450,000. That’s how many cars and trucks Americans buy each year. And each year auto dealers use odometer fraud to cheat consumers out of $1 billion.
$1 billion dollars. That number seems almost impossible. But yet it happens year after year. Mileage rollback is common. Odometer fraud is an old and popular scam that generates huge profits for auto dealers and leaves the consumer with a worthless car and big repair bills. One in 10 American vehicles has a tampered or “rolled back” odometer according to the Consumer Federation of America. Mileage rollback is rampant in the used car industry. Today’s new digital odometers have done little to nothing to stop it. On board car computers and clusters can be hacked. A vehicle’s odometer system is easy pickings, but the paper trail required by state and federal vehicle title recording laws can disclose odometer fraud. And with very little enforcement of these violations it is up to the consumer buyer to strike back on their own. We help people recover their money and cancel the lender financing. Don’t put up with the cheats and liars who stole your money. Our consultations are free, by phone or online. 404.288.4444 or Online Contact Form.
Odometer fraud can happen on a new car purchase or used car purchase. Odometer fraud can be straight forward such as rolling back the mileage, or it can be a slight of hand on out of state paperwork. Most people will never even know it happened. And odometer fraud doesn’t have to be just mileage rollback. It can happen by an upstream seller, by tricky paperwork or a dealer may not even know they committed odometer fraud, and it includes inoperable or replaced odometers. Odometer fraud happens can make your vehicle almost worthless. The motor, transmission and all moving parts could be tens of thousand of miles older than anyone knows. If you think something is not right call us. Mr. Lee will take a look at no cost. Click our ‘Contact Us’ page for online contact or just call 404.288.4444.
Proving odometer fraud can be difficult. Odometer law states that not only must a buyer prove the mileage is incorrect and that it was not disclosed, but the buyer must also prove the seller had the intent to defraud the buyer and knew, or should have known from experience or circumstances, that the mileage was incorrect. A Carfax or Autocheck report may disclose an odometer “discrepancy” from one reported event to the next (such as repairs, emission inspections, or title transfers), or they may not (see our Autocheck & Carfax page). Or you can get a report from the NMVTIS. Autocheck and Carfax also have reports, and even though they are often out of date for wreck damage they are usually current for mileage and prior title transfers. On average a consumer will drive approximately 12,000 miles according to industry standards.
A buyer can go after the dealer that sold the vehicle and also the upstream person who participated in the odometer fraud. Federal odometer disclosure law damages can be $10,000 or triple the buyer’s actual damages, whichever is higher. and the offending parties have to pay the buyer’s attorney fees. Georgia odometer law is similar to the federal odometer law and can add another $1,500 to the buyer’s odometer claim.
The NMVTIS report is put out by the government and is cheaper than a Carfax or Autocheckreport. You are not limited to just pulling data from Georgia, this system will pull all states and follow the title transfers. The NMVTIS report will not have as much information about wreck damage and prior sell data that a Carfax or Autocheck should have.