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It is not advisable to sell a car with mileage discrepancy as it is unethical. Even though it might seem reasonable for most people, there are those who would use this module for rollback purposes.
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.
Let's say, for example, you purchase a car from someone that states the speedometer stopped working when the odometer read 80,000 miles. He or she then replaced the broken speedometer with a new speedometer that had an odometer reading of 40,000 miles. This would be an odometer discrepancy.
Is a Bill of Sale required for selling a car in Kansas? No, a bill of sale is not required. However, it's always a good idea to have a bill of sale signed by the seller and the buyer with a copy for both to transfer ownership and give legal protection to both parties.
How To Sell My Car In KansasCertificate of Title. Complete the reverse side of the title:Odometer Statement. Complete the odometer disclosure on the back of the title.Release of Liability. Complete the Seller's Notification of Sale (Form TR-216).Bill of Sale. Kansas doesn't require a bill of sale.
Federal and State law requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.
Total mileage limit of the car Sometimes the mileage discrepancy is caused because of the number of digits that can be displayed as the indication for the distance traveled. For instance, most of the cars have five-digit (99,999) or six-digit (999,999) odometers.
A odometer discrepancy describes a situation in which the vehicle's reported mileage does not match the vehicle's actual mileage. It is a brand or status that can be placed on a vehicle's title by the state DMV and it is also a check that may show up in a third-party vehicle history report.
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.