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Mileage Fraud!! Odometer was rolled back!!! What to do?

152 messages, Last post on Oct 29, 2009 at 8:22 AM
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Replying to: joel0622 (Apr 07, 2007 9:19 am) Wish I hit this forum a long time ago. I'll check back in with updates.
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Replying to: guzzle (Apr 07, 2007 1:01 pm) that car TMU (true mileage unknown) and hit the trade or auction value real low................ That was his comments on Canadian cars resold in the US with a speedo/odo changeout from KM to mph. Even with proper paperwork and disclosure with stickers from the importers on the door jamb.............. That guy is in a tough spot come trade in time....... Thru no fault of his own ! Dealers will RUN from that vehicle.
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Replying to: geo9 (Apr 07, 2007 9:23 pm) Once the original owner is out of the picture, yeah, then it might become a problem for the lazy buyer not willing to check things out, or the lazy dealer not willing to show documentation, but by then it's not the original owner's problem. Sure you might scare away the overly suspicious paranoid buyer but you don't want to deal with people like that anyway. Seems to me any reasonable person will accept the documentation on the car's true mileage and the sticker's records.
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Replying to: Mr_Shiftright (Apr 08, 2007 8:21 am) -mike
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Replying to: paisan (Apr 08, 2007 9:29 am) I need to check this out more.....
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Replying to: Mr_Shiftright (Apr 08, 2007 10:13 am) -mike
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Replying to: paisan (Apr 08, 2007 4:24 pm) IN California, the mileage declaration form is right on the Certificate of Title. You can't get more TM than that. I still think this guy is okay if he sells the car. I wouldn't worry about it. Yes, you have 30 seconds of explaining to do, but with the sticker, your service records and CARFAX, you've got a very good story.
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Replying to: Mr_Shiftright (Apr 08, 2007 4:39 pm) I guess we'll have to agree to disagree on this one. -mike
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Odometer issues? I just walk away.. Even if it is the most ironclad explanation with the best documentation... Because.. when I get ready to sell it, all that is now third-hand information, and the next person will be even less likely to believe it.. With a hundred similar used cars out there, why take a chance on anything like that? IMO, the owner has a car with diminished value. |
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Replying to: Mr_Shiftright (Apr 08, 2007 10:13 am) Shifty, the reason being is that when an odometer statement is signed it reads "I______________________state that the odometer now reads" Meaning you are signing of on what the odometer says, not what the odometer says+the door sticker. And if the odometer is not the mileage then the box reading "I hearby certify that the odometer reading is NOT the actual mileage. WARNING-ODOMETER DISCREPANCY" must be checked. Which regardless of the documentation you have will scare future buyers |
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