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Procurement Market Intelligence Report

Vehicle Inspection Services
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Vehicle Inspection Services?

What is the average price of Vehicle Inspection Services?

This procurement report includes pricing information to help you purchase Vehicle Inspection Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Vehicle Inspection Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Vehicle Inspection Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Vehicle Inspection Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Vehicle Inspection Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

Market share concentration in the vehicle inspection services market is low, with the top four providers generating less than 30.0% of total market revenue. ProcurementIQ estimates that about 65,620 vendors offer vehicle inspection services. Providers in this market include local, national and global suppliers. The vehicle inspection services market... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience and Expertise

How long have you provided these products to your longest-tenured client?

What qualifications does your staff have and what measures do you take to keep those qualifications up to date?

What industry do you most commonly supply this product for?

To what extent will ordering multiple products from your firm allow me to save on costs?

What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?

Supply Chain Risk

Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?

Has the availability of raw materials tightened due to the coronavirus outbreak?

Over the past three years, what percentage of your revenue has been dedicated to labor?

How have fluctuations in input prices affected the prices of your products during the past three years?

How do you mitigate sudden price increases in raw materials?

When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?

How, if at all, has your supply chain been affected by import tariffs levied in 2018?

Regulation

How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?

How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?

What ongoing training procedures do you provide for your staff?

Have you ever been found to be noncompliant with regulatory frameworks?

Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

Quality Control

How do you ensure the accuracy and quality of your vehicle inspections?

Who identifies errors in inspections when they occur and how do you correct them?

How many employees do you have supervising the quality of your inspections?

How do you collect feedback from clients?

Capacity

How many technicians do you have performing inspections?

What is the maximum number of vehicles you can inspect in a month?

How quickly is your customer base growing? Have you experienced any capacity problems associated with this growth?

How many customers do you currently serve?

Competition

What strategies do you use to keep your rates competitive?

What competitive advantages do you have over other providers in the market?

Why should I pay more for your inspection services if your competitor is offering me the same services for a lower price?

How do you keep clients from changing providers year to year?

Reputation

How long have you been offering vehicle inspection services?

How many years of experience in the vehicle inspection services market does your average employee have?

What certifications do your technicians have?

How do you screen your employees? What measures do you take to ensure that they are qualified to offer vehicle inspections?

Thoroughness

What types of vehicles do you typically inspect?

How much experience do your technicians have inspecting the type of vehicles in my fleet?

Do you offer free reinspection? When does that offer expire?

What type of inspections do you offer? Do you do full vehicle inspections or just certain types of inspections?

Franchise Operations

How does your franchiser's approach differ from that of its competitors?

What guidelines does your franchiser set on you?

What additional costs do you incur as a franchise that other vehicle inspection companies do not?

How are franchise costs passed on to buyers?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should explicitly state the amount of the contract award.

Buyers should explain whether they expect to pay for services after each inspection or at some other point during the life of the contract.

Buyers can consult the Benchmark Price section of this report to determine about how much they should pay for vehicle inspection services.

Selection Criteria

Buyers should evaluate the experience of the inspectors that will be assigned to the project.

Buyers should make sure the provider offers appropriate inspectors that have the expertise needed for the project.

Buyers should evaluate providers based on the estimated costs of the vehicle inspection services they are offering.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers need to include the date proposals are due and when award information will be announced.

Buyers should provide the timeline of the project.

Buyers should include any other benchmark dates relevant to the project that suppliers will need to be aware of.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Vendors in the vehicle inspection services market have been facing a moderate level of supply chain risk in the three years to 2020. This level of supply chain risk reduces buyer power because it means providers are more likely to face upstream disruptions that increase the cost of delivering services.... Subscribe to learn more.

HIGH

MEDIUM

LOW