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CarFax.com recently announced that it is adding stolen vehicle data to its database of more than 1.31 billion unique vehicle records.

 

CarFax Vehicle History Reports can confirm a clean title history or identify serious problems with any used car, including salvage history, odometer fraud and flood damage.

 

"According to the Insurance Information Institute, a vehicle is stolen every 25 seconds," said Scott Fredericks, vice president of marketing for the Fairfax, Va.-based CarFax in a press release. "Statistics from both the Federal Bureau of Investigations Crime Index and the Insurance Information Institute reveal that higher-end vehicles are being stolen so the cost of vehicle theft continues to rise."

 

The company cited an estimate of the cost of vehicle theft of more than $7.5 billion last year.

 

CarFax Vehicle History Reports are available from CarFax via the internet for $14.99 for a single report, or $19.99 for two-months of unlimited reports.

 

Every CarFax Report that confirms a clean title history is backed by the $5,000 Clean Title History Guarantee. Contact the company at http://www.carfax.com/.