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Old 11-25-2008, 12:08 PM   #1
AVANTI R5
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Member#: 73805
Join Date: Nov 2004
Default Odometer Rollbacks Increase 57% Nationwide

Quote:
CENTREVILLE, Va., Nov. 25 /PRNewswire/ -- Digital odometer fraud is growing at an alarming rate. New research results from Carfax show that the number of cars with rolled back odometers has increased 57 percent nationwide over the last four years. Used car shoppers everywhere need to take every precaution to avoid becoming a victim of this rampant scam.


(Logo: http://www.newscom.com/cgi-bin/prnh/20080507/CARFAXLOGO )


"Odometer fraud is alive and well," said Larry Gamache, communications director at Carfax. "Con men continually find ways to cheat the system, especially in a soft economy like this, and digital odometers are no exception. We cannot stress enough that consumers need to utilize every resource available to help protect them, starting with a Carfax Vehicle History Report. Simply asking the seller for a Carfax Report and questions about the car helps separate the good guys from the bad guys."


According to NHTSA, more than 450,000 cases of odometer rollbacks are reported annually, costing consumers more than $1 billion. These figures likely have increased based on the data from Carfax. In addition, experts believe digital odometers are easier to manipulate than their analog counterparts and evidence of tampering is harder to detect.
Carfax offers car buyers some helpful tips to avoid buying a rolled back car:
-- Demand a Carfax Vehicle History Report from the seller.
-- Examine the wear on the pedals, steering wheel, floor mats, etc. to
make sure they are consistent with the mileage reading.
-- Have a trusted mechanic check the car's computer and inspect the
vehicle thoroughly prior to purchase.

As a service to consumers, Carfax lets you check for potential odometer rollbacks free of charge at http://www.carfax.com/odo.


About Carfax (http://www.carfax.com)


Millions of used car buyers and sellers each year rely on Carfax, the most trusted provider of vehicle history information. Using the unique 17-character vehicle identification number (VIN) found on vehicle dashboards and title documents, Carfax instantly generates a detailed Vehicle History Report on any used car or light truck. Carfax Vehicle History Reports(TM) provide valuable information that helps used car buyers and sellers make better decisions. Free Carfax Vehicle History Reports are instantly available with vehicles listed in nearly every online marketplace by Carfax-subscribing dealers. For more information, ask your dealer or visit http://www.carfax.com.
Available Topic Expert(s): For information on the listed expert(s), click
appropriate link.
Larry Gamache
https://profnet.prnewswire.com/Subsc....aspx?ei=60478
http://news.prnewswire.com/ViewConte...4932390&EDATE=
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AVANTI R5 is offline  
Old 11-25-2008, 12:59 PM   #2
KC
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Member#: 442
Join Date: Oct 1999
Chapter/Region: NESIC
Location: SE Mass/RI
Vehicle:
2013 Crosstrek XV
00 Honda S2000

Default

This screams more of a Carfax ad than a problem with roll-backs. For example, there's no link to any source citing proof of roll-backs increasing the 57% in the last 4 years, especially when the last study was conducted/put together in 2002.

The fact that the person who posted it to the PR Newswire WORKS for Carfax screams volumes.

Not saying it's not happenening, but the above reads as an Advertisement more than anything 'newsworthy'.

---kC

Last edited by KC; 11-25-2008 at 01:08 PM.
KC is offline  
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