CARFAX: Odometer Rollbacks See Dramatic Jump of 14% to 2.45 Million Vehicles
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Alarming Spike In Odometer Fraud Since Last Year Costing Unsuspecting Buyers Thousands
"Odometer rollbacks occur when someone alters the mileage stored in a vehicle's electronic systems to make it appear less driven," said
This year, CARFAX data shows vehicles with an odometer rollback averaged a loss of around
Top 10 states with the highest number of vehicles suspected of an odometer rollback:
States that saw the largest increase in vehicles suspected of an odometer rollback compared to last year include
"I needed to buy a car, and I negotiated the price down to something I could afford," said Seven Beverly from
How to protect from odometer fraud:
- Do your research: Pull the CARFAX report for the vehicle's history and check the title, maintenance, and inspection records to compare the mileage on the vehicle.
- Check for potential odometer fraud by entering your Vehicle Identification Number at www.carfax.com/odometer.
- Check out the wear and tear on the gas, brake, or clutch pedals.
- Always have a trusted mechanic inspect the car before a purchase. They should be able to tell if a vehicle looks older than its odometer suggests.
Editor's note: Localized data available upon request. Please contact
About CARFAX
CARFAX, part of S&P Global Mobility, helps millions of people every day confidently shop, buy, service and sell used cars with innovative solutions powered by CARFAX® vehicle history information. The expert in vehicle history since 1984, CARFAX provides CARFAX Used Car Listings, CARFAX Car Care, CARFAX History-Based Value and the flagship CARFAX Vehicle History Report to consumers and the automotive industry. CARFAX owns the world's largest vehicle history database and is nationally recognized as a top workplace by The Washington Post. Shop, Buy, Service, Sell – Show me the CARFAX®.
S&P Global Mobility is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets.
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SOURCE CARFAX
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