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TENNESSEE DEPARTMENT OF REVENUEODOMETER DISCREPANCY CERTIFICATION SELLER IS STATEMENT OF FACTS: This is to certify that on, I, RESELLER IS NAME sold the following described vehicle: SELLER IS ADDRESSYEARMODELMAKEto:

How to fill out odometer discrepancy

How to fill out odometer discrepancy:

1. Obtain the necessary paperwork: Gather the vehicle's title, odometer disclosure statement, and any other relevant documents.
2. Identify the discrepancy: Determine if there is a significant difference between the recorded mileage and the actual mileage on the vehicle.
3. Complete the appropriate forms: Fill out the Odometer Disclosure Statement accurately and honestly, providing the recorded mileage, the reason for the discrepancy, and any additional information required.
4. Provide supporting documentation: If available, attach any relevant evidence such as maintenance records, repair receipts, or inspection reports that can help explain the discrepancy.
5. Submit the forms: Return the completed forms along with any supporting documentation to the appropriate agency or entity. This may vary depending on your jurisdiction, but it is typically the department of motor vehicles or the entity responsible for vehicle titling and registration.

Who needs odometer discrepancy:

1. Used car buyers: The odometer discrepancy is important information for individuals purchasing a used vehicle. It helps them assess the accuracy of the mileage and make informed decisions about the vehicle's condition and potential value.
2. Car sellers: Sellers are responsible for disclosing any odometer discrepancies to potential buyers. Failing to do so can lead to legal troubles and financial liabilities.
3. Auto industry professionals: Professionals involved in the automotive industry, such as mechanics, appraisers, and dealerships, may need to determine the accuracy of a vehicle's mileage for various reasons. This information is crucial for performing maintenance, determining resale value, and assessing the overall condition of the vehicle.

Overall, anyone involved in buying, selling, or assessing used vehicles should be aware of odometer discrepancies and the proper procedures for addressing them.

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What is odometer discrepancy?

Odometer discrepancy occurs when there is a difference between the mileage recorded on the odometer of a vehicle and the actual mileage driven.

Who is required to file odometer discrepancy?

Anyone who becomes aware of a discrepancy in the odometer reading of a vehicle is required to file an odometer discrepancy report.

How to fill out odometer discrepancy?

To fill out an odometer discrepancy report, you will need to provide details about the vehicle, the discrepancy observed, and any supporting documentation.

What is the purpose of odometer discrepancy?

The purpose of reporting odometer discrepancies is to ensure accuracy and transparency in the mileage records of vehicles, helping to prevent fraud and protect consumers.

What information must be reported on odometer discrepancy?

The report should include the vehicle's make and model, VIN number, odometer reading, date of discrepancy, and any relevant details about the discrepancy.