CARFAX: Odometer Rollbacks on the Rise

Washington DC December 22, 2022; The AIADA reported that alarming new numbers from CARFAX show odometer rollbacks are on the rise nationwide. More than 1.9 million vehicles on the road have had their odometer rolled back - a 7 percent increase from the previous year. CARFAX also estimates the average difference in retail value for a vehicle with a rolled back odometer is about $4,000.

“Many people think odometer fraud disappeared with the invention of digital odometers,” said Emilie Voss, Public Relations Director for CARFAX. “But that couldn’t be further from the truth. We’re still seeing the number of vehicles on the road with a rolled back odometer rise year-over-year. It takes con artists a matter of minutes to wipe thousands and thousands of miles off a vehicle’s odometer.”

These are the 10 states nationwide with the most vehicles with rolled back odometers, all of which saw increases: