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 Cassette, Power Brakes, 6-digit Odometer
Safety Options
4 wheel ABS, Dual air bags front and sides/active (manual) belts
This CARFAX Vehicle History Report is based only on information supplied to CARFAX and available as of 11/22/09 at 9:51 AM (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.
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.
Accident reported
in Monmouth County
Involving front impact
It hit another motor vehicle
It hit a curb
It hit a sign structure/post
Vehicle ran off the road
Vehicle towed
Low mileage! This owner drove an estimated 13,870 miles per year, lower than the industry average of 15,000 miles. These vehicles can be a better value.
Date:
Mileage:
Source:
Comments:
09/15/2006
135,292
North Carolina
Motor Vehicle Dept.
Raleigh, NC
Title #771786062586073
Registration issued or renewed
New owner reported
Passed safety inspection
01/18/2007
138,227
North Carolina
Inspection Station
Raleigh, NC
Passed emissions inspection
08/13/2007
North Carolina
Motor Vehicle Dept.
Raleigh, NC
Title #771786062586073
Registration issued or renewed
Passed safety inspection
01/23/2008
154,400
North Carolina
Inspection Station
Raleigh, NC
Passed emissions inspection
08/14/2008
North Carolina
Motor Vehicle Dept.
Apex, NC
Title #771786062586073
Registration issued or renewed
Passed safety inspection
09/04/2008
North Carolina
Motor Vehicle Dept.
Apex, NC
Registration updated when owner moved
the vehicle to a new location
01/24/2009
168,400
North Carolina
Inspection Station
Apex, NC
Passed emissions inspection
02/09/2009
168,746
Auto Auction
Sold at auction
in Southeast Region
Listed as
a dealer vehicle
Dealers routinely buy and sell millions of used vehicles at auction each year.
03/10/2009
Online Listing
Vehicle offered for sale
09/18/2009
Texas
Motor Vehicle Dept.
San Antonio, TX
Title #01521640064155123
Title issued or updated
Dealer took title of this vehicle
while it was in inventory
SmartBuyer Checklist - I've created a checklist
of specific questions for you to ask the seller about this 1998 BMW M3.
CARFAX receives information about accidents in all 50 states, the District of Columbia and Canada. Different information in a vehicle's history can indicate an accident or damage, such as: salvage auction, fire damage, police-reported accident, crash test vehicle, damage disclosure, collision repair facility and automotive recycler records. Not every accident or damage event is reported and not all reported are provided to CARFAX. Details about the accident or damage event when reported to CARFAX (e.g. severity, impact location, airbag deployment) are included on the Vehicle History Report. CARFAX recommends you obtain a vehicle inspection from your dealer or an independent mechanic.
According to the National Safety Council, Injury Facts, 2007 edition, 7% of the 245 million registered vehicles in the U.S. were involved in an accident in 2005. Over 75% of these were considered minor or moderate.
CARFAX depends on many sources for its accident / damage data. CARFAX can only report what is in our database on 22.Nov.2009 08:51:14. New data will result in a change to this report.
New Jersey Police Reports:
Do not include an assessment of damage severity
Are required if the estimated damage exceeds $500
Are released biannually to CARFAX in November and June
First Owner
When the first owner(s) obtains a title from a Department of Motor Vehicles as proof of ownership.
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®
Ownership History
Owners 1-2
