Carfax is one of the most well-known names in the vehicle history report industry; in fact, a large majority of used or certified pre-owned vehicles come with a standard Carfax report these days, due to the company’s prolific reputation. The company was founded in 1984 in Missouri, but is currently headquartered in Virginia. It provides both private individuals and businesses with service records, accident reports, and other history on cars and light trucks that are sold in both America and Canada. Their information comes from over 90,000 sources across North America, including government agencies, auctions, registration records, inspections, warranty information, dealer reports, and service and repair facilities.
Like all vehicle history reporting services, Carfax relies on the accuracy of the reported information on any given car. If an accident or service was never recorded on an official document, then Carfax cannot show the entire picture of a vehicle’s history. For this reason, cars can be rated as higher than they should be by Carfax. This is something that can and does happen frequently, but at no fault of Carfax itself. In fact, Carfax itself warns consumers to use their service as one of many tools when choosing the best car to purchase.
Another complaint is that Carfax’s customer service seems to be lacking. An overwhelming number of consumers report disappointing or outright shoddy customer service when they tried to contact Carfax.
However, for the vehicle history reporting industry, there’s no denying that Carfax has the most sources, and the most information overall on a vehicle. They have the ability to check far more data to get an accurate picture of a vehicle’s history than just about every major competitor, and that leads them to presenting a longer list of information that can help compare vehicles more accurately. In addition to standard service and accident histories, Carfax can also provide information on title changes, odometer readings, and even information on whether the car was ever rented or leased out.
Carfax has the most sources, and the most accurate information overall on a vehicle, but the reports on the more expensive side.
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- Large database of sources that helps inform far more points on any given vehicle
- Most dealers or manufacturers offer a Carfax report for free when selling a vehicle
It’s hard to say if Carfax is worth it for the individual. If you can get a free report from the dealer, then by all means check out the information on the report. It’s likely to be the most detailed vehicle history report you can find from any company in the industry. While no company can promise 100% accuracy, Carfax comes as close as possible. But don’t skip the inspection or the test run on the word of the Carfax report; and if your dealer won’t offer you one for free, you may be better off sticking with the inspection and test drive results rather than shelling out for the expensive report that may not reveal the whole story anyway.
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