How Much is a CarFax Report?
A car is a major expense for most people. When you buy a vehicle, you want to feel secure knowing that you’re making the right choice. You may want to know every major problem your vehicle has experienced and how many accidents it’s been in.
Smart shoppers know that looking at the CarFax report for a vehicle is a good idea, but you might not realize how the process works or how much you’ll have to spend to get a look at the report.
As long as you have a vehicle’s identification number, you can gather information about it via CarFax. The database stores a variety of information about the car, including things like smog reports and body repairs. CarFax combines the records so that you can gather the information you need to make a smart decision about buying a car.
So, how much is a CarFax report? One report is $39.99. You can also get 3 reports for $59.99 and six reports for $99.99. Learn more about what information your CarFax report will include and whether it’s worth it.
Does Every Vehicle Have a CarFax Vehicle History Report?
Not every vehicle has a CarFax report. Generally, these vehicle history reports are available for cars manufactured since 1981. That’s when the VIN became standard for cars and trucks. If a used car manufactured since the 1980s doesn’t have a VIN or CarFax report, something may be wrong.
What Information Can a CarFax Report Tell You?
Whether you get a CarFax vehicle history report or a different type of vehicle history report, you should gain access to a lot of information on a used car you’re thinking about buying.
This is vital information that will help you determine if you should buy a particular vehicle. In fact, you can learn a lot about a vehicle before you ever even see it in person. This is some of the information you can expect to find in the report:
Title Status
One of the most important things you’ll learn from the CarFax vehicle history report is the status of the vehicle’s title. You’ll want to know if the car has a salvage title, indicating that it’s been totaled in the past. Even if you can technically still drive the car, you may not be able to insure it. A salvage title also means that the car has a low resale value and that it might not necessarily be safe to drive.
A salvage title is not the only kind of title you should be looking for. You might also want to check for a title that lists flooding, which could indicate a variety of expensive issues.
A lemon title can also be informative. If the report says that the vehicle is a lemon, this means that the used car is probably not a good buy. Generally, the manufacturer buys back lemon cars because they’re not a good fit for the road. In many cases, the manufacturer has already recalled a vehicle, but it’s still on the road.
Suggested Value
At the top of a CarFax report, you may see the suggested value of the car. Additionally, the report will tell you which factors have affected its retail value. For example, the value may increase if the vehicle was only used as a personal car, but it may decrease if it was in an accident. You’ll see exactly what impacts the value so you can make an informed decision.
Maintenance Records
A car’s maintenance history is one of the best indicators that the previous owner took care of it. You can check maintenance records in the CarFax report sometimes, but not all routine maintenance or repairs are available. If the previous owner took the vehicle to the dealership for repairs, the maintenance is more likely to appear in the vehicle history report. You can even see where the previous owner took the car for repairs and maintenance.
The service history may include things like tire rotations, brake rotor replacements, transmission replacements, safety inspections, oil changes, and more. If you don’t see a thorough history, it could indicate that the mechanic didn’t report service or that the owner didn’t service the car.
Car Accidents
Next, you’ll see if the vehicle has been involved in any car accidents. If anyone has reported an accident to the insurance company, it will be on the report. Keep in mind that a minor accident may not be in the report. It’s always a good idea to ask questions about any accidents the car was involved in to learn more about previous repairs.
The CarFax report may be more thorough than the vehicle’s current owner. Not only can you see the accidents the car was involved in, but you can also assess the severity of the damage, the location of the damage, and how the mechanic repaired the damage. You’ll get a full record of structural damage as well.
Some facts about car accidents are important to know. For example, if the airbags were deployed in a previous accident, you need to know if they were replaced by a professional. If a professional hasn’t replaced the airbags, you could be at a higher risk of injury if you’re in an accident in the future.
Vehicle Recalls
While there are other ways to learn about vehicle recalls, the CarFax report can provide more insight into whether the previous owner took care of those recalls. If the previous owner didn’t take care of the recalls, you’ll need to bring your car to the dealership for a repair or replacement.
Previous Owners
It’s nice to know how many owners your car has had. Generally, a car with fewer owners is a better option than a car that’s had a lot of owners. A used car with fewer owners was likely taken care of better in the past. You can also see where the owners registered the car, which can be revealing. Cars kept in severe weather conditions may have components that wear down quickly.
Additionally, you may want to know if the previous owners used the car for business or if the car was a rental vehicle. The CarFax report can tell you how the previous owner used the vehicle. For instance, you probably want to know if the car was a police vehicle or a taxi.
Warranty Status
Even some sellers aren’t certain what kind of warranty a vehicle has. That’s because some people don’t realize that they’ve purchased an extended warranty. When you check the vehicle history report, you can see what kind of warranty is available and whether it’s still valid.
Odometer Readings
Have you ever wondered if a used car you purchased had its odometer rolled back? This means that somebody has rolled back the mileage so that you believe the car has fewer miles on it than it really does. This isn’t something that happens a lot, but you should still be aware if the mileage reading has changed at any point.
Where Does CarFax Get Its Information?
CarFax gathers information from a variety of sources, including insurance companies and even government agencies. Insurance agencies may provide information about car accidents, for instance. States can report information about the registration and title status. All the information is associated with the car’s VIN.
How Much Do You Have to Spend to Read a CarFax Report?
Getting access to the CarFax report is simple. You’ll access the report online via the CarFax website. If you’re shopping for a car on another listing website, the option to buy the CarFax report might be accessible on that website as well.
If you actually want to get your hands on a CarFax report, you should expect to spend some cash. According to CarFax, a single report costs $39.99. Of course, you might want to buy more than one CarFax report if you’re currently shopping for a car. You can get three CarFax vehicle history reports for $59.99 or six for $99.99. For those who want to buy a safe and reliable car, the information a report provides can be invaluable.
If you buy a used car from a dealership, you may not have to pay a thing for the report. The dealership may have a subscription service to CarFax or another vehicle history report service. If you ask for the report, the dealership will often hand over the car’s history at no additional cost to you.
Even a private seller might have a vehicle history report ready to share with you. A private seller who is motivated to sell the car may offer to pay for the report. Sometimes private sellers offer this report online, so you can see it before you even see the car in person.
What Should You Do After You Check the CarFax Report?
After you look over the report, you might have more questions about the vehicle. Talking to a private seller or dealer can provide more information about the vehicle. If the report brings up any questions, you can call the seller on the phone to discuss these issues.
Additionally, you can also test drive the car and bring it to a mechanic to make sure that the vehicle is still in good condition. A private seller or dealer should have no problem with allowing for an independent evaluation of the car. An inspection of the car is still just as important, even if you do receive a thorough vehicle history report.
Are There Alternatives to CarFax Reports?
CarFax is not the only tool available to help you learn about a vehicle’s history. For example, some people use AutoCheck. AutoCheck may be more affordable, but some buyers report that it’s less comprehensive than CarFax. Neither AutoCheck nor CarFax will catch everything, but AutoCheck has more limitations. If you want to save some money, you can use AutoCheck to narrow down the cars you’re considering.
If you’re looking for a free CarFax report, you can also check out the National Insurance Crime Bureau. All you need to do is enter the VIN. The free lookup service provides general information about a vehicle. For instance, you can determine if a car has been listed as stolen. This is not a thorough option, but it can help you rule out vehicles.
Are CarFax Reports Worth the Cost?
CarFax vehicle history reports do not include every bit of information about a car. Something could be missing from a report, which means that you could miss out on important information that would have otherwise stopped you from buying a car. In some cases, CarFax will give you an offer on a used car that you purchased because of missing information. There are no guarantees, but it may be an option if you find yourself stuck with a car you’re unhappy with.
In some cases, a CarFax report is worth the cost. While some people don’t like the idea of buying a vehicle history report, the information you find could prevent you from buying a car that you definitely don’t want. In fact, you might consider CarFax and other reporting options as a way to rule out vehicles in your search.
Elizabeth Rivelli is a freelance writer with more than three years of experience covering personal finance and insurance. She has extensive knowledge of various insurance lines, including car insurance and property insurance. Her byline has appeared in dozens of online finance publications, like The Balance, Investopedia, Reviews.com, Forbes, and Bankrate.
