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Other options to detect odometer fraud include contacting the vehicle's former owners, conducting a mechanical inspection of the vehicle with particular attention to normal but harmless wear and tear such as to floor-mats and the rubber on pedals (or to suspiciously new such items), and checking the vehicle's history report (see used car for a ...
The Act was intended to protect consumers buying used vehicles from odometer fraud, and is typically applied against sellers who intentionally tamper with an odometer to misrepresent the actual miles an automobile has been driven.
3. Gift Card Scam. Another hallmark of many scams targeting used car buyers is a request for gift cards as payment. When the buyer calls the fake toll-free number, they’re told to purchase gift ...
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
Purchasing a new car is a pretty straightforward affair. Buying used, however, requires you to do much more legwork to make sure you're getting a good car and a good deal -- and that you're not...
B Christopher/Alamy By Supriya Kurane U.S. federal and state authorities are investigating used-car dealerships to examine if they are inflating borrowers' income or falsifying employment ...
These cars have "rebuild" or "rebuild salvage" annotation in the title and can be registered and operated just like a car with a clean title. Cars that previously had "junk" title and were restored to road worthy condition get a new title and VIN after state inspection. The new VIN will not match any other VIN numbers on the vehicle doors or ...
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