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How quickly is someone removed from your database once they have disposed of their auto (sold, etc.)?

At M1 Data, we prioritize maintaining accurate and up-to-date records. It's essential for our operations to utilize the most relevant and current data. Here's how we decide when to remove a vehicle record from our system to ensure data freshness.

Criteria for Removing a Vehicle Record

  1. Validation and Connection to VIN

    • Regular Validation: If a record hasn't been validated with a connection to a Vehicle Identification Number (VIN) within 10 months, it is removed from our database. This practice ensures that our data remains current and relevant.

  2. Change of Ownership

    • Ownership Updates: We update our database promptly following the first sign in a change of vehicle ownership. This ensures that our records accurately reflect current ownership details.

  3. Intelligent Bot Crawler

    • Dealer Lot Detection: Our intelligent bot crawler identifies when a VIN appears on a dealer's lot, indicating a trade-in or sale. This triggers an update to our records to reflect the vehicle's new status.

  4. Insurance Claims Data

    • Total Loss Identification: When a vehicle is flagged as a total loss through insurance claims data, we remove the record from our active database. This step is crucial to maintaining data relevancy.

  5. International Movements

    • Bill of Lading Data: We track vehicles exported out of the United States through Bill of Lading data. When a vehicle is exported, the corresponding record is pruned as part of our regular data hygiene process.

Benefits of Our Approach

  • Data Accuracy: By removing outdated or irrelevant records, we ensure that our database contains only the most accurate and up-to-date information.
  • Relevance: Keeping our data fresh allows us to provide high-quality, relevant insights to our clients.
  • Efficiency: Regular updates and intelligent tracking mechanisms help maintain the integrity of our database, improving the efficiency of our data services.

FAQs

How often is the database updated? Our database is continuously updated as new information becomes available through vehicle purchases, vehicle service, validation processes, ownership changes, insurance data, Major Car Clubs of America, and international tracking.

What happens if a vehicle is sold to a private party? Private sales are typically detected through change of ownership updates, insurance data, and service records ensuring our records reflect the most current ownership details.

How do you handle data privacy and compliance? All our data handling practices comply with relevant privacy laws and regulations, including GDPR and CCPA/CPRA, ensuring ethical and legal use of data.

For more information on our data management practices, visit the M1 Data & Analytics website or contact us at Connect@M1-Data.com.