Digital Odometers Make it Easy to Cheat Car Buyers
High-tech digital odometers are making it easy to chat unsuspecting used car buyers according to a USA Today article. Unscrupulous sellers can obtain the software or services from the Internet to reset the odometers. Old style mechanical odometers could be reset, but it was fairly easy to detect that the tampering had taken place.
A NHTSA study six years ago estimated that tampered odometers could found on 450,000 cars a year costing consumers $1 billion annually. State and federal prosecutors continue to bring charges against car wholesalers and dealers for odometer fraud.