What does this mean in carfax report?

[NRG]

1) What does loan or lien reported mean? Does it mean a bank has the pink slip?

04/30/2004 California
Motor Vehicle Dept.
Moraga, CA
Title issued or updated
Loan or lien reported

2) What's the Inspection Station? Does this mean it just had only the smog check done?
07/07/2004 7,682 California
Inspection Station
Passed emissions inspection

/--------------

3) Is it bad that the car was in an auction?

05/17/2004 Dealer Inventory
Phoenix, AZ
Vehicle offered for sale


08/19/2004 21,758 Auto Auction
Sold at auction
in Pacific Region
Listed as
a dealer vehicle

4) Does Service Facility usually come from the Acura dealership?

08/30/2004 21,768 Service Facility
Vehicle serviced
Engine serviced
Cooling system serviced
Lubed oil and filter changed
Transmission serviced
State inspection completed

 

[Ncturnal]

1) What does loan or lien reported mean? Does it mean a bank has the pink slip?

Correct

2) What's the Inspection Station? Does this mean it just had only the smog check done?

Correct again

3) Is it bad that the car was in an auction?

05/17/2004 Dealer Inventory
Phoenix, AZ
Vehicle offered for sale

08/19/2004 21,758 Auto Auction
Sold at auction
in Pacific Region
Listed as
a dealer vehicle

Not necessarily, but could be. It could be that the dealer got it as a trade-in , wasn't able to sell it, and opted to sell it at an auction. It could be that it was reposessed. If the latter is the case, the previous owner probably was not up on the maintenance if they couldn't afford it. The previous owner could have died and the car was part of his estate. Hard to say. From the report you have, I'd guess a dealer had it and tried to sell it, and was unsuccesful in doing so, and auctioned it to move it off the lot after 3 months.

4) Does Service Facility usually come from the Acura dealership?

08/30/2004 21,768 Service Facility
Vehicle serviced
Engine serviced
Cooling system serviced
Lubed oil and filter changed
Transmission serviced
State inspection completed

In my experience, yes. The mileage is low, so I don't think the car will be problematic. An Acura dealer should be able to tell you exactly what types of service the car has had if it went through a dealership.

 

[NRG]

Thanks a bunch!