Upgrade to Pro — share decks privately, control downloads, hide ads and more …

What Are the Risks of Buying a Used Car with an...

Surrcars Auto
December 26, 2024

What Are the Risks of Buying a Used Car with an Odometer Rollback?

Buying used cars for sale in Kamloops can be a great way to save money, but there are risks, especially if the car has an odometer rollback. This means the mileage reading has been tampered with to make the car appear less used than it really is.
https://www.surrcars.com/what-are-the-risks-of-buying-a-used-car-with-an-odometer-rollback/

Surrcars Auto

December 26, 2024
Tweet

More Decks by Surrcars Auto

Other Decks in Business

Transcript

  1. What Are the Risks of Buying a Used Car with

    an Odometer Rollback? Buying a used cars for sale in Kamloops can be a great way to save money, but there are risks, especially if the car has an odometer rollback. This means the mileage reading has been tampered with to make the car appear less used than it really is.
  2. False Mileage The odometer shows lower numbers than the car’s

    actual mileage. The car may seem newer or less used than it really is. The rollback tricks buyers into thinking the car have been driven less. The actual miles could be much higher than what’s displayed. This can hide signs of extensive use or wear. It may appear like a good deal, but it’s misleading. Buyers may not realize the used Hyundai cars for sale in Surrey are more worn out than expected.
  3. Hidden Wear and Tear The car may look like it’s

    been used less. But it has been driven more than the odometer shows. This means the car has more wear than expected. Parts like the engine, tires, and brakes may be worn out. You might not notice it right away. The car may need repairs sooner than you think. This can lead to higher repair bills. The car might not be as reliable as it seems. Important parts could fail unexpectedly.
  4. Increased Maintenance Costs A car with more miles needs more

    repairs. Parts wear out faster with higher mileage. You may need to replace tires, brakes, or the battery sooner. Engine and transmission issues can happen earlier. Regular services like oil changes may be needed more often. Repair bills can get expensive quickly. The car might break down more often. Fixing older, worn-out parts can be costly.
  5. Voided Warranties Some warranties are based on the car’s mileage.

    A rollback makes the car look like it has fewer miles. The warranty might only cover cars with lower mileage. If the car’s true mileage is higher, the warranty may not apply. This means you’ll pay for repairs instead of the warranty covering them. Manufacturers can cancel the warranty if the mileage is tampered with. You could face unexpected repair costs. The car may have hidden issues that the warranty would have fixed.
  6. Poor Resale Value 1 When you try to sell the

    car, the true mileage will come out. Buyers can find out if the odometer has been tampered with. 2 The car will be worth less because of the higher real mileage. You may not get as much money when selling it. 3 It can be hard to sell a car with a rollback. Buyers often avoid cars with hidden mileage. 4 The car’s value drops if the real mileage is revealed. You may lose money on your investment.
  7. Legal Issues Odometer rollback is illegal in many places. It’s

    considered fraud to tamper with the mileage. If you buy a car with a rollback, you could face legal trouble. You might unknowingly break the law by owning a tampered car. Selling a car with a rollback is also illegal. Legal consequences could include fines or penalties. Some countries have strict laws against odometer tampering. Authorities may investigate if they find out about the rollback.
  8. Unreliable Vehicle History A rollback hides the true mileage of

    the car. The car’s past use and condition may not be clear. It may have been in accidents or had major repairs. You can’t trust the car’s history if the mileage is changed. The car might have problems that aren’t visible at first. The rollback hides how much the car has been used. Important details, like past damage, might be hidden. The car could have had more repairs than you think.
  9. Faulty or Unsafe Parts The car has likely been driven

    more than shown. Some parts may be worn out or damaged. Tires, brakes, and suspension might need replacement soon. The engine or transmission could be under stress. Older parts can fail unexpectedly. The rollback hides how much these parts have been used. You might not notice worn parts right away. Unsafe parts can lead to accidents or breakdowns.
  10. Insurance Complications 1 Insurers need the correct mileage to set

    premiums. If the mileage is tampered with, it can cause problems. Some insurance companies may refuse to cover the car. You might pay higher insurance rates if the real mileage is found. 2 Insuring a car with a rollback can be tricky. If the insurer discovers the rollback, they could cancel the policy. Some policies may not cover damages for cars with incorrect mileage. It’s hard to get full coverage for a tampered car.
  11. Reduced Lifespan The car has been driven more than the

    odometer shows. It has experienced more wear and tear than expected. Parts may break down earlier than you think. The engine and transmission could wear out faster. The car’s overall condition can worsen quicker. Its lifespan may be much shorter than it seems. It could need repairs or replacements sooner. The rollback hides how much the car has been used.
  12. phone no- (778) 888-4800 , 604) 786-1464 Email- [email protected] Website-

    www.surrcars.com Add- 13443 72 Ave, Surrey, BC V3W 2N7 Contact Us-