Published November 23 2021

A CARFAX vehicle history report provides three critical elements when buying a used vehicle

Buying a used vehicle can be stressful there is no question about that. If you would like to get as much information as possible about the vehicle that you are about to buy, a CARFAX vehicle history report is the solution. Here are three elements included in the CARFAX vehicle history report that will be particularly useful to anyone.

Vehicle lien information

If there is still money owed on the vehicle, it has a lien on it. This can be an outstanding loan from the previous owner. Sometimes, these loans transfer over to the new owner so for this fact alone and to not be stuck with somebody else's debt, a CARFAX vehicle history report pays for itself.

Vehicle recall information

Did you know that one in 5 Vehicles in Canada have an outstanding recall? Make sure that you are not buying one of those vehicles with a CARFAX vehicle history report which will tell you if a vehicle has a recall that hasn't been performed.

Accident history

It is always useful to know if a vehicle has been involved in an accident and the severity of that accident. A CARFAX vehicle history report will give you that information.