Jul
17

Defining Odometer Fraud

Odometer fraud takes place when the owner of a used vehicle or car dealer takes steps to change the true odometer reading on the title and automobile odometer itself.

Dealerships and individuals usually commit this auto fraud for a few different reasons. The main reason, however, for engaging in odometer fraud is so that the vehicle has a more attractive odometer reading and may sell more quickly and get a better price.

If you are a used car buyer, then you should be aware of the existence of odometer fraud and always take necessary precautions to guard against being susceptible to a fraudulent act of this type.

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