CARFAX RISK FACTOR STATISTICS FOR VOLVO (US IMPORTS)
CARFAX Statistics show that the risk factors for used U.S. Volvo imports include recall, mileage inconsistency and total loss.
Presently, there are 18,116 used Volvo imports from the U.S. in Europe with a recall history. That’s a percentage of more than 75% of all registered exported Volvo cars from the U.S. to Europe. The preceding shows that U.S. cars can pose a risk to many unaware used car buyers in Europe. Many times, cars that have an outstanding recall status may not perform or function as is desired. Next to that, the financial outcomes may be disastrous.
Mileage inconsistency refers to those cars that have inconsistent mileage readings or and documentations at different intervals. Usually, this is a sign of odometer rollback. There are currently 98 Volvo cars that were imported from the U.S. with reported mileage inconsistencies. Read here why mileage inconsistency poses a threat for used car buyers.
Cars with a history of total loss pose a risk to used car buyers because there is a big question surrounding these cars on how and why they managed to be in a functioning state today. Normally, when a car is total loss, it is issued a salvage title and gets ready to be scrapped. In some exceptional cases, these cars are not scrapped, but are repaired illegally and exported to Europe. In other cases, the VIN is taken off of these cars illegally and put on other well-functioning cars, which are usually stolen, and are then exported to Europe. In any case, it is important to know what history your car has. There are at least 4,176 U.S. imported Volvo cars in Europe with a history of being total loss.