Vermont Odometer Statement
Description
How to fill out Vermont Odometer Statement?
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FAQ
Vermont issues a registration form of ownership for 15 year old vehicles. Since that is their version of a title, you can obtain this document in your name by paying the registration fee with just a bill of sale, and then present it to your state DMV who will then issue you a legal title in your name, in your state.
Complete the entire Vermont Motor Vehicle Registration, Tax and Title Application (form #VD-119). Be sure to enter the Plate number that you are transferring. You must complete Section 7 of the Vermont Registration Application, or incude your current Vermont Registration with the "Transfer Section" completed.
In Vermont, it is possible to sell a vehicle older than 15 years without a title. You will complete a bill of sale with the: Make/Model/Year of the car. The VIN.
The following paperwork is required for selling a car in Vermont: Certificate of Title. Bill of Sale and Odometer Disclosure (form VT-005) Lien Release, if applicable (form VT-08)
Selling a car in VermontSign the title over to the buyer. Make sure to help complete the Bill of Sale and Odometer Disclosure Statement with the buyer. Give the buyer a lien release. Remember you cannot sell a vehicle if it has a lien on it.
Vermont issues a registration form of ownership for 15 year old vehicles. Since that is their version of a title, you can obtain this document in your name by paying the registration fee with just a bill of sale, and then present it to your state DMV who will then issue you a legal title in your name, in your state.
Top 5 Tips for Using the Vermont Title LoopholeTip #1: Do NOT use the temporary registration method.Tip #2: Do NOT put out-of-state license plates on your vehicle.Tip #3: Type your title application.Tip #4: Present your DMV with this VT Bulletin.Tip #5: Choose the best book value for your vehicle.
How it works. The Vermont title loophole works because the state of Vermont is a non-titling jurisdiction. This means that they give registrations instead of titles for vehicles older than 15 years. For that reason, the registration provided is a valid document that can be used in other states to exchange for a title.
Signing Requirements Both the buyer and the seller must sign the document, but it need not be notarized.
No. Anyone can register a vehicle in the state of Vermont.
