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ODOMETER DISCLOSURE STATEMENT FEDERAL LAW (AND STATE LAW, IF APPLICABLE) REQUIRES THAT THE 6(//(5 DISCLOSE THE MILEAGE TO THE %8(5 IN CONNECTION WITH THE TRANSFER OF OWNERSHIP. FAILURE TO COMPLETE
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How to fill out odometer disclosure statements for

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How to fill out odometer disclosure statements for

01
To fill out an odometer disclosure statement, follow these steps:
02
Obtain the required form: Odometer disclosure statements can vary by state, so make sure you have the correct form.
03
Provide basic information: Start by entering the vehicle's make, model, year, and vehicle identification number (VIN).
04
Record the odometer reading: Enter the current mileage shown on the vehicle's odometer. Make sure to use the correct units (miles or kilometers).
05
Choose the appropriate boxes: Depending on whether the mileage is the actual mileage, exceeds mechanical limits, is not the actual mileage, or is unknown, mark the corresponding box.
06
Sign and date the form: The seller and buyer must sign and date the odometer disclosure statement to certify the accuracy of the mileage provided.
07
Submit the form: Submit the completed form as required by your state's Department of Motor Vehicles or relevant authority.

Who needs odometer disclosure statements for?

01
Odometer disclosure statements are required for individuals or entities involved in selling or transferring ownership of a motor vehicle. This includes:
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- Private individuals selling their own vehicles
03
- Car dealerships
04
- Auto auctions
05
- Vehicle leasing companies
06
- Lenders financing vehicle purchases
07
- Salvage yards or dismantlers
08
Basically, anyone involved in a vehicle sale or transfer needs to provide an odometer disclosure statement to ensure transparency and accuracy of mileage information.
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Odometer disclosure statements are used to declare the mileage on a vehicle at the time of sale or transfer.
Individuals or entities selling or transferring ownership of a vehicle are required to file odometer disclosure statements.
Odometer disclosure statements can usually be filled out on the back of the vehicle title or on a separate form provided by the state's DMV.
The purpose of odometer disclosure statements is to prevent odometer fraud by ensuring buyers are aware of the true mileage of a vehicle.
The odometer reading at the time of sale or transfer, as well as the date of sale and the seller's signature, must be reported on odometer disclosure statements.
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