Cases of Odometer Fraud
Odometer fraud is the illegal process of rolling back the vehicle’s odometers in order to make it appear that vehicles have lower mileage than they actually do. Odometer fraud occurs when the vehicle seller fallaciously represents the actual mileage of a vehicle to the buyer.
Odometer tampering is not only illegal, but expensive. As the buyer thinks the car has fewer miles, he/she pays more for the car, more in insurance and repairs. The National Highway Traffic Safety Administration guesstimates – odometer fraud costs buyers about $10 billion every year.
Here are steps to avoid odometer fraud.
1. Compare the present mileage with the odometer statement the seller received when he/she bought the car.
2. Check the tires. The original tires of the car should last for about 60,000 miles, so new tires on a car with low mileage should alert you to take a closer look.
3. Look for things that indicate the mileage of the car. Oil change prompt stickers, warranty cards and service receipts will typically have the mileage noted.
4. Have a trustworthy mechanic inspect the car thoroughly. The mechanic should look for the problems with the emissions system. These areas will show signs of high mileage. In addition ask the mechanic to see whether the odometer cover has been removed.
5. Be especially attentive when buying certain models: Popular models for rolling back miles include sport utility vehicles, Chevy Luminas, Ford Tauruses and Chrysler minivans.
6. Be wary of retired, low-mileage fleet vehicles. Unfair buyers usually clean the cars up, put on a new brake pedal cover, roll back the odometer and resell it for a tidy profit. Cars like this are usually driven more than 30,000 miles a year.
Feel free to call an experienced car dealer fraud lawyer Hovanes Margarian for valuable advice and help.