Clock shock: BMW sold with wound-back odometer raises fears of 'systematic failure' in used-car market - News Summed Up

Clock shock: BMW sold with wound-back odometer raises fears of 'systematic failure' in used-car market


It was shipped to Japan and reregistered there in April 2013 and almost immediately shipped to New Zealand to be sold. The local BMW agents also found that the vehicle's true recorded mileage was 32,278km - more than double that represented by the trader. In 2014, a man paid $49,300 for a BMW Z4 that the Auckland car trader said was a 2013-model Japanese import with an odometer reading of 14,539km. An NZTA spokesman said when imported vehicles were presented for entry certification, the importer must provide evidence of the date of the vehicle's first registration. "All the documents that came from Japan with the car were legal and were certified by the NZTA.


Source: New Zealand Herald May 18, 2016 11:35 UTC



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