Odometer Statements

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Commonly Asked Questions about Odometer Statements

Where to get Where do I get an odometer disclosure statement?

The odometer in a vehicle indicates the distance traveled in total on that vehicle. Odometer - American Association of Motor Vehicle Administrators aamva.org topics odometer aamva.org topics odometer

How to get How to get an odometer statement?

An odometer disclosure statement is a legal document that states the accurate mileage on a vehicles odometer at the time of transfer from the seller to the buyer. What is an Odometer Statement? Definition and FAQs - LawDistrict lawdistrict.com legal-dictionary odomete lawdistrict.com legal-dictionary odomete

What is the purpose of the odometer disclosure 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.

How important is the odometer?

A vehicles odometer reading is one of the key factors in determining what that vehicle is worth, as it indicates the number of miles a vehicle has traveled. A vehicle with high mileage is worth less than a vehicle with low mileage.

How do I find my odometer history?

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.

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.

Definition What is an odometer disclosure statement?

The most common situation usually arises where a dealer purchases a vehicle at auction, where the vehicle is not announced as having true miles unknown, and when the dealership runs a vehicle history report it notices that a third-party has reported mileage for the vehicle that creates a discrepancy in the mileage When A Vehicles History Report Causes A Mileage Discrepancy madisonlawapc.com when-a-vehicles-history-re madisonlawapc.com when-a-vehicles-history-re

What is an odometer disclosure statement in IL?

The Odometer Disclosure Statement is a legal document designed to record and declare the accurate mileage of a vehicle during a change of ownership. This form is particularly crucial for vehicles that are less than 10 years old and is mandated by federal law in the United States.

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.

Do I need an odometer disclosure statement TN?

PURPOSE: Federal and state law require both seller (transferor) and buyer (transferee) to accurately state the mileage of any used motor vehicle, with a manufacture year of 2011 or newer, in connection with the transfer of ownership whether sale, trade-in or exchange.