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#4660230 - 02/08/18 05:57 PM How does CarFax Compensate shops?
fdcg27 Online   content


Registered: 09/25/09
Posts: 15843
Loc: OH
Information has value.
CF's selling of it in packaged reports of dubious value demonstrates this.
How does this vendor induce indie shops, dealer shops, body shops and insurers to provide information?
It what way does CF pay these various entities for access to the information upon which its business model depends?
_________________________
17 Forester 12K MSS 0W-20
12 Accord LX 86K PP 5W-20
09 Forester 95K M1HM 10W-30
01 Focus ZX3 118K PP 5W-20
96 Accord LX 104K T5 10W-30
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#4660231 - 02/08/18 05:58 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
Pajero Offline


Registered: 05/05/12
Posts: 953
Loc: Rio Rancho, NM
I can tell you how it benefits police departments!





Respectfully,

Pajero!
_________________________
Always remember "Planned obsolescence."

1994 Montero SR 3.5 DOHC, 133,xxx
Fram Ultra/ Snorkel with Pre-filter
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#4660238 - 02/08/18 06:06 PM Re: How does CarFax Compensate shops? [Re: Pajero]
fdcg27 Online   content


Registered: 09/25/09
Posts: 15843
Loc: OH
Originally Posted By: Pajero
I can tell you how it benefits police departments!





Respectfully,

Pajero!


Please share.
_________________________
17 Forester 12K MSS 0W-20
12 Accord LX 86K PP 5W-20
09 Forester 95K M1HM 10W-30
01 Focus ZX3 118K PP 5W-20
96 Accord LX 104K T5 10W-30
95 318i

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#4660248 - 02/08/18 06:15 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
SatinSilver Offline


Registered: 01/24/08
Posts: 10341
Loc: OH
I noticed a shop here that charges $20 for a CF report as part of their used car inspection service. Please see below. Thank you.

http://gear-oh.com/services/

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#4660277 - 02/08/18 06:43 PM Re: How does CarFax Compensate shops? [Re: SatinSilver]
fdcg27 Online   content


Registered: 09/25/09
Posts: 15843
Loc: OH
Originally Posted By: SatinSilver
I noticed a shop here that charges $20 for a CF report as part of their used car inspection service. Please see below. Thank you.

http://gear-oh.com/services/


Sounds groovy, but why would anyone pay extra for a CF when paying a shop to do a pre-purchase inspection when the shop should be able to spot any potential show-stoppers or drastic offering price reducers?
If you're willing to give a shop a hundred or two and the shop is competent, you'd have no need for any third party report of dubious accuracy.
_________________________
17 Forester 12K MSS 0W-20
12 Accord LX 86K PP 5W-20
09 Forester 95K M1HM 10W-30
01 Focus ZX3 118K PP 5W-20
96 Accord LX 104K T5 10W-30
95 318i

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#4660285 - 02/08/18 06:51 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
Nick1994 Offline


Registered: 02/19/13
Posts: 10310
Loc: Phoenix, AZ
I don't think shops send the information directly to CarFax. Shops likely use the same software for their estimating and transactions, which then gives CarFax information.

That's my idea at least
_________________________
2015 Hyundai Sonata 2.4L 81k Mobil 1 AFE 0w30 & OEM
2000 Toyota Camry 2.2L 229k Valvoline & Fram Ultra
1996 Jeep Cherokee 4.0L 146k Mobil 1 HM 10w40 & Fram Ultra

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#4660295 - 02/08/18 07:02 PM Re: How does CarFax Compensate shops? [Re: Nick1994]
fdcg27 Online   content


Registered: 09/25/09
Posts: 15843
Loc: OH
Okay, then how do these shops give up their rights to commercial information and how does the hosting estimator software vendor get paid by CF?
_________________________
17 Forester 12K MSS 0W-20
12 Accord LX 86K PP 5W-20
09 Forester 95K M1HM 10W-30
01 Focus ZX3 118K PP 5W-20
96 Accord LX 104K T5 10W-30
95 318i

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#4660300 - 02/08/18 07:08 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
pair of Blazers Offline


Registered: 09/10/05
Posts: 352
Loc: Empire State
I can tell you that CF info isn't always accurate.
I ran my 91's vin and it showed 2 owners, I have been the sole owner. It also shows 3 MVA's there was only 1 and I was rear ended.
most of their info comes from public record AFAIK
_________________________
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12 KIA Forte work - 16 Honda CRV Mom's - 14 Honda CRV G/F
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#4660305 - 02/08/18 07:13 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
Dave9 Offline


Registered: 08/28/17
Posts: 188
Loc: Cincinnati, USA
Originally Posted By: fdcg27
Originally Posted By: SatinSilver
I noticed a shop here that charges $20 for a CF report as part of their used car inspection service. Please see below. Thank you.

http://gear-oh.com/services/


Sounds groovy, but why would anyone pay extra for a CF when paying a shop to do a pre-purchase inspection when the shop should be able to spot any potential show-stoppers or drastic offering price reducers?
If you're willing to give a shop a hundred or two and the shop is competent, you'd have no need for any third party report of dubious accuracy.


You might still want the CF report. Even if a shop finds an acceptable to no level of problems preventing you from purchase, you may still want to know if there is a negative entry in a carfax report because that can affect its resale value.

In other words if the resale value loss you'd suffer is higher due to a negative CF report, you too should be paying a little less to buy it, unless it is a rare enough vehicle or you'd keep it forever so you Just Don't Care.


Edited by Dave9 (02/08/18 07:23 PM)

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#4660316 - 02/08/18 07:19 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
Dave9 Offline


Registered: 08/28/17
Posts: 188
Loc: Cincinnati, USA
Originally Posted By: fdcg27
Okay, then how do these shops give up their rights to commercial information and how does the hosting estimator software vendor get paid by CF?


Give up rights due to software EULAs which often contain statements like "share information with 3rd parties".

The software developer would get paid by CF the same as they would for anything else. They set up a drop point in a public park, tell CF where the hidden cellphone is, then use the cellphone to tell them which trash can to drop the payment into, and NO COPS! grin


Edited by Dave9 (02/08/18 07:21 PM)

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#4660380 - 02/08/18 08:25 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
Wolf359 Online   content


Registered: 04/27/12
Posts: 4898
Loc: MA
Originally Posted By: fdcg27
Originally Posted By: SatinSilver
I noticed a shop here that charges $20 for a CF report as part of their used car inspection service. Please see below. Thank you.

http://gear-oh.com/services/


Sounds groovy, but why would anyone pay extra for a CF when paying a shop to do a pre-purchase inspection when the shop should be able to spot any potential show-stoppers or drastic offering price reducers?
If you're willing to give a shop a hundred or two and the shop is competent, you'd have no need for any third party report of dubious accuracy.


Carfax does do a couple of things which is tell you the in service date of the car. That sorta lets you know when the manufacturer warranty expires. But carfax does miss things that Autocheck can pick up so I wouldn't use it as the only source. Last time I bought a car, I ran both. There used to be sites where you could get them at a discount, but I think the best deal now is to do a search on eBay for autocheck and you can find places selling both for $3-$6.

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#4660407 - 02/08/18 08:58 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
HoosierJeeper Offline


Registered: 11/23/16
Posts: 1276
Loc: WI
Neither Autocheck or Carfax picked up on the accident my 05 Durango was in while I owned it, lost faith in both after that.
_________________________
15 Jeep KL Limited V6: Formula Shell 5W20
07 LR3 SE V8: Maxlife 5W30
05 Jeep KJ Limited: PHM 5W30
96 Jeep XJ Country: STP HM 5W30 (winter)

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#4660466 - 02/08/18 10:12 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
3800Series Offline


Registered: 08/02/14
Posts: 1453
Loc: Gulf Coast, MS
People put away to much faith in these things, do they have a purpose? Yeah, I'm sure they do but it's not a tell all know all.

I can point you down the road to a great body shop that only deals with significant damage. They sell some vehicles on the side for the added revenue but not a single thing that leaves their shop has bad report. These things are easy to bypass if one would want to.

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#4660476 - 02/08/18 10:25 PM Re: How does CarFax Compensate shops? [Re: fdcg27]
Nick1994 Offline


Registered: 02/19/13
Posts: 10310
Loc: Phoenix, AZ
Originally Posted By: fdcg27
Okay, then how do these shops give up their rights to commercial information and how does the hosting estimator software vendor get paid by CF?
Customers and Dealerships pay CarFax for the information, so CarFax makes money that way.

Mechanics use Mitchell or AllData or whatever and CarFax probably pays Mitchell and AllData for the information. The only part mechanics would play in this is the transaction for the repairs completed. Check the box for new wipers, check the box for a transmission flush, check the box for a wheel alignment, the customer pays them and that's that.
_________________________
2015 Hyundai Sonata 2.4L 81k Mobil 1 AFE 0w30 & OEM
2000 Toyota Camry 2.2L 229k Valvoline & Fram Ultra
1996 Jeep Cherokee 4.0L 146k Mobil 1 HM 10w40 & Fram Ultra

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