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CARFAX Vehicle History Report
2008 BMW 550I
VIN: WBANW53558CT50403
SEDAN 4 DR
4.8L V8 FI DOHC 32V
REAR WHEEL DRIVE
Branded title
Branded Title: Salvage
Sold at salvage auction
Sold at salvage auction
Airbag deployed
Airbag deployed
3 or more previous owners
4 Previous owners
Service information available
29 Service history records
Last reported odometer reading/mileage
Last reported odometer reading
Just say, Show Me the CARFAX!

This CARFAX Vehicle History Report is based only on information supplied to CARFAX and available as of 8/27/16 at 1:25:21 PM (EDT). Other information about this vehicle, including problems, may not have been reported to CARFAX. Use this report as one important tool, along with a vehicle inspection and test drive, to make a better decision about your next used car.
















Rebuilt/Reconstructed Title
A Rebuilt/Reconstructed vehicle is a salvage vehicle that has been repaired and restored to operation. These vehicles are often severely damaged before they are rebuilt and refurbished parts are typically used during reconstruction. In most states, an inspection of the vehicle is required before the vehicle is allowed to return to the road.












































Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.





































Total Loss
An insurance or fleet company declares a vehicle a total loss when a claim exceeds approximately 75% of its pre-damage value or if the vehicle is stolen and not recovered. This damage threshold varies by company. These companies typically take possession and obtain the title. Not all total loss vehicles result in a DMV-reported branded title, like a Salvage or Junk title. See the glossary for more information.








Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident. If an airbag has been deployed, it must be replaced by a qualified technician. Have this car inspected by a mechanic prior to purchase.






Manufacturer Recall
Automobile manufacturers issue recall notices to inform owners of car defects that have come to the manufacturer's attention. Recalls also suggest improvements that can be made to improve the safety of a particular vehicle. Most manufacturer recalls can be repaired at no cost to you.




























































Not Actual Mileage Title
When the seller certifies, under the Federal Odometer Act, that the odometer reading does not reflect the vehicle's actual mileage. This may occur because the odometer was tampered with, broken, or replaced.









Basic Warranty
Most manufacturers offer a basic warranty for new vehicles. These warranties vary by manufacturer and typically last for a certain amount of time and/or a set number of miles.

























Odometer Check
CARFAX analyzes mileage data to help identify potential:
  • Rollbacks - odometer tampering to conceal a car's true mileage (i.e. Fraud or illegal activity)
  • Rollovers - after reaching the maximum reading, the odometer restarts from zero (i.e. Mechanical or equipment limitation)
  • Inconsistencies - conflicting mileage data means CARFAX cannot determine if it's a potential rollback (i.e. Potential human error)






























Exceeds Mechanical Limits Title
A vehicle with a 5-digit odometer cannot accurately track mileage after 99,999 miles because the odometer rolls over. This title is the result of a seller certifying under the Federal Odometer Act, that the odometer reading EXCEEDS MECHANICAL LIMITS of the odometer.







Flood Damage Title
States issue flood titles when a vehicle has been in a flood or has received extensive water damage.
























Salvage Title
A Salvage Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle exceeds approximately 75% of its pre-damage value. This damage threshold may vary by state. Some states treat Junk titles the same as Salvage but the majority use this title to indicate that a vehicle is not road worthy and cannot be titled again in that state. The following eleven States also use Salvage titles to identify stolen vehicles - AZ, FL, GA, IL, MD, MN, NJ, NM, NY, OK and OR.


Basic Warranty
Most manufacturers offer a basic warranty for new vehicles. These warranties vary by manufacturer and typically last for a certain amount of time and/or a set number of miles.














Total Loss
An insurance or fleet company declares a vehicle a total loss when a claim exceeds approximately 75% of its pre-damage value or if the vehicle is stolen and not recovered. This damage threshold varies by company. These companies typically take possession and obtain the title. Not all total loss vehicles result in a DMV-reported branded title, like a Salvage or Junk title. See the glossary for more information.







Accident / Damage Indicator
Various events could indicate an accident or damage in a vehicle's history, such as: salvage auction, fire damage, police-reported accident, crash test vehicle, damage disclosure, collision repair facility and automotive recycler records. See the glossary for more information.
Structural Damage
All levels of accidents, from minor to severe, can cause structural damage to a vehicle (i.e., damage to the frame or unibody).










Dismantled Title
The vehicle sustained major damage to one or more major component parts and the cost of repairing the vehicle for safe operation exceeds its fair market value. When a Dismantled title is issued, the vehicle may be used only for parts or scrap metal. It cannot be re-titled or returned to the road.







Dismantled Title
The vehicle sustained major damage to one or more major component parts and the cost of repairing the vehicle for safe operation exceeds its fair market value. When a Dismantled title is issued, the vehicle may be used only for parts or scrap metal. It cannot be re-titled or returned to the road.









Structural Damage
All levels of accidents, from minor to severe, can cause structural damage to a vehicle (i.e., damage to the frame or unibody).
Loss Due To Fire Title
The vehicle sustained major damage due to fire. In most states, fire damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.



Odometer Check
CARFAX analyzes mileage data to help identify potential:
  • Rollbacks - odometer tampering to conceal a car's true mileage (i.e. Fraud or illegal activity)
  • Rollovers - after reaching the maximum reading, the odometer restarts from zero (i.e. Mechanical or equipment limitation)
  • Inconsistencies - conflicting mileage data means CARFAX cannot determine if it's a potential rollback (i.e. Potential human error)

































Hail Damage Title
The vehicle sustained major damage due to hail. In most states, hail damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.





























Accident / Damage Indicator
Various events could indicate an accident or damage in a vehicle's history, such as: salvage auction, fire damage, police-reported accident, crash test vehicle, damage disclosure, collision repair facility and automotive recycler records. See the glossary for more information.













































Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident. If an airbag has been deployed, it must be replaced by a qualified technician. Have this car inspected by a mechanic prior to purchase.
















Not Actual Mileage Title
When the seller certifies, under the Federal Odometer Act, that the odometer reading does not reflect the vehicle's actual mileage. This may occur because the odometer was tampered with, broken, or replaced.







Junk Title
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle exceeds approximately 75% of its pre-damage value. This damage threshold may vary by state. The majority of states use this title to indicate that a vehicle is not road worthy and cannot be titled again. Some states treat Junk titles the same as Salvage.











Loss Due To Fire Title
The vehicle sustained major damage due to fire. In most states, fire damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.










































Rebuilt/Reconstructed Title
A Rebuilt/Reconstructed vehicle is a salvage vehicle that has been repaired and restored to operation. These vehicles are often severely damaged before they are rebuilt and refurbished parts are typically used during reconstruction. In most states, an inspection of the vehicle is required before the vehicle is allowed to return to the road.



Manufacturer Recall
Automobile manufacturers issue recall notices to inform owners of car defects that have come to the manufacturer's attention. Recalls also suggest improvements that can be made to improve the safety of a particular vehicle. Most manufacturer recalls can be repaired at no cost to you.
























Manufacturer Buyback or Lemon Title
A DMV or a state agency marks an official document or issues a Manufacturer Buyback/Lemon title when a vehicle has been repurchased by the manufacturer. Not all states issue manufacturer buyback titles and the specific requirements for a lemon law vehicle varies by state.







Junk Title
A Junk Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle exceeds approximately 75% of its pre-damage value. This damage threshold may vary by state. The majority of states use this title to indicate that a vehicle is not road worthy and cannot be titled again. Some states treat Junk titles the same as Salvage.











Manufacturer Buyback or Lemon Title
A DMV or a state agency marks an official document or issues a Manufacturer Buyback/Lemon title when a vehicle has been repurchased by the manufacturer. Not all states issue manufacturer buyback titles and the specific requirements for a lemon law vehicle varies by state.
Hail Damage Title
The vehicle sustained major damage due to hail. In most states, hail damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.



Exceeds Mechanical Limits Title
A vehicle with a 5-digit odometer cannot accurately track mileage after 99,999 miles because the odometer rolls over. This title is the result of a seller certifying under the Federal Odometer Act, that the odometer reading EXCEEDS MECHANICAL LIMITS of the odometer.








Rebuilt/Reconstructed Title
A Rebuilt/Reconstructed vehicle is a salvage vehicle that has been repaired and restored to operation. These vehicles are often severely damaged before they are rebuilt and refurbished parts are typically used during reconstruction. In most states, an inspection of the vehicle is required before the vehicle is allowed to return to the road.










Rebuilt/Reconstructed Title
A Rebuilt/Reconstructed vehicle is a salvage vehicle that has been repaired and restored to operation. These vehicles are often severely damaged before they are rebuilt and refurbished parts are typically used during reconstruction. In most states, an inspection of the vehicle is required before the vehicle is allowed to return to the road.




Salvage Title
A Salvage Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle exceeds approximately 75% of its pre-damage value. This damage threshold may vary by state. Some states treat Junk titles the same as Salvage but the majority use this title to indicate that a vehicle is not road worthy and cannot be titled again in that state. The following eleven States also use Salvage titles to identify stolen vehicles - AZ, FL, GA, IL, MD, MN, NJ, NM, NY, OK and OR.











Ownership History

The number of owners is estimated

Owners 1-2 Owner 3 Owner 4
Year purchased2007 2010 2014 
Type of owner Personal Personal Personal
Estimated length of ownership3 years 3 yrs. 11 mo. 1 yr. 1 mo. 
Owned in the following states/provincesNew York New York North Carolina 
Estimated miles driven per yearSee Details 8,455/yr --- 
Last reported odometer reading33,964 60,522 68,000 

Title History

CARFAX guarantees the information in this section

Owners 1-2 Owner 3 Owner 4
Salvage | Junk | Rebuilt | Fire | Flood | Hail | Lemon No Problem No Problem Alert!
Problem Found
Not Actual Mileage | Exceeds Mechanical Limits No Problem No Problem No Problem

Alert! Severe problems were reported by a state Department of Motor Vehicles (DMV). This vehicle does not qualify for the CARFAX Buyback Guarantee.

Additional History

Not all accidents / issues are reported to CARFAX

Owners 1-2 Owner 3 Owner 4
Total Loss
Total loss reported on 10/22/2015.
No Issues Reported
No Issues Reported
Total Loss Reported
Structural Damage
No structural damage reported to CARFAX.
No Issues Reported
No Issues Reported
No Issues Reported
Airbag Deployment
Airbag deployment reported on 09/02/2015.
No Issues Reported
No Issues Reported
Airbag Deployment
Odometer Check
No indication of an odometer rollback.
No Issues Indicated
No Issues Indicated
No Issues Indicated
Accident / Damage
DMV title problems reported. Accidents reported on: 11/03/2012 and 09/02/2015. Vehicle sold at a salvage auction on 09/02/2015.
No Issues Reported
Accident Reported
Severe Damage
Manufacturer Recall
No open recalls reported to CARFAX. Check with an authorized BMW dealer for any open recalls.
No Recalls Reported
No Recalls Reported
No Recalls Reported

Detailed History

Owner 1
Purchased:2007
Type:Personal
Where:New York
Est. miles/year:13,657/yr
Est. length owned: 7/25/07 - 12/3/08 (1 yr. 4 mo.)
Date:Mileage:Source:Comments:
07/05/2007     US Customs Vehicle exported from
Germany
and imported to
Newark, NJ
07/23/2007   6   Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Pre-delivery inspection completed
Electrical system checked
Washed/detailed
07/25/2007     Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Vehicle sold
07/25/2007     New York
Motor Vehicle Dept.
Floral Park, NY
Title issued or updated
First owner reported
Titled or registered as
personal vehicle
03/10/2008     New York
Motor Vehicle Dept.
Floral Park, NY
Registration issued or renewed
Titled or registered as
personal vehicle
Passed safety inspection
10/03/2008   16,314   New York
Inspection Station
Emissions inspection performed
Passed safety inspection

View what was inspected

10/06/2008     Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Cabin air filter replaced/cleaned
Oil and filter changed
Safety inspection performed
Wiper(s) replaced
 
Owner 2
Purchased:2008
Type:Personal
Where:New York
Est. miles/year:9,901/yr
Est. length owned: 12/3/08 - 7/28/10 (1 yr. 7 mo.)
Date:Mileage:Source:Comments:
12/03/2008     New York
Motor Vehicle Dept.
Oceanside, NY
Title issued or updated
Registration issued or renewed
New owner reported
Titled or registered as
personal vehicle
Passed safety inspection
02/27/2009   19,931   Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Computer reprogrammed
Engine/powertrain computer/module checked
Fluids checked
Front brake pads replaced
Headliner removed and reinstalled
Rear brake pads replaced
Tail light assembly replaced
Tailgate/trunk lock replaced
11/16/2009   26,989   New York
Inspection Station
Emissions inspection performed
Passed safety inspection

View what was inspected

11/20/2009     Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Maintenance inspection completed
Brake fluid flushed/changed
Brake light bulb(s) replaced
Brakes checked
Cabin air filter replaced/cleaned
Fluids checked
Fog light assembly replaced
Front turn signal/parking bulb(s) replaced
Oil and filter changed
Safety inspection performed
Stabilizer bar links replaced
Steering/suspension checked
Wiper(s) replaced
01/08/2010     Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Vehicle serviced
05/10/2010   31,262   Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Maintenance inspection completed
Headlight bulb(s) replaced
07/28/2010   33,929   BMW
Certified Dealer
Westbury, NY
Offered for sale as a BMW Certified Pre-Owned Vehicle
Black exterior
Blue interior
07/29/2010   33,935   New York
Inspection Station
Passed safety inspection
Passed emissions inspection

View what was inspected

07/30/2010     Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Pre-delivery inspection completed
Fluids checked
Four tires balanced
Four tires mounted
Tire condition and pressure checked
Washed/detailed
Emissions inspection performed
08/04/2010     Rallye Motors, Inc.
Roslyn, NY
516-801-8800
rallyemotors.com
Vehicle serviced
09/16/2010   33,962   New York
Inspection Station
Passed safety inspection
Passed emissions inspection

View what was inspected

09/17/2010     Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Washed/detailed
Emissions inspection performed
09/17/2010   33,964   BMW
Certified Dealer
Westbury, NY
Sold as a BMW Certified Pre-Owned Vehicle
09/17/2010     New York
Motor Vehicle Dept.
Patchogue, NY
Registration issued or renewed
Titled or registered as
personal vehicle
Passed safety inspection
 
Owner 3
Purchased:2010
Type:Personal
Where:New York
Est. miles/year:8,455/yr
Est. length owned: 10/12/10 - 9/16/14 (3 yrs. 11 mo.)
Date:Mileage:Source:Comments:
10/12/2010     New York
Motor Vehicle Dept.
Patchogue, NY
Title issued or updated
New owner reported
Loan or lien reported
10/22/2010   35,549   Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Maintenance inspection completed
Battery/charging system checked
Brakes checked
Computer(s) checked
Drivability/performance checked
Rear brake pads replaced
Transmission checked
12/02/2010   36,899   Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Maintenance inspection completed
Recommended maintenance performed
Oil and filter changed
Wheel(s) repaired
04/01/2011   38,916   Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Maintenance inspection completed
Recommended maintenance performed
Intake silencer serviced
Oil and filter changed
05/24/2011     Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Drivability/performance checked
Steering/suspension checked
Wheels checked
06/10/2011     Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Drivability/performance checked
Engine checked
Vacuum pump replaced
Wheels checked
06/23/2011   38,917   Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Vehicle serviced
07/07/2011   40,995   Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Maintenance inspection completed
Computer(s) checked
Drivability/performance checked
Fuel pressure checked
07/28/2011   41,103   Inspection Co.
New York
Inspection performed
08/12/2011   42,071   Inspection Co.
New York
Inspection performed
09/20/2011     Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Maintenance inspection completed
Emissions or safety inspection performed
09/20/2011   43,185   New York
Inspection Station
Passed safety inspection
Passed emissions inspection

View what was inspected
02/15/2012   46,390   Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Drivability/performance checked
Engine/powertrain computer/module checked
Steering/suspension checked
04/07/2012   46,531   Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Engine checked
05/22/2012   47,595   Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Vehicle serviced
07/31/2012   49,458   Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Fluids checked
08/15/2012   50,041   Inspection Co.
New York
Inspection performed
08/27/2012     New York
Motor Vehicle Dept.
Smithtown, NY
Registration issued or renewed
Titled or registered as
personal vehicle
Passed safety inspection
Registration updated when owner moved
the vehicle to a new location
09/24/2012   51,381   New York
Inspection Station
Passed safety inspection
Passed emissions inspection

View what was inspected
11/03/2012   52,287   Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Alignment checked
Drivability/performance checked
Four wheel alignment performed
Steering/suspension checked
11/03/2012     New York
Damage Report
Accident reported
It hit a curb
12/17/2012   52,583   Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Drivability/performance checked
Seatbelts checked
Wheels checked
01/26/2013   53,622   Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Maintenance inspection completed
02/08/2013   53,624   Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Vehicle serviced
02/28/2013   54,219   Rallye Motors, Inc.
Roslyn, NY
516-801-8800
rallyemotors.com
Vehicle serviced
03/08/2013     Rallye BMW
Westbury, NY
516-393-0000
rallyebmw.com
Maintenance inspection completed
Washed/detailed
04/05/2013   55,259   Competition BMW
Saint James, NY
631-265-2208
competitionbmw.com
Fluids checked
Power steering pump replaced
Steering/suspension checked
04/30/2013     Rallye Motors, Inc.
Roslyn, NY
516-801-8800
rallyemotors.com
Vehicle serviced
10/04/2013   60,522   New York
Inspection Station
Passed safety inspection
Passed emissions inspection

View what was inspected
09/02/2014     New York
Motor Vehicle Dept.
Smithtown, NY
Registration issued or renewed
Titled or registered as
personal vehicle
Passed safety inspection
 
Owner 4
Purchased:2014
Type:Personal
Where:North Carolina
Est. length owned: 9/16/14 - 10/22/15 (1 yr. 1 mo.)
Date:Mileage:Source:Comments:
09/16/2014   68,000   North Carolina
Motor Vehicle Dept.
Raleigh, NC
Odometer reading reported
09/17/2014     North Carolina
Motor Vehicle Dept.
Raleigh, NC
Title #774597142605115
Title issued or updated
Registration issued or renewed
Title or registration issued
New owner reported
Loan or lien reported
09/02/2015     North Carolina
Damage Report
Accident reported
Vehicle involved in a rear-end collision
Minor to moderate front damage reported
Minor to moderate rear damage reported
Vehicle towed
Vehicle not drivable
Front airbag deployed CARFAX Airbag Tips
09/02/2015     Auto Auction Collision damage reported
Sold at salvage auction

CARFAX began reporting this information on 11/06/2015.

10/22/2015     North Carolina
Motor Vehicle Dept.
Title or registration issued
to insurance company
10/22/2015     North Carolina
Motor Vehicle Dept.
Dunn, NC
Title #409940152953904
TOTAL LOSS VEHICLE
SALVAGE TITLE/CERTIFICATE ISSUED
  • There are many reasons an insurance company will declare a vehicle a total loss. Have this vehicle inspected by a qualified technician before you buy. Learn more
11/21/2015     Vehicle Exporter Vehicle exported from
New York, NY
and imported to
Poti, Georgia
 
 

Glossary

Accident / Damage Indicator
CARFAX receives information about accidents in all 50 states, the District of Columbia and Canada. Different information in a vehicle's history can indicate an accident or damage, such as: salvage auction, fire damage, police-reported accident, crash test vehicle, damage disclosure, collision repair facility and automotive recycler records. Not every accident or damage event is reported and not all reported are provided to CARFAX. Details about the accident or damage event when reported to CARFAX (e.g. severity, impact location, airbag deployment) are included on the Vehicle History Report. CARFAX recommends you obtain a vehicle inspection from your dealer or an independent mechanic.
  • According to the National Safety Council, Injury Facts, 2015 edition, 8% of the 254 million registered vehicles in the U.S. were involved in an accident in 2013. Over 74% of these were considered minor or moderate.
  • CARFAX depends on many sources for its accident / damage data. CARFAX can only report what is in our database on 8/27/16 at 1:25:21 PM (EDT). New data will result in a change to this report.
New York Damage Reports:
  • Do not include an assessment of damage severity
  • Are required if the estimated damage exceeds $1000
North Carolina Damage Reports:
  • Provide an estimate of the extent of damage in its accident reports for the following:
    • SEVERE/TOTALED: The vehicle cannot be driven from the accident scene due to severe damage or an injury. This level of damage often results in a Salvage or Junk title.
    • MODERATE: The accident damage affects the operation of the vehicle and/or its parts. Examples include broken windows, trunk lids, doors, bumpers and tires.
    • MINOR: The accident damage does not affect the operation of the vehicle. Examples include dented bumpers, fenders, grills and body panels. This level of accident should not compromise vehicle safety.
    • NO DAMAGE: The vehicle was not damaged.
  • Are required if the estimated damage exceeds $1000
Airbag Deployment
Occurs when the driver, passenger or side airbag has been used or deployed during a crash or other incident. If an airbag has been deployed, it must be replaced by a qualified technician. Have this car inspected by a mechanic prior to purchase. Use CARFAX Airbag Tips to make sure this vehicle's airbag system is functional.
First Owner
When the first owner(s) obtains a title from a Department of Motor Vehicles as proof of ownership.
Inspections
Many states or counties require annual or biennial emissions and/or safety inspections. Odometer readings are collected at the time of the inspection.
New Owner Reported
When a vehicle is sold to a new owner, the Title must be transferred to the new owner(s) at a Department of Motor Vehicles.
Ownership History
CARFAX defines an owner as an individual or business that possesses and uses a vehicle. Not all title transactions represent changes in ownership. To provide estimated number of owners, CARFAX proprietary technology analyzes all the events in a vehicle history. Estimated ownership is available for vehicles manufactured after 1991 and titled solely in the US including Puerto Rico. Dealers sometimes opt to take ownership of a vehicle and are required to in the following states: Maine, Massachusetts, New Jersey, Ohio, Oklahoma, Pennsylvania and South Dakota. Please consider this as you review a vehicle's estimated ownership history.
Salvage Auction Record
Most vehicles sold at Salvage auctions were declared totaled by insurance companies. Most of these vehicles have sustained significant damage but there are some exceptions. For instance, recovered stolen vehicles are often declared a total loss regardless of the actual damage. Rebuilders and Recyclers purchase these vehicles at auction with intentions to rebuild them or dismantle them for parts.
Salvage Title
A Salvage Title is issued on a vehicle damaged to the extent that the cost of repairing the vehicle exceeds approximately 75% of its pre-damage value. This damage threshold may vary by state. Some states treat Junk titles the same as Salvage but the majority use this title to indicate that a vehicle is not road worthy and cannot be titled again in that state. The following eleven states also use Salvage titles to identify stolen vehicles - AZ, FL, GA, IL, MD, MN, NJ, NM, NY, OK and OR.
Title Issued
A state issues a title to provide a vehicle owner with proof of ownership. Each title has a unique number. Each title or registration record on a CARFAX report does not necessarily indicate a change in ownership. In Canada, a registration and bill of sale are used as proof of ownership.
Total Loss Vehicle
An insurance or fleet company declares a vehicle a total loss when a claim exceeds approximately 75% of its pre-damage value or if the vehicle is stolen and not recovered. This damage threshold varies by company. These companies typically take possession and obtain the title. Not all total loss vehicles result in a DMV-reported branded title. This may occur when an insurance company's definition of a total loss is different than the state DMV's definition for a branded title or when the owner of the vehicle is a self-insured company, like a fleet or rental company.
CARFAX DEPENDS ON ITS SOURCES FOR THE ACCURACY AND RELIABILITY OF ITS INFORMATION. THEREFORE, NO RESPONSIBILITY IS ASSUMED BY CARFAX OR ITS AGENTS FOR ERRORS OR OMISSIONS IN THIS REPORT. CARFAX FURTHER EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. CARFAX®

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