What Does a Used Car History Report Entail and Why Should You Have One?

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Buying a used vehicle is smart for a number of reasons—perhaps you’re on a budget or looking to invest in a vehicle that won’t depreciate dramatically upon purchase, and a used car history report is an easy way to find out if it’s a smart purchase in Indianapolis. Whatever the case is, you want to make sure that you’re actually getting a good deal when investing in a used vehicle. A smart way to check if your used prospect is a good one is to run a used car history report. Find out what this means below, then let us help you finance your next used car today!

What is a Used Car History Report?

A used car history report allows you to see important information regarding the accident, repair, and lemon law history of your prospective vehicle. By running the VIN, you can see which whether accidents that may have caused severe structural damage have occurred or other important incidents that you may not be able to pull information on in another way.

Which Type is Best For Your Needs? 

The two most common reports run are by Carfax and AutoCheck. Carfax has a reputation for being easy to read and extremely thorough, albeit expensive. If you’re checking multiple vehicles, AutoCheck allows you to purchase many more reports at a fraction of the cost. It depends on how close you are to narrowing down your options or how much time you’re willing to devote to sorting through the car report. Both are reputable and honorable sources for information on used vehicles. 

Why are Car History Reports Important?

It can be impossible to track down past owners or to find out all that has happened over a vehicle’s history, and before you make a major investment, you’ll want to be sure that you’re not putting money into a vehicle that will have costly repairs soon down the road or will cost you more than the vehicle is worth.

Explore Our Inventory of Used Cars Today

When you visit us, you’ll see just how vast our inventory of trusted used vehicles is. You’ll find us at Speedway Chevrolet in Indianapolis, IN. To give us a call for more information about used car history reports and to find out what we can do for you, reach us at 866-950-6810 or contact us to learn more.