Re: Carfax?
On 09/26/2009 07:22 AM, Elle wrote:
> AZ Nomad<aznoma...@PremoveOBthisOX.COM> wrote:
>> Both are the way to go. �Learning wether a car was used as a rental
>> car or totaled in an accident can be invaluable information.
>
> I agree with robb, Leftie and you. To share experience for the
> archives, about a year ago when I was looking at Craig's List cars,
> the Carfax report showed that about one-third had had odometer
> tampering. Many also had a salvage title. This information was not
> being disclosed by the sellers. Also, a salvage title is important not
> because it is a clue to look for damage, a non-straight frame, etc. A
> salvage title is important because it means the car will not be fully
> insurable for damage to it in the future, regardless of the extent of
> repairs to the car in the past, because some insurance company
> somewhere has already paid out on the car for its full value.
paying full coverage insurance on an old vehicle is a fools game.
premiums outweigh the vehicle worth very quickly - and you lose your
vehicle in the event of all but the teeniest fender bender. save the
money and just get third party. then you can make your own decision on
whether to repair, and pay for it out of your savings.
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