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An odometer is a device for measuring the distance traveled by a vehicle. The odometer usually lives in the vehicles dashboard. Odometer derives from two Greek words meaning path and measure. An odometer may be digital or mechanical.
What does actual mileage mean?
Actual Mileage; the miles shown on the odometer are the exact miles the vehicle has been driven, required for all vehicles that are nine years and newer and do not meet exemptions in Title 49 Odometer Disclosure. Actual Mileage: the miles shown on the odometer are the exact miles the vehicle has been driven.
What does mileage exempt mean in Michigan?
Miles Exempt brands simply mean that the vehicle is over 10 years old and is now exempt from mileage disclosure. Some states automatically brand a car exempt at 10 years old, others allow the exemption to occur, while some states never use the brands.
What does I hereby docHub that the odometer reading reflects the amount of mileage in excess of its mechanical limits?
ODOMETER BRANDS: In Excess of Mechanical Limits: Due to limited digits on a vehicles odometer, the actual mileage is impossible to determine by sight. Example: a vehicle with a 5-digit odometer could not accurately identify mileage over 99,999 miles.
How do I write a bill of sale for a car in NC?
What Should Be Included on a Bill of Sale? The name and address of the buyer. The date of the sale. The name and address of the motor vehicle dealer/manufacturer which sold you the vehicle. The vehicles model, year, make, body style, and vehicle identification number (VIN) The purchase amount.
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How do you fill out an odometer disclosure statement in NC?
I, (sellers printed name) state that the odometer now reads (miles, no tenths) miles and to the best of my knowledge that it reflects the actual mileage of the vehicle described above, unless one of the following statements is checked.
How do I fill out a title for a car in North Carolina?
North Carolina titles must be docHubd.This information includes the: Buyer and recipients name and address. Date of sale or date of delivery. Sellers signature and hand-printed name. Odometer reading (if required) Damage disclosure statement.
Does NC require odometer disclosure statement?
New Unregistered Vehicles Odometer Disclosure Statement (MVR-180): Seller shall disclose the mileage to the buyer in writing on the application with signatures and hand printed name. If a vehicle is 10 years old and older, odometer reading is not required.
What is an odometer disclosure statement Colorado?
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.
Is an odometer disclosure statement required in 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.
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