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German used car buyers are deceived by tax fraud, involving 36% overestimation of the vehicle's worth.

Car buyers are frequently misled concerning the mileage of second-hand vehicles, resulting in losses worth over a billion euros, as revealed by a recent study.

Used vehicle purchasers frequently face deceptive practices pertaining to mileage during...
Used vehicle purchasers frequently face deceptive practices pertaining to mileage during transactions. A recent investigation estimates the financial loss resulting from this fraud to exceed one billion euros.

German used car buyers are deceived by tax fraud, involving 36% overestimation of the vehicle's worth.

Warning: Caution is paramount when purchasing a used car due to a concerning prevalence of odometer manipulation. Altering the odometer reading is an easy and sometimes offered practice, costing around 50 euros according to reports. The Allgemeiner Deutscher Automobil-Club (ADAC), a prominent German automotive organization, estimates that as many as one in three second-hand cars in the country fall victim to this deceitful practice. This can have hefty financial implications for drivers.

In the general-news realm, reports suggest that the practice of odometer manipulation in used cars is a widespread issue in business, posing financial risks for unwary buyers. Furthermore, this crime-and-justice matter, although seemingly on the periphery of significant crimes, can lead to substantial financial losses for individuals.

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