How do you know what you’re getting when you are buying a used car? No matter how honest the seller is, it is doubtful they will walk you through the complete history of their ownership of the vehicle and include every little bumper tap or fender bender along the way. If you’re buying from a dealership, odds are they won’t know every little detail about the car’s history either, no matter how knowledgeable the sales personnel are. This is where vehicle history reports come in handy.
Vehicle history reports contain detailed information on the car’s previous owners and title. This includes whether or not the car has been recorded as a junk, flood-damage or salvage title. It also has car insurance total-loss records, theft data, car accidents which have been reported to the police and open liens or existing car loans. Some vehicle history reports provide even more in-depth information on the service history of a used car, whether the car has been towed or impounded and any lemon law claims.
This information is supplied by National Motor Vehicle Title Information System (NMVITS). NMVITS is a federal database managed by the Department of Justice where the law requires all insurance providers and junkyards to report their information.
If you’re seeking information regarding a used vehicle, you won’t be able to access this database on your own. The Department of Justice has a short list of approved providers that utilize that use this information to generate their own reports which are then sold to consumers.
Some car dealerships provide the vehicle history report to you while you are in the process of buying a used car. You’ve heard the phrase “the customer is always right” before. Reports reveal that two-thirds of car buyers prefer to buy vehicles with disclosed histories. This is why car dealers take the extra step and obtain a history for each of the used vehicles they sell, as an added value for consumers like you.
Don’t roll the dice when purchasing a used car. Get the facts and obtain a vehicle history report. This way, you can make a fair and honest assessment regarding your vehicle of choice and buy with confidence.