Odometer fraud increasing in used-car market, experts warn
The number of vehicles on the road with a rolled-back odometer increased by 13% this year, CARFAX says.
KABC Vehicle experts are warning anyone in the market for a used car to be on the lookout for rolled-back odometers, which can trick consumers into believing a car has less mileage or wear and tear than it actually does.
According to CARFAX, the number of vehicles on the road with a rolled-back odometer increased in 2020 by 13% compared to the previous year. If you are shopping for a used car, this should be on your list of things that you are looking at, said Emilie Voss, public relations director of CARFAX, a vehicle history website for buyers and sellers.
As used cars surge in popularity, illegal odometer tampering is also on the rise
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SAN FRANCISCO (KGO) Because of the pandemic, many don t want to board mass transit or get in rideshares. New car prices are high, so many consumers are turning to used cars.
Auto website iSeeCars.com says that has caused prices to increase nearly 10% from last year. Now a Carfax study finds a 13% increase in illegal odometer rollbacks.
With electronic odometers widely used for 20 years, many believe odometer tampering is more difficult now or even a crime of the past.
On my Facebook page one person posted, In my grandad s day this stuff was commonly done.