Montana Odometer Statement
Description
How to fill out Montana Odometer Statement?
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FAQ
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.
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.
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 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.
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.
Determine the exempt vehicle year model by subtracting 10 years from the current calendar year. For example, in calendar year 2014, 2004 and older year models are exempt. Reporting ExceptionsOdometer mileage disclosure is not required for: Vehicles 10 model years old and older (see Mandatory Reporting above).
Submitting a Data Correction Form for CARFAX Vehicle History ReportsSubmitting a Data Correction Form for CARFAX Vehicle History Reports.Begin by logging into your CARFAX Account at and clicking on the Data Correction Form link.Enter the 17-digit VIN and click Submit.More items...
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.
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.
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.
