Odometer fraud can cost you thousands of dollars in the long run.
Clocking can typically add four to five thousand dollars to the price of a late-model vehicle.
Futhermore, clocking can add mechanical repairs that would not otherwise be needed.
Here are some ways how Auto House spots and avoids cars with grolled-backh odometers:
In the Japanese Dealer Car Auction process, the odometer inspections are performed by the auction house's inspectors.
The odometer readings of all vehicles are compared with the NAK (Japanese National Auction Association)
odometer reading administration system database.
If an inspector finds an odometer discrepancy, it will be stated on an auction sheet using a *, $, # mark
to the right of the vehicle's stated kilometers.
In their odometer inspection, the auction house's inspector does not crack open the dashboard and only checks for
any discrepancies between a vehicle's odometer reading and the NAK odometer reading administration system database.
However, the NAK odometer reading administration system is not a perfect system.
This system does not have a record for a vehicle which is available at auction for the first time.
So this newly offered vehicle will be able to pass through this check even if the vehicle's odometer reading
has been rollbacked.
Also, it is possible for someone to rollback an odometer reading up to the past recorded reading.
For example, the last recorded odometer reading is 50,000km. The odometer can be rollbacked to 50,001km
and will pass through this system when this vehicle is later available again at auction.
It is a crime in Japan to tamper with a vehicle's odometer in order to conceal the vehicle's actual mileage.
However, it is impossible to completely eliminate odometer tampering from the used car market
because such tampering can pay off by increasing the vehicle's value by thousands of dollars.
So how does Auto House auction agent service help protect you from purchasing odometer tampered vehicles?
Continue to next page...
However, the NAK odometer reading administration system is not a perfect system.