In 2023, we were approached to conduct an in-depth analysis of Mexico’s used car market, uncovering key trends in pricing, buyer behaviour, and regional dynamics.
But what we found went far beyond economics.
Fraud was everywhere!!!
- Private listings showed signs of deception
- Documents were forged
- Odometers rolled back
- Emissions tampered
We mapped the patterns, crunched the numbers, and uncovered a startling reality:
We estimated that as many as 70% of private online listings showed signs of potential compromise. While unofficial, the insight was undeniable.