Virginia Odometer Statement For Lease Buyout

State:
Virginia
Control #:
VA-00431
Format:
Word; 
Rich Text
Instant download

Description

This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.

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Bill of Sale

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FAQ

The mileage on a title may be corrected by obtaining an amended odometer statement from the seller who incorrectly reported the mileage in the first place. A corrected title application can then be processed at any Secretary of State branch office.

Make sure you compare the mileage on the title and the History Report with the mileage on the odometer. If you spot any discrepancy, especially if the title's mileage is higher than the others, ask the seller to explain it. Ask for some physical maintenance records or inspection records collected by the seller.

An odometer disclosure statement declares the mileage on your vehicle. They are required when buying a new car or selling a used one. You'll typically need to fill out an odometer disclosure statement to declare mileage on any vehicle that's less than 10 years old.

An Odometer Disclosure Statement is a legally binding document that provides an accurate mileage on the odometer at the time the car changes hands from the seller to the purchaser. And if the mileage is known to be incorrect, it must be indicated on the statement.

A odometer discrepancy describes a situation in which the vehicle's reported mileage does not match the vehicle's actual mileage.

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More info

Not sure if your transaction can be completed at home? Odometer Disclosure: Required to be completed for a retail sale.You can locate the form for your state here. Learn more about Honda's end of lease process available from Sheehy Honda. Contact your preferred BMW Center to schedule your final inspection and vehicle return. Remove any garage door remotes and toll tags; Fill out and sign an Odometer Disclosure Statement (search for and download at KMFUSA.

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Virginia Odometer Statement For Lease Buyout