UNDERSTANDING AN AUTOCHECK REPORT
What is a AutoCheck Report And
What Do I Need To Know?
A free AutoCheck vehicle history report is linked to every one of our vehicle listings. We do this because we believe that AutoCheck often provides information that is helpful to a pre-owned car shopper in making a decision. What many people do not know is that neither Carfax nor AutoCheck do vehicle inspections themselves, and have no way to verify the accuracy of the information they are reporting. Vehicle history reports can update and add new information at any time without notice, which is why we believe that a decision about purchasing a vehicle should be made based more on its current condition, rather than it’s past history.
CLEAN AUTOCHECK WITH NO ACCIDENTS
View DetailsNo accidents reported to AutoCheck simply means that AutoCheck has not received a report of any accidents. It does not mean that a vehicle has not been in an accident though, just that AutoCheck has no record of it. Accidents often go unreported to police and insurance companies, AutoCheck’s main sources for accident data. This is why we encourage our customers to consider a cars current condition, rather than it’s history.
ACCIDENT DAMAGE
View DetailsIn most cases, accidents are reported to AutoCheck through police reports. It does not matter the severity. Anytime the event is reported, it will appear on the vehicle history report. Why consider a vehicle with an accident report? Savings! A vehicle with a reported accident will typically sell for about 15% less than a vehicle with a “Clean AutoCheck. In short, a vehicle that might typically sell for $20,000, would likely be priced around $17,000. If you’re financing, it translates into a lower monthly payment. Every thousand equals a $20 savings, so a $3000 lower price would lower your monthly payment by $60.00. Remember, a vehicle with a “Clean AutoCheck” may still have been involved in an unreported collision. If and once reported, the AutoCheck report may be updated to include the previous accident.
STRUCTURAL DAMAGE
View DetailsWhen vehicles are returned to the manufacturer at the end of the lease, they are usually sent to auction where they are sold to licensed car dealers like us. Prior to being offered for sale, auctions perform a visual inspection, checking for any existing or prior damage. If the inspector notes the repair or replacement of any welded-on component of the vehicle, an announcement is typically made disclosing the repair. That announcement, typically “structural repair”, is often provided to vehicle history reporting services such as AutoCheck. While AutoCheck discloses this information as “structural damage”, the correct term in most cases is “structural repair”, which denotes the fact that the damage is no longer existing. Structural damage or repair has more to do with the location of the damage, as opposed to the severity. That’s because damage of less than 1 inch is still considered structural if it’s to a structural component of the vehicle. Common structural components which are easily damaged in even the most minor fender benders include the trunk floor, rocker panels (the panels that run along the bottom of the vehicle below the doors), and inner wheel housings. These panels are easily damaged in low speed collisions because they are virtually unprotected from even the slightest impact. Sometimes the damage isn’t even caused by an accident at all. Parking barriers, jacks, and automotive lifts can all cause structural damage. So the natural question is usually, “why should I consider purchasing a vehicle with a report of structural damage or repair? The reason is simple. Savings. Vehicles with reported structural damage are typically about 20-30% cheaper than a comparable vehicle with a “Clean AutoCheck”. That means that a vehicle that might typically sell for $20,000, could be priced at only $15,000. Not only would that $5000 save a customer about $100 per month based on a 5 year loan, but it also means a savvy used car buyer can purchase a newer vehicle with more remaining factory warranty.
AIRBAG DEPLOYED
View DetailsAirbags are designed to deploy even in low speed collisions, depending on the location of the impact. When an airbag is deployed, it must be replaced with a new airbag assembly, and it’s usually performed by a licensed repair facility. If any of our vehicles have a known airbag deployment record, we will notify you in writing.
OTHER DAMAGE REPORTED
View Details“Other Damage” more often than not means minor damage, dents, or scratches were reported to an insurance company, but no accident report was filed. “Other Damage” May also have been an accident where no police report was made. Savings on vehicles with “Other Damage” are typically less because the AutoCheck report reads “No Accidents Reported”.
MANUFACTURER BUYBACK/LEMON
View DetailsManufacturers offer a warranty on new vehicles. These warranties vary, and typically last a certain amount of time and/or miles. There are cases where a customer is dissatisfied with the vehicle they purchased and the manufacturer offers or agrees to reacquire “Buy Back / Lemon” the vehicle and give the customer a refund or a replacement vehicle. In many cases, the manufacturer is unable to verify the customer’s concern, but agrees to take the vehicle back in the interests of customer satisfaction. In other cases, a required part or software update may be unavailable. Buybacks always carry the balance of the factory warranty, and in some cases include an extended warranty on the repaired defect. A customer purchasing a vehicle that is a buyback will usually save around 25% or more, compared to a comparable vehicle without a buyback history. For example, a vehicle that might typically sell for $20,000, would likely be priced somewhere around $15,000. If you’re financing, that $5000 savings translates to a savings of about $100 per month.
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