More valuable intelligence for your dealership’s service drive arrived on Tuesday.

Vincentric released an in-depth update to its vehicle maintenance data with additional detail added to its automotive cost-of-ownership database. The latest enhancement includes costs for more than 400 services per vehicle with more detailed estimates of parts pricing, labor times and labor rates for light-duty vehicles in the U.S. and Canada, resulting in more accurate total cost-of-ownership calculations.

 Vincentric maintenance data includes both scheduled and unscheduled maintenance costs, with scheduled maintenance costs using specific manufacturer recommended maintenance schedules as its foundation.

Unscheduled maintenance costs include items without specific service intervals, such as brakes, batteries and tires.

Vincentric reiterated that it uses a standard replacement interval for these services and then applies vehicle specific parts prices and labor times. This information is then combined with hourly labor rates that are customized by state and province based on a Vincentric survey of automotive dealers.

Current national rates are $96 per hour in the U.S. and $112 per hour in Canada, with slightly higher rates for luxury vehicles.

“Our customers can now more accurately estimate maintenance costs at any mileage interval up to 300,000 miles or 480,000 kilometers,” Vincentric president David Wurster said.

“Each calculation is done using our dynamic cost to own technology to determine specific costs for that driving distance without the need for any averaging,” Wurster continued. “Our web service can deliver this data on demand either as part of our cost-of-ownership solution or as an independent maintenance data delivery.”

In addition to delivery via web service using a VIN match or other unique vehicle matching keys, Vincentric data can be delivered via text file or other formats as needed by its customers.

Further information regarding Vincentric maintenance data can be requested from marketing@vincentric.com.

And Vincentric is again a part of Used Car Week, which begins on Nov. 12 in Scottsdale, Ariz. The company will be handing out honors as a part of the Used Car Awards Luncheon sponsored by TradeRev.

There is still time to register for Used Car Week 2018 by going online here.