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One of the reasons why mileage fraud may have increased significantly over the years is due to an increase in affordable price plans for consumers, who are then faced with expensive penalties if they exceed the agreed mileage.
Mileage fraud costs motorists millions of pounds every year and it can also put their lives at risk.
Carly – Connected Car, has found the top four UK hot spots where 18 per cent of vehicles are displaying the incorrect mileage. According to the data collected from a study of over 150,000 vehicles in the UK, London, Birmingham, Manchester and Leeds were identified as the top four overall UK regions for mileage fraud.
One of the reasons for the rise in mileage fraud is likely to be the increasing popularity of affordable car finance plans. Personal Contract Purchases and Personal Contract Hire deals, which often come with strict mileage limits where each additional mile can be charged at as much as 30p. This has led to some owners turning to ‘mileage correction’ firms that offer to dial back the odometer to avoid expensive financial penalties.
The knock-on effect on the used car market means unsuspecting motorists are over paying by millions of pounds every year for vehicles which have had their mileage digitally altered; The safety implications of which are very serious as modern cars rely on mileage to give an indication of what service is needed and when parts need replacing.
The study also found large discrepancies between actual fuel consumption and data stated by manufacturers, in some cases these figures differ by almost 75 per cent, as well as changes to UK driving behaviour, with 40 per cent of all journeys on UK roads covering just three miles.
Carly’s Connected Car app, available for BMW, MINI, Mercedes, Renault and Volkswagen Group cars, performs a manufacturer-quality diagnostic session in minutes. The adapter can tap into the car’s multiple computers (ECUs) to check for correlation with the visible speedometer and identify whether data has been manipulated, as well as allowing customerisaton of vehicle comfort features.
How to spot mileage fraud
There are a number of tell-tale signs you can look out for to ascertain whether a car has been the victim of mileage fraud, take a look below at some of the more obvious ones: