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Ten years old... (archive)

[ Follow Ups ] [ 6-series (E24) Message Board ] [ Msg. Board FAQ ]

Posted by Bob on November 19, 2000 at 00:42:59:

In Reply to: Re: According to carfax.. posted by chuck on November 18, 2000 at 18:01:13:


is the point at which most states do NOT require disclosure of replaced speedometers/clusters, etc., and a seller only needs to print "Exempt" in the mileage section of the transfer title.

I would imagine that if one could prove that the odometer was ALTERED to increase the value of a car, it would constitute fraud, but one would have to prove the motive. I would think that if the cluster were replaced due to failure, and no claim of mileage was made by the seller, it would be a tough burden of proof.

Bob
Milage is always a factor in value. See a lawyer. If you can establish through records at your state department of motor vehicles that the milage was altered during the last owners watch you may be able to bring a claim against him. Many States will access treble damages ( 3x your loss )and maybe punitive damages for this type of conduct. Some States will also require that your attorneys fees be paid by the seller if you prevail. People who do this crap deserve to be made miserable. Good luck.

my '85 635 had more miles on it before I bought it two years ago. I ran Carfax last night, and in 1997 it had 170K. When I bought it in 1998 it only had about 120K.. So... there is a good chance the previous owner changed the mileage I think the cluster was swapped. This means my car likely has about 210K actual miles. I plan on letting Carfax know but since it's a 1985 it's exempt from mileage reporting. Will this effect the resale value? I would advise anyone buying to use Carfax.






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