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Odometer fraud remains a significant concern in the automotive industry, with an estimated 1,013,929 vehicles on the road affected by rollbacks annually. CARFAX's 2013 research reveals 190,255 annual cases across the U.S. California leads the states with 295,208 rollbacks, followed by Texas and Nevada. This fraudulent practice causes an annual consumer loss of $761 million, with an average loss of $4,000 per rollback identified by the Department of Justice. Older vehicles, especially those between 14 to 19 years old, are notably at higher risk.
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CARFAX ODOMETER RESEARCH 2013 Odometer fraud is still a major problem Vehicles in operation with rollback: 1,013,929 Cases of odometer fraud per year: 190,255
CARFAX ODOMETER RESEARCH 2013 State Analysis Rollbacks per State Highest % of Rollbacks California 295,208 1. California Texas 120,743 2. Nevada New York 70,672 3. Massachusetts Georgia 40,682 4. New York Florida 39,900 5. Texas Massachusetts 31,555 6. New Hampshire North Carolina 30,773 7. Georgia Virginia 25,818 8. Idaho Arizona 22,167 9. Colorado Illinois 21,906 10. Arizona
CARFAX ODOMETER RESEARCH 2013 Consumer Impact Annual consumer loss: $761M Dept. of Justice: $4,000 avg. loss per rollback (lost value + maintenance costs)
CARFAX ODOMETER RESEARCH 2013 Trends 53% of rollbacks are more than 50,000 miles Vehicles14-15 years old are most susceptible to odometer fraud 60% of rollbacks occur between 11-19 years old