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How to use CARFAX and Kelley Blue Book in buying or selling a car decision?

Since the day CARFAX vehicle history report was made available to public, consumers now can gain an insight of what was going on through a vehicle usage history. This is the day when certain unscrupulous used car dealerships that sell shady used cars feared of. These unscrupulous dealerships make tons of money buying and selling salvaged, previous major accident, lemon status "problem ridden car", government or financial institution seized cars that they bought from auto auction. These dealerships have been growing really big because the consumers did not know that they can have access to a vehicle history data. Since you already found our site, you have the power to help your friend and families from getting conned by those dealership.

Automobile consumers have been using CARFAX Vehicle History Report as essential source of evidence on a specific car history when buying or selling used car. Running a complete CARFAX report is the first step that people do after they scanned and select potential used cars. The detailed results from the report search and check help customers narrow down the number of potential cars that they are interested to pursue.

Kelley Blue Book help facilitate transactions between buyers and sellers by offering Kelley Blue Book used car value prices. This blue book value price can be used as your guidance for the "reasonable" market price for used cars with that make, model, year and option.

The vehicle history report that you pull out from CARFAX can be used to investigate that particular car information pertaining to a vehicle's title, registration and usage or driving habit of the previous owners.

A clean history record will have a positive effect on the car market value. A blemished record will have an adverse effect to the car resale value. Another important things to consider is to always do at least 100 plus points service inspection and ask for previous service maintenance and repair record. Using all of the above information you have a powerful car fact to back up your decision,

Sellers of used cars should at least run 1 car history report when they try to sell their vehicle. These are for their own safety precaution that there have been no reported problems on their vehicles. In many cases, some sellers got embarrased when their potential customers showed them CARFAX vehicle history report which listed the cars they were trying to sell were lemon.

As a buyer : when you see a clean record you are more confidence in the bargaining process for your dream car. This vehicle history report play an important role when you compare many identical vehicles, especially when the sellers are from far away. First, you need to enter the VIN number to our CARFAX Lemon Check from each car you found on the used cars classifieds from Internet, magazines, or newspapers. Next print them out to do a comparison. This car fact report should help you weed out many cars that have questionable records. Start from the car that has a perfect record and go step by step down to the car that has questionable record. Then just contact the person with the car that meet Kelley Blue Book value price range. If the car is located far away, you should ask for recent pictures of the car and a fax of the recent service maintenance receipt and mechanics note on the car. Then, determine the the car value worth based on all information you just gathered and compared to similar car that has similar history. Next, contact the owner to fill out missing information based on the vehicle history report. Finally, you need to decide the value weight you put on each car and start to bargain the car that has the best value.

As a buyer: you will be able to sell your car faster when you are upfront to the potential buyers. Do a used car history lemon check, you can buy either 1-single report if you don't need to buy a used car to replace your existing car or you can buy 30 days trial to unlimited report when you are going to replace your car with a preowned car. Show the print out report to potential buyer and explain potentially questionable records, such as lease, auction, commercial vehicle, finance status, discrepancies in the number of previous owner based on title transfer (a title transfer does not always mean a transfer of ownership, it can be an adding or substracting a personal individual or commercial business party name). Don't be unprepared when a potential buyer already print out his own Car Lemon History Check and Kelley Blue Book value estimation. Use the combination of the report and blue book values to determine the acceptable fair market value and be confidence when you stand your ground on your offer price.

Please read more discussion on Resale Value

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Auto News: Sweetened consumer incentives, enhanced vehicle lineups and an improving U.S. economy lifted new car and truck sales in last November, automakers reported - source: Business AP. Most analysts predicted sales of new cars and trucks to rise last month from October and a year ago thanks to hefty showroom bargains, which are likely to continue for the remainder of the year. Many automakers also improved incentives to end 2002 as they tried to meet year-end sales goals. Also helping, analysts and automakers said, is a strengthening economy that bodes well for business heading into 2004.

Since more people buying new cars, there are also more used cars offered for sale on the market. With Internet growing popularity consumers has been using Internet as the source for searching information, shopping products and services. Lemon History Check has been providing free CARFAX vehicle history report service via Internet since December 1996 - Carfax history. Consumers have been using CARFAX vehicle history report since 1996, which was the first year it is made available to consumers. With the Internet access, consumers can gain the same instant access to vehicle history reports, which was already available to used car dealers via fax since 1986.

The CARFAX database is the most comprehensive and accurate vehicle database in North America, containing 2.36 billion vehicle history records that are updated monthly - source, data provided and its meaning. Each record reveals information about a car's history, such as an odometer reading, date a salvage/junk title was issued, or if it was a rental car. The following are the data reported:

• Totaled in an accident / Salvaged
• Flood damage
• Odometer rollbacks
• Lemon histories
• Junked Titles
• State emissions inspection results
• Lien activity, and/or
• Vehicle use (taxi, rental, lease, etc.)
• Over the last year, CARFAX has added several enhancements to its report and to its user websites to better serve the needs of used car buyers and sellers. The Safety and Reliability Report is free with the purchase of Unlimited CARFAX History Reports and includes information such as: crash test results, safety recalls, reliability ratings, warranty information and more.
• CARFAX vehicle service report provide Safety data on the specific make, model, and year.
  This information will help you select a vehicle model that meets your expectations for safety and security. - Safety & Reliability Report
  • Crash Test Results - The National Highway Traffic Safety Administration (NHTSA) provides 3 different ratings - full-width frontal crash test, side impact crash test, and rollover resistance. The frontal crash test indicates how well the safety features and restraints will protect an occupant in a head-on collision. The side-impact test conveys the chance of a severe chest injury, while the rollover resistance rating estimates the risk of rolling over in a single vehicle crash
  • Crashworthiness - Insurance Institute for Highway Safety (IIHS) uses a frontal offset crash test to estimate the crashworthiness of a vehicle. These results are good indicators of how a frontal impact will structurally impact this Year, Make, Model.
  • Low Speed Damage Repair - IIHS conducts four 5 mph crash tests to assess bumper performance. These results convey how well this model's bumpers will protect the car body from damage in low-speed collisions.
  • Injury, Collision, & Theft rating index - sourced from the IIHS, Highway Loss Data Institute.
  • Safety Recalls - Print out of the manufacturer recall date, units potentially affected, NHTSA campaign number, defective part or component, and description of the recall campaign.
• Reliability data are shown on your CARFAX report.- Safety & Reliability Report
  Use this information to check how reliable a vehicle model is before you buy.
  • J.D. Power and Associates Power Ratings
  • Original Manufacturer Warranty
  • Reviews & Opinions
  • Awards. - Kelley Blue Book, Edmunds, Polk Automotive, and J.D. Power and Associates.

   

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