Odometer disclosure statement texas 2026

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  1. Click ‘Get Form’ to open the odometer disclosure statement in the editor.
  2. Begin by filling out the vehicle description section. Enter the Make, Year, Body Style, Model, and Vehicle Identification Number (VIN) accurately.
  3. In the certification section, write your name as the Seller/Agent. Then, provide the current odometer reading and date of the statement.
  4. Check one of the statements regarding mileage: either that it is in excess of mechanical limits or that it is not actual mileage. This is crucial for legal compliance.
  5. Sign and print your name in the designated areas. If applicable, include your firm’s name.
  6. The buyer/agent must acknowledge the odometer disclosure by signing and printing their name along with their address details.

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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.
Using the IRS Standard Mileage Rate in Texas As of January 1, 2025, the standard mileage rate is $0.70 cents per mile. This means that for every mile your employees drive, you reimburse them $0.70. If they drove 100 miles, you reimburse them $70.00.
Section 501.072 requires the transferor of a motor vehicle transferred in this state to provide to the transferee a disclosure of the vehicles odometer reading at the time of the transfer in compliance with 49 U.S.C.
A properly signed title, including the date of sale and odometer reading. Signed Application for Texas Title and/or Registration (Form 130-U) with the sales price clearly shown.
To read a digital odometer, just take a look at the numbers on the vehicles dashboard. The rightmost digit shows tenths of a mile or kilometer.

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TAMPERING WITH ODOMETER; OFFENSE. (a) A person commits an offense if the person, with intent to defraud, disconnects or resets an odometer to reduce the number of miles indicated on the odometer. (3) both the confinement and fine. (2) a fine not to exceed $2,000.
For large-scale investigations, the National Highway Traffic Safety Administration (NHTSA) Office of Odometer Fraud Investigation can provide assistance. You may help an investigation by reporting a suspicious VIN to the NHTSA Office of Odometer Fraud Investigation at (202) 366-4761.

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