Rebuilt/Reconstructed Title
A Rebuilt/Reconstructed vehicle is a salvage vehicle that has been repaired and restored to operation. These vehicles are often severely damaged before they are rebuilt and refurbished parts are typically used during reconstruction. In most states, an inspection of the vehicle is required before the vehicle is allowed to return to the road.
Manufacturer Buyback or Lemon Title
A DMV or a state agency marks an official document or issues a Manufacturer Buyback/Lemon title when a vehicle has been repurchased by the manufacturer. Not all states issue manufacturer buyback titles and the specific requirements for a lemon law vehicle varies by state.
Odometer Rollback
If a more recent odometer reading is less than an older reading, then the odometer may have been tampered with and "rolled back".
Manufacturer Recall
Automobile manufacturers issue recall notices to inform owners of car defects that have come to the manufacturer's attention. Recalls also suggest improvements that can be made to improve the safety of a particular vehicle. Most manufacturer recalls can be repaired at no cost to you.
Basic Warranty
Most manufacturers offer a basic warranty for new vehicles. These warranties vary by manufacturer and typically last for a certain amount of time and/or a set number of miles.
Not Actual Mileage Title
When the seller certifies, under the Federal Odometer Act, that the odometer reading does not reflect the vehicle's actual mileage. This may occur because the odometer was tampered with, broken, or replaced.
Junk Title
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle exceeds ~ 75% of its pre-damage value. This damage threshold may vary by state. The majority of states use this title to indicate that a vehicle is not road worthy and cannot be titled again. Some states treat Junk titles the same as Salvage.
Loss Due To Fire Title
The vehicle sustained major damage due to fire. In most states, fire damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.
Exceeds Mechanical Limits Title
A vehicle with a 5-digit odometer cannot accurately track mileage after 99,999 miles because the odometer rolls over. This title is the result of a seller certifying under the Federal Odometer Act, that the odometer reading EXCEEDS MECHANICAL LIMITS of the odometer.
Structural / Frame Damage
In most cases, a vehicle is inspected for structural or frame damage, depending on the body design, after an accident or other incident. All levels of accidents from minor to severe can cause structural / frame damage and in most cases it can be repaired.
Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident. If an airbag has been deployed, it must be replaced by a qualified technician. Have this car inspected by a mechanic prior to purchase.
Salvage Title
A Salvage Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle exceeds ~ 75% of its pre-damage value. This damage threshold may vary by state. Some states treat Junk titles the same as Salvage but the majority use this title to indicate that a vehicle is not road worthy and cannot be titled again in that state. The following eleven States also use Salvage titles to identify stolen vehicles - AZ, FL, GA, IL, MD, MN, NJ, NM, NY, OK and OR.
Total Loss
An insurance or fleet company declares a vehicle a total loss when a claim exceeds ~ 75% of its pre-damage value or if the vehicle is stolen and not recovered. This damage threshold varies by company. These companies typically take possession and obtain the title. Not all total loss vehicles result in a DMV-reported branded title, like a Salvage or Junk title. See the glossary for more information.
Accident / Damage Indicator
Various events could indicate an accident or damage in a vehicle's history, such as: salvage auction, fire damage, police-reported accident, crash test vehicle, damage disclosure, collision repair facility and automotive recycler records. See the glossary for more information.
Hail Damage Title
The vehicle sustained major damage due to hail. In most states, hail damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.
Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
Standard Equipment
Power Windows, Power Steering, Air Conditioning, AM / FM CD, Power Brakes, 6-digit Odometer
Safety Options
4 wheel ABS, Dual front air bags/active (manual) belts
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CARFAX Vehicle History Report
2004 FERRARI 360 CHALLENGE STRADALE
VIN: ZFFDU57A540135905
COUPE
3.6L V8 FI DOHC 40V
REAR WHEEL DRIVE
Standard Equipment | Safety Options

Excell Auto Group, Inc.
990 South Rogers Circle
Suite # 4
Boca Raton, FL 33487
No accident/damage reported
No accident / damage reported to CARFAX
3 or more previous owners
Previous owners
Vehicle registration information
Types of owners: Corporate lease, Commercial, Personal
Service information available
Service records available
Vehicle history information available
Detailed records available
Last reported odometer reading/mileage
Last reported odometer reading
The CARFAX Xpert
This CARFAX Vehicle History Report is based only on information supplied to CARFAX and available as of 11/21/09 at 8:15 PM (EST). Other information about this vehicle, including problems, may not have been reported to CARFAX. Use this report as one important tool, along with a vehicle inspection and test drive, to make a better decision about your next used car.

Ownership History

The number of owners is estimated
Owner 1 Owner 2 Owner 3
Year purchased 2004  2005  2008 
Type of owner Corporate lease Commercial Personal
Estimated length of ownership 1 year  1 yr. 4 mo.  8 months 
Owned in the following states/provinces Florida  Florida  Montana 
Estimated miles driven per year --- --- ---
Last reported odometer reading 3,417   9,320   11,230  

Title History

CARFAX guarantees the information in this section
Owner 1 Owner 2 Owner 3
Salvage | Junk | Rebuilt | Fire | Flood | Hail | Lemon Guaranteed
No Problem
Guaranteed
No Problem
Guaranteed
No Problem
Not Actual Mileage | Exceeds Mechanical Limits Guaranteed
No Problem
Guaranteed
No Problem
Guaranteed
No Problem
GUARANTEED - None of these major title problems were reported by a state Department of Motor Vehicles (DMV). If you find that any of these title problems were reported by a DMV and not included in this report, CARFAX will buy this vehicle back.

Additional History

Not all accidents / issues are reported to CARFAX
Owner 1 Owner 2 Owner 3
Total Loss
No total loss reported to CARFAX.
No Issues Reported
No Issues Reported
No Issues Reported
Structural / Frame Damage
No structural / frame damage reported to CARFAX.
No Issues Reported
No Issues Reported
No Issues Reported
Airbag Deployment
No airbag deployment reported to CARFAX.
No Issues Reported
No Issues Reported
No Issues Reported
Odometer Rollback
No indication of an odometer rollback.
No Issues Indicated
No Issues Indicated
No Issues Indicated
Accident / Damage
No accidents or damage reported to CARFAX.
No Issues Reported
No Issues Reported
No Issues Reported
Manufacturer Recall
No open recalls reported to CARFAX.
No Recalls Reported
No Recalls Reported
No Recalls Reported
 

Detailed History

Owner 1
Purchased: 2004
Type: Corporate lease
Where: Florida
Est. miles/year: ---
Est. length owned: 2/4/04 - 2/8/05
(1 year)
Date: Mileage: Source: Comments:
02/04/2004     Florida
Motor Vehicle Dept.
Woodbury, CT  
Registered as
corporate lease vehicle
CARFAX Xpert
Don't be confused by the two locations in this record. The title was held in Woodbury, Connecticut but the car was registered to be driven in Florida.
02/04/2004   50   Florida
Motor Vehicle Dept.
Woodbury, CT
Title #0089865389  
Odometer reading reported
02/13/2004     Florida
Motor Vehicle Dept.
Woodbury, CT
Title #0089865389  
Title issued or updated
First owner reported
Loan or lien reported
Registered as lease vehicle
03/27/2004     US Customs   Vehicle exported from
Italy
and imported to
Miami, FL
02/08/2005   3,417   Dealer Inventory   Vehicle offered for sale
03/21/2005     Dealer Inventory   Vehicle sold
 
Owner 2
Purchased: 2005
Type: Commercial
Where: Florida
Est. miles/year: ---
Est. length owned: 4/28/05 - 9/19/06
(1 yr. 4 mo.)
Date: Mileage: Source: Comments:
04/28/2005     Florida
Motor Vehicle Dept.
Pompano Beach, FL
Title #0089865389  
Title issued or updated
Registration issued or renewed
New owner reported
Loan or lien reported
Registered as
commercial lease vehicle
Vehicle color noted as Red
05/03/2006     Florida
Motor Vehicle Dept.
Pompano Beach, FL
Title #0089865389  
Registration issued or renewed
Loan or lien reported
Registered as
commercial lease vehicle
Vehicle color noted as Red
09/06/2006     Shelton Ferrari Maserati
Fort Lauderdale, FL
954-626-5545
www.sheltonferrari.com
ww.sheltonferrari.c
om
 
Vehicle serviced
09/19/2006   8,792   Dealer Inventory   Vehicle offered for sale
12/13/2006     Shelton Ferrari Maserati
Fort Lauderdale, FL
954-626-5545
www.sheltonferrari.com
ww.sheltonferrari.c
om
 
Vehicle serviced
04/24/2007     Dealer Inventory   Vehicle sold
06/01/2007   9,150   Dealer Inventory   Vehicle offered for sale
07/05/2007     Dealer Inventory   Vehicle sold
07/13/2007     North Point Motorcars of Georgia
Atlanta, GA
770-394-4234
www.motorcarsofgeorgia.com
ww.motorcarsofgeorg
ia.com  
Vehicle offered for sale
07/27/2007     North Point Motorcars of Georgia
Atlanta, GA
770-394-4234
www.motorcarsofgeorgia.com
ww.motorcarsofgeorg
ia.com
 
Vehicle serviced
09/20/2007   9,158   Auto Auction   Sold at auction
in Pennsylvania
Listed as
a dealer vehicle
CARFAX Xpert
Dealers routinely buy and sell millions of used vehicles at auction each year.
09/25/2007     North Point Motorcars of Georgia
Atlanta, GA
770-394-4234
www.motorcarsofgeorgia.com
ww.motorcarsofgeorg
ia.com  
Vehicle sold
09/28/2007     Dealer Inventory   Vehicle sold
10/05/2007     Bentley Long Island/Champion Motor Group
Jericho, NY
516-367-9600
www.bentleylongisland.com
ww.bentleylongislan
d.com
 
Vehicle serviced
11/26/2007   9,318   Bentley Long Island/Champion Motor Group
Jericho, NY
516-367-9600
www.bentleylongisland.com
ww.bentleylongislan
d.com
 
Vehicle serviced
11/26/2007     Bentley Long Island/Champion Motor Group
Jericho, NY
516-367-9600
www.bentleylongisland.com
ww.bentleylongislan
d.com  
Vehicle sold
12/27/2007   9,320   Bentley Long Island/Champion Motor Group
Jericho, NY
516-367-9600
www.bentleylongisland.com
ww.bentleylongislan
d.com
 
Vehicle serviced
05/28/2008     Bentley Long Island/Champion Motor Group
Jericho, NY
516-367-9600
www.bentleylongisland.com
ww.bentleylongislan
d.com
 
Vehicle serviced
 
Owner 3
Purchased: 2008
Type: Personal
Where: Montana
Est. miles/year: ---
Est. length owned: 9/9/08 - 5/19/09
(8 months)
Date: Mileage: Source: Comments:
09/09/2008     Montana
Motor Vehicle Dept.
Drummond, MT  
Vehicle purchase reported
09/09/2008   9,425   Montana
Motor Vehicle Dept.
Drummond, MT
Title #H106180  
Title issued or updated
Registration issued or renewed
New owner reported
Vehicle color noted as Red
05/19/2009   10,950   Dealer Inventory   Vehicle offered for sale
10/29/2009     Dealer Inventory   Vehicle sold
11/13/2009   11,230   Online Listing   Vehicle offered for sale
11/21/2009     Ferrari North America   No open recalls reported
CARFAX Xpert
SmartBuyer Checklist - I've created a checklist of specific questions for you to ask the seller about this 2004 Ferrari 360 Challenge Stradale.
Print This Page Print this CARFAX Report and take it to your pre-purchase inspection
 
 

Glossary

Commercial
Vehicle was registered for business purposes.
First Owner
When the first owner(s) obtains a title from a Department of Motor Vehicles as proof of ownership.
Fleet Vehicle
Vehicle was registered or sold to a company that manages vehicle fleets.
Lease
When someone leases a car from a dealer, the dealer actually sells the vehicle to a leasing company. The leasing company then collects payments for the vehicle from the new owner for 24, 36, 48 or more months. A leasing company can be an independent car dealer or a car manufacturer.
New Owner Reported
When a vehicle is sold to a new owner, the Title must be transferred to the new owner(s) at a Department of Motor Vehicles.
Ownership History
CARFAX defines an owner as an individual or business that possesses and uses a vehicle. Not all title transactions represent changes in ownership. To provide estimated number of owners, CARFAX proprietary technology analyzes all the events in a vehicle history. Estimated ownership is available for vehicles manufactured after 1994 and titled solely in the US including Puerto Rico. Dealers sometimes opt to take ownership of a vehicle and are required to in the following states: Maine, Massachusetts, New Jersey, Ohio, Oklahoma, Pennsylvania and South Dakota. Please consider this as you review a vehicle's estimated ownership history.
Title Issued
A state issues a title to provide a vehicle owner with proof of ownership. Each title has a unique number. Each title or registration record on a CARFAX report does not necessarily indicate a change in ownership. In Canada, a registration and bill of sale are used as proof of ownership.
 
CARFAX DEPENDS ON ITS SOURCES FOR THE ACCURACY AND RELIABILITY OF ITS INFORMATION. THEREFORE, NO RESPONSIBILITY IS ASSUMED BY CARFAX OR ITS AGENTS FOR ERRORS OR OMISSIONS IN THIS REPORT. CARFAX FURTHER EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. CARFAX®

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