OK my friend is going to get a car from his friend so we did a carfax report on it.
Under the Milage check accuracy
In the Truth in Milage Check it says Odometer Problems Reported by a DMV
So we go under the detailed reports and it states that the DMV issued a Exceeds Mechanical Limits Title
The advisor says "An EML title is issued when the owner discloses an odometer rollover to a DMV. Rollovers occur on vehicles with 5 digit odometers that go from 99,000 to 00,000 every 100,000 miles.
Under 2 differnt dates, 2 more Exceeds Mechanical Limits Titles were issued.
My friends question, does this pose a problem to him in the future like regarding insurance and such. Your help would be greatly appreciated.
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Carfax Report Question Exceeds Mechanical Limits Title Issued
#2
Posted 15 January 2006 - 10:24 AM
unlikely that it'll affect your insurance other than your premiums.
the older the car, the cheaper the shiet.
the older the car, the cheaper the shiet.
#3
Posted 15 January 2006 - 03:12 PM
i never heard of insurance going up cuz you have alot of miles?
is this true?
is this true?
#4
Posted 16 January 2006 - 09:49 PM
My friends question, does this pose a problem to him in the future like regarding insurance and such. Your help would be greatly appreciated.
insurance? nope.
insurance companies don't care about how many miles a car has..nor do they care about whether or not that reading is accurate.
these are the main factors taken into consideration when calculating premiums:
-age and gender of driver
-driving record on the streets
-car type and model
-geographic location
-how much you estimated to drive daily/weekly
the older the car, the cheaper the shiet.
generally, that's true. but it's not always the case.
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