CARFAX analyzes millions of used car listings to determine a vehicle's unique value, based on factors like ownership, service, and damage history, as well as local market variables.
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The graphic below shows all of the factors CARFAX takes into consideration when calculating fair market value for each individual vehicle.
How do events in a vehicle’s history impact value?
Listen to CARFAX's team discuss how CARFAX analyzes vehicle history data to determine the CARFAX History-Based Value.
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A Vehicle's History Impacts Its Value
CARFAX analyzes millions of used car listings to determine a vehicle's unique value, based on factors like ownership, service, and damage history, as well as local market variables. CARFAX's History-Based Value is routinely updated with the most recent, real-time market data giving you confidence that your total loss payouts are accurate and claims professionals aren't overpaying on a claim.
1000s of dealers, lenders, consumers and insurers use CARFAX's History-Based Value to determine the most accurate value for any given used vehicle.
CARFAX Vehicle History products and services are based only on information supplied to CARFAX. CARFAX does not have the complete history of every vehicle. Use the CARFAX search as one important tool, along with a vehicle inspection and test drive, to make a better decision about your next used car.
