Quote:
Originally Posted by OrangeJuleas
I've been thinking this way for a long time too. But it's not really a problem with CarFax, just the way that people use that information. Most people don't consider that the data they use was obtained and entered by people as well, and mistakes can be made or that bias can be added subconsciously. It lets people put their guard down, when they should initially be wary of making any large purchase. Then they end up not doing their research and ultimately end up unhappy.
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Not the point.
They see that little accident sign, they run away. Even worse if you trade in a car, you'll lose an easy 25-50% value. I've seen it. Sure, you say to them sell private but a lot people don't have the time or patience to do so. It's a big headache to sell private if you're not a car person.
But, the good thing about carfax is that it makes some cars dirt cheap due to the accident, but it sucks for the seller...