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VEHICLE CLOSING ODOMETER DECLARATION You are required to complete this declaration if: You are terminating a salary packaging arrangement which contains a novated or associate lease vehicle; or You
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How to fill out vehicle closing odometer declaration

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How to fill out vehicle closing odometer declaration:

01
Start by entering the date of the declaration. This should be the current date when you are filling out the form.
02
Next, provide your personal information such as your name, address, and contact details. This is important for identification purposes.
03
Specify the vehicle details, including the make, model, year, and vehicle identification number (VIN). Make sure to accurately enter this information as it will be used to identify your vehicle.
04
Now, indicate the current odometer reading of your vehicle. This is the reading on your vehicle's odometer at the time of closing the declaration. Ensure that you are providing the correct reading to avoid any discrepancies.
05
If applicable, provide any additional information or comments regarding the vehicle's condition or any relevant details that need to be mentioned.
06
Finally, sign and date the declaration to confirm its accuracy and authenticity. Make sure to read through the declaration one last time before signing to ensure you have entered all the necessary information correctly.

Who needs vehicle closing odometer declaration:

01
Individuals who are selling or transferring their vehicle to another party may need to fill out a vehicle closing odometer declaration. This is important for documenting the odometer reading at the time of transfer to ensure transparency and accuracy in the transaction.
02
Auto dealerships and car rental agencies may also require vehicle closing odometer declarations when they sell or transfer vehicles from their inventory. This helps in maintaining proper records and ensuring accountability during the vehicle's usage period.
03
Insurance companies may request vehicle closing odometer declarations to determine the current mileage on a vehicle when issuing or renewing an insurance policy. This information helps them calculate policy premiums accurately based on the vehicle's usage.
Overall, anyone involved in a vehicle transaction or requiring mileage information for legal or insurance purposes may need a vehicle closing odometer declaration. It is essential to comply with such requirements to ensure transparency and accuracy in vehicle-related transactions.
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