Odometer Fraud Up 18% in 3 Years

Dec. 18, 2024 | |

The latest report from CARFAX finds odometer fraud continues to escalate, affecting more than 2 million units nationwide so far this year, up 18% since 2021. Dealer- and consumer-facing CARFAX reports include approximate mileage, a figure that conflicts with displayed mileage at a perpetually increasing rate.

“I located a beautiful Chevy 4×4 Truck that sounded perfect: Low miles, great condition, etc. When I ran the CARFAX on the vehicle, I discovered the truck had approximately 180,000 miles rather than the 108,000 stated,” Jimmy Hendon, a driver in Atlanta, told CARFAX. “The mileage was so far off from the accurate mileage that it was crazy. CARFAX saved me thousands of dollars and no telling how many headaches.”

CARFAX analysts found notable year-over-year rollback spikes in Virginia (11.7%), Arizona (8%) and Florida (6.4%) and said new technology is making an old trick easier to pull off.

Read the full report at CARFAX