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What is CARFAX?

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What Is a CARFAX History Report?

Finding your next vehicle can be difficult, especially when you’re not sure about what make or model you want. When you’re near Pleasanton, Fremont, or Newark, you’ll be able to browse our vast selection at Premier Nissan of Fremont, where you’re sure to find a vehicle that suits your needs. Once you’ve found a specific model, you’re going to want to go a step further by getting a CARFAX report, which will fill you in on the vehicle’s history.

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Why Research a Pre-Owned Vehicle?

When you’ve found a model that you’re excited about, it can be easy to jump straight into the financing process. You’re going to want to make sure that you take the time to thoroughly vet your next vehicle though, that way you can be sure it’s something you’ll want to drive every day for years to come. Generally, there are a few good sources that you’re going to want to take advantage of. You’ll want to make sure to check out consumer reviews so that you can get a better idea of what actual drivers think about the model. You’ll also want to thoroughly look through critical reviews so that you can see what the professionals think.

Understanding CARFAX

When you’re prepared to run a CARFAX report, you might be wondering just how extensive the program is. You’ll have access to important information like:

  • Estimated Miles Driven Per Year
  • Salvaged, Junked, Rebuilt, or Total Loss Info
  • Airbag Deployment
  • Warranty Information
  • Lease, Personal, or Taxi Use
  • Flood, Frame, and Hail Damage
  • Major Accidents
  • Last Reported Mileage
  • Multiple Owners
  • Recall Information
  • Length of Ownership for Pre-Owned Models
  • Service, Inspection, and Registration History
  • And More

If CARFAX does happen to make an error with their report, they also offer a guarantee that they’ll buy the vehicle back from you. To qualify, you must have registered the model within 90 days, have had the model for less than a year since the report, and the state vehicle motor agencies must have the branding information on file. CARFAX believes in honesty, which is why you can rest easy using their services. If they do happen to make an error, which is rare, they’ll be quick to fix the mistake.

Financing vs. Leasing

Once you’ve heavily researched the model that you’re interested in, you’ll have to decide what to do next. Generally, you’ll have to choose between either leasing and financing. While both have their distinct advantages, you’ll want to make sure that you know the difference.

  • Leasing: When you decide to lease a model, it’s similar to renting. This means that the dealership will still technically own the model while you use it, and you’ll have to return it when the lease is through. The main benefit of this comes through the fact that you can switch between models much more frequently, and you’ll also likely have lower monthly payments when compared to financing.
  • Financing: The main draw of financing is that you’ll own the model when you finish your monthly payments. If you love the model you choose, this can be a great option as you eventually won’t have to worry about any monthly payments outside of your insurance. It’s also a good idea if you plan to hand your vehicle down later.

 

It’s easy to get pre-qualified for your next model when you decide to finance with Premier Nissan of Fremont.

 

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