Carfax Report

My dad is looking at this used car for his daily commuter. It's a good deal and appears to be in good shape. A private dealer is selling it and bought it off auction. It's a 2001 chevy impala with 36K miles. I did a carfax report and it says it was a commercial lease car (prob a salesman fleet car), and had one owner, and looks like was stolen once but recovered in NY. There are no records of damage or loss. What do you think? Should we be skeptical? The dealer said he will give us a one week money back guarantee in writing. If he don't like it in one week he will buy it back from us.....



12/05/2000 Massachusetts

Motor Vehicle Dept.

Mount Laurel, NJ

Registered as

commercial lease vehicle





01/10/2001 63 Massachusetts

Motor Vehicle Dept.

Mount Laurel, NJ

Title #AV382706

Title or registration issued

First owner reported

Loan or lien reported





10/29/2001 13,370 New Jersey

Motor Vehicle Dept.

Mount Laurel, NJ

Title #GS20013020145

Title issued or updated





03/23/2004 New York

Motor Vehicle Dept.

Title issued or updated

Vehicle recovered after theft





03/31/2004 New York

Motor Vehicle Dept.

Title issued or updated

Vehicle recovered after theft





12/29/2004 36,598 Auto Auction

Sold at auction

in Eastern Region

Listed as

a fleet vehicle
 
I'd be a little skeptical of a car that has been stolen, especially one that is outside of the 3yr/36k mile warranty. But, if it's a good deal, I'd have your mechanic do a complete inspection. If nothing else, that will give you some peace of mind.
 
One thing you may want to look at with the guarantee you're being offered - I'm not familiar with taxes in NJ (or the US for that matter) but technically if he were to buy it back you may have paid taxes on the car when ownership transferred to you. I'm pretty sure he wouldn't buy it back at a price that includes that tax. Also, isn't there a charge for ownership changing hands?



Sorry, I've got nothing to add about the actual Carfax report - would it show if there were repairs made to the car after being stolen?
 
Usually carfax wont show damage repairs. I had an accident that insurance paid $8000 to have repaired and 6 months later when i checked the carfax ABSOLUTELY NOTHING showed up for my car being damaged or anything the like. I would be a little skeptical on this particular car. Like OJ_GTI said the salesperson said "buy back" which probably means that you will be paying the taxes and fees, and did the dealer say buy back at the paid price or less their associated fees or depreciation?
 
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