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In short, this document summarizes any damages that your car has had and expresses them in terms of monetary value. Usually, in this statement, you will find: The date of the inspection. Description of the vehicle: Vehicle identification number, make, model, and year of manufacture.
What if the odometer does not match the title?
If there is a discrepancy, you will need to make one of two choices: > Proceed with the transaction. The odometer reading recorded on your title will be branded \u201cNot Actual.\u201d This could greatly diminish the value of your vehicle. Allow DMV to hold your title while you collect evidence of the vehicle's actual mileage.
Can you correct odometer reading?
CORRECTING AN ODOMETER DISCREPANCY In order to have a correction made to the mileage on a vehicle record, you will need to provide the last two years of the vehicle's inspection records or VIN-specific vehicle repair bills, which indicate the mileage at the time of the inspection or repair.
What is an odometer disclosure statement TN?
The Truth in Mileage Act (TIMA) is a federal law that requires the seller of a motor vehicle to provide an odometer disclosure to the buyer at the time of sale or transfer of ownership. The buyer must sign in acknowledgment of the mileage disclosed.
How do I fix odometer discrepancy in Georgia?
If the title issued reflects an incorrect odometer reading as a result of a keying error and the Department's title record supports the correct information, submit: Completed and signed Form MV-18A Affidavit of Correction. Issued valid title. No fees when Department's records reflect the correct odometer reading.
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People also ask
Does NC require odometer disclosure statement?
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.
How do I get an odometer statement in Washington state?
Send a request with your name and mailing address to CustomerCare@dol.wa.gov. We'll mail it to you within 2 business days. 3rd Option. Call 360.902.
Does a car need an odometer?
As many will know, there's no legal requirement to have an odometer and it's not illegal to adjust the mileage. You are breaking the law, however, if you knowingly sell a vehicle with the incorrect mileage. Step forward - the dozens of hi-tech mileage adjustment companies advertising online.
Does Washington State require odometer disclosure statement?
An odometer disclosure statement is required on all transfers of ownership as required by RCW 46.12. 124 and Title 49 of the Code of Federal Regulations (C.F.R.), unless specifically exempted.
Is mileage and odometer the same?
Odometer and mileage are two separate entities altogether. The odometer is used to measure the distance traveled while the other, mileage, is the fuel consumption per kilometer. The distance you have traveled with a car helps you to find out the mileage.
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