Carfax Celebrates 20-Year Anniversary

FAIRFAX, Va.--May 11, 2006--Carfax, the company who pioneered the concept of providing vehicle history information to used car buyers and sellers, celebrates its 20th anniversary today. Nearly 30,000 dealers and tens of millions of in-market consumers now rely on the information contained in the Carfax database to help uncover hidden problems and make better decisions about the vehicles they buy and sell.

"We've accomplished so much over the past twenty years, but we've only just begun," said Dick Raines, president of Carfax. "We started with a mere 10,000 vehicle records and now have the most comprehensive vehicle history database ever assembled with more than 4 billion unique records. The next twenty years promise to bring even more innovative and valuable resources we believe will continue to redefine the way people buy and sell used cars."

Carfax Vehicle History Reports are a must have for today's in-market consumers. A recent study shows that 57 percent will not purchase a used car without one. Through partnerships with many of the country's largest dealer groups, manufacturer Certified Pre-Owned programs and leading online marketplaces like AutoTrader.com and cars.com, free Carfax Vehicle History Reports are available almost anywhere people shop for used cars.

The innovations continue - Carfax recently unveiled a new Vehicle History Report that is shorter and easier to understand, making it a more effective resource for buyers and sellers.

To mark the anniversary, Carfax is offering a special rate on Carfax Vehicle History Reports now through Memorial Day Weekend. Normally $20, consumers can check their vehicle's history in the Carfax database for $1.50 per report. The discounted reports can be purchased only through a special link; Media interested in obtaining the link can contact Christopher Basso at 703-934-2664.

About Carfax

Founded in 1986, Carfax pioneered the concept of the vehicle history report. Carfax Vehicle History Reports, the most comprehensive collection of used vehicle information ever assembled, can confirm a clean title history or help purchasers identify previous salvage history, odometer fraud, flood damage and more. Carfax, Inc., based in Fairfax, Virginia, is a wholly owned subsidiary of the R.L. Polk & Co.