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[return to "FedEx Accused of Largest Odometer Rollback Fraud in History with Used Vans"]
1. oefrha+l4[view] [source] 2023-06-27 13:17:26
>>cwwc+(OP)
> When he sold the truck, his buyer hooked it up to a computer that told them the real mileage was around 400,000 miles.

I’m not knowledgeable about odometers at all, but if it’s as easy as “hooking up to a computer” to get the real mileage, why don’t people do that when they buy the trucks?

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2. habnds+A6[view] [source] 2023-06-27 13:28:05
>>oefrha+l4
wholesale auctions operate with a surprising amount of trust, often buyers never actually see the car, they buy based on the specs and description. The vehicle is then shipped to the buyer, and in some cases. the buyer, when finally seeing the vehicle, will get in touch with the seller and say "this isn't "great" condition, this is "good", for _reasons_" and negotiate an adjustment of the price to reflect that. The plaintiff is in the comments of that article and mentions most auctions don't allow computer diagnostics on a car.
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3. horsaw+ya[view] [source] 2023-06-27 13:45:26
>>habnds+A6
Most auctions just don't allow real inspection at all. At best they pop the hood and let you look at the undercarriage or drive the car by for a minute (and quite a few auctions will ask you to pay for even that tiny amount of inspection).

That said - odometer fraud is a big fucking deal here. A vehicle with unknown mileage is worth far less at auction (just the fact that it's unknown is a huge flag) and if the auctioneer was aware of the fraud (as they're implying Holman Fleet Leasing was) then I'm curious to see how this is resolved... a smaller auction house would likely see jail time for several employees.

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4. regist+Mn[view] [source] 2023-06-27 14:37:21
>>horsaw+ya
> Most auctions just don't allow real inspection at all. At best they pop the hood and let you look at the undercarriage or drive the car by for a minute

Why is this? Just a time restraint thing, or what? I don't understand why an auction wouldn't allow bidders an opportunity to check out the product before they purchase. The pessimist in me would say it's in the auctioneers best interest to give as little information as possible, in order to get the highest bids, but it seems odd that this sounds to be a standard practice.

Shouldn't bidders insist on at least a single 3rd party to say the mileage for the crowd?

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