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On a scale of 1 to 10 Carfax is a -3. However this is one instance where it caught a washed title. Not all states carry the S branding to a new state, and the shady people know that.
I own an S title car. I'm not afraid of it. However, I paid less than full market and will likely sell for less when I sell. How is your car priced? If it's not a good deal it would likely be a good idea to keep shopping unless it's exactly what you want and in great condition. To me, condition today matters more than what might have happened 10 years ago. Most buyers don't think that way and selling it may be an issue later.
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1974 914 Bumble Bee
2009 Outback XT
2008 Cayman S shop test Mule
1996 WRX V-limited 450/1000
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