INDIANAPOLIS — As scammers look to capitalize on a hot used car market, records reveal odometer fraud is a growing problem in Central Indiana.
It’s an issue WRTV Investigates has been tracking for several years now.
A technician demonstrated for WRTV Investigates just how easy it is for conmen to use a simple tool and electronically roll back an odometer.
It took only seconds to change a 2009 Chevy’s mileage from 150,996 to 51,013.
A spokesperson said this change would increase the Chevy’s value by $3,000 to $7,300.
“Con men can make a quick buck by rolling these odometers back,” said Emilie Voss, a spokesperson for Carfax, a company that provides vehicle history information to consumers.
If you buy a rolled back vehicle, it could cost you thousands of dollars in value up front, plus even more money to maintain the car throughout its life.
"We do know in Indiana, the problem is also going up,” said Emilie Voss, a spokesperson for Carfax. “It's up 12 percent last year compared to last year and in the Indianapolis area, there's more than 11,000 vehicles that Carfax estimates are on the road. This is definitely a growing problem."
PREVIOUS | Craigslist seller failed to disclose odometer reading
Carfax offers a free odometer fraud check. You can also request a full Carfax orAutocheck reporton the car’s maintenance and crash history, which could also indicate possible odometer fraud.
Keep in mind, most cars average 12,000 to 15,000 miles per year, so if that’s way off, it could be a red flag.
Look at the gas and brake pedals for wear and tear to see if it’s matching up with the mileage.
In addition, you should have a mechanic look at the car before buying.
One-third of all car sales are through private sales, such as through Craigslist and other online forums, according to vehicle history report company Carfax.
Some private sellers may not disclose a car’s hidden problems or the real mileage so that they can get more money for the vehicle.
-
Indiana National Guard ends mission at the southern border
Nearly 50 Hoosier Guardsmen are coming home after being mobilized to support the Texas National Guard in Operation Lone Star, the Indiana National Guard said.Kokomo fire results in one dog fatality while another is rescued
A fire in Kokomo Monday night resulted in the loss of a dog, while another was successfully rescued by firefighters.25 people arrested so far in Johnson County drug bust
Twenty-five people have been arrested so far on Wednesday during a major drug bust operation in Johnson County.Crossing the finish line: Preparing for the 15th annual Carmel Marathon
Jennifer Joyce runs despite Parkinson’s, while Stephanie Thomas trains with her daughter by her side, both racing for more than a finish line.