Odometers are crucial in determining the mileage of a vehicle and hence determine its resale value. However, you need to understand how does an odometer work if you wish to avoid becoming a victim of odometer fraud.
The often-repeated complaint regarding used vehicles is that 'the dealer sold me a car with odometer rollback.Odometer tampering is the most common type of automobile fraud in the United States, so you must know about odometers.
Some auto dealerships indulge in fraud when getting customers to sign a car buying contract. There are many ways in which the dealership commits fraud, from financial irregularities to misrepresentation.
Have you recently bought a car, and it has already shown abnormalities? Well, it is time to contact Allen Stewart to get the help of attorneys to determine if your vehicle is a lemon and how to deal with the dealers to get compensation.
Reading the mileage of a car is important as it can help determine the value of a used car. Lowering the mileage on a car is illegal. However, some crooks lower the mileage of cars to sell them at a higher price.
In cases where a vehicle is deemed a lemon, a manufacturer buys it back from the owner under a vehicle buyback program. It typically happens when the dealer is unable to fix the vehicle after reasonable attempts to repair it.
Before your new car breaking in, you should check whether the title is signed by all the parties involved. Title jumping is a serious issue and is considered a felony in many states. It could end up costing you a lot.
The last thing one would expect when buying a car is turning lemon. However, thousands of car buyers suffer the fate every year. When you have a lemon vehicle, it is important to take the necessary steps to get a refund vehicle at the earliest.
It comes as a shock for several buyers that the mileage displayed by the manufacturer will be different from the actual mileage the buyer will get. The main reason is the change in the car's condition, quality of the fuel, style of driving, etc.
The conventional way of purchasing cars is buying the cars from the dealers or manufacturer for a fixed price based on the cost. However, there is a small twist to the conventional method with introducing the vehicle buyback program.
The Odometer disclosure statement is a mandatory legal document that gives the new owner an accurate reading of the mileage on the car's odometer. If the new buyer finds the mileage is incorrect, they should indicate it on the statement.