If you are in the market for a used car, you must get a Vehicle History Report AND have the car inspected by a certified mechanic on a lift. Do not buy a used car without these two very important pieces of information. Making an educated decision on a used car purchase can save you thousands of dollars. Don’t make a huge mistake. You have been warned!
1. Why You Need a Vehicle History Report
- It gives you a window into the car’s past.
- According to the US Government roughly a half million cars are sold with fraudulent odometer readings annually, costing used car buyers over a billion dollars. Our research indicates many more go unreported!
- The Office of Odometer Fraud Investigations has reported a sharp increase in odometer fraud. Elevated used car prices coupled with a tight supply of low-mileage used cars, has made odometer fraud more profitable than ever.
- Natural disasters such as Super Storm Sandy damaged over a quarter million cars! Many of these cars get cleaned up, rebuilt and put back on the market.
2. What is In a Vehicle History Report
A used car history report contains vehicle records including data from state DMV’s, auto auctions, manufacturers, car dealers, police reported accidents and repair shops. A history report may reveal more about that used car than the seller is willing to tell you.
An AutoCheck Report can reveal:
- Number of previous owners, when it was sold & what states it was sold in.
- Total loss, flooded, rebuilt wreck & salvage titles
- Accident data including airbag deployment
- Potential odometer rollback fraud
- Year, make, model, engine, location of manufacture and installed equipment
- Check if the car has been turned in under the “Lemon Law”
- Exclusive valuable auto auction data
- Indication if vehicle has been certified used, leased, rental, fleet or government vehicle
To get a better feel for what is contained in a report, click here to view a sample report. You’ll be able to go through all of the sections and see how all of the valuable information is presented.
3. Beware of “Free” Vehicle History Reports
Don’t be fooled by empty reports that just give you generic data on a VIN. Some sites out there ask you a bunch of questions to make it seem like they need information to give you a complete report. Don’t be tricked by this tactic! A real history report doesn’t need to know what state you are in.
Some sites out there will really try to make you think they are gathering information by having spinning wheels and status bars waste a bunch of time. These displays are just an illusion. Any legitimate report will be pulled in seconds from information in a database.
No free report will give you the information that you really need. They might give you a lot of information in a slick format but it is not the important information