Carfax Decipher

[nelsonob1]

Hi Guys,

I'm looking at buying a used vehicle and the carfax report shows a couple of ICVC collision notices without any monetary value. There is a third notice showing $3800 for vandalism.

I don't understand the first two collision reports without any damages costs.

Does anyone have any idea what they might mean?

Thx for the input.

[Stinky Buffalo]

Did you buy the CarFax yourself, or is it one the seller provided for you?

[Dean2]

First, if you didn't order the Carfax yourself, make sure the Carfax is legit. They are REALLY easy to create or alter electronically. Second Carfax has a direct line, as well as online tools, to verify authenticity and give interpretation info.

https://www.carfax.ca/vehicle-history-reports

https://support.carfax.ca/en/support/home



Canadian Support Number

1-866-835-8612

CARFAX Canada
100 Kellogg Lane, Suite #301
London, Ontario
N5W 0B4

media@carfax.ca

privacy@carfax.ca

[Trochu]

I just Googled it.....

What is a zero-dollar ( $0.00 ) claim?

-The claim has not yet been paid or settled;

-The insured did not follow through on a reported claim;

-The insurance company denied the claim;

-The insurance company recovered the cost of repairs from another insurance company after initially paying for the repairs;

-In instances of a total loss claim and/or vehicle being branded Salvage by ICBC, a $0.00 claim will be reported by ICBC;

-In rare circumstances, the insurance company offsets the claim amount by the amount recovered through the sale of the vehicle;

Link

[Hooter]

This is good info. I didn’t realize that Carfax reports could be altered and that there are so many reasons for a $0 claim.

Learn something new very day on this forum!