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CARFAX provides vehicle valuations through its History-Based Value tool, which uses data from over 100,000 sources, including state DMVs, insurance companies, and auto auctions. This tool considers a vehicle's unique history—such as reported accidents, service records, and previous ownership—to estimate its market value. While CARFAX valuations offer a personalized estimate based on a vehicle's specific history, they may not account for current market conditions, regional demand, or unreported incidents. For a comprehensive assessment, it's advisable to consult multiple valuation sources, like CarGurus Instant Market Value (IMV) and Kelley Blue Book.