Tag Archives: odometer fraud

Curbstoning relate to car dealers who try to avoid the law by selling their vehicles on the street, by pretending to be private sellers. In this auto scam dishonest car dealers use curbstoning as a means of bypassing  their state laws which govern the sale of cars. Inferior Cars Curbstoning car dealer usually use this car scam in order to offload the type of vehicle they would resist to sell through their dealership. There will be several cars for sale in the same place, often parked along the curb, hence the name ‘curbstoners’. Typically, these cars will be ones with problems, that are hard for the dealers to sell …

Read more Comments

0

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 …

Read more Comments

27

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 …

Read more Comments

1

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 …

Read more Comments

3

Odometer is an instrument indicating distance traveled by a vehicle, but criminals are using various instruments to roll back the milometer to sell the vehicle at a higher price. Odometer rollback schemes represent a high profitable car dealer fraud. In addition to an old machine with false mileage you also get a car which will most likely need more maintenance and repair, thus almost guaranteeing you a return to the car repair shop. And of course the result is more money to be paid by you. Only a low percentage of odometer fraud is executed by amateurs, usually this crime is associated with intelligent organizations or individuals who develop …

Read more Comments

61

According to statistics used car buyers have a one in three chance of buying a vehicle that’s subject to car dealer fraud. But with some care you can avoid them and find the car of your dreams. What Scammers Do? * Selling a car that’s been repaired after an accident. The frame might be bent then re-straightened, or any number of faults could be covered. Obviously, they are not going to tell you that – they simply want to sell the car. Buy it and you could be riding a death trap. * Selling stolen vehicles. Only two-thirds of cars stolen each year are recovered. Many stolen cars are …

Read more Comments

3

Buying a used car is always the best option for customers who can’t afford a new car. Used car dealerships are the most convenient places for finding used cars at a discounted and moderate price. The pre-owned cars are usually sold through independent dealers, franchises, rental car companies, auctions, private sales and leasing companies. Buying used cars is most popular in California. The comparatively low price and the opportunity to save a rather big amount of money attacks a lot of car buyers. However, buying a used car may sometimes be complicated. Used cars may have hidden mechanical problems, in some cases they may have been previously wrecked and …

Read more Comments

0

Generally customers need some knowledge to avoid becoming a dealer fraud victim. They need to know how to act and what to ask dealers when entering the car dealership. Here are some tips that will be rather helpful when dealing with car dealers to prevent odometer fraud. 1.    Inspect the vehicle carefully to make sure that its actual condition matches the mileage that is indicated in the odometer. 2.    If you think the vehicle you are going to buy has been repainted, search for the parts that have been replaced. Paint is sometimes used to cover the older parts, thus giving the vehicle a newer look. 3.    Look in …

Read more Comments

1

Odometer fraud is the practice of rolling back odometers to make it appear that vehicles have lower mileage than they actually do. Odometer tampering is not only illegal, but expensive. Because the buyer thinks the car has fewer miles, he/she pays more for the car – and more in insurance and repairs. Things You’ll Need: •    Compare the current mileage on the odometer with mileage shown on the vehicle’s maintenance or inspection records. •    Check the tires. The car’s original tires should last for some 60,000 miles, so new tires on a car with low mileage should alert you to take a closer look. •    Look for things that …

Read more Comments

34

As the price of new vehicles increases, there is more and more interest in used cars and subsequently odometer tampering has become a very lucrative fraud. Here are the varieties of odometer fraud. False or Altered Titles – A clear title is much more valuable than a wrecked or damaged car title. This car scam occurs when a dealer purchases a high mileage vehicle and subsequently resells it with falsified, reduced odometer reading. This is accomplished simply by tampering the high-mileage figure noted or by obtaining a new automobile title with a false mileage figure before reselling the vehicle. A professional calligrapher can perform excellent quality title alterations, which …

Read more Comments

5