Carfax Adds More Data To Vehicle History Reports

GE Commercial Finance Fleet Services today announced that they will be reporting damage information on their fleet vehicles to Carfax for inclusion on Carfax Vehicle History Reports. GE Commercial Finance Fleet Services maintains thousands of cars throughout North America. Now, individuals purchasing off lease GE Commercial Finance Fleet Services’ vehicles can use this data to better understand a vehicle’s history and help guide a mechanical inspection before buying.

“We’ve been working with Carfax for a few years now to report service information on our fleet vehicles,” said Paul Seger, vice president of asset remarketing for GE Commercial Finance Fleet Services. “Including information we have about vehicles involved in accidents was a natural next step. We encourage anyone buying a used car to use this information to make sure the vehicle has been properly repaired.”

Since 2004, GE Commercial Finance Fleet Services and Carfax have partnered to bring valuable information to used car buyers and sellers. Their partnership led to previous studies showing that disclosure of vehicle history information through Carfax Vehicle History Reports may substantially raise the resale value of wholesale units.

“Buyers of GE fleet vehicles in the wholesale market have just hit the trifecta,” said Larry Gamache, communications director at Carfax. “They now have access to GE’s service information, these new prior damage records and, the bonus, a significant number of these cars will be Carfax One Owner vehicles. They should command a premium in the wholesale market as they’ll have huge curb appeal to consumers in the retail market.”

Posted under Automotive

This post was written by George Bounacos on September 25, 2006

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CARFAX Adds More Data, Now Reports Frame Damage

Carfax has expanded the damage information available in its Vehicle History Reports. Frame damage data now reported to Carfax alerts used car buyers and sellers that a vehicle’s frame may have been previously damaged. This information, when combined with an inspection by a certified mechanic, can be used to identify potentially unsafe vehicles.”We’re constantly on the lookout for new information that can help our customers find the car that’s right for them,” said Larry Gamache, communications director at Carfax. “It’s important to us that used car buyers know as much about a vehicle’s history as possible so they can take the appropriate measures to protect themselves.”

An improperly repaired frame can diminish the structural integrity of a vehicle and increase the risk of serious injury in an accident. It also may negatively affect the vehicle’s other safety features, such as seat belts and airbag deployment.

In addition to a vehicle history report, Carfax recommends having every vehicle inspected by a certified mechanic prior to purchase.

Posted under Automotive

This post was written by George Bounacos on August 9, 2005

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Consumers Get Free CARFAX Reports On Certified Hondas and Acuras

Used car shoppers looking for Honda and Acura Certified Pre-Owned (CPO) vehicles now have free access to Carfax Vehicle History Reports. Visitors to AutoTrader.com get on-the-spot vehicle history information direct from Carfax to make more informed buying decisions. Every Honda and Acura CPO vehicle comes with the exclusive Carfax Buyback Guarantee.”Our goal is to make Carfax Vehicle History Reports readily accessible to anyone shopping for a used car,” said Larry Gamache, communications director at Carfax. “We’re very excited to have Honda and Acura join the other leading CPO programs already offering free Carfax Reports on AutoTrader.com.”

Fourteen CPO programs have chosen Carfax as the exclusive provider of vehicle history reports. Free access to Carfax Vehicle History Reports for the manufacturers listed on AutoTrader.com is also available through each manufacturer Web site.

Posted under Customer Service

This post was written by George Bounacos on June 14, 2005

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