Other things that a history report will reveal are odometer inconsistencies and roll-backs, accident reports, insurance totaled, number of owners, and dates and location of ownership. All of these items will educate as to the car you are looking at, and may not be readily apparent to you as a buyer.
When reading your history report remember that warranty companies won't cover vehicles that have been heavily damaged, salvaged, or insurance totaled. This is a major consider for many people who are looking to spend more than just a few thousand dollars. Out-of warranty repairs on these cars can be particularly expensive, as many of the parts are computer chip based and problems are hard to diagnose. Most faulty parts in this area can't be repaired and must be replaced as well, so taking the time to educate yourself as to the history of the vehicle will be critical.
From a pricing standpoint, there are many resources to help you know whether the vehicle is priced properly. The first thing you should do is find out the price for which other similar cars are being sold, and what their value is. There are many resources for this type of information, not the least of which is the local market classified advertising section of the newspaper. Other online resources will help you to discover the current market prices for the vehicle you are interested in as well. Remember that local sources are best for this search, as the same car will have different prices in different areas of the country. For example if you are looking for a car in Utah County, you should search out Utah County auto prices.
In short, make sure to discover the vehicle's entire history, and search out the local prices for the vehicle in which you are interested.
Gregory Pontiac is a new and used utah county auto dealer in Utah County, Utah. Art Gib is a freelance writer.
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