Summary: The attorneys at Allen Stewart, P.C. will assist you in recouping your financial losses if you were a victim of odometer fraud. Don't wait; get in touch with them immediately for a free assessment of your odometer fraud claim's viability.
[11th November 2022, Texas] Are you wondering what is odometer in car is and what is odometer fraud all about? The odometer reading of a car is one of the most important criteria in assessing its value because it displays the number of miles traveled. Odometer fraud is described as the "disconnection, resetting or manipulation of a vehicle's odometer to manipulate the number of kilometers indicated" by the National Highway Traffic Safety Administration (NHTSA). According to the administration, over 450,000 cars are sold in the country with phony odometer readings, costing American car buyers more than $1 billion annually.
Are you a victim of an odometer rolled over? Call Allen Stewart right away.
According to the NHTSA, odometer fraud is one of the most prevalent auto-related frauds in the US. 49 USC Chapter 327, generally known as the Federal Odometer Law, safeguards American car buyers. A motor vehicle's odometer cannot be disconnected, reset, or altered to change the mileage displayed there, according to legislation passed in 1972.
If the mileage on the odometer is off, the law compels the vehicle's seller to make a statement on the title. Vehicles older than ten years are exempt from this rule.
If a jury finds that a person violated the federal odometer law with the odometer rolled over, they may be held liable in civil court. By the legislation, jurors may impose penalties of $1,500 or triple damages, whichever is higher. Additionally, the legislation pays the winning plaintiffs' legal expenses.
According to the NHTSA, a vehicle's performance and condition alone do not always point to odometer tampering. Additional proof can come from prior owner testimonies, repair invoices, service station stickers, and other records demonstrating discrepancies in odometer readings. Before submitting a claim, the agency advises consumers to contact their state's motor vehicle titling and registration authority and get all title and transfer paperwork. They also advise finding out the exact mileage of the car by getting in touch with the previous owners.
If you have been the victim of odometer fraud, the attorneys at Allen Stewart, P.C. will guide you in recovering your financial losses. Contact them right now for a free examination of the merits of your odometer fraud lawsuit.
For more information on what is odometer in car, check out https://www.allenstewart.com/practice-areas/auto-fraud-attorneys/what-is-the-federal-odometer-law/.
About the company
Innocent individuals and entire communities need a strong, successful champion when big business threatens their interests. Allen Stewart is dedicated to protecting the rights of people who have been hurt by others and is one of the country's top toxic tort lawyers. Allen Stewart is one of the top toxic tort litigators in the country, and his client triumphs are supported by some of the most prominent awards and certifications in the legal sector. The National Law Journal designated Allen Stewart as one of the Most Successful Young Litigators in America.
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