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CMTA warns buyers of frauds in the Used vehicle market

13 Feb 2021

  • Cite odometer manipulation, counterfeit spares, registration book forgery

  Used vehicle purchasers have been issued a warning by the Ceylon Motor Traders’ Association (CMTA) to exercise caution, raising concerns over incidents of fraud that are persistent in the used vehicle market. CMTA Chairman Yasendra Amerasinghe, in a recent media statement, revealed that incidents of fraud are being identified where the odometer is tampered with to reduce the mileage in a used vehicle, while counterfeit spare parts are being used in vehicles with the vehicle’s registration book information also being forged. “It is unfortunate that innocent buyers continue to be caught in such frauds, leaving their lives at risk. We are seriously concerned over the safety of the prospective buyers and also do not wish to see their hard-earned money invested in vehicles that are not genuine,” Amerasinghe noted. The CMTA recommended that the buyers purchase a vehicle only from an authorised agent for numerous reasons including the assurance of genuine mileage and customers’ safety, as authorised agents test the vehicle comprehensively before selling; agents offering a warranty even for used vehicles; and authorised agents being known for after-sales services that are carried out by trained technicians. 

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