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Carfax Data Question

Domano 68

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Domano 68 Enthusiast

Domano 68

Posted
Posted

I am looking at an 03 GMC 1500HD, 1GTGC13U23F124914. Carfax lists it as a initially a leased vehcile, then it was sold at auction and listed as a fleet vehicle. Just wondering what a fleet vehicle is. Thanks in advance as always.

 

9/2002 Title issued or updated

Registration issued or renewed

First owner reported

Loan or lien reported

Registered as lease vehicle

 

12/2006 Sold at auction

in Georgia

Listed as

a fleet vehicle

 

01/09/2007 Vehicle offered for sale

mini1 Enthusiast

mini1

Posted
Posted

A fleet vehicle is one that was owned by a company or the government. It was part of a fleet purchase (say they come in and buy 10 or 20 or even 50 trucks at once for a discounted price). I wouldn't be surprised if the lease reported was also the same owner as the fleet. I've seen that happen before. The fleet owner may have bought out the lease for what ever reason at the end of the term. It may have really only had one owner.

2017HD Enthusiast

2017HD

Posted
Posted

Since it was listed as being sold at an auction it has probably had two owners. Most fleet vehicles are well maintained - but could also be driven by many different people in the course of a week. What condition is it in ? - how many miles? etc. It could be a steal or a no-deal.

Domano 68 Enthusiast

Domano 68

Posted
  • Author
Posted
Since it was listed as being sold at an auction it has probably had two owners. Most fleet vehicles are well maintained - but could also be driven by many different people in the course of a week. What condition is it in ? - how many miles? etc. It could be a steal or a no-deal.

The truck has 44,000 miles. It looks pretty good from the pictures. That is as far as I have gotten with it. I am suspicious of "Leased" vehicles.

mschuyler Enthusiast

mschuyler

Posted
Posted
The truck has 44,000 miles. It looks pretty good from the pictures. That is as far as I have gotten with it. I am suspicious of "Leased" vehicles.

 

No need to be, IMO. I've leased a couple of cars in the past. There is some incentive to make sure nothing goes wrong on them. You are limited in your mileage or you pay more. When you turn it in they go over it with a fine tooth comb and will ding you for any dings, so to speak. There's a certain amount of pressure to take care of it. Least that was on my mind when I did it. Leasing itself is a whole different issue. I'd try to avoid leasing a vehicle, but I wouldn't avoid a leased vehicle.

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