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.
A technician demonstrated for WRTV Investigates just how easy it is for conmen to use a simple tool and electronically roll back an odometer.A spokesperson said this change would increase the Chevy’s value by $3,000 to $7,300.
"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."Carfax offers a free odometer fraud check.
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.
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