
Eric of Sherman Oaks, CA on Sept. 24, 2010
I went to trade-in my vehicle and in the process of pulling up all my information, the dealership ran a Carfax.com report on my car. The information said that I was rear-ended and had my bumper replaced on my BMW. Based on this information, Carfax suggested that there was an $8,000 loss to my vehicle price! I nearly fell out of my seat when I heard this.
Here are the facts. My car was parked in a garage, my bumper was scraped. The person who scraped it left a note and paid for the damage, which was minimal. It was a faint scratch! Needless to say I took this person up on her offer. I have a high-end sports car and so does she. It cost $3,000 to fix the bumper. It's in mint condition and looking better than ever. The bumper was buffed and repainted. Apparently, the repair shop reported this claim to Carfax. Fine, but the details of the incident were not reported correctly. So here is what I am dealing with, an $8,000 loss on my trade-in plus another $3,000 to fix the bumper. That puts the total negative cost at $11,000. This is an atrocity that a faint scratch would cause this much financial stress because of an inaccurate Carfax report. I would have been better off never fixing my car and trading it in as is and taking a loss of a few thousand dollars instead of over 10 grand in losses.
This is an unconscionable act. I do not know how Carfax and these dealerships get away with this robbery of consumers. It is not fair that there is no other recourse with these people. They list no contact information, no address, email or number. I cannot get an explanation as to why this report exists. I don't know who the "expert" is that tells the dealership my car is worth $8000 LESS! The car is in perfect condition. And on top of that, the dealership has some sort of paint measuring device and gave me some excuse saying that the car has to go to auction since the bumper was painted. What consumer measures the paint on all panels of the car and demands an $8000 drop in price?
This tool costs $1,800. If I could knock $8000 off a car with that tool, sign me up. Carfax and the dealerships are a bunch of frauds, scam artists, cheaters and liars. What a disgrace that anyone has to interact with such unscrupulous people. They should all be jailed for participating in abhorrent schemes like this. We work too hard in this country for our money to be treated like this and have no recourse.