The older generation in my region of the world has this notion that a car isn't worth anything after 200 000km, so sellers tamper with the odometer so that it shows the magic 1 in front.

That was indeed the case in the 80s and 90s, when the fleet consisted mostly of eastern block made shitboxes, in which you never knew what would happen first: the engine fail completely or rust eat a hole in the floor.