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Odometer Fraud The National Highway Traffic Safety Administration (NHTSA) estimates that 450,000 cars are sold with manipulated odometer readings every year at a cumulative cost of $1 billion in ...
Odometer fraud, also referred to as "busting miles" (United States) or "clocking" (UK, Ireland and Canada), is the illegal practice of rolling back odometers to make it appear that vehicles have lower mileage than they actually do. Odometer fraud occurs when the seller of a vehicle falsely represents the actual mileage of a vehicle to the buyer ...
Here's a troubling statistic: there's about a 3.5 percent chance that a car will have its odometer messed with in the first 11 years of its life.
The Federal Odometer Act, passed in 1972, modified the United States Code to prohibit tampering with a motor vehicle's odometer and to provide safeguards to protect purchasers in the sale of motor vehicles with altered or reset odometers. [1] The Act provides definitions and civil and criminal penalties for odometer fraud.
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Many vehicles have factory-installed anti-theft units, which provide protection through the ignition system. Under the hood there is a computer that controls the operation of the engine. It is programmed to verify that the RFID tag attached to the key is correct before the engine control module will allow ignition to occur.