Error parsing XSLT file: \xslt\FacebookOpenGraph.xslt Adesa launches AI product for defleet inspections
Cookies on Businesscar

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time

BusinessCar magazine website email Awards mobile

The start point for the best source of fleet information

Adesa launches AI product for defleet inspections

Date: 11 March 2019   |   Author: Sean Keywood

Remarketing firm Adesa has launched a new artificial intelligence (AI) product to be used when defleeting vehicles.

Adesa IVI - which stands for Intelligent Vehicle Inspection - enables drivers to carry out their own inspection using a smartphone or tablet an agreed number of days before they hand back a company car, or a vehicle they have financed through personal contract purchase (PCP) or personal contract hire (PCH). 

The driver is guided through a self-appraisal that includes a pre-defined image capture walkthrough.

Adesa says this removes the need for third parties to provide inspections at end of contract, saving significant time and costs, especially when a vehicle needs repairs.

It says AI technology developed by Emergent Network intelligence (ENI) is used to automatically assess any damage and produce a fully costed report based on the finance provider's charge-out method, and in line with BVRLA fair wear and tear standards.

The new product also allows end-of-contract vehicles to be remarketed online before they have been defleeted, and provides an end-of-contract quality compliance report, including an HPI check.

Adesa UK managing director Jonathan Holland said: "Adesa IVI is fulfilling a critical need for the finance, fleet and leasing sectors by harnessing cutting-edge AI technology, which will present significant opportunities to save time and money in the remarketing process and produce more accurate appraisals.

"By utilising AI we are delivering a more accurate and transparent de-fleeting solution, which will help improve relationships between fleet, leasing and finance customers by enhancing the customer experience."