Navigating the Risks of Odometer Fraud
Introduction to Odometer Fraud
Odometer fraud is a deceptive practice where a vehicle’s mileage is illegally altered to make it appear as though it has fewer miles. This type of fraud significantly increases a vehicle's market value and misleads potential buyers about its true wear and tear.
Understanding the Legal Implications
Under the Motor Vehicle Information and Cost Savings Act, commonly known as the Odometer Act, it is unlawful to tamper with an odometer's readings. The act prohibits the use, installation, or advertisement of devices designed to alter odometer readings.
Identifying Signs of Odometer Fraud
Buyers should be vigilant for signs of tampering, such as discrepancies between the odometer reading and the vehicle's condition. Checking the vehicle's service records and comparing the mileage on oil change stickers or maintenance receipts can also help verify accuracy.
Legal Remedies for Victims of Odometer Fraud
Victims of odometer fraud have substantial protections under the law, including the possibility of receiving triple damages, attorney fees, and court costs. If you suspect odometer fraud, it's crucial to consult with a consumer rights attorney. Visit The Law Office of Paul Mankin to learn more about how to proceed in such cases.
