I'm considering a 2004 Camry LE w/ 112k miles that seems a little bit suspiciously low priced (dealer is asking just under $7k). I haven't had a chance to see the car in person yet, and am wondering if it's worth the drive (about 4 hours each way).
I looked up the CarFAX and I'm a little confused - the dealer told me it's a 2-owner car, with the 2nd owner owning it for 80k miles and trading it in for a 2009 Camry. Looking at the CarFAX, it states it's a one owner vehicle and was owned as a rental. The last reported odo reading is 30k. I know CarFAX only gets what's reported to a DMV but I thought title transfer would HAVE to be reported to a DMV? And I don't think it's a lag in information since the transfer would have taken place in '05 (when CarFAX says the vehicle is sold). Am I missing something?
Pardon the formatting, not sure the best way to paste the information here.
Vehicle Information:
2004 TOYOTA CAMRY LE/XLE/SE VIN: ***** SEDAN 4 DR 2.4L L4 FI DOHC 16V FRONT WHEEL DRIVE

No accident / damage reported to CARFAX CARFAX 1-Owner vehicle Rental vehicle Last owned in Ohio 10 Detailed records available 30,071 Last reported odometer reading
A CARFAX Vehicle History Report is based only on information supplied to CARFAX. CARFAX checked over 6 billion vehicle history events and found
10 record(s) for this 2004 TOYOTA CAMRY LE/XLE/SE (4T1BE32K24U844884).

Purchased: 2004 Type: Rental Where: Pennsylvania, Ohio Est. miles/year: --- Est. length owned: 1/29/04 - 3/10/05
(1 yr. 1 mo.)
Date: Mileage: Source: Comments: 12/15/2003 NICB Vehicle manufactured
and shipped to original dealer
01/29/2004 15 Pennsylvania
Motor Vehicle Dept.
Philadelphia, PA Title issued or updated
First owner reported
Registered as
rental vehicle
(major car rental company)
03/10/2005 29,766 Roby Mitsubishi
Dublin, OH
614-799-2500
www.robyautogroup.com
ww.robyautogroup.co
m Vehicle offered for sale
03/10/2005 Auto Auction Sold at auction
in Michigan
Listed as
a fleet vehicle
Dealers routinely buy and sell millions of used vehicles at auction each year.
03/21/2005 Ohio
Motor Vehicle Dept.
Dublin, OH
Title #2100492637 Title issued or updated
Dealer took title of this vehicle
while it was in inventory
03/23/2005 30,071 Auto Auction Sold at auction
in Pennsylvania
Listed as
a dealer vehicle
03/25/2005 Roby Mitsubishi
Dublin, OH
614-799-2500
www.robyautogroup.com
ww.robyautogroup.co
m Vehicle sold
03/28/2005 Ohio
Motor Vehicle Dept.
Ashland, OH Title issued or updated
Loan or lien reported
11/07/2006 Pennsylvania
Motor Vehicle Dept.
Philadelphia, PA Registration issued or renewed
11/29/2007 Pennsylvania
Motor Vehicle Dept.
Philadelphia, PA Registration issued or renewed
CARFAX 1-Owner vehicle! 1-owner 2004 Toyota Camry LE/XLE/SE vehicles are worth an average of $938 more to consumers because 1-owner vehicles tend to be consistently driven and maintained. Use this as a guide when comparing vehicles.