In case you’ve not seen the news…
Coordinated police raids on Sydney car dealers two days ago have resulted in one dealership, “Dream Car City”, having its trading immediately suspended.
Videos below show police raids on several well known Sydney dealerships, including Edward Lees Imports on Parramatta Road.
Moving sale ending Feb 2016… Prophetic. Moving to another country perhaps ?
Prestige Auto Centre, Edward Lees Imports and Master Cars at Blacktown were also raided.
Those three businesses are accused of digitally altering odometers on at least 100 vehicles imported from Japan and will have to show Fair Trading NSW why they should not be disciplined.
Fair Trading NSW have been investigating the dealers for two years, following a tip-off from a consumer who was concerned about their vehicle’s wear and tear, and information from police.
A number of people are expected to be prosecuted by NSW Police and Fair Trading NSW in connection with the ongoing investigation.
Fines up to $20,000 are in place for odometer tampering, while those who knowingly sell or attempt to sell a tampered vehicle face up to 10 years jail.
We feel this action is long overdue and many dealers in other States should heed this warning and feel suitably nervous.
Not only does this illegal behaviour hurt the consumer but it damages the reputation of the industry.
It also makes it difficult for businesses like ours that only source genuine vehicles and have ALWAYS provided all original paperwork including deregistration paper / export certificate and auction sheet.
One of the very reasons we started our business 17 years ago was the absence of a reliable source of genuine imports.
Some news articles have claimed that deregistration documents detailing registration and km history are not readily available from Japan, however this is not true. For some years now, past auction reports, auction sale price in Japan, Japanese registration history, the Japanese Export Certificate and other records have been available online in PDF.
One of the best sources of this data is Japan Car History Check.