Car Data API for Insurers & Lenders
Insurers and auto lenders use Carapis to value vehicles accurately and assess risk — pulling live market prices, price history, mileage and accident history from car marketplaces like Encar, KBB and Mobile.de through one REST API. Carapis turns the live used-car market into structured collateral and valuation data, so underwriting, loan-to-value and total-loss decisions rest on what cars actually trade for today, not a stale book value.
Who they are
Auto lenders, leasing companies and motor insurers all price the same underlying asset: a specific vehicle, today. Lenders need defensible loan-to-value at origination and residual forecasts at lease-end. Insurers need accurate replacement values for premiums and fast, fair settlements at total loss. Both need a continuous read on the live market across the makes and models in their book.
What data they pull
- Live market value — asking prices for the same make/model/year/mileage to set collateral and replacement values.
- Price history and depreciation — the signal behind residual-value and loan-to-value models.
- Mileage and condition — mileage bands plus accident/repair history and inspection sheets where available, to adjust value for condition.
- Inventory depth — how many comparable cars are on the market, a liquidity signal for total-loss and remarketing.
- Cross-market coverage — values across the countries and platforms a book spans, through one schema.
Why Carapis
A book of loans or policies covers many models across many markets; maintaining scrapers for each portal is not viable for a risk team. Carapis delivers normalized price, mileage and condition data through one endpoint, so valuation and risk models read a single schema and stay current. Estimates are flagged honestly; Carapis provides the data, you own the model. See pricing for refresh tiers.