Nov
06

Do you believe that the vehicle has more miles than is shown on the odometer?

One of the oldest and most common forms of auto fraud is odometer fraud. Typically consumers are willing to pay more for vehicles with lower mileage and this creates an incentive for dealers to rollback the mileage on odometers. There are a number of ways that odometer fraud can be accomplished in: physically repositioning the numbers, changing the mileage reading electronically, replacing the entire odometer, and/or disconnecting the odometer. Often dealers orally misrepresent the mileage and put the odometer reading on the trip meter.

If you want to avoid this car scam, you should closely read the odometer. The average person drives approximately 12,000 miles per year. If the mileage on the vehicle is below the average ask the dealer to explain why. Another good idea will be getting a vehicle history report. You can get summary title reports from service providers such as: Carfax (www.carfax.com), AutoCheck (www.autocheck.com), and CarFraud.com (www.carfraud.com). The vehicle history reports usually include information on vehicle mileage. A major discrepancy between the mileage reported and the actual mileage could signify fraud (especially if the actual mileage is lower than previously reported).

If you believe that you have been a victim of odometer fraud, you should contact the DMV and/or consult with a dealer fraud attorney.

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One Response to Do you believe that the vehicle has more miles than is shown on the odometer?

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