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Information contained in the odometer mileage disclosure statement includes the following: The odometer reading at the time of transfer, The date of transfer, The transferor's name and address or the transferor's authorized agent's name and address if the transferor is a company,
City State Zip code Street address Date of statement Transferee's signature Federal and State law require that you furnish to the transferee a written odometer disclosure statement upon transfer of ownership.
It is illegal for a car dealership to roll back the miles on the car for any reason. There are certain odometer statutes in effect that protect the buyers of vehicles if the miles have been set back. Sometimes this means criminal charges for the company or person involved in this illegal activity.
Buying a car with a false odometer reading could mean the condition of the car you're buying isn't as good as you think, and might result in costly maintenance and repairs you're not prepared to handle.
Odometer mileage disclosure statements do not need to be given for vehicles having a gross vehicle weight rating of 16,000 pounds or more, vehicles 20 years old or older, or vehicles sold directly by the manufacturer to any agency of the United States Government (UCA §41-1a-902).