Automobile Odometer Statement

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Commonly Asked Questions about Automobile Odometer Statement

What is an odometer bill?

Federal and State laws require that the Seller/Lessee disclose the mileage to the Buyer/Lessor in connection with the transfer of ownership. An inaccurate statement, or failure to complete the statement, may result in fines and/or imprisonment, pursuant to 49 U.S.C.

Do federal and state laws require a completed odometer disclosure statement?

Federal and state law requires that you state the mileage upon transfer of ownership; failure to complete or providing a false statement may result in fines and/or imprisonment.

What does the date of an odometer statement mean?

The odometer disclosure statement is a document that is required to be given to the buyer of a used car. The statement must include the odometer reading of the car, the date of the reading, and the name of the person who read the odometer.

How can I verify an odometer?

Request a vehicle history report to check for odometer discrepancies in the vehicles history. If the seller does not have a vehicle history report, use the cars VIN to order a vehicle history report online. If you suspect fraud, contact your states enforcement agency.

What is an odometer statement?

An odometer disclosure statement is a federally required form used to verify a leased vehicles mileage at the end of the term. This is typically needed when you return, purchase, or trade a leased vehicle.

Do I need an odometer disclosure statement in Massachusetts?

Federal law requires you to share the odometer mileage in conjunction with the transfer of ownership. Failure to complete or provide a false statement may result in fines and/or imprisonment.

What is an example of an odometer statement?

1. I hereby docHub that, to the best of my knowledge, the above-listed odometer reading reflects the actual mileage of the vehicle described below. 2. I hereby docHub that, to the best of my knowledge, the above-listed odometer reading reflects the amount of mileage in excess of its mechanical limits.