This form is a notarized statement prepared by the seller that contains the actual mileage of a vehicle. Federal Law requires the seller of a vehicle to provide mileage upon transfer of ownership.
You generally keep the odometer statement for your records and provide a copy to the buyer. It’s all about making sure everyone has their ducks in a row.
While it’s not always required, having a witness can add an extra layer of credibility to your odometer statement. It’s a good practice to cover your bases.
Providing false information on an odometer statement can lead to legal trouble. It’s best to be honest as the truth always comes out in the wash.
You can easily find an odometer statement template online. Just fill in the details about your vehicle and the mileage, and you're good to go!
Yes, it’s usually required by law to provide an odometer statement during vehicle transfers, especially for cars less than 10 years old. It’s a way to ensure all parties are clear on mileage.
You typically need an odometer statement when you’re selling or transferring your vehicle. It helps keep everything above board and avoids any future misunderstandings.
An odometer statement is a document that shows the mileage on your vehicle's odometer at the time of sale. It's like a snapshot of how far your car has traveled.