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The Law Offices of Hovanes Margarian
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818.990.0418
Today the demand of used cars is increasing day by day. However, buying a used car is not an easy task. One has to be learn about all the things related to a used car before buying it. Here are some problems and scams which one should keep in mind while purchasing a used car: Odometer rollback These days' some fraudulent mechanics manipulate with an odometer by adjusting the miles figure on it. This misleads potential buyers into believing that the car was used occasionally and is relatively new. This way the price of the car increases significantly. Be careful about this scam and check the odometer carefully. Warranty …
Categories: General Articles
Tags: auto dealer fraud, auto dealer scams, Odometer Rollback
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
Checking the car title history is important since it is the only surefire method to confirm that a car has a clean past. Even if it “passes” the test drive and has no evident damages, the buyer should check the car’s tile history. Here are the key steps: Know what to pay attention to on the certificate A car title is an official document of ownership that is issued by the Department of Motor Vehicles. It has a VIN (vehicle identification number) that is unique for each car. You should check to see that this number on the certificate matches with the number on the car (as a rule …
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 …
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 …
Title washing scam results from the lack of a unified law regulating vehicle documentation in all the states. Title washing is used by car owners to “erase” the vehicle’s bad history in order to conceal from the buyer that it had a salvage title because of flood, severe accident or other damage. Title washing incidents increased after hurricane Katrina when many car dealers got stuck with excess of flood-damaged vehicles. Title washing is also frequently applied to “clipped” vehicles with the back and front coming from different cars, or rather of what was left of them after a crash. The process of title washing is very simple. Here is …
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 …
Categories: General Articles
It has been shown that one out of three used cars has something to hide. That could be outstanding credit, odometer rollback, etc.. That is why car dealer fraud cases are amongst the most common issues. Vehicle cloning is a used car fraud that has become rather widespread today. To avoid being a victim of such a auto scam, follow our tips given below. 1. Registration papers: The registration papers give you some initial information about the vehicle. Make sure the license plate on the car matches the number on the registration papers. Make sure the owner’s name matches the seller’s – and ask for a picture ID. 2. …
Categories: General Articles
Tags: Auto Scam, Odometer Rollback
Odometer rollback may inflate the resale value of a high-mileage vehicle and increase repair costs down the road. Anyone buying a car checks the odometer since a vehicle’s mileage affects its value. The higher the mileage is the less you pay and vice versa. This makes tampering with the odometer rather tempting car dealers. Rolling back the odometer puts a little extra money in their pockets. Think about how much money a car dealership could make doing this. Several dishonest car dealers have been caught red handed engaging in odometer rollback scams. The dealer makes extra money and you are stuck with a vehicle that’s not as good as …
Categories: General Articles
Title washing is used by car dealers for “washing” the vehicle’s bad history in order to conceal from the buyer that it had a salvage title because of severe accident, flood or other damage. Title washing incidents reached their outbreak after hurricane Katrina when many car dealers got stuck with excess of flood-damaged vehicles. Title washing is also applied to “clipped” vehicles with the back and front coming from different cars, or rather of what was left of them after a crash. So, a wreck is sold at the price of a good car. Title washing scam results from the lack of a unified law regulating vehicle documentation in …
