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Buying a used car is the pre-eminent example of caveat emptor. Buying a bad used car can be anything from mildly irritating to disasterous, with a bad Porsche tending towards the disasterous end of the scale, depending on one's own financial situation.
The reliability of the maintenance records can, and should be, one factor to be taken into consideration when making a buying decision. Not the only factor to be sure, but taking a seller's word for the efficacy of his undocumented maintenance practices when he has a heavy personal interest in the outcome of the discussion, has "gullible sap" written all over it. Maybe you'll get lucky and buy a car from Toolpants or MNboxster. But maybe you won't.
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