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How to read a CARFAX Report

How To Read A CARFAX Report

A CARFAX Report helps you know more about a vehicle’s history. The first thing you will see is the report overview, which gives you some hints on what to look for in the rest of the report.

Number of Owners. A large number of owners can indicate issues like ongoing problems or possible fraud. On the other hand, many buyers consider one-owner cars to be a great value.

Accidents/damage reported to CARFAX. This will include any accidents or damage reported to CARFAX by police departments, insurance companies, and/or repair facilities. When damage repairs are reported to CARFAX, they appears on the CARFAX Report as well.

Type of ownership. This information can tell you how a vehicle was registered to be driven: Personal, commercial, rental or lease.

Last reported odometer reading. This information can help you spot odometer fraud or other inconsistencies.

Recall information pertaining to the specific vehicle. This information is provided to CARFAX by manufacturers and other agencies. Avoid a known issue by checking for recalls that affect the vehicle. These problems will usually be corrected by a dealer at no cost.

CARFAX History Impact. This helps you understand the value of a vehicle, based on information in the CARFAX Report. To use the CARFAX History Impact, add or subtract the value from the suggested retail price from a reliable price guide. Don’t use the asking price for the vehicle.

As you go further down the report, you can find sections including the CARFAX Price Calculator, ownership history, title history and detailed history.

3 thoughts on “How to read a CARFAX Report”

  1. My spouse and i felt very contented when Albert managed to deal with his research out of the ideas he received through your blog. It is now and again perplexing to just always be giving away information and facts that the others could have been selling. And we also already know we need the blog owner to be grateful to for this. Those illustrations you’ve made, the simple website menu, the friendships you assist to promote – it is mostly astounding, and it’s really helping our son and us recognize that this idea is enjoyable, and that’s exceptionally essential. Many thanks for everything!

  2. when the vehicle is worth less than average, how come it dosent tell us why? or what piece of information is the reason for the price adjustment

  3. I have carfax report said that a car had 2 owners but had 4 title numbers. I just want to know why. The car should have 4 owners but the report only showed two. Thank you very much.

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