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What is the odometer disclosure statement Colorado? COLORADO ODOMETER DISCLOSURE STATEMENT Federal 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.
Odometer Disclosure Statement. Information. Step 1 Vehicle Information. Step 2 Buyer Information. Step 3 Seller Information. Step 4 Odometer Information. □ WARNING ODOMETER DISCREPANCY I/We hereby docHub that the odometer reading is NOT the. Step 5 Statement of Buyer.
Lets say, for example, you purchase a car from someone that states the speedometer stopped working when the odometer read 80,000 miles. He or she then replaced the broken speedometer with a new speedometer that had an odometer reading of 40,000 miles. This would be an odometer discrepancy.
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.
If you notice an error on your title, you can visit a motor vehicle agency or submit a written request through the mail to request a correction. If you visit a motor vehicle agency: You must provide proof that a correction is needed. There is no charge to correct a title if the error was clearly caused by the MVC.
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Sellers Signature Sellers Name (Print Name in Full) Mailing Address (Include Street Number and Name, Rural Delivery, Box, Apt. No.) Enter odometer reading exactly as it appears on the vehicles odometer (excluding tenths) and check applicable boxes.
An odometer disclosure statement is a required attachment to a vehicle bill of sale at the time of purchase for all vehicles below 16,000 pounds and under 10 years of age.

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