Odometer Statement
What this document covers
The Odometer Statement is a notarized document prepared by the seller of a vehicle that accurately records the vehicle's mileage at the time of sale. This form is essential for compliance with federal law, which mandates that the seller provides the actual mileage upon the transfer of ownership. It serves to protect both buyers and sellers from fraudulent practices regarding vehicle mileage disclosures, distinguishing it from other vehicle sale documents.
Main sections of this form
- Transferor (Seller) information: The seller's name and details.
- Odometer reading: The exact mileage displayed by the vehicle's odometer.
- Certification statements: Sections for affirmatively stating if the mileage reflects actual conditions or if there are discrepancies.
- Vehicle description: Make, model, and body type of the vehicle being sold.
- Notary public section: to validate the seller's declaration legally.
Situations where this form applies
This form should be used when selling or transferring ownership of a vehicle. It must be completed at the time of sale to document the mileage accurately. The Odometer Statement is crucial in situations where the vehicle's age and condition need clear documentation for the buyer, such as when selling a used car, in private transactions, or when completing a trade-in at a dealership.
Intended users of this form
- Individuals selling a vehicle privately.
- Dealers handling transactions for used vehicles.
- Anyone transferring ownership of a vehicle that requires mileage disclosure.
Instructions for completing this form
- Enter the seller's name in the designated section.
- Record the exact mileage as shown on the vehicle's odometer.
- Indicate whether the mileage represents actual road use, exceeds mechanical limits, or is untrue by checking the appropriate box.
- Provide the vehicle's make, model, and body type.
- Sign the document in front of a notary public to finalize it.
Notarization guidance
This document requires notarization to meet legal standards. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available 24/7.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Failing to record the exact odometer reading accurately.
- Not notarizing the form, which may invalidate the transaction.
- Omitting vehicle details such as the make and model.
- Providing false information about the mileage.
Benefits of using this form online
- Convenient access: Download and complete the form from home at any time.
- Editability: Easily make changes before finalizing the document.
- Reliability: Access to templates prepared by licensed attorneys ensures your form is compliant and valid.
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FAQ
If your vehicle is equipped with an odometer capable of reading 999,999 miles, you need only write in the odometer disclosure "the actual mileage shown" on the odometer. (NOTE: Do not write in tenths of miles.) (Example: If your odometer reads 118, 666.6 miles, you would disclose 118,666 miles on the title.)
A vehiclea20ac2122s odometer reading is one of the key factors in determining what that vehicle is worth, as it indicates the number of miles a vehicle has traveled. A vehicle with high mileage is worth less than a vehicle with low mileage.
If your vehicle is equipped with an odometer capable of reading 999,999 miles, you need only write in the odometer disclosure "the actual mileage shown" on the odometer. (NOTE: Do not write in tenths of miles.) (Example: If your odometer reads 118, 666.6 miles, you would disclose 118,666 miles on the title.)
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.On a California vehicle title, the box underneath the two stacked signatures is provided specifically for the odometer disclosure statement.
A sticker inside the vehicle often reads when the car had its last oil change and what its mileage number was at the time. The interior of the car is evenly important. Examine the usage and wear of the wheel, gear lever and pedals and compare this to the mileage number on the odometer.
Whatever number it shows is the distance your bike has covered. If the right number is in a white dial, it means that it shows the meters in 100s covered. So, if it shows 22595 with 5 being in the white dial, that means the distance covered is 2259 km and 500 m.
Odometer codes are shown to reflect the known reliability of the odometer reading. Actual means that the odometer reading is believed to be the true and actual mileage of the lot.Exempt means that by Federal Law, no odometer code is required to be displayed for this lot.
