Types of Vehicle Auctions
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How to Buy a Reliable Used Car
How to Spot Flood-Damaged Vehicles
How to Spot Odometer Rollback
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How to Spot Odometer Rollback
The odometer is the component of the vehicle that records how far the vehicle has travelled since it was made - its mileage. A vehicle's mileage is a very important piece of information - since it gives an idea of how much wear and tear the vehicle has sustained, and thus has a direct effect on the vehicle's resale value.
Unfortunately some unscrupulous vehicle sellers may commit a type of fraud, known as "odometer rollback", in which they dial back the mileage shown on the odometer, so as to conceal the vehicle's actual mileage, and sell the vehicle for a higher price.
Even if you learn how to properly inspect vehicles† yourself, or hire a certified mechanic, detecting odometer rollback can be very difficult. There are however a few tell-tale signs to be on the look out for:
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