How Odometer Fraud Became A $1 Billion Problem

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CNBC

CNBC

Күн бұрын

Пікірлер: 2 100
@AdamAarts
@AdamAarts Жыл бұрын
I used to work at an auto wholesaler, the amount of fraud they did was staggering. Punching out airbag lights, check engine lights, etc. Carfax killed a lot of that, thank God.
@FishFind3000
@FishFind3000 Жыл бұрын
With the lights being removed that’s why the do a light check when you put the car on accessory with engine off.
@the_kombinator
@the_kombinator Жыл бұрын
Hah, I once had a car that i could not get the CEL off - Bank 0 running lean - I changed the injectors, regulator, fuel pump, O2 sensors, etc. It would work for a bit, then come on again. Car ran absolutely fine, fuel efficiency on par with what it should be, no oil/coolant consumption. At the time, the emissions testing was done by sticking a probe in the tail pipe, but they would not do it if there was a CEL. So, using an LED and a 555 timer, (and a bunch of support parts) and a Radio Shack manual, I made a circuit that would turn the LED on for 5 seconds, and stuffed the LED where the bulb would go. The car passed no problem, well under the NOx, CO, and particulate emissions. Something must have happened to the wiring, as when the test was done and the tech was getting out of the car, the CEL turned on - he saw it and was like, "Well. you passed anyhow, $32.50 please." The resistor driving the 555 timer shorted to the LED (which turned off as it slowly burned out) turning it on. I never put the CEL back in, and 3 years later the car was sold for scrap.
@triptheroad
@triptheroad Жыл бұрын
@@the_kombinator I miss radio shack. Long live the 555 IC! Made many projects with that chip and occasionally still do.
@triptheroad
@triptheroad Жыл бұрын
This is why all your check engine type lights come on with the key if anyone was wondering. Make sure they all come on when you turn the key!
@jamram7825
@jamram7825 Жыл бұрын
Yea and a obd scanner
@Waxyjoessb
@Waxyjoessb Жыл бұрын
Last year I bought a used car, 2008 Volkswagen off a Facebook marketplace seller. The car was advertised to have 98 thousand miles. I test drove the car I liked it and purchased it. I was only 18 and it was all my money and I just wanted a better car then the one I had. As I was driving home I was looking at the title and the title stated the car had 170,000 miles in 2014. Told my mom what I had noticed on the paper, she left her job that second drive 45 minutes to this guys shop, and she tore this guy a new one. He immediately gave the money back, after she threatened to call the police and take him to court.
@AllenHanPR
@AllenHanPR Жыл бұрын
I love Mom's sometimes they have some superpowers. I remember when I was in Asia, I was a kid that was picked on by some local gangsters at a local Computer place, the gangsters showed up and started picking on me to the point I was crying, the owner told me to go home. I went home sobbing and my Mom asked what happened, I thought it was nothing she could do about it. She saw I had cigarette burns on the back of my neck and hands. She called her boyfriend at the time who was a Yakuza boss, I didn't know him well, but he showed up with two minions and drove me to the computer place and told me to point out who did it to me, I didn't rat them out. The next day I was riding my bike and they chased me down and apologized and took me out to lunch and had my back ever since. I later to find out my Mom's boyfriend was a well connected gangster and they were extremely scared of him.
@Eastsid3
@Eastsid3 Жыл бұрын
Had something somewhat similar to this happen
@wryckingbaul8612
@wryckingbaul8612 Жыл бұрын
r/ thathappened
@bobmcl2406
@bobmcl2406 Жыл бұрын
I hope mamma bear reported it anyway, to prevent the next person being defrauded.
@NathRebornsK
@NathRebornsK Жыл бұрын
Wow. Your mom looks cool to decide whether call the police or not. Sounds like gonna go brrr...
@Kennb17
@Kennb17 Жыл бұрын
I literally just picked up my car from my mechanic, that happens to be a good friend of mine and he told me that his computer shows that my car has 300,000+ miles on it and the odometer shows less than 200,000. Thinking about who I purchased my car from I can totally see them doing this. Very furious right now.
@Ariel0104
@Ariel0104 Жыл бұрын
what car is it?
@Kennb17
@Kennb17 Жыл бұрын
@@Ariel0104 2011 Chevy Cruze
@robinlecouteur7519
@robinlecouteur7519 Жыл бұрын
In NZ we have Carjam where you can check the milage that gets updated every WOF (yearly safety check) so you can see if there's anomalies
@larrylaudig5197
@larrylaudig5197 Жыл бұрын
@@robinlecouteur7519 We have a similar company called Carfax here in the USA.
@omerahmed6282
@omerahmed6282 Жыл бұрын
What computer did he use to identify the real mileage
@Dwayne-mb2uj
@Dwayne-mb2uj Жыл бұрын
I worked in a car dealership and the guys that did this made me sick , where I worked the owner knew and said it was the American way to make a profit and the other guys were doing it so we had to do it as well . I quit my job and started doing other types of work because it was across the board in everything.
@Rust_Rust_Rust
@Rust_Rust_Rust Жыл бұрын
Instead of reporting it? Thanks Dwayne
@rafaelmontoya1454
@rafaelmontoya1454 Жыл бұрын
@@Rust_Rust_Rust yeah dwayne
@ntvypr4820
@ntvypr4820 Жыл бұрын
@@Rust_Rust_Rust It's so widespread what is D's reportage going to change? A drop in a bucket? Technology CAN fix this. As medical boards did to control doctor shopping and multiple scrips so all that is mostly done. But up till now as usual still not the will. I give him credit for having the integrity to not be a part of the thievery and moving on at least.
@sha9543
@sha9543 Жыл бұрын
Good for you man it's better to eat a small piece of bread that you earned with honesty than a burger you got with dishonesty
@gravity7208
@gravity7208 Жыл бұрын
there should be some facality to report crime like these.
@tsbrownie
@tsbrownie Жыл бұрын
There are other much simpler frauds. A friend was selling his late model Accord. Guy comes from 2 states away. Takes it for a test drive and when he comes back, the "check engine" light was on. Offered $1000 less and my friend took it. It's very likely the guy drove out of sight, popped the hood and disconnected a sensor / wire. You should not let someone take your car for a test drive alone. If you don't want to go along, just say no and decline the sale.
@Captain_Jack514
@Captain_Jack514 Жыл бұрын
Just unscrew the gas cap and the check engine light will light up.
@danko5866
@danko5866 Жыл бұрын
Why did that guy disconnect it?
@WheelEstate
@WheelEstate Жыл бұрын
@@danko5866 to get a better deal
@lafeaclipz7319
@lafeaclipz7319 Жыл бұрын
@@danko5866 to make it seem like the car had problems reason why he got it 1k less
@joergkalisch7749
@joergkalisch7749 Жыл бұрын
He was lucky the guy came back in the first place 😂
@xavier3241
@xavier3241 Жыл бұрын
Sad part about this is who’s getting screwed, and most of the time is people with low credit scores that cannot afford to buy at a big reputable dealer, and end up at BHPH dealers.
@Felixdon56
@Felixdon56 Жыл бұрын
People with low credit scores there because they weren't taught about the importance of credit, but now that it's bad they can fix it
@PresidentEvil
@PresidentEvil Жыл бұрын
people with low credits scores are the dumbest people in society
@ZavHustles
@ZavHustles Жыл бұрын
Doesn’t matter what dealership you buy from, reputable dealers screw people over all the time… you run this risk when buying a used vehicle
@Gstunfisk
@Gstunfisk Жыл бұрын
@@Felixdon56 Generally also means that they are dumber as well
@SuperGuanine
@SuperGuanine Жыл бұрын
WHAT IS BHPH?
@gen-X-trader
@gen-X-trader Жыл бұрын
if i was a cop this would be what i would strive to get into. scammers bother me more than any other type of crime. they hurt people. often creating mental scars for life and are so pompous about what they do.
@XX-166
@XX-166 Жыл бұрын
As if they don’t have enough stuff to do 😂😂😂😂🤡
@zatomlzxzanamolzy1253
@zatomlzxzanamolzy1253 Жыл бұрын
@@XX-166 Like locking people up for minor drug possession? You can't even comprehend what the guy wrote and you're calling him a clown. He didn't suggest that all police officers should stop everything else they do and use all their resources catching people that are guilty of this type of crime, he said if he was a police officer, this is what he'd strive to get into. Probably meaning that he'd work in the fraud department. I know nobody asked but if I was a police officer, I'd strive to make it so we could lock people up who argue by attacking a straw-man, like you just did...
@DavidSmerkous
@DavidSmerkous Жыл бұрын
I totally agree with this. This reminds me of the call scams where they steal tens of thousands of dollars from people in their 80s/90s because they don't know any better. It makes me want to move to Kolkata and hunt them down.
@XX-166
@XX-166 Жыл бұрын
@Will Rivers the police don’t work alone.. there’s prosecutors that have a job to do after the apprehension Forrest.
@XX-166
@XX-166 Жыл бұрын
@@zatomlzxzanamolzy1253 it’s nice that you’ve assigned yourself as his public relations girl. You wear that skirt proudly goober. Too bad your minor marijuana case didn’t go well for you.
@MISTERLeSkid
@MISTERLeSkid Жыл бұрын
When I was 15 (1982) and my parents were gone for a week, I took out our 1979 F150 for a joyride and when I got back, I dismantled the entire dash, took apart the cluster down to the actual wheels with the numbers and rolled it back the roughly 15-20 kms I had driven. Realizing afterward that this was way too much work, I then got under the truck to where the speedo cable goes into the transmission, pulled out the little gear, stuffed the hole with a wine bottle cork and that's how I snuck-in unauthorized miles, the old-school way lmao. I would find out later in life that my parents did not log miles as I suspected. Oh well.
@onjofilms
@onjofilms Жыл бұрын
lol, I too in 1978 too out the family's Buick to drive around town. Never thought about changing the mileage.
@JJ-mh3hb
@JJ-mh3hb Жыл бұрын
You could also driven backwards but 15-20kms would have been impressive
@lennyf1957
@lennyf1957 Жыл бұрын
If you actually did something like that, stuck in a wine cork, when they drove the car the speedometer would read zero and if they had half a brain they would get suspicious.
@RP-dy5mu
@RP-dy5mu Жыл бұрын
Jeez, I really feel bad for your parents that they had to raise such a horrible person. I would never do something that disrespectful and deceitful.
@MISTERLeSkid
@MISTERLeSkid Жыл бұрын
​@@lennyf1957 Ummm, "actually"? I wasn't brainless. It was one bolt and it took all of one minute so I did it each time I took the truck out. That included taping a plastic baggie over the end of the speedo cable that had the little gear on it and tying it off so it didn't drag on the road.
@rile_up
@rile_up Жыл бұрын
I thought about this when I bought a cluster at a junk yard to practice changing the LEDs. My truck has over 300k on it and it would be too easy to get a cluster anywhere with less miles. Fortunately I love my 4runner and the high mileage is a badge of honor haha.
@kalesoup7633
@kalesoup7633 Жыл бұрын
I feel the same way even though I’m only at 160k. I want more miles!!! 😂😂😂
@NorthernWindNut
@NorthernWindNut Жыл бұрын
Even with high miles you'd fetch a good price for that
@DOJAx707
@DOJAx707 Жыл бұрын
​@@NorthernWindNut you ain't lying. 4runners hold their value extremely well.
@9ZERO6
@9ZERO6 Жыл бұрын
A mark on Carfax that shows an odometer has undone many fraudsters plans. As a mechanical claims adjusters that has studied vehicle records and carfaxes in depth, I can tell we know how to spot this fraud. Dig a alittle and you will be surprised.
@nowake
@nowake Жыл бұрын
@@NorthernWindNut Someone who'd buy a 4runner with 280,000 miles would certainly buy one with 480,000. It's not brand-new, they should know what they're getting into.
@berthayes7240
@berthayes7240 Жыл бұрын
I am glad the feds still look into this crime. Large and smaller police depts have a hard time allocating resources to these crimes. Good job to all you guys who work these cases.
@glengarbera7367
@glengarbera7367 Жыл бұрын
I was warned by a exotic car dealership in Toronto to never buy a luxury car or exotic that didn't have extensive service records. Also said doctors, lawyers and accountants were some of his biggest customers for this service.
@asoka7752
@asoka7752 Жыл бұрын
Same goes for women too.
@SuperGuanine
@SuperGuanine Жыл бұрын
@@whatwasisaying1338 wHAT IS YOUR COMMENT?
@jackbailey7037
@jackbailey7037 Жыл бұрын
@@SuperGuanine 🍅
@MissMaserati
@MissMaserati Жыл бұрын
I would be on notice even talking to an exotics dealer, even if they did offer records because those aren't hard to fake. The people who try to turn profit on that gig almost always find out the hard way that rolling profits from one customer to another eventually ends in a fraud case. It's not quite the profitable business people might imagine it is dealing in collector cars, it can be a volatile speculative market. Naive me worked for one of them for 3 months, that dealer ended up in jail 5 years down the road and several other dealers where friends bought cars have open investigations with all the same tumbling dominos of circumstance. Especially any of those which do consignment, you just never know if you'll get the title for the McLaren you bought or wonder why the bank still wants payments on a car you sold. It is unfortunately a very common story in the exotic car communities.
@JoseRodriguez-ey7ju
@JoseRodriguez-ey7ju Жыл бұрын
​@@MissMaserati the main reason exotic car owners face issues like those regarding fraud is because most of them can't reasonably afford the cars from a reputable place anyway and so they resort to buying their exotic and luxury cars from shady people that forge paper work and roll back odometers.
@Anon1mous
@Anon1mous Жыл бұрын
I had a buddy who sold a car he posted online with 180,000 miles on it. Shady guy came and bought the car on the spot with no test drive. An hour later the same car was posted for sale using the same photos but with 100,000 less miles and a higher price. In my experience, at least here In CA, no one wants to say it out loud, but there are certain people who sell used cars that I steer away from because they are shady and known for this type of activity. Like the cop said, if it’s too good to be true, it probably is but people are blinded by that “great deal”!
@JeredtheShy
@JeredtheShy Жыл бұрын
I don't know that they're so blinded. Maybe a couple years ago, 2019, a clean car in decent condition with 80k miles was a 10-12k car, fair and square. Now the same car might want more like $20k or more for the same miles, same car. Cars don't actually get more valuable with time or mileage, so somebody doesn't think "impossible deal!", they think ah, prices have finally come back down to something that makes sense. Then it turns out that it was more like 180k miles, not 80k.
@DustyDustGaming
@DustyDustGaming Жыл бұрын
‘Certain people’
@Treekicker
@Treekicker Жыл бұрын
@@DustyDustGaming Criminals, that's all.
@ChErRyaVe20pK
@ChErRyaVe20pK Жыл бұрын
@@DustyDustGaming black people
@Xkolaxx
@Xkolaxx Жыл бұрын
Just say it out loud, im curious
@penrodautorepair3170
@penrodautorepair3170 Жыл бұрын
You wouldn’t believe how many times I’ve had people ask me to roll their odometers back when I had my shop in Detroit. I never did it an never will.
@karimaogden3875
@karimaogden3875 Жыл бұрын
Did you report them to the police or DMV?
@raylopez99
@raylopez99 Жыл бұрын
An honest car mechanic, a rare find sometimes.
@realtalk6195
@realtalk6195 Жыл бұрын
@@karimaogden3875 Start reporting customers for making a request, and you're just going to have customers avoid you outright. Just say no and keep it moving, Karen.
@dentatusdentatus1592
@dentatusdentatus1592 Жыл бұрын
Well I roll back odometers for my homies everyday for free. 😎
@TrayJayRecords
@TrayJayRecords Жыл бұрын
@@karimaogden3875 You clearly have what it takes to run a business karen
@bam_henry
@bam_henry Жыл бұрын
This actually scares me. I just shudder at the thought of having to be wary and a bit paranoid when buying used cars. As one commenter said, scammers truly are a different breed of criminals.
@NeoFreshair
@NeoFreshair Жыл бұрын
Listen to the engine especially the ones stating low milage! You can tell the difference between high mileage engine and mileage one! Always get down and look under the vehicle to see any rusts or oil leaks, and check the vehicle!! Best way is to buy a car from trusted family members, friends or honest dealer!!
@jamiegarrett3869
@jamiegarrett3869 Ай бұрын
​@@NeoFreshair taking the carpet and seats outs shows alot
@theresahall2364
@theresahall2364 Жыл бұрын
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@theresahall2364
@theresahall2364 Жыл бұрын
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@anyabxb2373
@anyabxb2373 Жыл бұрын
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@theresahall2364
@theresahall2364 Жыл бұрын
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@henrypatterson1281
@henrypatterson1281 Жыл бұрын
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@henrypatterson1281
@henrypatterson1281 Жыл бұрын
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@donovansigler1306
@donovansigler1306 Жыл бұрын
Lost $4500 when I bought a 2006 Infiniti m35, odometer read 112k miles. After 3 months of driving, the engine blew and after taking the entire engine apart, it was discovered the actual mileage on the engine/transmission was 345k miles. It was all of my savings, now in the dust.
@anurag-kumar20
@anurag-kumar20 Жыл бұрын
Damn. Not sure if it makes financial sense, but please sue the seller.
@Domspun
@Domspun Жыл бұрын
Lesson learned I guess, Never put all your savings into a car.
@takoflame4948
@takoflame4948 Жыл бұрын
damn i was gonna buy a corolla once and ran the carfax. car had 10 previous owner and 400k miles lol. they listed as 130k
@u-shanks4915
@u-shanks4915 Жыл бұрын
@@Domspun Cars are tools not investments
@eurosonly
@eurosonly Жыл бұрын
That's heart breaking man. Sorry to hear that.
@williamjones7821
@williamjones7821 Жыл бұрын
I remember the infamous "Columbus Ohio Odometer Tamperer" case from 1985. Some guy was ordered to roll back the odometers on some old city vehicles that were being auctioned. I think most of them were old police cruisers. His defense was "I was only following orders". That didn't work in the Nuremberg war crimes trials after World War Two, and it didn't work here. The guy ended up doing time in the late 1980s at a prison across the street from the prison where my uncle did his time for aggravated burglary. And yes, starting in 2001, all cars manufactured for the US market are required to keep a second, secret odometer reading in the engine control unit. This won't stop sophisticated criminals, but with the right scanner, you can catch the unsophisticated car salesmen and hopefully get them prosecuted.
@ckm-mkc
@ckm-mkc Жыл бұрын
It's not foolproof, most high-end scan tools can change those secondary values as well, but it is more work.
@AceBoogyStacks
@AceBoogyStacks Жыл бұрын
@@ckm-mkc they said it won't stop sophisticated criminals
@chumpthetraitor7331
@chumpthetraitor7331 Жыл бұрын
@@ckm-mkc no.
@tsiefhtes
@tsiefhtes Жыл бұрын
​@@ckm-mkc Many odometers are digital now leaving the computer is the sole record of the milage. If you order a new computer one of the things you are asked is what the current milage is so the new computer can be programmed to reflect that. There is no verification so all it takes a lie to change the reflected milage.
@johndc2998
@johndc2998 Жыл бұрын
​@@tsiefhtes thats not why they ask you the mileage.
@benjaminkessler8169
@benjaminkessler8169 Жыл бұрын
I used to work for Porsche dealer in Germany. Most cars were business leases for tax reason, but the set miles was always 10k Kilometers because Porsche financial wouldn’t do more since it decreases value rapidly. So many if not most customer went to roll their odometer back once a year before it was in for a service. We had a used 996 Turbo in one week with 190k and two weeks later we did a pre purchase inspection with 75k lol 😂 I swear there are not many Porsche with original miles out there. Especially old Porsche with single VDO mechanical gauges are always tempered with
@sunnohh
@sunnohh Жыл бұрын
As a porsche owner who actually puts very few miles on my car and bought it new, this is surprisingly reassuring…first german car and still worried german cars are reliability nightmares, so far better than my honda was new
@alext3811
@alext3811 Жыл бұрын
I don't see why they don't build the odometer into another part of the car where they're using digital displays anyways. Why can't the computers that run the cars keep track of that and just communicate that through the CANbus (is that the right case?). Hell, game consoles have been using efuses (digital fuses) to prevent downgrading of firmware since the Xbox 360 iirc, and apparently some modern Android phones use it (wikipedia).
@FishFind3000
@FishFind3000 Жыл бұрын
@@alext3811 they do, I know for bmw they sync the odometer into multiple other electric modules in the car so if you start swapping parts and they don’t match it triggers the tamper dot. Even with electronics they can me manipulated.
@gaedzable
@gaedzable Жыл бұрын
@@alext3811 they do, many cars store the mileage in many different computers on the car. However, getting to this information can require expertise or special tools/software.
@hithere7382
@hithere7382 Жыл бұрын
@@alext3811 I purchased a '14 accord sport 6spd manual at the end of 2013 and since then I've put 39,439 miles on it without any niggles except a crappy stereo, that was rectified for $3,000 at the local sound shop. Since then I've put better tires on it twice (purely by choice), window tint, 10 oil changes, one recall for the battery sensor on the negative battery terminal connector. It still works great.
@neonnoir9692
@neonnoir9692 Жыл бұрын
I rolled my odometer forward to pay less taxes and less insurance. 260k miles and runs like a top. Keeping it til the wheels fall off so works for me 🤷
@johntracy72
@johntracy72 5 ай бұрын
Isn't that fraud too?
@CraigTheBrute-yf7no
@CraigTheBrute-yf7no 29 күн бұрын
And less resale value? 🤦‍♂️
@jerryt4053
@jerryt4053 4 күн бұрын
If you have to hide it to benefit from it or lie to get it. The Lord calls that a sinful practice. 🙏🏽
@CA-lk6fd
@CA-lk6fd Жыл бұрын
This is why it’s good to know a good experienced mechanic. Most of the time, there will be telltale signs of way more mileage than showing on the cluster. One of my great uncles was a used car dealer back in the 70’s when they started cracking down on this. Back in the day when you could do with a drill in reverse. Long story short, he got caught running miles back by an undercover officer. He was a really bad alcoholic at the time, he later went to rehab, and stayed clean for about the last 25 years of his life. Lots of people don’t know what to look for, and there are so many crooked car dealers out there, and that’s a shame because there are lots of honest ones out there too.
@mcchristenson
@mcchristenson Жыл бұрын
I actually know someone who went to prison for a bit for doing this at his dealership. Didnt know about it until he got caught and I knew the family very well. Glad I wasn't of age to buy a car from him. Imagine how much this is going on that are not in these statistics.
@roberttheodoregeorge
@roberttheodoregeorge Жыл бұрын
Pretty lucky you weren't a victim
@dave1956
@dave1956 Жыл бұрын
I worked in the car business back in the “bad old days”. Cars had mechanical odometers that were frequently turned back. Prior to 1972 in Wisconsin where I have lived most of my life there were no odometer laws. I worked for old timers in the business and oh boy can I tell the stories about things that were related to me. Maybe I am naive, but with the advent of the digital odometer, I had assumed that this practice was a thing of the past. Thank you for bringing me back to reality.
@jamiegarrett3869
@jamiegarrett3869 Ай бұрын
how many did you do
@kevmorris3000
@kevmorris3000 Жыл бұрын
This article would be better if it offered suggestions on how to spot odometer fraud. Ideas like looking for excessive wear on parts of the car that wouldn't match what the odometer shows. Checking the Carfax report. Etc.
@megamanx466
@megamanx466 Жыл бұрын
Other than the odometer, a dealer might also try to hide an accident(s) that the vehicle got into. Sometimes you can tell with front end collisions under the hood by the sheet metal of the frame not matching up with the body around bolts that hold the front of the body to the frame.
@ebindy4951
@ebindy4951 Жыл бұрын
There are several cheap code readers for $100 that read multiple modules. That’s the best weapon against odometer fraud. The transmission control module will store the odometer reading along with the ECU & Body Control Module.
@applebutter4036
@applebutter4036 Жыл бұрын
I was hoping for a few more useful tips. Just looked at a motorhome that said it had 50k, but the brake petal was worn to bare metal and I could feel the springs in the seats. Seemed closer to 350k than 50.
@fortheloveofnoise
@fortheloveofnoise Жыл бұрын
​@@ebindy4951 doesn't work on old cars
@beastfromtheeast9318
@beastfromtheeast9318 Жыл бұрын
It’s easy, a visual inspection and simply just driving it you can tell something is off. Look for the obvious, like a worn front seat typically front the left bolster of the driver seat, look for wear on parts a driver touches the most (shifter, steering wheel, multifunction switch, radio/climate control buttons, etc). Also, check for leaks, gaskets and seals wear and at high mileage begin to have some seepage of fluids. Also check the suspension/steering components like the ball joints. Low mileage cars dont have any cracking or wear around them, I recommend putting the car on a lift and checking these parts that way you can see if there are any play in these components. Ball joint play is associated with high mileage.
@stevenhudson6354
@stevenhudson6354 Жыл бұрын
Success is not built on success. It's built on failure, It's built on fraustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in life
@rebeccagilbert7691
@rebeccagilbert7691 Жыл бұрын
​@Carl Garza O' Yes I'm a living testimony of Mrs Victoria Alejandro.!
@rebeccagilbert7691
@rebeccagilbert7691 Жыл бұрын
Victoria has changed my financial status for the best.!
@rebeccagilbert7691
@rebeccagilbert7691 Жыл бұрын
All thanks to my aunty who introduced her to me.!
@libbystevens4328
@libbystevens4328 Жыл бұрын
​@joshua730thphilibus2Victoria Alejandro has really made name for herself
@libbystevens4328
@libbystevens4328 Жыл бұрын
I'm not here to converse for her but to testify just for what I'm sure of
@19hundoc47
@19hundoc47 Жыл бұрын
Carfax saved me one time. Was going to purchase an F250 with 250k miles and did a carfax before buying and it showed multiple service records at over 400k miles
@jamiegarrett3869
@jamiegarrett3869 Ай бұрын
buy a dodge fool
@Chad-wb7du
@Chad-wb7du Жыл бұрын
This is why when I buy used cars, I check that the ID of the person I’m buying from matches the title. I got burned once and I bought an old truck from a guy that had stolen the truck and the title from a family member.
@megamanx466
@megamanx466 Жыл бұрын
I've heard from a DMV in Florida that you should have the buyer go with you when transferring the title to make sure they don't keep the title in your name. Scams can go both ways, so always be careful and have paperwork when large amounts of money are being exchanged.
@ckm-mkc
@ckm-mkc Жыл бұрын
I always get a copy of their drivers license, buy or selling a car. Also, run a Carfax and an auction record check like EpicVIN. The last thing is that mileage is not just stored in the cluster, higher end scanners can pull mileage from several modules in the car. When buying & selling cars, I also Google them and their address to see if it throws up any flags.
@thedaywillcome
@thedaywillcome Жыл бұрын
What does that have to do with rolling back the odometer lol
@dr.z3426
@dr.z3426 Жыл бұрын
Wow you check the ID!? Crazy stuff man do you also verify the VIN!?
@Chad-wb7du
@Chad-wb7du Жыл бұрын
@@thedaywillcome they mention this in the video, another sleazy thing
@Newchannel9o6
@Newchannel9o6 Жыл бұрын
As teens a friend worked at Uhull in the mid 80's he told me how fraudsters would rent the trucks & simply disconnect the speedo wire & put a couple thousand miles on it. Around a week later it had just 25mi's added upon returning it. It's crazy because i remember seeing ppl in my area driving them for weeks.
@mike3271
@mike3271 Жыл бұрын
I couldn't believe how easy this is. I ordered a new dash for my Tahoe off eBay and almost fell over when they emailed me and asked me the odometer reading without requiring any proof so they can program the miles. If I wasnt honest I could have told them 500 miles instead of 90k and they would have done it
@thetechconspiracy2
@thetechconspiracy2 Жыл бұрын
Many cars store the odometer reading in multiple places (dashboard, ECU, etc.). I had a Taurus where it (along with the VIN) was in the PCM as well as the dashboard (and I believe it was also stored in another computer), and they all had to match, otherwise they would throw a bunch of warning lights.
@graemeforssberg3986
@graemeforssberg3986 Жыл бұрын
I had a Nissan R31 Skyline and when the odometer failed at 385ks. I took it to an instrument repairer who subsequently told me that spares to repair the odometer were no longer available so I managed to find a junkyard replacement with only 220ks on the odometer. I took it to the instrument repairer and asked him to wind the odo forward to match the old one. He was dumbstruck that someone would request increasing the odo distance forward.
@jamiegarrett3869
@jamiegarrett3869 Ай бұрын
😂
@jasmith1867
@jasmith1867 Жыл бұрын
After HighSchool my friend move to the big city and got a good job. He bought a new car and put 48 thousand miles on it in a very short period. Then he lost his job and came back home. He had to sell his one year old car to get by. The most prestigious new car dealership in our area bought the car. Later we saw it on their used car lot. We looked at the odometer and it read 28 thousand miles. I'm thinking every car lot does this as a regular practice if they can get away with it.
@GlamStacheessnostalgialounge
@GlamStacheessnostalgialounge Жыл бұрын
Oh definitely, Every car I ever bought I just assume has at minimum 60k more miles than it says.
@NathRebornsK
@NathRebornsK Жыл бұрын
Wow... Lost the job due to a car malfunction? What a blasphemy...
@zeph_os
@zeph_os Жыл бұрын
I remember looking at a Ford F150 for sale as a repair project. Service records and auction records said around 160k miles but the listing said 120k on the odometer. I think the seller was just hoping I wasn't gonna look into it beyond just a basic accident report
@eurosonly
@eurosonly Жыл бұрын
I've purchased a car recently with only 30k miles from the auction. I've done some research on these cars and almost every single one I've seen that was for sale always had at least 180k miles on it. After coming across this video, I'm worried now.
@potathooo
@potathooo Жыл бұрын
How old is the car? Are the rubber suspension parts hard & cracked? Are there lots of small chips on the front bumper & windshield from highway driving? Are the seat bolsters wrinkled/cracked/torn from getting in and out hundreds of times?
@angelmonroy9644
@angelmonroy9644 Жыл бұрын
​@@potathoooI 30000 mile car will turn on and run very crispy and smooth
@pedrobetancourt
@pedrobetancourt Жыл бұрын
Carfax report it's very accurate
@MX-CO
@MX-CO Жыл бұрын
​@Pedro betancourt It's better than nothing but not extremely reliable because many cars don't have mileage reported. I sold cars for 20 years, and depending where people get repairs done. Some places don't report to carfax. I still do recommend it
@MX-CO
@MX-CO Жыл бұрын
@Captain Blacktooth I bought at auction because I was a dealer, But nobody wants to buy a car with 100k miles only to find out it really has 240k
@pedrobetancourt
@pedrobetancourt Жыл бұрын
That's why I started buying new cars. About 8 or 9 years ago i was trying to buy a van from some Salvadoran dude in Oakland. He claimed that it had 140k miles but when i checked with Carfax it said it had 280k and was totaled in Texas
@alxanderrodriguez460
@alxanderrodriguez460 Жыл бұрын
In 2013 I bought a 98 prelude for $5,000. The odometer said 124k miles but someone who knew the original seller told me it was wrong. I contacted an odometer investigator and after further investigation he found it was rolled back and said I was entitled to 3x what I paid for the car so $15,000. I went with him and an officer to the sellers work and he was in tears, I ended up getting to keep the car and he had to pay me an amount I was satisfied with. I just made him give me 5,000 and I kept the car 👍
@Rx330lexuslover
@Rx330lexuslover Жыл бұрын
Alexander why are you giving out false information? I am a dmv investigator and you won’t get 3x what you paid for. All cars sold on the street are AS-IS. AS-IS means you are liable after the deal. Please stop giving out false information.
@justinhopper5941
@justinhopper5941 Жыл бұрын
There’s a guy in my city that has an “odometer fix”buisness. He fixes odometers but also spins them for 300$ to any number you want. He has software on his computer that plugs into the OBD port. He paid over 50k for the setup, and can do any car except the newest dodge diesel models. There’s always a lineup down the street from car dealers for his service.
@7twenty8
@7twenty8 Жыл бұрын
Who else thought of Matilda's dad? 😂
@mrbears34
@mrbears34 Жыл бұрын
LoL same here 😂
@VladimirJacinthe
@VladimirJacinthe Жыл бұрын
Instantly, especially how chill he was about it.
@kellysmith7357
@kellysmith7357 Жыл бұрын
what? i mean there is literally a clip of that movie in the video lmao
@TheOnlyName
@TheOnlyName Жыл бұрын
lol I did
@jblyon2
@jblyon2 Жыл бұрын
Man, when I was in college I bought a new gauge cluster for my car. I took the new one apart and used a paperclip to INCREASE the mileage to the current mileage on the old cluster. All the service was done by me in my Dad's garage. Apparently I'm an honest schmuck that could have increased the value of the car!
@2148aa
@2148aa Жыл бұрын
You will never work in the Trump Whitehouse. The good news is that heaven awaits you.
@Sommers234
@Sommers234 Жыл бұрын
You knew at the time that being dishonest would have likely made you more money. And you chose not to do it.
@morkzorckerborg5000
@morkzorckerborg5000 Жыл бұрын
this is rampant among exotic/supercars, while the manufacturers know, they dont want to combat it or make more of a spectacle of it. The best thing you can do is to look over all the service history they usually list date/mileage, and get a different shop to do a full pre purchase inspection. a $200 inspection can save you thousands and give you the peace of mind you are looking for.
@velocirshtr3756
@velocirshtr3756 Жыл бұрын
Who does ore purchase inspections
@Razor-gx2dq
@Razor-gx2dq Жыл бұрын
@@velocirshtr3756 probably a mechanic that you know and trust
@patpatpat999
@patpatpat999 Жыл бұрын
Car Fax is your best defense for a car with multiple prior owners. You can see how long each person had it, and how many years were driven per year. It limits how much you can roll it back.
@Clorox__Bleach
@Clorox__Bleach Жыл бұрын
The problem is it only shows the reported services on the car. You could lie to places or roll back an odometer, and then service the vehicle. You could drive 15k miles and then report it as 5k for your first service.
@JasonB808
@JasonB808 Жыл бұрын
That’s why I want to buy new. People be selling used vehicles from 2017 for $25,000 or more when a new model with a higher trim level would be 30,000. I may have to wait for it but way better than buying used car with inflated prices.
@ziaride
@ziaride Жыл бұрын
Sometimes it's the motor vehicle department's fault. I bought a motorcycle that had a failed speedo and the cluster was replaced and the new odometer was about 80k less. This was all disclosed at sale. When I tried to register it they said they can't write in an unknown milage and they used the new mileage on the title 80k under actual despite me telling them it was wrong.
@LJAYTHATRUTH
@LJAYTHATRUTH Жыл бұрын
This happens to me also
@LJAYTHATRUTH
@LJAYTHATRUTH Жыл бұрын
I had an old Monte Carlo with situation
@Matt_from_Florida
@Matt_from_Florida Жыл бұрын
Most states issue a *TMU* title in that instance *(true mileage unknown).*
@mikea5745
@mikea5745 Жыл бұрын
It's surprising to me how primitive NHTSA's investigation methods are. I know they're underfunded, but they've barely improved their techniques since the 90's
@gg-gamers
@gg-gamers Жыл бұрын
Well, I'm pretty sure they don't have a doctor Von Braun,.short of somebody else doing something about it, it'll never happen
@letsburn00
@letsburn00 Жыл бұрын
Fraud investigation by the government is about the only thing which can stop this kind of thing. I can imagine car dealships who do this kind of fraud protest against proper funding for these guys. Remember, someone trying to save you money from fraud probably gets called "red tape" by someone.
@Palvader
@Palvader Жыл бұрын
I've mostly seen this happen at used car dealerships. I have a friend who is a dealer in the Carolinas, and he is probably the only one within 20 miles with honest odometer readings.
@AKT0B0S
@AKT0B0S Жыл бұрын
That’s really concerning bro
@caldanga19
@caldanga19 Жыл бұрын
“The only one” lol sure budddy
@carsonhirtle7373
@carsonhirtle7373 Жыл бұрын
@@caldanga19bud all he means is it’s prevalent
@saltxgroup
@saltxgroup Жыл бұрын
Not true at all. It is much more difficult to do now and is a felony as well. People don’t do it because of these same reasons.
@bdiamond545
@bdiamond545 Жыл бұрын
Omg how could it happen at a new car dealership? This maybe the dumbest thing written on all of the internet today
@hubertdeyette5070
@hubertdeyette5070 Жыл бұрын
That was common practice back in the 60s by many car companies. My father trained his car in to a Plymouth dealership. I looked at it and it had 20. Thousand miles less on it when he traded it.
@HerbzAutoCare
@HerbzAutoCare Жыл бұрын
This is why pre-purchase inspections are important!!! One of my favorite services I offer. I've saved over 100 clients from fake milage cars
@mrbobbilly2
@mrbobbilly2 Жыл бұрын
the problem is some of these dealerships make fun of you if you try to get a mechanic to inspect the car before buying it
@HerbzAutoCare
@HerbzAutoCare Жыл бұрын
@@mrbobbilly2 they do! But a real shop never minds if they have nothing to hide
@oB_Session
@oB_Session Жыл бұрын
How do you uncover a false mileage during pre purchase inspection?
@HerbzAutoCare
@HerbzAutoCare Жыл бұрын
@@oB_Session first do a visual inspection to see if the vehicle looks like it has the miles advertised. Then I'll check carfax. To dig even deeper I'll send oil samples off to get tested.
@oB_Session
@oB_Session Жыл бұрын
@@HerbzAutoCare thank you 🙏
@Sommers234
@Sommers234 Жыл бұрын
in the 70's I had a school teacher who traded used cars as a side gig. He did egregious rollbacks on every car he bought. And in those days it was as easy as calling his guy to come over and get 'r done.
@andrewenriquez3138
@andrewenriquez3138 Жыл бұрын
It's till that easy
@justinhopper5941
@justinhopper5941 Жыл бұрын
It’s easy still. There’s a guy in my city with an “odometer fix” buisness and a 50k software that plugs into the obd. And he can spin back any digital odometer to any number you like, he charges 300$.
@cst2028
@cst2028 Жыл бұрын
Always get a pre purchase inspection. Excessive mileage will most times be obvious by the wear that occurs on the vehicle's parts, or the after market parts that have been installed. Usually parts have a typical life span. Most suspension parts will last 100k . If you see replaced suspension parts,non oe parts you know the odometer is a lying.
@skoparweaver7692
@skoparweaver7692 Жыл бұрын
Or just get a carfax....
@mikelarry2602
@mikelarry2602 Жыл бұрын
@@skoparweaver7692 They don't get everything. Having a Mechanic check it out is your best bet.
@el_Chupo
@el_Chupo Жыл бұрын
@@skoparweaver7692 my friend bought vehicle with 35k and carfax was showing same mileage , since it was diesel there is no emission later he found out it had 200k when transmission module was ran, best way to tell is by worn out brakes pedal
@Ray956Texas
@Ray956Texas Жыл бұрын
@cst2028 Your absolutely right. Parts on the vehicle don't lie . Neither the ECU . The ECU mileage cannot be erased or reset on most vehicles.
@justinx9892
@justinx9892 Жыл бұрын
@@skoparweaver7692 carfax isn’t always accurate
@BOEHHO89
@BOEHHO89 Жыл бұрын
Years ago my neighbor had a pick up truck and all he did was disconnect the speedometer cable from the transmission ,the truck had a tach so all he did was keep track of RPMs.
@rogerbec5766
@rogerbec5766 Жыл бұрын
My 2008 Impala has 68K miles. It's 15 years old and although I bought it new with 8 miles, if I ever decide to sell it I think potential buyers are going to think I rolled back the miles.
@johnd9279
@johnd9279 Жыл бұрын
Bought wife's 2001 Impala new. Just rolled over 80k. She used it to drive to work till she retired in 2010.
@colton.421
@colton.421 Жыл бұрын
I have an 08 Malibu and I bought it with 48k kilometres, maybe they pulled the same thing on me
@williamosgood3565
@williamosgood3565 Жыл бұрын
An easy way to catch this is to scan the transmission control module. It keeps track of mileage along with the odometer. If the TCM shows a higher mileage than the odometer, its been reset. Have a mechanic do this test before buying a used vehicle.
@meshark_t
@meshark_t Жыл бұрын
There is a tool to reset that too.
@andrewedwards4154
@andrewedwards4154 4 ай бұрын
An absolute load of manure. Tcm doesn’t store mileage
@tonygingell1207
@tonygingell1207 Жыл бұрын
In the UK our yearly Mot records have been computorised since 2005/6. Any buyer of a secondhand car can view the vehicles Mot history online which gives them the date, milage, any advise notes and if it passed or failed. This now makes it very easy to see if the milage has had a large "hair cut".
@GGoblin1
@GGoblin1 Жыл бұрын
The U.S. does not have such a system? I thought that's what Carfax was?
@mineswah4363
@mineswah4363 Жыл бұрын
Here in NZ you have to take your car in for a warrant of fitness. They record the total miles/kilometers on the car which is then publicly available and can be checked simply by looking up the registration. If you see that the miles haven't increased from the last visit or it has dropped below the last visit you know something is up. You can also look up if the car has any money owing on it or check if the car has been marked stolen, how many times it has failed it warrant of fitness. Maybe the USA should implement something like this.
@BigMikeECV
@BigMikeECV Жыл бұрын
When I learned to drive back in the '70s, I recall learning how to detect odometer fraud. For example, my dad taught me to look at the brake, accelerator, and clutch pedals. If they are worn well beyond the miles shown on the odometer, it might be a faked odometer. Also, brand new pedals might suggest the same. Similar, look at the plastic light covers, door seal gaskets, etc.
@benjurqunov
@benjurqunov Жыл бұрын
But how does a homosexual special rights activist kno to do this or even understand ?
@chasemartin4450
@chasemartin4450 Жыл бұрын
@@benjurqunov It's not like taking it in the butt once in a while makes me incapable of understanding how to repair my vehicles...
@realtruth172
@realtruth172 Жыл бұрын
50 years ago when i bought used cars i looked in the gas tank pipe u could tell by all the scratches from filling the tank
@SJP1504
@SJP1504 Жыл бұрын
So weird to see a country with al the means to keep records be so far behind. Here in Holland everytime you go to a workshop the odometer is noted and logged into a central database so tampering isn't possible anymore. Since 1999 they're obliged to do so. You can even get a certificate of proof of a reliable odometer.
@HarrietThugman
@HarrietThugman Жыл бұрын
Oh my god, I was literally having a debate with somebody on youtube about this. And he did not believe you could do this. He claimed he worked in the industry for many years, and thought you couldn't do it. The thing is I saw it with my own eyes, when you are dealing with used car salesman that happens way more often then thought.
@davidsuch8942
@davidsuch8942 Жыл бұрын
OH MY GOD!
@Roadking556
@Roadking556 Жыл бұрын
BS .! I used to be around garages, working supplying a certain product . The dude is right. Not saying people don't it . BUT it's easily detected. Not like this Cop and reporter would like you to believe. Cops and investigator reporters make it like thier so needed to keep their cake high paying jobs. In reality people who do such a thing almost aways get caught because records are kept throughout.. There are a few bad apples. But almost all garage owners are hard working honest individuals. We knew the few who weren't. Eventually they closed shop or got caught. Bottom line is they're only fooling themselves if they think no one knows what they are doing. You don't go in the Automobile industry to NOT be dishonest or take it easy. That job is for Government workers and politicians, Insurance CEO , Utilities executives, You're getting way more of your money worth at a used car lot or garage. Then you get from paying Taxes, Insurance, and Utilities, Yet this is where they try to focus your attention on.
@Daniel-ve3sc
@Daniel-ve3sc Жыл бұрын
In one of my comments, in the early 2000s they hooked up a couple wires to a switch to shut the odometer off. I knew some people who did it
@rdizzy1
@rdizzy1 Жыл бұрын
@@Roadking556 How exactly is it easy to detect something that can manually turn off the odometer recording mileage on demand? Not possible.
@Roadking556
@Roadking556 Жыл бұрын
@@rdizzy1 No .Eventually the patterns don't add up. Someone on here goes into greater details.
@ricker024
@ricker024 Жыл бұрын
I don't know why CNBC did not mention this. ALWAYS ALWAYS bring an OBD2 reader and cross check mileage of different computer modules! Some OBD2 scanners can perform this function via an Odometer Tampering option. It will save you thousands.
@Kowalskithegreat
@Kowalskithegreat Жыл бұрын
I've never once seen that as an option across literal dozens of obd2 devices
@soliniv1411
@soliniv1411 Жыл бұрын
Care to share what obd are you using?
@ricker024
@ricker024 Жыл бұрын
Carly is a Wireless OBD2 reader that has those features and can connect via an app.
@JaedenHudson
@JaedenHudson Жыл бұрын
This is exactly why I feel this issue isn't as big as people are making it out to be. Any modern vehicle built in the last 10 years or so logs the mileage in multiple modules. Fords for example have a mileage number in the cluster, the engine computer, and the transmission module. Not saying it's impossible to edit the mileage in those modules, but anyone with a decent scan tool can cross reference all the modules to see any discrepancies.
@Callsign_Sturm
@Callsign_Sturm Жыл бұрын
And then you'll still buy the car at a heavily reduced price because (At least on old cars and non interference engines) pulling the engine or doing general maintenance our society stopped doing will probably make your car last indefinitely, and without breaking the bank. 😂
@stargazeronesixseven
@stargazeronesixseven Жыл бұрын
Yes , learning from other car owners' experiences are more useful & accurate on what to look out for before buying a Second Hand Car ( Pre~Owned , the more Fancy Pant term ) , like checking the type & condition of the engine ( Normally Aspirated Engines can Last Longer than Turbo~Charged Ones ) , more engine components are made from metal alloys than plastic ones , Manual Transmission is way cheaper to maintain than complex automatic ones , & checking the costs for spare parts for the type of car we intend to buy , will reduced many headaches & heartaches down the road! 🙏 Thank You So Much CNBC & NC Police Dept., for this Useful & Enjoyable to watch Public Warning Video tutorial! 🌷🌿🌍💜🕊
@Mitalayeka
@Mitalayeka Жыл бұрын
Educational + entertainment = Edutainment.
@RusticShine
@RusticShine Жыл бұрын
I'm someone who owns a lot of older OBS chevy vehicles and I can agree it scares me how simple those mid 90s trucks you can fake milage on. 4 bolts and a mild tug on the dash and the odometer is out of the truck in 5 mins. No joke. I can usually tell a real 100k mile truck v.s a 3-300k. Brake pad wear. Carpet wear, turn signal lever lettering worn, seats shot, worn front end parts. Or since I'm in nys. A lot of these trucks were plow trucks that only drove in winter and just rotted to NOTHING and only accumulated 54k miles in 25 years.
@georgespalding7640
@georgespalding7640 Жыл бұрын
Nice thing about California cars that were bought originally in the state, is they have to be smogged every 2 years and inspected and the mileage is registered on the paperwork. All cars sold in California reputable dealerships have a Carfax on them showing the smog dates and inspection dates.
@jamiegarrett3869
@jamiegarrett3869 Ай бұрын
Nobody cares about cali and the libs.....
@telenelatelin8632
@telenelatelin8632 Жыл бұрын
My favorite is when the odometer is less than the oil tag on the window
@uploadtime1780
@uploadtime1780 Жыл бұрын
That might be when next change is due, depending.
@megamanx466
@megamanx466 Жыл бұрын
Yeah I don't think a few thousand miles is that big of an issue even. Tens of thousands of miles ARE an issue though. Walmart, for instance, puts down the next mileage when the oil change is due again.
@telenelatelin8632
@telenelatelin8632 Жыл бұрын
@@uploadtime1780 The Odo read 69k, the tag read 151k... Sus haha
@zacharypeery4082
@zacharypeery4082 Жыл бұрын
​@@megamanx466 You actually trust WalMart to service your vehicle?
@om7303
@om7303 Жыл бұрын
Taking notes to avoid getting caught thanks cnbc
@sandrohernandez4401
@sandrohernandez4401 Жыл бұрын
Same, bro. We gonna get rich asf with this one 🔥 🔥 🔥 💯
@forgedwithsteel
@forgedwithsteel Жыл бұрын
Preach!
@OneManOnFire
@OneManOnFire Жыл бұрын
A car with a strong car fax and or repair paper history is good.
@jimwatchyyc
@jimwatchyyc Жыл бұрын
@@OneManOnFireUnreported repairs don’t get captured by Carfax though.
@OneManOnFire
@OneManOnFire Жыл бұрын
@@jimwatchyyc You're correct but I'll take some type of car fax history over nothing. Training yourself on car inspection is good such as looking over painted bolts.
@tylermalone2425
@tylermalone2425 Жыл бұрын
Wow that’s cool that agent schrader got out of the DEA
@alexandermikhailov2481
@alexandermikhailov2481 3 ай бұрын
Mileage is also recorded and kept in several vehicle's control units. Before purchasing one, use an OBD scanner and learn online what units are you looking for. Crooks frequently fail to change all of them.
@AnthonyChukreyev
@AnthonyChukreyev Жыл бұрын
“Say you had a Nissan Altima”- OF COURSE. OF COURSE HE SAID ALTIMA. this is peak Big Altima Energy 😂😂😂
@francesbernard2445
@francesbernard2445 Жыл бұрын
I remember my uncles often complaining about that sort of thing when trying to figure out why the odometer on their vehicle was from time to time not working properly. However that was during the 1950's while they were both college students. Along with sometimes another room mate doing the same. I feel blessed that all of them never saw me or my 2 little brothers too as being too ilogical when not bothering to tell us about it.
@rickjohansson4257
@rickjohansson4257 Жыл бұрын
My friend had a iroc Camaro and he did this to extend his warranty. He just popped out the odometer and rolled it back. I now know an experienced mechanic could probably tell the difference in a car driven 100000 miles and one “driven” half that haha but he got away with it.
@mrlucasftw42
@mrlucasftw42 Жыл бұрын
I remember the old time car we had which only had a 5 digit odometer. We rolled it over the natural way, by covering over 100,000 miles. So it rolled over to full zeros.
@megamanx466
@megamanx466 Жыл бұрын
I got an insurance payout that way that was 3 times what I paid for the car. Was only $1,800 at the time though. 😅
@e-curb
@e-curb Жыл бұрын
That's what my car has. Currently the odometer reads around 50k miles. Everyone assumes the true amount is 150k. But I know it's got 250k on it!
@phil2782
@phil2782 Жыл бұрын
I used to own a Porsche 944 with like 30,000km on it. The pre 84 models had only 5 digit odometers. God only knows how many times that thing had been around. Paid 5k for it, spent 10k on repairs and sold it for 5k.
@chrislewis615
@chrislewis615 Жыл бұрын
Canadian odometers up until a certain point in time were only 5 digits. They would roll over at only 62000 miles! (metric system)
@kiLLinEmSoFTly
@kiLLinEmSoFTly Жыл бұрын
Basically...for us consumers to protect ourselves: We need to "trust our gut" and believe that "if it's too good to be true, it probably is". Awesome work CNBC 🙄🙄🙄 That'll really help us avoid getting scammed by odometer fraud.
@TheDwightMamba
@TheDwightMamba Жыл бұрын
I bought my BMW M3 in 2014 at their absolute price basement. A friend from the track sent me a drunk text saying he was done with it after blowing a head gasket. He paid $9K and put $28K into it. He texted I could have it for $5K. 99,000 miles at the time and 9 years later, it has 104,500. Low miles for an e36 M3 is now in the 180K range. My cluster is worth a mint, but just like I have to tell any car guy that sees it, the car isn't for sale.
@SW20FL
@SW20FL Жыл бұрын
When I bought my 1997 Honda Civic back in 2008, all of the 90's Hondas had about 90-160k miles or so..... If you go online today, all of the 90's Hondas still somehow have 90-160k miles or so 💀 💀 💀
@Bookworm.Dreamin
@Bookworm.Dreamin Жыл бұрын
As I was watching this video, I kept thinking that I had seen someone somewhere use a odometer reversing tool before. I just couldn't recall the details... And then they played the clip from Matilda. Oh, yeah, that's where I saw that! A movie I haven't seen since I was a kid. A memorable one though😉
@kelleyadams-campos8509
@kelleyadams-campos8509 Жыл бұрын
Another example of the great work NHTSA does!
@gav2159
@gav2159 Жыл бұрын
My friend bought a 2016 Nissan maxima and thought it had 42,000 miles but it actually came to find out it had 278,000 miles according to another computer model in the car that they forgot to reset
@rigodiaz100
@rigodiaz100 Жыл бұрын
Used to be so common in Kenya as most of our cars are imported(used) so as to make it more profitable,almost everyone was doing it then the KEBS(Kenya Bureau of Standards) basically an inspection unit decided to change things and the odometer readings were sent from the country of origin.The details are available online.solved everything
@Hantov
@Hantov Жыл бұрын
In Bulgaria we just assume that every used car has been rolled back.
@jakejakobz
@jakejakobz Жыл бұрын
😅😂😂😂😂
@ianray8823
@ianray8823 Жыл бұрын
People can't just stop being...peoplely
@stevechance150
@stevechance150 Жыл бұрын
Capitalism! Maximize profits at all costs. "Should we buy those new brake systems for our trains that haul deadly chemicals? Capitalism says Hell NO".
@tigreytigrey8537
@tigreytigrey8537 Жыл бұрын
​@@stevechance150 😆 there's always that one person that blames a system or the government for all their problems. The root cause is humans being humans regardless. Happens all the same with Socialism, communism you name it. Only difference is with capitalism everyone has the freedom to choose what video game character they want to be... the shark or the sheep. With the other systems you have no choice BUT to be the sheep. Hence why the weak align with the other systems most. A Human bias will naturally gravitate to and defend whatever aligns best with its own strengths. Communism and socialism conveniently lowers the bar for everyone across the board BY FORCE rendering the weak and less intelligent average vs below average in a capitalist structure.
@kaseyc5078
@kaseyc5078 Жыл бұрын
@@stevechance150 because this doesn’t/didn’t happen in socialist or communist countries…. Lol
@eurosonly
@eurosonly Жыл бұрын
Lol
@sokudare2222
@sokudare2222 Жыл бұрын
b🙏I'm new to cryptocurrency and I don't understand how it really works. Can anyone show me the right approach to investing and making good profits from cryptocurrency investments?
@sokudare2222
@sokudare2222 Жыл бұрын
He’s available on the telegram
@sokudare2222
@sokudare2222 Жыл бұрын
@tomgideontrade 🙏🙏🙏
@CharlesCurran-m9p
@CharlesCurran-m9p 3 ай бұрын
My advice is stay away from crypto scams in the comments section.
@theforestisdark9676
@theforestisdark9676 Жыл бұрын
I was car shopping 6 months back I must of ran about 15 carfaxs on the street every single car came back with a rolled back odometer
@F-Khan491
@F-Khan491 Жыл бұрын
In my country, it's so prevalent that we we don't even look at the odometer and just inspect the car's general condition..becuz we know 98 percent of cars have tampered odometers according to their conditions
@weird-guy
@weird-guy Жыл бұрын
Ya! maybe in newish cars they care but for older cars no ones cares about mileage.
@misterwhipple2870
@misterwhipple2870 Жыл бұрын
Don't ya just love Eastern Europe?
@Dan16673
@Dan16673 Жыл бұрын
Damn
@vicadegboye684
@vicadegboye684 Жыл бұрын
Nobody cares about mileage in Nigeria too :-)
@goclunker
@goclunker Жыл бұрын
And that’s how it should be. You inspect the condition, not the mileage
@salvatorecampbell698
@salvatorecampbell698 Жыл бұрын
Too slow CNBC, I already learned this watching the movie Matilda
@criessmiles3620
@criessmiles3620 Жыл бұрын
15 - 30k for a used vehicle! Why! The upcoming recession will bring reality to a Lot of dreamers From west Africa 🦅
@grimcomedy6356
@grimcomedy6356 Жыл бұрын
Been like that for Lile 3 years now
@Dweeble233
@Dweeble233 Жыл бұрын
Americans love to rip each other off.
@Cartier_specialist
@Cartier_specialist Жыл бұрын
I liked the last remark about if it doesn't feel right in your gut don't do it. A lot of people ignore their gut feeling to their detriment.
@lisawebb3445
@lisawebb3445 Жыл бұрын
*The best decision I ever made in my life was investing in the crypto market. Trust me guys, it really pays a lot! 😊*
@emilyella899
@emilyella899 Жыл бұрын
Yes, crypto market is highly profitable
@sophiachloe7600
@sophiachloe7600 Жыл бұрын
Do you have an idea of any good broker I can start with that's trust worthy?
@jamesethan3118
@jamesethan3118 Жыл бұрын
Wow, i'm shocked you mentioned Tracy Joyce, she is also my current broker and she earns a lot for me weekly
@mubarizmehbizadeh5093
@mubarizmehbizadeh5093 Жыл бұрын
My first Investment with Exp Tracy Joyce gave me so much profit that I have to keep reinvesting with her repeatedly. I recommend you and other newbies to get to invest with her without doubts
@georgecarol3008
@georgecarol3008 Жыл бұрын
Great reviews we have here. Please where is this Mrs Tracy from and can I trust her very well?
@oceanmariner
@oceanmariner Жыл бұрын
When I was a kid, 1950s, speedometer shops were in every town. It was common for every day owners to take the family car there just before selling. And they got lots of business from car dealers.
@fortheloveofnoise
@fortheloveofnoise Жыл бұрын
That's why new cars were selling so well back then and used were low value.
@HablaConOwens
@HablaConOwens Жыл бұрын
Happen to my friend. The original seller got a big fine but I think stayed out of jail.
@mikea5745
@mikea5745 Жыл бұрын
That's just the cost of doing business for the fraudster then. They'll make it back many times over all the times they don't get caught
@Juan-dc6yf
@Juan-dc6yf Жыл бұрын
Must have been in a Democrat procriminal location
@frankhoward7645
@frankhoward7645 Жыл бұрын
This is one reason why I always buy cars with high miles!
@nouvelhomme8990
@nouvelhomme8990 3 ай бұрын
It doesn't help that the private marketplaces are now swamped with disreputable used car dealers, repair shops, and hustlers. It's actually hard to get through the noise and find a for sale by owner with a real person who actually used the vehicle.
@nyreggie-isb23
@nyreggie-isb23 Жыл бұрын
If you are reading this, know that you are worthy of anything you desire. Most times it amazes me greatly how I moved from an average lifestyle to earning over $63k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to invest…
@nyreggie-isb23
@nyreggie-isb23 Жыл бұрын
@Peter Moore That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my consultant. I found him on a CNBC interview where he was featured and reached out to him afterwards. He has since provide entry and exit points on the securities I focus on. I basically follow his trade pattern and haven’t regretted doing so.
@susanhaynes679
@susanhaynes679 Жыл бұрын
Wow I'm a bit perplexed you guys are discussing about Gary Mason Brooks , I once met him at a conference in California 2019, just before the pandemic. I can testify that he’s very good in trading..Highly recommended.
@zombie15ish
@zombie15ish Жыл бұрын
@@susanhaynes679 This is the Fourth time I'm seeing someone talking about Mr Gary as there are lot of testimonies about him, do you know him ? if yes , did you invest with him…?
@susanhaynes679
@susanhaynes679 Жыл бұрын
@@zombie15ish Yes i do, I've known him for couple of years, I'm still using his services, His management team is quite impressive so far. With my $15,000 deposit, I made over $288,000 profit with just 10% charge.
@nyreggie-isb23
@nyreggie-isb23 Жыл бұрын
@Peter Moore It's 100% safe,I basically do nothing but collect profits, he was able to get me in early on most of these stocks and I exited just at the right time, his analysis was really on point.
@sciencehistoryandentertain734
@sciencehistoryandentertain734 Жыл бұрын
I remember Jay leno talking about he rolled back odometers...he gave me the impression this was a thing of the past...
@albear972
@albear972 Жыл бұрын
People will think my 2002 car is odometer fraud. 106,000 miles, looks good on the outside for its age. Inside its a different story. But I have service records.
@davidglad
@davidglad Жыл бұрын
It really depends whether those are mostly highway or city miles. If you had either a job with a long commute or traveled distances for vacation, it's likely weaker wear and tear versus an insane amount of starting and stopping. Latter also where gas mileage is awful and EVs shine.
@giovanni4304
@giovanni4304 Жыл бұрын
Mileage is stored in so many places these days on a vehicle, odometer, PCM, BCM, on my BMW it's even stored in the headlight modules. People are just too lazy to get a vehicle checked out by an independent shop before purchase.
@hans6304
@hans6304 Жыл бұрын
Would you recommend a cheap reader for an average joe to perform these checks? Thanks
@giovanni4304
@giovanni4304 Жыл бұрын
@@hans6304 the cheap readers can only access basic information from the PCM, you'll need something much more expensive to read BCM and other modules. In the end it's probably cheaper just to have a shop look the car over.
@hans6304
@hans6304 Жыл бұрын
@@giovanni4304 thanks for the info!
@Mike-zp2dt
@Mike-zp2dt Жыл бұрын
Unfortunately, that’s only true if the miles are rolled back. If a blocker is used, there is no way to detect the original miles
@ckm-mkc
@ckm-mkc Жыл бұрын
@@hans6304 You'll need a bi-directional scanner, ones that can read this are $700 or more. I have a couple (as well as the OEM scanners) as I want to be able to do maintenance on my own cars - some maintenance procedures require bi-directional control or module programming. It's an investment, but if you buy a good brand that does updates, it will be useful for years.
@LancerloverLL
@LancerloverLL Жыл бұрын
Gotta admit, that device that only adds 10% of your actual mileage to the odometer is pretty smart. However if you take a closer look, cars like that will give themselves away very easily through the obvious signs of wear and tear on both the interior and undercarriage, which shouldn't be there on a car indicating such low mileage.
@armankordi
@armankordi 3 ай бұрын
I remember when I was helping my mother look for a used car and I saw a 2008 toyota camry that was advertised as 117k miles.. the title stated 260,000 miles (that and the interior was showing signs of 200k+ mile wear) ran so fast and called in a report on the car
@TSHEKHAN
@TSHEKHAN Жыл бұрын
Practice common sense. They can change the miles, but you can usually tell the age of the car by looking at the wear of the interior and car seats, especially if they are leather.
@MrTeeri4
@MrTeeri4 Жыл бұрын
I used to know a car dealer who would change the mileage before selling. Been suspicious ever since I saw him do that with ease.
@smokeyelcrack7489
@smokeyelcrack7489 Жыл бұрын
I would have sued and call the cops
@theowl2044
@theowl2044 Жыл бұрын
There’s a 2004 F150 on Craigslist in Seattle going for $18k with only 25k miles.
@johndoyle4723
@johndoyle4723 Жыл бұрын
Yes, Caveat emptor, loads of dodgy sales to watch out for. Here in UK, we are by no means perfect, but the compulsory inspection for vehicles over 3 years old ,records the mileage on a national data base, which any buyer can access, and the results should show if the mileage is problematic. Yes you can try and evade the inspection, and falsify the plates etc, but you will be caught eventually, sadly those caught are often unaware they have been conned.
@Nightman-hh5ir
@Nightman-hh5ir 20 күн бұрын
Thank you officer for showing the scammers from where to buy vehicles odometer devices tools
@supportmytroups7
@supportmytroups7 Жыл бұрын
And now this video has played 500k times, and more people will get the idea in their head
@bdsouza1977
@bdsouza1977 Жыл бұрын
490,000 honest people will be able to protect themselves; the 10,000 scammers would have scammed regardless cos they already knew how to do this.
@carayj
@carayj Жыл бұрын
I think my car odometer was dialed back, I purchased it from a private owner, the reason I know when I went to Valvoline for a oil change the mileage they had in there system was 50k more than what was on the car...that was 6yrs ago...I'm still driving the car
@KhanJoltrane
@KhanJoltrane Жыл бұрын
That sucks
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