I tend to take carfax reports with a grain of salt. I recently looked at a car on a dealer’s lot that showed 56k miles; however, the carfax report, which had very detailed service records, showed the vehicle only had around 30k. Neither the dealer or carfax could explain the discrepancy, but the report was obviously inaccurate.
Agree. I have looked at Car Fax reports that are clean and then looked at a CLUE reports that shows the car was in an accident and damages were paid. Quite frankly, when I am buying a used car I juist run a CLUE report.
Agree with wvagt. There is A LOT of work done without reporting to CarFax. I once purchased a car and later found out that it was in an accident despite this not being on the CarFax. Also know of many instances from a few of the “lower tier” drivers I know where the mechanic won’t report to CarFax if paid cash for the repair.
If the data is never put in the system, the product is no good!
Imagine the frustration of having an underwriter suggest that your premiums should be higher as a result of carfax activity. Its interesting enough explaining how ones credit can effect the rate by over a 100% with some carriers.
first of all, we know that the carfax is not accurate. it can not tell you if the car did get fixed for the accident. it does not tell you who actually caused the damage. it gives basic info, and i mean basic… now, credit… i disagree… credit supposedly identifies folks that are more likely to file a claim to get their car fixed. when in actuality, it’s your driving records are the mroe tendancy to actually get a vehicle fixed. if i am credit savvy, i’d have better rates and even when i get an accident, my rate will not go up as much as someone who had a better credit report. in most cases, i still remain in the same company placement or tier. it’s usually after the second one that that will more likely change. i could have had a bad credit because of divorces or trying to get a loan for a car or house, and then my number sucks, and then more likely to have a higher rate, even with a good record of driving. then when i get that accident, my rates will go up even higher… credit?! bad use!! driving records are more likely to show a claim possibly coming…
I tend to take carfax reports with a grain of salt. I recently looked at a car on a dealer’s lot that showed 56k miles; however, the carfax report, which had very detailed service records, showed the vehicle only had around 30k. Neither the dealer or carfax could explain the discrepancy, but the report was obviously inaccurate.
Agree. I have looked at Car Fax reports that are clean and then looked at a CLUE reports that shows the car was in an accident and damages were paid. Quite frankly, when I am buying a used car I juist run a CLUE report.
Agree with wvagt. There is A LOT of work done without reporting to CarFax. I once purchased a car and later found out that it was in an accident despite this not being on the CarFax. Also know of many instances from a few of the “lower tier” drivers I know where the mechanic won’t report to CarFax if paid cash for the repair.
If the data is never put in the system, the product is no good!
GIGO. I do not think we have the technology or manpower to micro-manage each vehicle on the road. This is being pushed to the very limit…
Imagine the frustration of having an underwriter suggest that your premiums should be higher as a result of carfax activity. Its interesting enough explaining how ones credit can effect the rate by over a 100% with some carriers.
first of all, we know that the carfax is not accurate. it can not tell you if the car did get fixed for the accident. it does not tell you who actually caused the damage. it gives basic info, and i mean basic… now, credit… i disagree… credit supposedly identifies folks that are more likely to file a claim to get their car fixed. when in actuality, it’s your driving records are the mroe tendancy to actually get a vehicle fixed. if i am credit savvy, i’d have better rates and even when i get an accident, my rate will not go up as much as someone who had a better credit report. in most cases, i still remain in the same company placement or tier. it’s usually after the second one that that will more likely change. i could have had a bad credit because of divorces or trying to get a loan for a car or house, and then my number sucks, and then more likely to have a higher rate, even with a good record of driving. then when i get that accident, my rates will go up even higher… credit?! bad use!! driving records are more likely to show a claim possibly coming…