How to Change Mileage on Car and Avoid Odometer Fraud

June 12, 2024

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Odometer Fraud in Detroit: A Growing Concern


According to Carfax, odometer fraud is up 26 percent here in Detroit from 2019, and it's as easy as turning to eBay. It's pretty readily available, I believe I paid a little over $200 for this tool. We got a firsthand look from a repair shop on just how easy it is to adjust the odometer to a lower readout. There you go, that simple adjustment brought the 2007 Chevy Silverado from a $14,000 purchase to a $22,000 purchase.

Rise in Odometer Fraud

Odometer fraud is significantly increasing in Detroit, with a 26 percent rise noted from 2019. This indicates that the issue is becoming more prevalent and poses a growing concern for car buyers in the area.

Ease of Committing Fraud

"Driven to Pi! (Odometer at 314,159 miles)" by mlhradio is licensed under CC BY-NC 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by-nc/2.0/.

The act of tampering with the odometer is relatively simple. Fraudulent tools needed to alter odometer readings are easily accessible online, particularly on platforms like eBay.

Cost of Fraudulent Tools

"MiniVan Dashboard Odometer" by GoodNCrazy is licensed under CC BY 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by/2.0/.

Odometer tampering tools are not prohibitively expensive. An individual in the article mentions purchasing such a tool for a little over $200, making it a low-cost venture for fraudsters.

Demonstration of Tampering

"Vespa LXV speedometer and odometer" by noradio is licensed under CC BY-NC 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by-nc/2.0/.

A practical demonstration from a repair shop shows just how easy and quick it is to alter an odometer reading. This insight reveals the technical ease with which fraud can be committed.

Financial Implications

Altering the odometer reading has significant financial implications. For example, a 2007 Chevy Silverado's value was increased from $14,000 to $22,000 simply by adjusting the odometer to reflect a lower mileage. This highlights how odometer fraud can lead to inflated car prices, causing substantial financial losses to unsuspecting buyers.

Consumer Advice

In today's market, it's essential for potential car buyers to be vigilant. To avoid falling victim to odometer fraud, buyers are encouraged to thoroughly check service records, seek professional inspections, and verify vehicle history reports from reliable sources.



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