OFFICE ADDRESS
The Law Offices of Hovanes Margarian
13425 Ventura Blvd.
Suite 303
Sherman Oaks
CA 91423
818.990.0418
If you are buying a used car then the first thing you should consider is a vehicle history report. What is a vehicle history report? Vehicle history report is a document which provides you the whole information you need about car’s history. This enables you to take a close look at the car’s past performances and consider its usability for the future. Why is vehicle history report important? Purchasing a car requires a good deal of budget, so you should make sure that the car is worth the money paid. Vehicle history report reduces the risk of becoming a car dealer fraud victim. While looking through used car history, pay an …
Categories: Helpful tips, Odometer Fraud
Tags: Avoid Dealer Fraud, used car fraud, vehicle history report
Since the value of a car highly depends on its traveled distance, criminals are using various instruments to roll back the odometer to sell the vehicle at a higher price. Targeted vehicles are mostly new looking leased cars with high mileage. Since this crime is associated with intelligent organizations developing complicated schemes that are difficult to detect and investigate, it affects not only end users, but also legitimate re-sellers. False or Altered Titles This scheme occurs when a car dealer buys a high mileage vehicle and then resells it with reduced odometer reading. This is accomplished by tampering the high-mileage figure or by obtaining a new automobile title with …
Categories: Odometer Fraud
Tags: Los Angeles auto fraud attorney, Odometer Rollback, reduced odometer reading
If you purchase a car that has had its odometer rolled back, you may end up paying more for a vehicle than it is actually worth. You will never know when an actual scheduled safety check is due which could make driving the car a safety hazard. There are a number of reasons why sellers roll back odometers. There are people who have leased cars who will roll the odometer back so they do not have to pay the lease return mileage fee. For those who have the “know how” and tools, it is quite easy to roll back an odometer. With newer cars, all that one has to …
Odometer fraud is the illegal act of tampering with the odometer of a vehicle to falsely represent the true mileage of the vehicle. Used car salesmen, individual sellers and mechanics may commit odometer fraud in an attempt to increase the probability of selling the car and profiting from it. Unfortunately for the offenders odometer rollback discovery often leads to a combination of serious charges and severe penalties if convicted. Usually the ultimate goal of odometer fraud is to make the car appear more attractive to potential buyers and charge more money for the used car than it is worth. If a person is charged with odometer fraud, he/she will …
