Don’t Be a Victim of Odometer Fraud

Odometer Fraud is illegal but unfortunately it does happen. Odometer fraud occurs when the mileage on a used vehicle title and odometer are tainted. Altering odometer readings are illegal and takes advantage of the customer. The potential buyer of the car thinks the car has fewer miles, therefore they pay more for the car. Not only that, their insurance will be higher, and the cost of repairs may also be more expensive. According to the National Highway Traffic Safety Administration, odometer fraud costs buyers approximately $10 billion dollars each year.

A way you can protect yourself from odometer fraud is by comparing the current mileage with the odometer statement that the seller received when he/she bought the car. Take a close look at the cars tires. Original tires on a car should last about 60,000 miles. If there are new tires on the car that obviously did not come with it, but yet the car has low mileage, a red flag should alert you. Look for cues that indicate mileage of the car. Oil change reminder stickers in the window or warranty cards and receipts most likely have the current mileage on them. If you already have a trustworthy mechanic, have him inspect the car thoroughly. A mechanic can check for wear and tear in the engine suspension system and also steering. These parts of the car will show signs of high mileage is the car has them. Not only can the mechanic look at his, but can also inspect to see if the odometer cover has been removed.

Be careful when buying certain model cars. It is known that many people roll back the mileage on sport utility vehicles, Chevy Luminas, Ford Taurus’, and also Chrysler minivans. Be cautious of retired low mileage fleet vehicles. It is known for some buyers to clean the car up nicely, roll back the odometer, and sell it for a big profit. These type of vehicles are typically driven more than 30,000 a year. If you still have doubts or concerns about the car you are about to buy, you can go to the Carfax website and check out the cars history. You have to pay for this service, but it will be well worth it.