| If you are in the market to buy a used car, using | | | | 19. Odometer Readings - These may include readings |
| Carfax as a research tool is worth the investment. | | | | or title designations that the readings are not reliable |
| Carfax' history dates back to 1986 when it worked | | | | 20. Odometer Rollbacks - Some rollbacks are certified |
| closely with the Missouri Automobile Dealers | | | | while other irregular readings are highlighted with |
| Association, providing vehicle history reports to the | | | | suggestion for careful review |
| dealer market. By the end of 1993, Carfax obtained | | | | 21. Open Recalls - Many manufacturers report their |
| title information from nearly all fifty states. When the | | | | open recalls to Carfax |
| largest automobile database, the company offered all | | | | 22. Ownership Transfers |
| consumers the same instant access to vehicle history | | | | 23. Repairs - Like accidents, not all are reported, but a |
| reports that auto dealers, banks and other businesses | | | | significant number are, particularly when paid by an |
| were already subscribed to. | | | | extended warranty company |
| So what can Carfax provide you? | | | | 24. Stolen Vehicles |
| 1. When the car was built | | | | 25. Title Brands - Official state designations found on |
| 2. When and where the car was first registered | | | | the title such as Salvage, Flood, Lemon, and Junk |
| 3. When the first annual inspection was done | | | | 26. Title Numbers |
| 4. When the second annual inspection was done | | | | 27. Titling Activity - transfers, renewals, etc. |
| 5. When the car was registered in a new state | | | | 28. Vehicle Use - taxi, fleet, commercial, personal, rental |
| 6. When the car was offered for sale | | | | car and other uses are reported |
| 7. Accidents - Not all accidents are reported and not all | | | | Some information is not available on a report. Personal |
| reported accidents are included, but a substantial | | | | information such as names, telephone numbers and |
| number are listed | | | | addresses of owners is neither collected nor reported. |
| 8. Advisories - Carfax aggregates enough data on | | | | The Downside to Carfax, although small is: |
| most vehicles to infer certain events. When the | | | | 1. Accuracy -While most of the time the Carfax |
| inference is sufficiently strong Carfax will provide an | | | | reports are accurate, there can be some instances |
| advisory explaining the inference. | | | | where Carfax is not accurate. If you look at some of |
| 9. Airbag Deployment | | | | the consumer websites online (Consumer Reports, |
| 10. Auto Auction - Many vehicles are sold at auction | | | | Consumer Affairs), there are reports that some of the |
| and Carfax reports on these sales | | | | information Carfax provided was incorrect and ended |
| 11. Certified Pre-Owned Status - Many manufacturers | | | | up costing the buyer thousands of dollars. |
| report the cars they certify to Carfax | | | | 2. Seller's problems- Picture you're selling your car and |
| 12. Dates of activity - Most events shown on the | | | | you find out that Carfax is listing incorrect information - |
| report include a date of the event | | | | what do you do? Well according to some of the |
| 13. Emission Test Results | | | | consumer websites, not much. One site listed one |
| 14. Frame Damage - In addition to reporting accidents, | | | | story indicating the seller sent all his car records to |
| frequently frame damage is reported | | | | Carfax in order for them to update their information. |
| 15. Lease / Lien events | | | | However, Carfax refused. Therefore, it's better to |
| 16. Location - Most records include some indication of | | | | check your car's information sooner rather than later |
| the city and state of origin for the event | | | | to be sure it will not hurt you in the future when you |
| 17. Maintenance and Service Events - Like accidents, | | | | sell your own car. |
| not all are reported, but a significant number are | | | | While you never can be 100% sure about the |
| 18. Non-Branded Lemon - The manufacturer bought | | | | accuracy of the Carfax information, it well may be |
| back the vehicle as a courtesy instead of due to legal | | | | worth $30 to find out what is listed. More information is |
| requirement | | | | always better when you are buying a car. |