Get Instant Vehicle Valuations in Colombia with the Fasecolda API

Getting accurate vehicle data can be a challenge for many businesses. Banks need it to approve loans, insurers to set the right premiums, and automotive platforms to verify listings. Doing this manually takes time and can lead to mistakes.

The Fasecolda API from Verifik makes it easy. With just a few clicks, your team can get up-to-date vehicle valuations, including brand, model, engine type, year, and estimated market value. Everything is fast, reliable, and ready to use so your business can make better decisions.

This guide explores how our Fasecolda API works, why it is useful for businesses, and how it can simplify vehicle verification and valuation in Colombia.

What is Fasecolda? 

Fasecolda stands for Federación de Aseguradores Colombianos, or the Colombian Federation of Insurers. It is an organization that represents insurance companies across Colombia and manages official vehicle data.

One of its key roles is maintaining a central vehicle database that contains detailed information about every registered vehicle in the country. This includes:

• Vehicle brand and model 
• Year of manufacture 
• Engine size and fuel type 
• Passenger and load capacity 
• Estimated market value for new and used vehicles 
• Unique Fasecolda codes for each model-version

These Fasecolda codes are unique identifiers assigned to each vehicle type. They are widely used by insurers, banks, and other businesses to verify vehicle details, calculate insurance premiums, value cars for loans, and reduce the risk of errors or fraud.

By providing official and standardized vehicle data, Fasecolda serves as the backbone for tools like Verifik’s Pasecolda API, which brings this information directly into business workflows.

What is the Fasecolda API by Verifik?

Verifik developed the Fasecolda API to provide fast and reliable vehicle valuation in Colombia. The API connects directly to the official Fasecolda database and fetches real-time vehicle data using the vehicle’s unique Fasecolda code.

By using this API, businesses no longer need to depend on outdated listings or manual price estimates. It provides essential information such as the vehicle’s brand, model, year, and current market value. Insurance companies, banks, car dealerships, and online marketplaces in Colombia can now access accurate vehicle valuations instantly, helping them make informed decisions with confidence.

With the Fasecolda API by Verifik, companies gain a simple and trustworthy way to integrate instant vehicle valuations into their workflows to save time and reduce errors.

How Verifik’s Fasecolda API Works?

Verifik’s API connects your system directly to the official Fasecolda database, so you can get instant and reliable vehicle valuations exactly when you need them. The process is simple, fast, and fully automated:

1. Enter the Vehicle Code (Código Fasecolda)

Each vehicle in Colombia is assigned a unique Fasecolda code. Your system sends this code as a request to the API.

2. Real-Time Data Fetching

Verifik’s Fasecolda API connects to the Fasecolda database and retrieves the most recent valuation data linked to that vehicle code. 

3. Receive Structured Data

Within seconds, you get a complete data set that can include the vehicle’s brand, model, version, year, and official market value.

This plug-and-play setup allows your platform, whether it is a dealership CRM, an insurance quoting tool, or a lending system, to display accurate valuations instantly. Because Verifik’s Fasecolda API is lightweight and developer-friendly, it integrates seamlessly into your existing workflows without causing disruptions. By automating the valuation process, it not only saves your team hours of manual work but also ensures your business always relies on the most up-to-date and reliable market data.

Key Business Benefits of Using Fasecolda API by Verifik

Using Verifik’s Fasecolda API can transform how your business handles vehicle data. Here’s how it helps:

• Faster Decisions

With instant access to accurate vehicle valuations, your team can move from waiting days for manual checks to getting answers within seconds. This speed is vital when approving auto loans, setting insurance premiums, or validating vehicle listings. The faster you can confirm a vehicle’s details, the faster you can close deals and keep your processes running smoothly.

• Fewer Errors

Because the data comes straight from Fasecolda’s official database, you avoid the inconsistencies and guesswork that come with multiple third-party sources. This reduces the risk of incorrect valuations, claim disputes, and compliance issues. Accurate data builds a solid foundation for every business decision.

• Lower Operational Costs

Manual lookups, paperwork, and back-and-forth verification can drain time and resources. Automating these steps with Verifik’s API frees your team from repetitive tasks and reduces administrative costs. This allows your staff to focus on higher-value work that drives revenue.

• Better Customer Experience

Customers expect quick answers. When you can instantly provide accurate vehicle values and details, it builds confidence and improves their overall experience. Whether it is a loan applicant, an insurance client, or a buyer on your platform, fast responses leave a lasting impression and strengthen trust.

• Scalable Processes

Growth often means handling more data, more requests, and tighter deadlines. Doing this manually can quickly overwhelm your team and slow down operations. With Verifik’s Fasecolda valuation API, you can process thousands of vehicle valuations without adding extra staff or tools. Our API works the same way whether you handle ten requests a day or ten thousand. This consistency gives your business the flexibility to grow without operational hurdles or rising costs.

Common Use Cases of Verifik’s Fasecolda Vehicle Valuation API

Verifik’s Fasecolda API is already helping many types of businesses work faster and smarter. Here are some of its most common use cases:

Banks and Lending Companies

They need accurate valuations before approving car loans or lease applications. With real-time data from the API, they can instantly verify a vehicle’s worth and cut down approval times from days to minutes.

Insurance Companies

Insurers rely on vehicle values to set fair premiums and settle claims. The API gives them up-to-date valuations directly from Fasecolda, reducing disputes and helping them serve customers more quickly.

Automotive Marketplaces and Dealerships

Platforms and dealers use the API to verify listings, check pricing accuracy, and build trust with buyers. Having official data at hand makes it easier to close sales and avoid fraudulent listings.

Fleet Management Companies

Companies that manage large vehicle fleets use the API to maintain accurate records, track depreciation, and plan replacements. It helps them make informed decisions without spending hours on manual checks.

Any business that depends on reliable vehicle data can use this API to save time, lower risk, and make confident decisions at scale.

Why Businesses Choose Fasecolda API by Verifik?

Verifik built its Fasecolda API with businesses in mind. It is not just about fetching data but about making the whole process reliable, secure, and effortless for your teams.

Real-Time Access to Official Data

The API connects directly to the Fasecolda database to give  you accurate and up-to-date information every time. No delays, no outdated records.

Developer-Friendly Integration

It comes with clear documentation and simple endpoints so your tech team can set it up quickly without complex coding or long deployment cycles.

Secure and Compliant

Verifik prioritizes data security. Our API uses encrypted connections and secure authentication to keep your requests and data safe while staying compliant with industry standards.

Reliable Performance

The API is engineered to keep up with your business, no matter the load. Whether you run a few checks or process thousands of requests at once, it delivers consistent speed and uptime. Your operations stay smooth even during peak business hours.

Tailored for Business Workflows

Whether you are processing loan applications, setting insurance premiums, or verifying listings, the API fits right into your existing systems and scales as your business grows.

With this combination of accuracy, speed, and ease of use, Verifik’s Fasecolda API has become the preferred choice for businesses that need dependable vehicle valuation data.

Getting Started with Verifik’s Fasecolda API

Getting access to Fasecolda API by Verifik is quick and straightforward. There’s no complex setup or long wait times involved.

Here’s how you can get started:

1. Request API Access

Reach out to Verifik to get your API credentials and documentation. Our team will guide you through the onboarding process.

2. Integrate with Your Systems

Use the provided endpoints and examples to connect the API to your platform, CRM, or internal tools. Most teams get it running in just a few hours.

3. Start Making Real-Time Queries

Once live, your team can instantly fetch official Fasecolda vehicle valuations directly within your workflows.

Verifik also offers support during and after integration to make sure your team gets the most out of the API without technical roadblocks.

Conclusion

Accessing accurate vehicle valuation data shouldn’t be a struggle. With the Fasecolda API by Verifik, insurers, lenders, and verification platforms can instantly pull real-time vehicle valuation information straight from the official Fasecolda database. It removes manual checks, reduces errors, and makes the entire vehicle valuation process faster and more reliable.

Want to power your platform with real-time vehicle valuations? Reach out to Verifik and integrate our Fasecolda API today.