Pros and Cons of Odometer Fraud in Used Car Market
More Americans are able to purchase used cars due to their affordability compared to new cars. The availability of used cars can provide a wider range of options for individuals who may not be able to afford a new car.
Odometer fraud can lead to buyers paying more than a car's true value, as they may believe they are purchasing a car with lower mileage than it actually has.
Odometer fraud can damage the reputation of the used car industry, making it harder for honest sellers to make sales and for buyers to trust the market.
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