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Is this a problem?

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Old Sep 22, 2005 | 09:53 PM
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Default Is this a problem?

I just ran a Carfax on a car and it has 5 owners.. but the dates on the last 3 owners are very close together. What do you think?

1st owner 03/31/2000 California
2nd owner 12/28/2002 California
3rd owner 04/27/2004 California
4th owner 12/13/2004 California
5th owner 12/23/2004 California

I don't know what to make of this.. also, the car was registered as a Fleet Vehicle (does that mean that it was a company car and was thrashes, or what?)

Thanks.
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Old Sep 22, 2005 | 10:28 PM
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With that many owners that close to together, I would be very cautious about this Vette. It's difficult to second guess what the problem was, but I would take it to a qualified Vette mechanic and have it throughly check out before considering a purchase.

If the car is for sale from a dealer, then it could be a "lemon" return. There are some Vettes out there that are "lemons", sorry to say.
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Old Sep 22, 2005 | 10:54 PM
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Originally Posted by FrankMark
With that many owners that close to together, I would be very cautious about this Vette. It's difficult to second guess what the problem was, but I would take it to a qualified Vette mechanic and have it throughly check out before considering a purchase.

If the car is for sale from a dealer, then it could be a "lemon" return. There are some Vettes out there that are "lemons", sorry to say.
Well, the 2nd to last date noted that there was a lein taken out, and then 10 days later it said that there was another owner, so I am guessing that it was bought using a loan, and then the seller paid off the loan within 10 days and became the new owner. If that's not the case, then I don't know what is.

It's a private party sale.
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Old Sep 22, 2005 | 11:03 PM
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If it was bought from a dealer, it may not be that unusual. I bought my 2002 Z06 about 1.5 years ago. At the time, the Carfax showed about 3 owners in quick succession which turned out to be car dealers. I don't know why. Maybe certain dealers just don't want to handle a Corvette. The car is in perfect condition and I have not had a single problem with it since I bought it. As a matter of fact, it is the most reliable car that I have owned. I did make sure that I bought a car with some of the factory warranty left on it just in case. I never needed it.
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Old Sep 22, 2005 | 11:32 PM
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Could be that it was a lease, they can accumulate records like that just going from the lease co. to the leasee, back to the lease co. and them to a dealer.
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Old Sep 22, 2005 | 11:38 PM
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My car had a similar history. Started as a company lease and went to a dealer and then auction. No problems with the car.

Rick
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Old Sep 23, 2005 | 12:12 AM
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Originally Posted by rikhek
My car had a similar history. Started as a company lease and went to a dealer and then auction. No problems with the car.

Rick
Good to hear, as is the rest of this thread's info. I will not let that be a big factor in determining whether or not I should buy the car.
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Old Sep 23, 2005 | 12:27 AM
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Originally Posted by IlyaFromTheBay
.. also, the car was registered as a Fleet Vehicle (does that mean that it was a company car and was thrashes, or what?) Thanks.
A rental 'Vette? That could be scary.
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Old Sep 23, 2005 | 12:28 AM
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Originally Posted by C5 Dawg
A rental 'Vette? That could be scary.
Oh.. that's what Fleet means? I thought it means that it's a business car. If it was a rental then I definitely don't want it.
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Old Sep 23, 2005 | 12:33 AM
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Originally Posted by IlyaFromTheBay
Good to hear, as is the rest of this thread's info. I will not let that be a big factor in determining whether or not I should buy the car.
My '97 was a 1).new lease in NJ..drove to Cali.2)turned in to dealer.3)dealer auctioned it to another 4.) dealer, dealer sold it to a 5)party, that party treaded in, 6)that dealer sold it to the party I bought it from.
I'm #7. That was 3 years ago when I bought it it had 27,000 miles on it.
Car was in great shape and the price was right $23,000.
It now has 51,000 miles on it. Very happy with it.
Rsty
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Old Sep 23, 2005 | 12:40 AM
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The fourth buyer might not have qualified so dealer had to take back and sell again
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Old Sep 23, 2005 | 01:22 AM
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You have some good explanations here. And, yes, many cars are sold between dealers to close, save, or, trade in a deal.
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Old Sep 23, 2005 | 01:36 AM
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If it were me, I would talk to who ever has the car for sale and find out who the previous owner was. When I bought my 04 from a used car dealer he gave me the paper work that led me to the first owner. I called him and told me the car was fine but just wanted to trade up to a Z06. With that info, I purchased the car. The more info you have, the better decision you will make. If the seller is not trying to hide something, he should give all the info he has on the car.
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Old Sep 23, 2005 | 02:43 AM
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Originally Posted by IlyaFromTheBay
Oh.. that's what Fleet means? I thought it means that it's a business car. If it was a rental then I definitely don't want it.
Not 100% sure its a rental, just a possibility that needs to be checked out.
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Old Sep 23, 2005 | 02:46 AM
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Sometimes, I wish there was a Car Fax type report on potential girlfriends I wonder how many would have those results
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Old Sep 23, 2005 | 03:20 AM
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Sounds like it might have been run through a couple of auctions. Somebody might have been trying to turn the car fast and make a quick buck.

BTW...I am going to be doing an infomercial soon on my new program teaching you how you can become a multi-millionare just like me by buying and selling used cars. All you have to do is average 20 to 30 units per month and you can soon quit your day job! Yes friend...you can be a success just like me in only 30 to 60 days. All of this for just 6 low monthly payments of only $99!


What...no takers!
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Old Sep 23, 2005 | 06:36 AM
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Originally Posted by C5 Dawg
A rental 'Vette? That could be scary.
I highly doubt it was a "rental" Vette. Remember, many owners are also business owners that lease the car as a tax write off for their business. It doesn't necessarily mean that the car wasn't loved. We have a couple of those in our club and these are clean, well respected cars.

Paul
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Old Sep 23, 2005 | 06:37 AM
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Originally Posted by MyVetteDream
Sometimes, I wish there was a Car Fax type report on potential girlfriends I wonder how many would have those results
David, that was coffee out the nose funny.

Paul
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Old Sep 23, 2005 | 07:11 AM
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Default Aaah ... I'd take a closer look

an analogy for ya..what would you think if it was your new woman that was with that many guys in a short amount of time? Something to think about.
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Old Sep 23, 2005 | 07:12 AM
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Default Pretty funny

didn't read the ones above until I entered mine. Do many of us think a lot alike or what! LOL
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