[image] A wrong CARFAX report cost me $12K, driver says. What now? Before you depend on a CARFAX report, understand what you're getting.

So he paid retail price ($40K) and then traded it back in for $27.5K a month later. The trade-in was beat-down because of the CarFax. So the dealer sold the truck for a 15% profit, bought it back for 30% less a month later and will probably resell it for about $34K or a 15% profit on the buy-back. C…

First of all, when I buy a used vehicle, I don’t even bother with Carfax or any other similar “vehicle history report”. What’s important to me is the physical and functional condition of the vehicle at the time of sale, that the claimed mileage is legit, and that I can title and register the vehicl…

Data is data. Someone is lying about the report they got from CarFax. I see 2 possible things here. #1 - The Carfax report from the selling dealer actually did show a report that the accident was moderate and the airbags deployed, but they modified the report. #2 - Dealers selling cars will get a…

Put me on the list of those who don’t feel sorry for this guy. The price he paid for a used vehicle could have bought something nice new.

[image] VOLVO-V70: The price he paid for a used vehicle could have bought something nice new. +1 When you consider all of the money that he paid/lost over the space of about 1 month, he could easily have bought a brand-new vehicle with full warranty coverage.

The only thing I used Carfax for on my recent buy was to know where it spent it’s life before coming to me… And to see if any accidents were reported, doesn’t mean it was not ever wrecked, just means one was not reported… But the ones that showed a wreck and fixed (pictures still looked great, but n…

Well who knows but both may be correct. The dealer could have had an older carfax. If the guy would have paid the $40 or whatever for his own report it may have been updated. Either way, you choose to trade and taking the offer. Even for a perfect car, the dealer will find something wrong. Whet…

This whole thing is nonsense and it starts with the idea he’s out $12k. No dealer is going to give him the same amount he paid as a trade in, even if it’s only a month later. At least half of that amount is the cost of flipping that vehicle. The dealer buying it has costs and profit to consider. At …

A car fax being inaccurate……OMG that’s unthinkable :rofl: :rofl: :rofl:

Carfax wasn't factual for this guy

General Discussion

jtsanders September 1, 2024, 4:57pm 3

Different dealership, but what you say makes sense. The buyer had no patience and screwed himself out of $12,000 by selling the 4Runner rather than insisting of a take bake by the selling dealer. So what if he misses out on the Sequoia? There would have been others and if he worked fast enough he could have still bought the Sequoia he wanted.

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Carfax wasn't factual for this guy

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