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buy an used with a history of stolen-recovered?

I am considering buying an used car. I test drove it; and the price was fair. Then I obtained the VIN and the plate information; and ran a carfax check. It turned out during the first ownership (a rental company), there was a record saying "Vehicle reported stolen" in 2010, then records of "Key(s) (re)programmed New key(s) cut","Vehicle purchase reported", "Registration issued or renewed, Loan or lien reported", and "Vehicle recovered after theft" in the following weeks. I really don't know what happened to this car 6 years ago during this incident. And I wanna seek advice if this history shall be of concern, since it was more than 6 years ago. Any comments and suggestions will be appreciated. Thanks!
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Best Answers
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Mr_Shiftright Member Posts: 64,481
I don't think it affects the car itself after all these years, but I suppose the CARFAX is kind of "branded" in a way, so that when you sell the car, if you plan to in the future, the new buyer might have the same questions as you do. How does your car's price compare to "book" values? If it's a good deal, then you've been compensated for the weird CARFAX anyway. If you're paying top retail, you might want to use the CARFAX to bargain down a bit more.
After a certain number of years and certain number of miles, all these CARFAX incidents mean less and less.5 -
Mr_Shiftright Member Posts: 64,481
Looks like the recovery occurred quite quickly after the theft, so I doubt the car was much damaged.5
Answers
How many miles?
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Edmunds Moderator
02/04/2010 Tennessee
Motor Vehicle Dept.
Vehicle reported stolen
02/15/2010 Baxter Ford West
Dodge
Elkhorn, NE
402-934-5656
baxterford.com
Key(s) (re)programmed
New key(s) cut
03/01/2010 Colorado
Motor Vehicle Dept.
Vehicle purchase reported
03/04/2010 Tennessee
Motor Vehicle Dept.
Tulsa, OK
Registration issued or renewed
Loan or lien reported
03/05/2010 Tennessee
Motor Vehicle Dept.
Vehicle recovered after theft