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.
The European Parliament’s Transport Committee has called for a pan-European mileage database to be created in an attempt to stamp out a practice that could be costing consumers up to €9.6bn annually across the EU.
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”.
Ms Clune said she would be asking the Transport Commissioner Maroš Šefcovic to prioritise the proposals for an EU-based statutory mileage database that would share readings collected across the EU from official sources such as NCT centres and Revenue.
Commenting on the announcement, managing director of Motorcheck.ie Michael Rochford said: “The industry applauds this action by Ms Clune and the Transport Committee. It is shameful that despite having criminalised the practice of clocking, Government agencies in Ireland still do not allow mileage readings collected at time of the NCT to be shared with third parties,” he said.
The Road Safety Authority and the Revenue Commissioners have both cited data protection concerns as the reason for not sharing their mileage information.
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