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When a car is sold in this scenario, the mileage is marked on the title as \u201cexempt.\u201d This is simply stating that the car has been around too long to reliably verify its mileage.
How do you fill out a Honda odometer disclosure statement?
(1) I HEREBY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE THE ODOMETER READING REFLECTS THE AMOUNT OF MILEAGE IN EXCESS OF ITS MECHANICAL LIMITS. (2) I HEREBY CERTIFY THAT THE ODOMETER READING IS NOT THE ACTUAL MILEAGE. WARNING \u2013 ODOMETER DISCREPANCY.
How do I report odometer rollback in Texas?
5. 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.
What does mileage exempt mean in Texas?
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.
What is an odometer statement in Texas?
Vtr 40 Details In order to title or transfer a motor vehicle in the state of Texas, you will need to complete and submit a Texas odometer statement form to the Department of Motor Vehicles. This document confirms that the mileage on the car has been accurately documented.
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People also ask
What is the penalty for odometer tampering in Texas?
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.
Does Honda financial have an early payoff penalty?
The benefits of financing your vehicle with Honda Financial Services are: You are the owner of the vehicle. All retail loans are open and you may pay out the finance contract at any time without prepayment penalties.
Is an odometer disclosure statement required in Texas?
Section 501.072 requires the transferor of a motor vehicle transferred in this state to provide to the transferee a disclosure of the vehicle's odometer reading at the time of the transfer in compliance with 49 U.S.C.
What is an odometer statement in Texas?
Vtr 40 Details In order to title or transfer a motor vehicle in the state of Texas, you will need to complete and submit a Texas odometer statement form to the Department of Motor Vehicles. This document confirms that the mileage on the car has been accurately documented.
What happens if you buy a car with the wrong mileage?
Whether you need to correct the mileage on a car title because of a mistake or as a result of odometer tampering, your local DMV will help you move forward. Make sure you correct the title accurately and fill out the appropriate paperwork.
honda financial odometer statement
NHTSA | National Highway Traffic Safety Administration
Get resources and info about staying safe on America's roads. And, find out if there's a recall on your car or how to report a vehicle safety problem.
Vehicle Services Titling - Division of Motor Vehicles
Federal and State Law requires that you state the mileage in connection with transfer of ownership. Failure to complete Odometer Statement or providing a ...
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