Car Fax - how infallible ??

On 06 Jan 2005 22:49:50 GMT, (Conase) wrote:

>Read an article on Florida flood cars coming to PA for resale .
>They make Car Fax sound like it is INFALLIBLE.
>Can't people BYPASS Car Fax and sell flood cars ?
>
>They make it sound like once a car is FLOODED OUT or damaged in any other way
>that it ALWAYS ends up on Car Fax report. So you are always SAFE paying for a
>service like Car Fax when buying a car.
>
>1) True ?? I doubt it.
>
>2) WHERE does Car Fax get its info ? From the GOODWILL of the people reporting
>it to them or from LEGAL sources that are monitored ?
>
>TIA
CARFAX Certified History Terms and Definitions

CARFAX offers its customers the $5,000 CARFAX Certified
History guarantee to maximize protection against title
brands. Claims may be submitted per the following Terms and
Conditions:

CARFAX agrees to pay to the holder of a CARFAX Vehicle
History Report (the "Report") making a claim (the
"Claimant") ten percent (10%) of the Wholesale Value of the
vehicle to which the Report relates - up to a maximum of
$5,000 (or $1,000 if the Report was run on or before
January 18, 2001) - if:

The vehicle to which the Report relates has a clean
title history, qualifying it as a CARFAX Certified History,
but a Branded Title actually exists. A "Branded Title" is a
passenger motor vehicle ownership document issued by any of
the 50 states of the U.S. (or the District of Columbia) or
a passenger motor vehicle registration document issued by
any province of Canada (which may also be referred to
herein as a "Branded Registration") which was issued with
words or symbols signifying that the vehicle was: junked or
salvaged; dismantled, rebuilt or reconstructed; flood
damaged; fire damaged; hail damaged; bought back by its
manufacturer; odometer exceeds mechanical limits; odometer
was not actual mileage; declared a total loss (Canada
only); or which was issued with any other symbol or word
signifying a similar Brand.

Specifically excluded from the definition of "Branded
Title" a titles originally issued without a Brand but
later stamped with a Brand; salvage titles issued due to
theft; damage disclosure documents; and Branded Titles
issued in error and later corrected.

The following additional terms and conditions apply to
the Certified History guarantee:

1. The Claimant must provide a complete copy of the
Report with the Affidavit Claim Form. The Report must have
been run prior to the date the vehicle was purchased by the
Claimant. 2. For claims relating to Branded Titles issued
in the U.S., the Claimant must provide proof of ownership
of the vehicle in the form of a bill of sale and a title
issued by the motor vehicle agency of one of the 50 states
of the U. S. (or the District of Columbia). For claims
relating to Branded Registrations issued in Canada, the
Claimant must provide proof of ownership of the vehicle in
the form of a bill of sale and a registration from any of
the Canadian provinces. CARFAX will accept claims relating
to Branded Registrations issued in Canada, only if the
Report was run on or after February 13, 2003. 3. The
Claimant must provide a copy of the Branded Title or
Branded Registration, or an acceptable alternative,
certified by the issuing state/province authority. This
document must have been issued at least 60 days prior to
the date the Report was run. 4. CARFAX will review Claims
if the Branded Title was issued by a motor vehicle agency
from which CARFAX receives and loads data about Branded
Titles in regular monthly transmissions. 5. If, prior to
purchasing the vehicle, the Claimant knew, or should have
known, from a source other than CARFAX, of the existence of
a Branded Title for the Claimant's vehicle, CARFAX reserves
the right to reject the Claim. 6. In determining the amount
to be paid under the Certified History guarantee, CARFAX
will use the wholesale value of the vehicle reported by the
Kelley Blue Book within 30 days of receipt of the Claim. 7.
If the Report in question identifies one or more Branded
Titles, the Certified History guarantee will not apply,
even if other existing Branded Titles do not appear in the
Report. 8. CARFAX will accept only one Claim per Vehicle
Identification Number under the Certified History
guarantee, or any other CARFAX certification program. 9.
Each household or business may submit only one Claim per
calendar year. 10. The Certified History guarantee will
apply only if the vehicle to which the Report relates is an
automobile or light truck and was manufactured in model
year 1981 or later. 11. The Certified History guarantee
will expire three (3) years after the date of the first
Report run by or for the Claimant relating to the vehicle.
12. Employees of CARFAX and its affiliated companies, and
members of their families, are not eligible. 13. CARFAX
may, at any time and without prior notice, change the terms
of the Certified History guarantee, or discontinue the
Certified History guarantee. 14. The Certified History
guarantee will be governed by the laws of the Commonwealth
of Virginia.

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