ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Car Dealers Across the US are Scamming Buyers With Odometer Fraud; Here's how to Spot it

Odometer problems happen when the owner of the car or even the seller alters the mile that is displaced on the car's odometer. 
PUBLISHED JAN 6, 2024
Cover Image Source: Pexels |  Mike Bird
Cover Image Source: Pexels | Mike Bird

Technology is meant to make life easier and has been integrated into vehicles to enhance road safety, but while motorists are protected while driving, technology can leave them vulnerable to scams. Odometer fraud involves altering a vehicle's odometer to change the mileage, and is pulled off by disconnecting or simply resetting the odometer. Odometer fraud is a common practice by shady car dealers who alter the odometer to make consumers buy a used car.

Issues with an odometer are caused when the owner of the car or even the seller alters the mile that is displaced on the car's odometer. While many may think that odometer fraud is not as prevalent as it was, this scam has witnessed a nationwide surge. 

It was reported that Scammers can now roll back odometers in a matter of seconds. For instance, in a car that has 124,000 miles on it, scammers can input about 43,000 miles and it changes once they click enter.

Experts say that the tool for this can be purchased off eBay, which means that it is readily available for scammers to use.

Pexels | Mike Bird
Pexels | Mike Bird

According to data, around 2.1 million vehicles on the road have had their odometer altered. Experts say the average consumer won't be able to tell if a car has had its odometer rolled back by just looking at it, but there are some things they can watch out for.

One option is getting a vehicle history report, and another option is to get it checked by a mechanic that the consumer trusts.

If you ever suspect that the odometer of the car that you are planning to buy has been altered, there are certain steps that you can take. One thing that you can do is, look for oil-change stickers, service records, or warranty cards that may show you the changes. Another wise thing would be to ask for the odometer statement received by the person who is selling the vehicle to you to find out the mileage at the time he or she bought it. Always look at the car's door frame and if an odometer is repaired or replaced that odometer will be incapable of registering the same mileage.

Usually Low mileage as compared to the vehicle's age.

Wear and Tear has no connection with the odometer

Dashboard Shows signs of tampering.

The mileage does not match the car's history.

Very low Pricing.



 

Data also shows the ten states with the most vehicles with rolled-back odometers, and nine out of the ten states saw an increase in odometer fraud. For example, California was up by 7.2%, Texas by  12.8%, New York by 9.0%, Florida by 1.4%, Illinois by 7.6%, Pennsylvania by  2.1%, Georgia by  4.0%, Arizona by 4.8%, and North Carolina by  8.2%.

MORE ON MARKET REALIST
Harvey decided to act out the scenario which the contestant thought would be inappropriate.
1 day ago
The contestant, Ron Sheppard was inches away from solving the Bonus Round puzzle.
1 day ago
In a major breach, the systems of Mobile Commons that serves the New York State were compromised
2 days ago
Playing "The Lion's Share", Riley Shepherd won big with just two lucky picks.
2 days ago
The new legislation will allow federal workers to quickly get back to work.
3 days ago
The player, Gary, won a brand new Toyota on his 50th wedding anniversary.
3 days ago
When a bald man came up with a strange answer, Harvey roasted his entire team.
3 days ago
Walmart's dupe of the viral cup is on sale for nearly half the price of the original.
3 days ago
Harvey admitted that he had never hear someone say this about American men.
4 days ago
The analysis shows tech giants like Meta, Oracle are pivoting to bonds and debt to fuel AI ambitions
4 days ago
The contestant, April Seubert, made a grand comeback to win prizes worth over $57,000.
5 days ago
With just a one in five chances, Phillip managed to bag the top prize.
5 days ago
Several coffee chains have been feeling the pain amid rising costs, tariffs, competition and more.
5 days ago
The radical pay plan could make Musk the world's first trillionaire in the next decade.
Nov 7, 2025
The TikTok creator, Auzi a.k.a @fatpastrychef's video sparked concerns over rude store staff.
Nov 7, 2025
Joseph Evans dethroned poet, Joyelle McSweeney to become the new champion.
Nov 7, 2025
Following Huang's striking comment, Nvidia took to X to soften the blow.
Nov 7, 2025
Musk has to achieve a few objectives to win the support of Tesla shareholders.
Nov 6, 2025
The FDA issued a voluntary recall over concerns about Listeria contamination.
Nov 5, 2025
Fans expressed that they too were stumped by the unusually tough puzzle.
Nov 5, 2025