Buying a used car presents numerous risks for consumers. The vehicle could have hidden flaws—such as accident or flood damage ...
A type of motor vehicle crime that costs consumers in the U.S. about $1 billion a year is on the rise, according to data firm Carfax. It's called odometer fraud. Fraudsters looking to boost profits on ...
"...the defendants were able to conceal the true mileage of vehicles, inflate their value and mislead unsuspecting purchasers ...
From the July 2018 issue Whether or not Ferrari actually had a hand in the odometer-fraud scandal that rocked a Palm Beach dealership last year, the whole thing looks bad. The diagnostic computer that ...
If you bought a used car recently, you might want to go and check the odometer reading. It could be off. A new report details that odometer tampering is not only widespread, but it's getting worse.
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The National Highway Traffic Safety Administration (NHTSA) reported that more than 450,000 vehicles are sold each year with false odometer readings. This costs American car buyers more than $1 billion ...
Used car prices skyrocketed during the pandemic and still remain elevated today, despite cooling off in recent years. This has unsurprisingly made odometer fraud a very profitable business. According ...
A father and son from Mississippi pled guilty in a large-scale vehicle odometer rollback scheme, the federal government announced on Thursday. It issued a consumer advisory to protect the public from ...
For most buyers, few numbers carry more weight than mileage when assessing the value of a used car. There's no real way to know how a previous owner drove it, and maintenance history can be equally ...