If you're planning to purchase a used vehicle, be certain to ask for a vehicle history report from the seller. A vehicle history report, like CarFax or AutoCheck, can help you make an informed decision and save money.
What information will you find in a vehicle history report?
A vehicle history report features information from a variety of sources such as the manufacturer, the police, the local government or department of motor vehicles and reputable repair shops. It's intended to reveal a complete history of the vehicle so that the seller cannot hide pertinent information, such as the number of previous owners, accidents or liens on the vehicle.
Details you might not think to ask about
According to U.S. government reports, almost 500,000 vehicles are sold every year with fraudulent odometer readings, resulting in billions of dollars lost by American consumers owing to misrepresentation and inflated pricing.
Many vehicles are damaged by natural disasters, such as hurricanes, flooding, hail and sandstorms. These damaged vehicles, especially newer vehicles with low mileage, are often refurbished and sold on as "nearly new" to unsuspecting buyers.
The vehicle history report will also provide information on the previous function of the vehicle, such as private use, leased or owned, used as a taxi or rideshare or part of a government fleet.
Beware of fake or fraudulent vehicle history reports
If you're looking to purchase a vehicle history report, do not go with a free option! It's unlikely to be legitimate. Instead, we recommend you use a reputable provider of these reports. They don't cost very much to generate, and they'll add a new level of confidence in the vehicle for buyers, perhaps expediting the sale.