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Artificially lowering the mileage of a car today is a simple, cheap manipulation, which allows for the inflation of a vehicle’s value, in most cases by several thousand euros. Known more commonly as mileage fraud, it affects between 5 and 12% of used cars sales, costing billions of euros to European consumers each year.
European Union Member States go about addressing the issue in many different ways, allowing fraudsters to play on the fragmentation of the internal market. National approaches of single EU Member States have shown that setting‐up national mileage databases merely shifts the problem to neighbouring countries. The FIA, therefore, believes that further action should be pursued at European level.
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