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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.
Exempt from Odometer Disclosure. The vehicle falls within criteria that allow it to change ownership without disclosure of the odometer reading. Exempt. Exceeds Mechanical Limits. The odometer reading is less than the true mileage of the vehicle because the odometer cannot display the total number of true miles.
In Florida, in a car that is 10 years old or older, the seller can list exempt for mileage on the title. But it is against federal law to roll back the odometer and lie to the consumer.
It means that its exempt from federal odometer disclosure laws so no one has to legally guarantee them to be accurate due to the age and or class of vehicle, Over 10 years old is exempt.
When a car is sold in this scenario, the mileage is marked on the title as exempt. This is simply stating that the car has been around too long to reliably verify its mileage.
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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.
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.
When a car is sold in this scenario, the mileage is marked on the title as exempt. This is simply stating that the car has been around too long to reliably verify its mileage.

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