity and ease of use — which gives clients what they need to make informed vehicle decisions,” said Zach Hallowell, senior vice president of Manheim Digital at Cox Automotive, in a news release. “Next Inspect can truly be used across the spectrum of the automotive industry, and we look forward to putting this powerful tool into our clients’ hands.”
Already used by two major commercial clients for their off-lease programs, Next Inspect helps dealers, auctions and consumers conduct accurate inspections and generate detailed reporting.
How Next Inspect Works
Users are taken through the inspection via a simple questionnaire and guided image capture. This process then instantly generates an excess wear and use estimate, eliminating the mystery on excess guidelines and preventing surprise bills long after vehicle turn in. This could help improve lessee relationships, and result in greater brand loyalty.
The app will also automatically create a wholesale-ready condition report, complete with condition grade (certification required), that consignors can use to immediately remarket the vehicle in the Manheim marketplace. By not having to account for a separate inspection process before wholesale, users gain major efficiencies — selling the vehicle faster and accruing less holding costs.
Next Inspect can be used “out of the box” to help clients start managing their vehicles better, and customize it to their needs. Clients can arrange questions to get critical details important to their businesses, adjust the excess wear and use tables to comply with specific guidelines, and tailor the look of the app to reflect their brand.
Whether customized or out of the box, the core of this self-inspection tool is fueled by AI imaging technology from Fyusion, which sees the vehicle in 3D much like the human eye. 360° vehicle captures produce merchandising-ready imagery, along with the ability to zoom into specific areas of a vehicle for the most detailed analysis. Fyusion’s AI-powered vehicle capture technology has produced billions of vehicle images so far.
The Fyusion technology also includes proprietary machine learning algorithms that will deliver automated damage detection. Images captured by Next Inspect are continuing to train the AI damage detection model, just like all the Fyusion-powered handheld and fixed imaging across Manheim facilities, which will enhance the ability to capture vehicles’ conditions.
Originally posted on Automotive Fleet