Car Fax is BS

[Mike_W]

I am leasing a Lexus IS300. I had it for two weeks, and then like a ***** I crashed it head on into a big tree.

Originally, the damage was estimated at $14,000. After 4 months went by, and all was said and done, it had cost over $26,000. The insurance company paid for everything.

I was told at every dealership I go to, they will not take this car because they are almost positive it has a salvage title, and they tell me my best bet is to wait until the lease is up and just turn it in. When I was buying my Viper, they told me that I would most likely have to pay Lexus more after I turned it in because frame damage will have made the car less valuable and they are going to charge me for that damage. I have come to terms with this.

I just did a carfax report, and it gave my Lexus (that has wind noise because the doors weren't adjusted properly) a buy back guarentee. It says it has never been in any accident, not minor nor major. Yeah ok.

So how does that buy back guarentee work exactly? heh

Mike

 

[Buckeye Viper]

My daily driver has been in about 3 accidents and has massive hale damage. According to carfax my car is flawless

 

[Jay Herbert]

So how does that buy back guarentee work exactly? heh

Mike

Not like you think They only offer to pay a percentage of the actual difference in value, or something like that.

 

[AviP]

CarFax has incomplete sources of input. No input = no output. If you are buying, save your money and get a good mechanic instead.

 

[ViperJoe]

There are no 'free lunches" er.....cars

 

[fred]

CarFax and AutoCheck are for advisory information only. Should not be your only source of info on a car. I find CarFax to be a ripoff in terms of what they charge you and, if you ever need to contact them (like in refunde) they will ignore you. Get a good mechanic and PPI.