You have to consider many factors when buying used cars. One such aspect is odometer reading. It is crucial to identify the real wear on the vehicle. It will help assess the reliability of the car. Unfortunately, some deals tamper with the odometer. This will help them make the car look younger than it is. However, you will get compensated under the Lemon Law in New Mexico if you own a faulty vehicle.
This blog will explore why the dealers do this.
[1] To Lower the Mileage
The main reason for tampering is to increase the profit. The value of the car will significantly depreciate with its mileage. The lesser mileage of used cars will fetch a high price. Dealers can artificially lower the readings. This helps attract many potential buyers. Plus, it will also lead to quicker sales. This ill practice will increase the dealer's profit.
Talk to a Lemon Law attorney in New Mexico if you own a defective vehicle.
[2] To Hide underlying issues
An odometer rollback is not just for profit. It can also be used to mask up the major problems. The vehicle with suspiciously low mileage might be hiding multiple issues. A used car with lower mileage will attract many buyers. This way, the dealer can sell this car quickly. Meanwhile, the new buyer will have to face many issues. In such cases, they can consult a Lemon Law attorney in New Mexico.
Final thought
Knowledge is power in the used car market. You should arm yourself with information before stepping into a dealership. Obtain a vehicle history report and learn about the Lemon Law in New Mexico. These reports will include mileage readings and other information. An inspection by a trusted mechanic can reveal inconsistencies. Lastly, look for other dealers if you find any red flags.
Andrew Richardson is the author of this Article. To know more about Car Buying Contract please visit our website: allenstewart.com
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