Bumper.com brings AI to vehicle history reports
![](https://www.autoremarketing.com/wp-content/uploads/2024/06/Bumper-Smart-Insights.jpg)
Image courtesy of Bumper.com.
Artificial intelligence seems to be spreading into everything these days.
So why not vehicle history reports?
Vehicle history report platform Bumper.com’s answer to that question is a new feature called Smart Insights, designed to use generative AI to “analyze and distill” the most important information in a history report.
The company said Smart Insights is trained to recognize and prioritize information based on a set of criteria and parameters that can significantly impact a vehicle’s condition, value and desirability.
The parameters can include factors such as accident history, maintenance records, number of previous owners, mileage and more.
“Digging through an extensive vehicle history report can be so time-consuming and laborious that buyers aren’t finding the important data they need,” Bumper.com senior director of product management Alessandro Mannino said in a news release. “Smart Insights makes the process of researching a used vehicle faster so buyers aren’t missing out on crucial parts of a vehicle’s past.”
The feature can also provide an estimated history-based value, taking into account the vehicle’s unique circumstances to offer a more accurate valuation, the company said. The feature also scores those insights from best to worst and provides a simple rating to guide users.
In a news release, Bumper.com said it has addressed potential concerns about the reliability of AI-generated insights and has “carefully constructed our Smart Insights feature using a series of guardrails to help keep the suggestions accurate and ensure information is referenced directly from our reports and providing human oversight.”