CARFAX vehicle history database reaches 30 billion records
CARFAX announced this week that its vehicle history database now includes more than 30 billion records.
According to a news release, the 30 billionth record loaded into the CARFAX database is an “offered for sale” record on a 2020 Kia Telluride. The company said this Telluride is a one-owner, well-maintained, certified pre-owned SUV that has had no accidents or damage reported to CARFAX.
The company highlighted this milestone came from one of the more than 131,000 sources that report vehicle information directly to CARFAX.
CARFAX was founded in 1984 to combat odometer fraud and said it took more than 15 years to reach 1 billion records. CARFAX said it now loads a billion records about every five months.
“The amount of information we’re loading daily is staggering,”, CARFAX general manager of data Faisal Hasan said. “On average, we load more than 6.6 million records every single day. That can be anything from open safety recalls to vehicle registrations to new accident information.
“The largest percent of the data we’re loading today is service and maintenance records. We are uniquely positioned because of these records to help people at every stage of the car ownership experience, from shopping to servicing to selling,” Hasan added.