What is a Post-Sale Inspection(PSI)?

The Post-Sale Inspection (PSI) is a fundamental mechanical, structural and flood examination, designed to align with the guidelines of the National Auto Auction Association’s Arbitration Policy. PSIs rely on the collective expertise of Manheim’s inspectors, blending both objective and subjective evaluations.
The post-sale inspection takes place as close to the conclusion of the vehicle sale as possible, providing a snapshot of the vehicle’s condition at that particular moment. It’s important to note that this assessment is a one-time event, conducted under the vehicle’s operating conditions at that specific time. Consequently, it’s not possible to evaluate the vehicle under conditions precisely mirroring its day-to-day operational state. Should a more specialized inspection be deemed necessary, the auction retains the right to collaborate with a third-party vendor chosen in agreement with the auction, buyer, and seller.

Why Get A Post-Sale Inspection?

A post-sale inspection for cars offers several benefits for both buyers and sellers in the automotive market:

  • Increased Transparency: Post-sale inspections provide transparency about the condition of the vehicle. Buyers can make informed decisions, knowing the true state of the car they are purchasing, which reduces the risk of surprises and disputes.
  • Confidence for Buyers: Buyers gain confidence in their purchase. They can trust that the vehicle has been thoroughly evaluated and any issues have been disclosed, reducing the chances of buying a lemon.
  • Mitigating Risk: Sellers can use post-sale inspections to mitigate risk. By having the vehicle inspected, they can address any potential issues before the sale, reducing the likelihood of post-sale disputes and returns.
  • Enhanced Marketability: Sellers can market their vehicles as having undergone a post-sale inspection, which can make them more attractive to buyers. This can lead to quicker sales and potentially higher selling prices.
  • Compliance with Industry Standards: Post-sale inspections often align with industry standards and arbitration policies, providing a standardized process for evaluating vehicle condition.
  • Fair Arbitration: In case of disputes, having a post-sale inspection report can facilitate fair arbitration. It provides an objective assessment of the vehicle’s condition, helping to resolve disagreements between buyers and sellers.
  • Customer Satisfaction: Buyers who receive vehicles with a clean bill of health are more likely to be satisfied with their purchase, leading to positive reviews and potential repeat business.
  • Peace of Mind: Both buyers and sellers can have peace of mind knowing that the vehicle’s condition has been professionally assessed, reducing uncertainty and stress associated with vehicle transactions.
  • Protection Against Fraud: Post-sale inspections can help uncover potential fraud or misrepresentation of the vehicle’s condition, protecting both parties from fraudulent transactions.
  • Reduced Cost of Ownership: For buyers, knowing the true condition of the vehicle can save them money in the long run by avoiding unexpected repair costs and ensuring they are getting value for their investment.

How To Get A Post-Sale Inspection?

To get a post-sale inspection for a vehicle, start by selecting a reputable inspection service provider in your area and scheduling an appointment with them. Coordinate with the seller or auction to ensure the vehicle is available for inspection at the agreed-upon time and location. Attend the inspection if possible, review the inspection report afterward, negotiate with the seller based on the findings, and finalize the transaction. Retain all documentation for future reference. Depending on the seller or auction, they may offer inspection services or require you to arrange one independently, so clarify the details in advance to streamline the process.