Image Courtesy: Dr Keats
I'm absolutely speechless right about now. I almost made a $15,000 mistake a few months ago.
I was considering giving my car to my mother and buying a reliable used car for myself. I found a car I liked and went to the used car dealer to check it out. I liked the car but I had a bad feeling about the dealership. I took the car for a test drive and really liked the car...but something about the dealership just struck me as odd. I asked if they provided a Carfax report and they said yes and were more than happy to show it to me.
While watching the news last night, Fox 5 Atlanta reported on a story of a customer who purchased a 2004 Infiniti G35 from the dealer I almost bought a car from. He was told the car had never been in an accident and the car was bought at an auction in Florida and driven to Atlanta, GA.
He was given a copy of the Carfax report that showed the vehicle had not been in any prior accidents.
While the gentleman's wife was driving the car at about 50-60mph, the rim came off. Luckily, she was not hurt. When the car was taken in for repairs, it was determined that the car had sustained frame damage.
Fox 5 researched the dealership and found that 45 of the vehicles on the lot had reports of frame damage from the auction house. The frame damage showed up on the Autocheck reports but not on Carfax reports. Even if the dealer says they didn't check the Autocheck report, it was announced on the auction block.
Apparently, Carfax has not been able to work out a deal with the auction houses to get the missing information on their reports.
If you are in the market for a used car, you may need to check both the Autocheck report AND the Carfax report.
I'm so glad I went with my gut feeling and avoided making a $15,000 mistake. The gentleman in the story wasn't so lucky; he ended up selling his vehicle at a loss. It doesn't say whether or not he advised the new owner of the vehicle's history.
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