Company Information

Get to know CarPass

Car-Pass vzw (ASBL) is a non-profit association established by Belgian law to manage a central database of mileage readings for cars and light commercial vehicles. Its primary mission is to protect consumers and the integrity of the automotive sector by preventing odometer tampering. Since its operational start in 2006, professionals in the Belgian automotive industry (such as garages, body repair shops, and inspection centers) are legally required to transmit mileage data to Car-Pass at each service or intervention. When a used vehicle is sold, the seller must provide the buyer with an official Car-Pass certificate, which shows the vehicle's known mileage history, ensuring transparency in the transaction.

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CarPass

United States

Founded in

2023 (3 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

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ASIC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.