RedBook’s comprehensive vehicle acquisition and pricing data can give you a competitive edge across countless aspects of fleet management.
Whether it’s driving pricing and quotations, forecasting future residual values, delivering bespoke portfolio valuations, or working out the total cost of ownership and enhancing telematics; RedBook has all the tools to help work accurately and confidently within your business.
Common products and services provided to Fleet Management include:
Asset Identification
Everything starts with accurately identifying a vehicle. From there, exploring current and future values, specifications and much more can be done with ease.
RedBook provides enhanced car and motorcycle API identification services that accurately matches a Registration or VIN to the specific car or motorcycle’s unique RedBook ID using proprietary and parallel industry data sources.
A RedBook ID (code) enables under license access to a full suite of specifications, options, imagery, and RedBook’s range of pricing & valuation services.
Even without a registration or VIN look-up API, RedBook’s database can support a comprehensive "help me choose" drop down menu solution delivering the right vehicle and details required to power origination platforms.
Commonly used by Fleet Managers to assist with efficient and accurate asset onboarding.
RedBook’s solution can be fully integrated within your systems via our API or accessed via RedBook’s Fleetmaster online portal solution.
Asset Lifecycle & Risk Management
Providing services to large Rental and Fleet Management Organisations alike, RedBook’s expertise extends to multiple areas of fleet management, including but not limited to:
Portfolio Valuation Assessments, covering:
- Current used pricing
- Re-forecasting end of term used car values.
- Financial provisioning purposes
- Effective risk and capital management
Cost-to-Run / Cost-To-Own calculations to support customer lease quotations, fleet selection and budgeting for operating leases and alike.
Remarketing intelligence, from deciding which vehicles to de-fleet and when, RedBook’s suite of market valuation tools be it historical, current (including real-time) or forecast, can assist your team in setting and/or benchmarking reserve values to maximise outcomes.
NEVDIS Rego Plate to VIN
RedBook are an authorised broker for the Registration Plate to VIN look up service hosted by Austroads. This service provides access to the National Exchange of Vehicle and Driver Information System (NEVDIS) which is the database that contains information on all registered vehicles (cars, trucks, motorbikes) in Australia aggregated from the eight state and territory road authorities.
As an authorised NEVDIS Broker, RedBook can provide access via API for any Australian entity to search the NEVDIS database for vehicle identification information and status checks.
Available calls include Plate to VIN, Vehicle Details, Build/Compliance date, Vehicle Age, Registration Status, Power to Weight, Written Off History and Stolen Check.
Commonly used by fleet managers for vehicle registration status checks.
RedBook’s solution can be fully integrated within your systems via our API.
RedBook Fleetmaster Look-Up
Don’t require the need for a fully integrated solution? Look no further than RedBook’s renowned Fleetmaster online portal solution providing real-time identification and pricing data updated daily in addition to:
- Future Residual Value pricing for new vehicles.
- New and used pricing.
- Includes 'Autocalc' - adjust prices based on Age, Kms & Condition.
- Includes standard and optional equipment.
- Model History, price trend graphs, photographs.
- Vehicle comparisons.
Optional Extras Include:
- VIN / Registration Look-Up to ID for Cars & Motorcycles.
- Real Time Valuations, daily dynamic used car pricing.
- Cost-to-Own Calculator.
- Insights Dashboard.
Cost to Run (CTR) & Cost to Own (CTO)
RedBook can provide a CTR & CTO solution via API or the online Fleetmaster portal.
The solution calculates the costs involved in keeping a vehicle on the road up to a maximum of 5 yrs and 75,000km for cars from 2022 onwards.
The components that form part of RedBook’s CTR & CTO solution are:
- Fuel (or Energy for Electrically powered vehicles).
- On-road costs (registration, govt. duties, 3rd party insurances, levies).
- Insurance (comprehensive).
- Tyres.
- Vehicle servicing costs (based on scheduled servicing & included elements only).
- Finance costs (CTO only).
- Deprecation (CTO only).
RedBook’s CTR & CTO calculators can provide instant comparisons or quote calculator inputs for various fleet management users that need the detail beyond just the purchase or sale price.
RedBook can provide a CTR & CTO solution via API or the online Fleetmaster portal covering cars, SUVs and light commercial vehicles.
Consulting Services
With RedBook’s team member backgrounds ranging from OEM, Financial Services to Fleet Management, RedBook has extensive experience providing bespoke consultancy services for a range of unique purposes for the Fleet Industry, including:
- Portfolio valuation, data matching and database cleansing.
- Current & Historical valuation’s tailored for purpose.
- Total Cost of Ownership studies.
- ICEV & BEV Market Intelligence.
- Bespoke market Insights, Analysis, Reporting.