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Odometer (Mileage) Statement SOL Doc Rev: 27 June 94 Odometer (Mileage) Statement (Federal regulations require you to state the odometer mileage upon transfer of ownership. An inaccurate or untruthful

How to fill out odometer mileage statement

How to fill out an odometer mileage statement:

1. Gather necessary information: Before filling out the odometer mileage statement, make sure to have the vehicle's identification number (VIN), the exact mileage reading, the date of the reading, and any additional relevant information such as the purpose of the reading.
2. Identify the correct form: Different states or countries may have specific forms for recording mileage, so ensure you have the correct one. You can typically obtain these forms from your local Department of Motor Vehicles (DMV) or online.
3. Read the instructions: Most mileage statement forms have accompanying instructions that provide guidance on how to complete them. Take some time to carefully read and understand the instructions to ensure accurate completion.
4. Enter the vehicle information: Begin by providing the required vehicle information, such as the make, model, year, and color. Double-check the accuracy of these details before proceeding.
5. Record the mileage: Locate the section on the form that asks for the current mileage reading and enter the exact number. Make sure to only include the numbers without any symbols or letters.
6. Provide additional information: Some forms may ask for additional details, such as the starting point and destination of the mileage recorded, the purpose of the trip, or any remarks related to the reading. Fill in these sections as required.
7. Sign the statement: Once you have completed all the necessary sections, sign and date the odometer mileage statement. Some forms may require additional signatures, so ensure you fill those out accordingly.

Who needs an odometer mileage statement:

1. Car sellers: When selling a used vehicle, the seller often needs to provide an odometer mileage statement to ensure transparency and accuracy of the vehicle's mileage. This statement helps protect the buyer from potential odometer fraud.
2. Car buyers: Buyers also benefit from receiving an odometer mileage statement when purchasing a used vehicle. This statement allows them to verify the actual mileage of the car and detect any potential discrepancies or fraud.
3. Insurance companies: Insurance companies may require an odometer mileage statement to calculate policy premiums accurately. The mileage recorded on the statement could impact the insurance rates, especially if it is a vehicle with high mileage, which may indicate greater risk.
4. Government agencies: Government agencies, such as the DMV or tax authorities, may request an odometer mileage statement for various purposes. This statement helps track vehicle usage, determine taxation, and ensure compliance with regulations.
5. Rental car companies: Rental car companies often request an odometer mileage statement before and after a rental period to track the mileage driven by the renter. This information helps determine the rental charges accurately and assess any excess mileage fees.

By following the steps provided and understanding who needs an odometer mileage statement, you can ensure accurate completion of the form and fulfill any required obligations or documentation.

For pdfFiller’s FAQs

What is odometer mileage statement?

The odometer mileage statement is a document that records the total number of miles traveled by a vehicle.

Who is required to file odometer mileage statement?

Any individual or entity selling a motor vehicle is required to file an odometer mileage statement.

How to fill out odometer mileage statement?

To fill out an odometer mileage statement, you need to provide the vehicle's make, model, year, VIN, and the current odometer reading.

What is the purpose of odometer mileage statement?

The purpose of an odometer mileage statement is to prevent odometer fraud by documenting the true mileage of a vehicle at the time of sale.

What information must be reported on odometer mileage statement?

The odometer mileage statement must include the seller's name and address, buyer's name and address, date of sale, and the odometer reading at the time of sale.

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