What happens if There is an Odometer Discrepancy?

Odometer tampering, or the unlawful practice of manipulating the odometer (mileage) of a vehicle to make it look like it has accumulated a lower mileage than it actually has, claims thousands of automobile buyers every year, causing millions of dollars in losses to consumers. 

Although any car you purchase from the pre-used car market could have been the target of Odometer discrepancy, the issue is most common with late-model cars that have racked up many miles in a short time. 

This category often includes vehicles that are part of fleets, such as rental and commercial firm fleets. If you are wondering How to change mileage on odometer, know that the odometer reading of a vehicle is a crucial indicator of its condition and, consequently, its value, hence automobiles with rolled-back odometers, or "spinning" odometers, can fetch inflated prices when sold on the used car market.

Below are a few statements that will help you know more about odometer discrepancies.

1 - What is odometer discrepancy

Consider the scenario where you buy a car from someone who claims the odometer stopped working at 60,000 miles. The broken speedometer was swapped out with a new one with an actual reading of 30,000 miles. An odometer discrepancy would be this.

2 - What is a good odometer reading

Multiply 12,000 by the age of a car to determine the appropriate mileage. It would help if you assumed that the typical car owner drives 12,000 miles yearly. Thus, 60,000 miles is reasonable mileage for a five-year-old vehicle.

3 - What happens if there is an odometer discrepancy

If you believe that the odometer on your new vehicle has been tampered with, you can submit a legal claim against the dealer. A qualified attorney will ensure that all necessary steps are taken to safeguard you and other customers.

Conclusion

If you encounter an odometer scam, know you have nothing to worry about. A fraudulent vendor will know how to change mileage on odometer, which is why it is critical to understand the odometer's mileage reading when purchasing a second-hand vehicle.

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