I'm in the chicago area and I'm looking to buy this car from a local Chevy dealer:
2003 Camry LE Sedan 4 DR 2.4L L4 EFI DOHC 16V Equipment: Standard Mileage: 49,500 Asking price: $13KKelly Blue book (Trade in value - Good condition) is about $11K for my zip code (60004). Cosmetically the car is in excellent condition. The body has no rust, paint is in great shape with no scratches, dents or dings that I can see. The interior is also great, no fading, stains, rips or tears that I can see. It rides great, and I'm going to take it to a mechanic for an inspection.
The Chevy dealer will sell it to me for $12,300. They gave me a copy of it's Carfax report, and I'm wondering how to decipher it:
8/25/2003 Mileage: Source: NICB Comments: Vehicle manufactured and shipped to original dealer.9/04/2003 Mileage: 3 Source: Service Facility Comments: Vehicle serviced.
9/05/2003 Mileage: 3 Source: Dealer Inventory Kentucky Comments: Vehicle sold9/15/2003 Mileage: 3 Source: Kentucky Motor Vehicle Dept - Louisville, Kentucky Comments: Registered as a personal vehicle
9/18/2003 Mileage: 11 Source: Kentucky Motor Vehicle Dept - Louisville, Kentucky Comments: Title or registration issued. First owner reported. Loan or lien reported.2/25/2005 Mileage: 41,328 Source: Kentucky Motor Vehicle Dept - Cedar Rapids, IA Comments: Title or registration issued.
4/28/2005 Mileage: 49,391 Source: Auto Auction Comments: Sold at auction in Southeast Region. Listed as a fleet vehicle.4/29/2005 Mileage: 49,391 Source: Kentucky Motor Vehicle Dept - Elizabethtown, Kentucky Comments: Title or registration issued. New owner reported.
5/12/2005 Mileage: 49,398 Source: Auto Auction Comments: Sold at auction in Southeast Region. Listed as a dealer vehicle.5/312005 Mileage: 49,398 Source: Dealer Inventory - Lincolnwood, IL Comments: Vehicle offered for sale
2/24/2006 Mileage: 49,398 Source: Dealer Inventory - Palatine, IL Comments: Vehicle offered for sale3/10/2006 Mileage: 49,398 Source: Illinois Motor Vehicle Dept - Chicago, IL Comments: Title issued or updated. New owner reported.
Can anyone summarize this for me? This car has bounced around a few states, has been sold at auction twice, and has been offered for sale twice with some pretty long gaps in between. Any red flags here? Any help would be greatly appreciated. Thanks!
- Dave