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Odometer rollback fraud on the rise in Tampa and across Florida

January 11, 2021. Summarized by summa-bot.

Compression ratio: 29.6%. 1 min read.

According to Carfax, the number of rolled-back odometers in Florida jumped to 75,000, a 19 percent increase in 2020 compared to 2019.

Local Carfax reports 18,300 vehicles on the road with a rolled back odometer in the Tampa, St. Pete and Sarasota area, a 16% jump from the previous year. Pasco County resident Robert Stennett says he thought odometer fraud was a thing of the past until he purchased a 2007 Dodge Charger from a local car lot in June 2020.

“It’s a huge misconception that odometer rollbacks are a thing of the past and it doesn’t happen with these newer digital odometers,” Voss said. Thieves are getting around new car technology with a tool they can purchase online for a few hundred dollars. Josh Ingle the owner of Atlanta’s speedometer says that the same tool is used for legitimate instrument repairs, but it can roll back mileage in seconds.

“A vehicle with 85,000 miles that you think had 85,000 miles has a totally different maintenance schedule than a vehicle with 265,000 miles on it,” he said. The Carfax report for Stennett’s Dodge posted a potential odometer rollback alert in 2018 when a dealer reported an odometer reading of 126,000 miles, 60,000 fewer than the year before.

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