Car clocking costs consumers €60m yearly
Car clocking is costing Irish consumers up to €60m every year, as the EU looks to stamp out the practice by creating a mileage database.
Car clocking involves winding back the odometer reading on a vehicle for the purpose of artificially inflating its value, and was made illegal in Ireland for the first time in February and is punishable by a fine of €2,500 and/or a maximum jail term of three months.
However, despite the law, car history website www.motorcheck.ie claims the practice is still widespread.
The car history experts claim the practice is costing consumers between €40m and €60m each year in inflated car values.
Fine Gael MEP and member of the European Parliament’s Transport Committee, Deirdre Clune, has called for pan-European action on “clocking”.
Alex Todd Brand Manager at Its4women commented "Next time you’re buying a car with suspiciously low mileage, make sure to check the cars documented history and have it looked at by a competent mechanic to be on the safe side."
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