About one in five used cars in Greece are sold with fewer kilometers than they actually have (so they appear more valuable), according to a report by the Greek newspaper Kathimerini.
Businesses “tempt” buyers with discounts if they choose to have the vehicle cleared through customs in their own name rather than in the company’s name. As a result, even if the fraud is later discovered, buyers may not be able to take legal action against the seller.
Most companies operating in this sector — including many large and well-known ones — have subsidiaries in other countries, mainly in Bulgaria, where the invoicing is carried out.
In this way, the company itself does not officially appear to be importing the vehicle and therefore bears no responsibility.
According to the Association of Car Importers (SEAA), there is even the possibility that a buyer who clears a vehicle through customs could end up being held liable for smuggling offenses.
In addition, because the invoicing takes place abroad, the Greek justice system is unable to effectively intervene in such cases, as also noted in a statement released yesterday by the Association of Motor Vehicle Importers and Representatives.
The report adds that even if the fraud is uncovered, the buyer — who may simply have wanted to purchase a cheaper car — could ultimately face accusations related to smuggling.
According to data from Hellenic Statistical Authority, imported used passenger cars accounted for less than 10% of total car sales in 2009. However, their share began to rise steadily after 2014 and has now reached nearly 40%.
Source: Κathimerini
What is fyi.news?
