Shit! Mileage Disclosure Loopholes allow Cars 10-Years or Older to have their Odometers Rolled Back. [View all]

[TheBlackAdder]

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Now, this is not just a video & multimedia post. it's more.

I stumbled across this 2 year old YouTube video, and then went to the NHTSA website. Sure enough, it's there. Now, there was an uproar over news broadcasts like these, so there is a new rule going into effect on January 1, 2021 that changes this from 10 to 20 years, but it only affect 2011 and newer cars.


While it doesn't mention the loophole on the website, the PDF files show it in black and white.

ODOMETER FRAUD LAW Committing odometer fraud is a crime. The federal government passed a law that requires a written disclosure of the mileage registered on an odometer be provided by the seller to the purchaser on the title to the vehicle when the ownership of a vehicle is transferred. If the odometer mileage is incorrect, the law requires a statement to that effect to be furnished on the title to the buyer. However, vehicles ten years and older are exempt from the written disclosure requirements.

https://www.nhtsa.gov/sites/nhtsa.dot.gov/files/811284.pdf

New rule going into effect on 1/1/2021, that applies to model year 2011 and newer cars ONLY.

This document responds to petitions for reconsideration regarding NHTSA's October 2, 2019, final rule amending NHTSA's odometer disclosure requirements to allow States to adopt electronic odometer disclosure systems and changing the time when vehicles become exempt from federal odometer disclosure requirements from ten years to twenty years. NHTSA received petitions for reconsideration from the America Association of Motor Vehicle Administrators (AAMVA) and the State of Delaware Department of Transportation requesting that the agency delay the effective date of the changes to the exemption from odometer disclosure requirements for one year. After consideration of the petitions, NHTSA has decided to grant the petition. The change to the exemption from the odometer disclosure requirements will take effect on January 1, 2021 and will apply to model year 2011 and newer vehicles. The amendments in the October 2, 2019, final rule allowing States to adopt electronic odometer disclosure systems will still take effect as scheduled on December 31, 2019.

https://www.federalregister.gov/documents/2019/11/26/2019-25657/odometer-disclosure-requirements

Watch yourselves when buying a car older than 10 years.

And, never buy a car from a "friend" who is most likely a shadow seller for a used car dealership. Ask if the title is in their possession and in their name. If not, it could be someone flipping an unsellable car that was traded in and not sent to auction. Also, remember that CarFax and other reporting sites do not report on damage to fleet, rental and corporate vehicles that are self-insured and repaired in-house. Those vehicles could have been in multiple crashes or even flood damaged. If the background checks do not show private party owners, run, don't walk away from it. Call your auto insurance carrier and furnish them with the VIN, as most will perform a free background check on the car to see what's what.

Update: Also remember, CarFax and other only report on the last known mileages of the vehicle. There could be tens or hundreds of thousands more miles on the vehicle if the owner performs their own repairs.

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