Odometer rollback fraud
Cars are only designed to last a certain amount of time, after a certain amount of time or mileage they will start to fall apart. When you’re buying a car second hand you want to make sure that it will last for as long as possible, so mileage is very important. When you’re looking at a car to buy you will obviously pay special attention to the number of miles it’s already done.
The mileage of the car is recorded on the odometer, which is traditionally a mechanical mechanism that counts however it’s becoming more and more common for the odometers to be electrical.
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Odometer rollback fraud is where the odometer reading is reversed to show a lower mileage, this is reportedly more difficult with the electric systems. Some people claimed to of been able to reverse the mechanical odometer reading just using a drill.
Obviously by changing the odometer reading your car will be more valuable, and also more desirable. Just look on the number of car valuing sites and experiment changing the mileage, the mileage affects the value a lot.
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It is very important to protect yourself from odometer roll back fraud, on the face of it this fraud may not seem that important or even that damaging, what does the mileage matter? Well it is important, the things on your car are only designed to last for so many miles, by having a higher mileage than you thought you may be in line to pay more costly repairs than you budgeted for.
Odometer fraud is possible with cars that are well looked after, or cars that only do a lot of highway mileage. The majority of wear and tear on your car happens in short journeys, think about it you’re continually stopping, changing gear, and turning corners, all of which impact the car. Highway driving generally means travelling at about the same speed, in the same gear for the duration of the highway. Many vehicles that spend most of their lives on the highway look much better than others these cars may look as if they’ve done less mileage and so it would be believable to change the reading.
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It’s actually quite difficult to discover if the car has been altered, looking at the cars service paperwork is one way as you should be able to tell because the mileage should be recorded at regular intervals.
The best way to protect yourself from odometer rollback fraud is to decide if you can personally trust the person selling the car or not, if they are not trustworthy then chances are neither is the car. Ask questions about the cars history, how many owners, how long they’ve had it for, why they’re selling it and see if it’s all believable. You could take the car to a professional to check if the wear and tear on the car is acceptable for the quoted mileage.
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Odometer rollback fraud is very serious you should make sure that you’re on your guard in order not to buy a lemon. If anything at all is fishy about the car, do not hesitate on walking away, there are plenty more fish in the sea! Buy a peach not a lemon!
Buying a car with false mileage may not seem very important, but what will happen when that car falls to pieces? What happens when you come to sell it? If you have discovered the odometer has been altered then you must tell them. A car which has had the clock rolled back would be very difficult to sell, I don’t think anybody would be interested in buying it.
The money made from these clockers cars is no doubt used to fund more serious forms of crime (like car cloning), so don’t support it.
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Article provided by MDWholesale.com headlight cleaner, headlight restoration and headlight repair.
