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Carfax Value by VIN | Check How Much a Used Car is Worth

clock Updated: 1 month ago

Carfax Value by VIN | Check How Much a Used Car is Worth

When it comes to buying or selling a used car, understanding its value is crucial. Knowing the car’s worth aids in negotiation and ensures informed decision-making. In this guide, we’ll explore Carfax, a trusted vehicle history reporting service, and how it can be utilized to check the value of a used car. We’ll also introduce alternative options to check car value by vin.

Carfax value by VIN

To check the value of a used car and learn more about it with a comprehensive vehicle history report, you can simply input the VIN (Vehicle Identification Number). You would also need to enter your Zip Code. Then follow the on-screen instructions to get the results.

Screenshot taken from carfax.com
Screenshot taken from carfax.com

As a well-known provider of used car history reports, Carfax is an excellent starting point to get an idea of a car’s current value. It takes the following factors into account when providing used car values, which provide a more complete picture of what a car is worth:

  • Year, Make, Model, and Trim
  • Standard and Optional Features
  • Vehicle Condition
  • Number of Owners
  • Accidents History
  • Service History
  • Registration History
  • Open Recalls
  • Vehicle Use (Rental, Fleet, Personal)

In addition, you can access the following information when available:

Accident Data

Accident history
Damage severity
Damage location/ Point of impact
Records of damage repair
Airbag deployment
Structural damage

Service History

Oil changes
Tire rotations
Open recalls
Brake rotor replacement
Transmission replacement
Safety inspections

Type of Use

Personal vehicle
Rental vehicle
Leased vehicle
Commercial vehicle
Used as a taxi
Used as a police vehicle

Ownership History

1, 2, or 3+ previous owners
States/Provinces owned in
Length of ownership
Last reported mileage
Odometer rollback
Flood or lemon title

To learn more about what’s included in a Carfax Vehicle History Report, check this page →.

Factors influencing car value

Market Trends
Staying informed about current market trends is crucial when assessing the value of a used car. These trends can significantly influence how a vehicle is priced. Factors such as advancements in technology, changes in fuel efficiency standards, and shifts in consumer preferences all play a role in determining the perceived value of a car.

Seasonal Variations
Understanding seasonal variations is key to making strategic decisions in the used car market. Prices can fluctuate based on the time of year. For example, convertible cars may be priced higher during the summer when demand is high, while four-wheel-drive vehicles could see increased prices in the winter. Being aware of these seasonal patterns allows you to time your buying or selling decisions for optimal results.

Exploring alternative vehicle history providers

Simply getting a rough estimation of a used car on Carfax won’t cost you a dime. However, if you want to dig deep into a car’s details, you’ll need to pay for a report. Here’s the pricing:

  • $44.99 for a single Carfax report
  • $64.99 for three Carfax reports
  • $99.99 for six Carfax reports

It is pricey, for sure. If you’re looking for affordable reports, we’ve got you covered here! Below we’ll introduce two sites where you can acquire vehicle history reports and access car value information that won’t break the bank. They are powered by Bumper, an approved NMVTIS data provider.

Screenshot taken from VehicleHistory.gov

Read below to learn how you can obtain a report at an affordable price.

Option 1: BeenVerified

Why BeenVerified?

BeenVerified makes things easier. And with 10+ years of data expertise and more than 100 million searches performed, BeenVerified should be the place where you can perform VIN lookups. It aggregates public record information from a wide range of sources, providing a one-stop service.

Whether you’re selling a car, buying a car, or owning a car, you may access all the necessary information on BeenVerified. In addition, you also get access to BeenVerified’s other popular tools, including people search, address search, and much more.

To perform a VIN lookup, all you have to do is enter the VIN number and click Search. If you don’t have the VIN, search by license plate.

Then wait for BeenVerified to search its database and find the information that’s helpful for you. Once a report is ready, open it.

If you have any problems during your searches, feel free to contact their support team, available 7 days a week over phone or email:

support@beenverified.com
1-866-885-6480

Option 2: Bumper

Why Bumper?

Bumper offers a comprehensive range of market values, providing a holistic view of a vehicle’s worth and trade-in value based on its condition. Its market value data is extensively utilized by professionals and dealerships in the industry. By using Bumper, you can easily compare a vehicle’s value, taking into account its history, ownership, and various other factors.

Powered by government agencies such as NMVTIS and NHTSA, in addition to local data from your state’s Department of Motor Vehicles, Bumper VIN lookup should be your choice to look up a car’s accurate and most up-to-date information. To do this, simply enter the VIN into the search box and click SEARCH. If you have a VIN, select LICENSE PLATE LOOKUP and provide the information as required.

Then patiently wait for it to gather all the information available and combine it into a report. Once ready, unlock the report and locate the section where it displays useful information.

If you encounter any issues while using Bumper, do not hesitate to reach out to their support team.

support@bumper.com
1-332-225-9745

Wrapping up

When buying a used car, knowing its value helps in negotiating the price. Armed with this knowledge, you can ensure that you’re not overpaying for the vehicle. Similarly, as a seller, knowing the value of your car enables you to set a reasonable asking price that attracts potential buyers.

To access this sort of information, you can enter the VIN (Vehicle Identification Number) or license plate to get a report from Carfax. Alternatively, you can run a VIN lookup or license plate lookup on BeenVerified or Bumper. Both of them are approved NMVTIS data providers and give you access to comprehensive vehicle history reports.

exclamation-blueThere’s no guarantee you’ll find the information you’re looking for with the tools discussed in this article. They all source their information from publicly available data sources, such as county, state and federal courts, government departments, and police records, and those sources may contain incorrect or incomplete data. It’s illegal to use these tools to make decisions about employment, admission, consumer credit, insurance, tenant screening, or any other purpose that would require FCRA compliance. Read the Fair Credit Reporting Act to learn more....

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Sammi Liu

Writer

Greetings! I'm Sammi, and my journey as a content writer began right after graduation. While my initial academic focus was in Public Finance, I later pursued a major in English Literature. This diverse educational background has equipped me with a unique skill set that combines analytical thinking with a passion for creative expression.

My career path has led me to become a proficient content writer with a keen eye for research. Intensive training in Microsoft Office, coupled with a natural curiosity, has allowed me to incorporate design principles and advanced internet search techniques into my work seamlessly.

What truly sets me apart is my knack for research. I've dedicated time to mastering advanced internet search techniques, inspired by countless articles and video tutorials on the subject. This has transformed me into a seasoned researcher, skilled at uncovering reliable and valuable information.

In addition to my professional pursuits, I'm a tech enthusiast who stays current with the latest trends through YouTube. Listening to podcasts of various genres has been a hobby of mine, especially in every morning. I balance my professional life with an active one, enjoying badminton, table tennis, tennis, and yoga. On weekends, you'll find me lost in the pages of books in the local library or soaking in the beauty of nature on bike rides. I'm also passionate about culinary arts, frequently experimenting with recipes and crafting delightful beverages like smoothies.

About this article

round-success 27 Revisions

file-success Reviewed by BeenVerified

Sammi Liu

Writer

Greetings! I'm Sammi, and my journey as a content writer began right after graduation. While my initial academic focus was in Public Finance, I later pursued a major in English Literature. This diverse educational background has equipped me with a unique skill set that combines analytical thinking with a passion for creative expression. My career path has led me to become a proficient content writer with a keen ey [...]

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