The learner is capable of establishing the status and value of a used vehicle with a view to bring such vehicle into the organisations used vehicle trading stock and to enhance the buying/selling opportunity of another vehicle. This unit standard makes provision for the automotive retail industry with special reference to appraising and valuating second hand vehicles in the following categories; Light commercial vehicles; passenger vehicles; recreational vehicles; Motor cycles; Tri-cycles; Quad cycles; Boats, light and heavy commercial vehicles, agricultural vehicles and Off Road (ATR) vehicles. The purchase of used vehicles includes local and purchases from abroad.

Upon achieving this unit standard, the learner will be able to thoroughly verify the status of used vehicles, conducting comprehensive inspections and evaluations to determine their condition and history. They will be adept at preparing an offer for the used vehicle, considering factors such as its age, mileage, and current market value to ensure a fair and competitive proposal. Furthermore, the learner will possess strong negotiation skills, enabling them to agree on a final offer to purchase that satisfies both the buyer and the seller. They will be capable of handling all aspects of the transaction professionally, ensuring a smooth and efficient process from initial inspection to final agreement.

Course Content

  • Vehicle ownership is established in accordance with company policies and procedures.
  • Restrictions affecting the transfer of ownership is established according to company policy and procedure.
  • Vehicle status information is recorded according to company procedures.
  • Vehicle condition information is recorded in accordance with company policies and procedures.
  • The recommended trade value is determined in accordance with company policy and procedures.
  • The value of any optional extras fitted to the vehicle is determined in accordance with company policy and procedure.
  • The reconditioning costs are determined according to company policies and procedures.
  • The final offer for the vehicle is calculated in accordance with company policies and procedures and financial practices.
  • The final offer is presented to the vendor in accordance with company policies and procedures.
  • The documentation is completed in accordance with company policies and procedures.
  • The signatures are obtained on the documentation according to company policies and procedures.
  • Procedures, which are in alignment with legislative and organisational requirements, are developed for the administrative systems
  • The procedure for each element of the administration system is explained to employees in line with the policies developed
  • The policies and procedures are collated into a written manual in company-specific format
  • Non-accredited: Short course only  
  • Duration: 1h 30m
  • Delivery: Classroom/Online/Blended
  • Access Period: 12 Months 
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