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Odometer Disclosure Colorado  Form

Odometer Disclosure Colorado Form

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watching out for you this morning every year people buying used cars make some mistakes that cost them thousands of dollars well listen up because news 5's patrick nelson is joining us with how to spot a major fraud that's being used to trick car buyers good morning patrick good morning bri the first question we have to ask is how many miles are really on that used car that you're looking at buying now that answer can completely change the value of that car and also the maintenance schedule unfortunately dishonest sellers have found a way to roll back digital odometers costing car buyers thousands of dollars every year take a look carfax studied this issue for decades its data suggests that more than 1.8 million vehicles on the road today have had their odometer rolled back it's a 13 percent annual increase from 2019 the national highway traffic safety administration estimates that more than 450 000 vehicles are sold each year with false odometer readings and that costs

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