Today, there are more ways to uncover the history of a car than ever before, thanks to the diversification of vehicle history report technologies. One of the most common and widely-used reporting services is CARFAX™.
So what exactly is a CARFAX™ report? We’ll break it down for you here.
A CARFAX™ report is a glimpse into a vehicle’s past. It amalgamates information from insurance companies, law enforcement, auction houses and the Department of Motor Vehicles for a comprehensive breakdown of the vehicle in question. CARFAX™ employs a team of data analysts and collectors, who come together to add approximately 3.5 million records to their data library per day. Current CARFAX™ reports are compiled from a collection of over 15 billion vehicle records from around the world.
What does a CARFAX™ report say?
The CARFAX™ report will tell consumers everything they need to know about their vehicle based on what is currently available in the public record. This report is also called the Vehicle History Report. It includes information concerning repair and salvage history, odometer readings, the number of previous owners, reported accidents or collisions, details on if the vehicle was a fleet vehicle, emission inspection results, repossession history, manufacturer recalls and more.
Where does this data come from?
CARFAX™ combines data from over 92,000 sources. These sources include police and fire departments, collision repair facilities, original equipment manufacturers, vehicle rental companies, warranty companies, import and export companies and service centers.
Does a CARFAX™ report cost money?
The cost of a CARFAX™ report ranges from free to $69.99. You can access the free CARFAX™ report on the myCARFAX™ app. The free report provides information on the vehicle’s recalls, estimated repair costs and local repair options. This version does not include a Vehicle History Report. Inquisitive minds can purchase a single CARFAX™ Vehicle History Report for $39.99, five reports for $59.99 or unlimited reports (accessed within 60 days) for $69.99.
We at Bakersfield Mitsubishi recognize the importance of CARFAX™ reports in keeping consumers informed. Accordingly, we invite you to come to our dealership and check out our vehicles with CARFAX™.