CarFax is a Great Resource for Used Car Shoppers
Planning to buy a used car from a dealership or a private seller? CarFax reports are a great resource for shoppers looking to make an informed and good buy. Carfax is a website and a mobile app that provides potential buyers with valuable information on a vehicle’s history.
Carfax reports include critical automobile history information, like odometer readings, previous car accidents whether the auto has had a branded title marked “junk” or “salvage,” or if the vehicle has ever been registered as a company’s fleet vehicle. CarFax reports can also reveal if a vehicle has undergone major repairs or flood damages.
The information on a car’s Carfax report comes from a variety of sources. The main source of much of the data comes from public records aggregated from most state databases. Unlike many other resources for shoppers, Carfax is unique because it compiles data from multiple states and is able to be accessed very easily. Other resources for data come from insurance claims, police reports, dealerships, auto body and mechanic shops, and vehicle owners themselves.
Since its founding in 1984, Carfax has evolved from a very small operation with just over 10,000 records in their database to today in which it has over 15 billion records from over 91,000 individual source contributors. Today, requesting and receiving CarFax reports is very simple and affordable. While CarFax reports may not be provided by a private seller, many dealerships including Driver’s Auto Mart, share the information from a CarFax report with potential buyers.
Available to the public soon will be a new CarFax program called, myCARFAX, which is a free customer service to help car owners to keep track of routine maintenance and repairs. myCARFAX will also be a platform that sends users service alerts and vehicle recall information tailored to their vehicle.