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Odometer Disclosure Colorado Form

Odometer Disclosure Colorado Form

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all right alex thank you for that update we're watching out for you every year people buy used cars and they make mistakes that cost them thousands of dollars news 5's patrick nelson joins us with how to spot a major fraud that's being used to trick car buyers how many miles are really on that used car you're looking at buying the answer can completely change the value of the car and its maintenance schedule unfortunately dishonest sellers have found a way to roll back digital odometers costing car buyers thousands of dollars every year carfax has studied the issue for decades its data suggests more than 1.8 million vehicles on the road today have had their odometer rolled back a 13 percent annual increase from 2019. the national highway traffic safety administration estimates more than 450 000 vehicles are sold each year with false odometer readings and that costs american car buyers more than one billion dollars in value annually the tool being used by

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