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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.
To the title or statement of origin assignment (on the back): Lightly line through the incorrect information leaving it where it can still be read. Enter the correct information legibly above the lined through information. Complete Form T-11 Affidavit of Correction explaining the reason for the correction.
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.
An odometer disclosure statement is simply a declaration of a vehicle's mileage as indicated by its odometer, and if whether or not it's an accurate reading. If you've ever sold a car you've actually completed a generic odometer disclosure statement.
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.
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.
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.
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.
Basically speaking, the current odometer reading is the actual reading that you can see in your odometer at any given point in time. These are the numbers that you see on the odometer as they reflect the vehicle's mileage in the sense that these are the number of miles that the vehicle has been driven.
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.