If you’re buying a used car in the near future, it’s important that you go through the process of reviewing the vehicle’s unique history and its performance over past years. For those that don’t have experience buying a vehicle, gaining access to the vehicle identification number can be important for a number of reasons. In this latest post, we’ll take a look at the importance of the vehicle identification number and what you can learn by using the number provided.
1. Has the Vehicle Been Stolen?
By looking at the vehicle’s VIN, you can learn whether the vehicle has been stolen in the past. You can look for any reports on the vehicle’s record of changes of ownership and determine whether the seller is the rightful owner of the vehicle. This can help prevent you losing money by paying for a stolen vehicle which is then reclaimed by the original owner.
2. Has the Vehicle Suffered Water Damage?
Water damage can have a significant impact on the vehicle, particular within its electronics system. By researching the vehicle using the VIN decode, you can determine whether the car has ever suffered water damage and when the repairs were made.
3. Has the Vehicle Suffered Fire Damage?
Past fire damage is another indicator that the vehicle is not in the ideal shape for purchase. Using the VIN, you can look to see whether the vehicle has been in a fire incident and what the impact of this incident was on the vehicle. If, for example, the vehicle’s engine caught fire and was repaired, this could indicate a major component problem that would lessen the value of the car.
4. How Many Owners Has the Vehicle Had?
The more owners a vehicle has had, the more likely there is to be strain on the vehicle and its parts. While this isn’t necessarily always the case, it’s important to review how many past owners have used the vehicle and how many kilometers they put on the vehicle. A long list of past owners could indicate the potential for significant repairs in the short team.
5. How Many Kilometers is on the Odometer?
If the kilometers within the vehicle’s VIN and the kilometers on the odometer don’t match, it may mean you’re either not buying your ideal vehicle or the person selling the vehicle isn’t being open about the vehicle’s age. Look to see how many kilometers are shown for the vehicle under its VIN to determine whether you’re able to achieve true value for money through your purchase.
6. How Many Insurance Claims on the Vehicle?
The number of insurance claims the vehicle has undergone can give you an idea on the vehicle’s performance and how it was treated by past owners. If the owner made several claims on the vehicle for theft or damage, there might be underlying problems with the vehicle components. It’s important that you learn more about the vehicle’s past insurance claims before you move forward with the purchase.
7. Has the Vehicle Been in Past Accidents?
The accident repair history of a vehicle is a crucial consideration to make before moving forward with a vehicle purchase. It’s important to note whether the vehicle has had any major repairs completed to its engine, bodywork or brake lines. The VIN will provide you with access to all of this required information so you can make the right choice on your vehicle purchase.
Make sure you’re choosing the right vehicle for your future driving needs. Carefully consider the options and research the vehicle’s VIN number to get all the details about your prospective vehicle.