Riverside California Odometer Statement
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How to fill out Riverside California Odometer Statement?
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FAQ
All states are required to provide an odometer disclosure section/space on complying titles or complying forms. The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number).
An Odometer Disclosure Statement is a legally binding document that provides an accurate mileage on the odometer at the time the car changes hands from the seller to the purchaser. And if the mileage is known to be incorrect, it must be indicated on the statement.
Federal law (and State law if applicable) 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.
The odometer gauge accurately shows how many miles are on a car but has other uses too such as calculating fuel mileage and distances traveled in a certain time frame.
Odometer Mileage Readings: Reporting of the odometer mileage disclosures assists in the detection of odometer tampering. The collection of this information provides consumers with an accurate record of the mileage affecting the retail value of the vehicle.
Federal and State laws require all dealers to disclose any type of odometer discrepancy to all future buyers before the sale. Most states have an Odometer Disclosure Statement that will allow you to report any type of odometer discrepancy.
Actual mileage means that the vehicles mileage is correct. Not actual mileage means that odometer is broken, has been replaced or the owner isn't aware of the correct mileage. Lastly exceeds mileage limits means that the vehicles odometer has reached the highest number possible and has started over at 1.
The Auto Club's verified mileage program is available to insured drivers who agree to report their odometer readings at the beginning and end of each policy period or who agree to install a small "telematics" device in their vehicle which will automatically record the number of miles driven.
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.
SECTION 28050-28053 It is unlawful for any person to advertise for sale, to sell, to use, or to install on any part of a motor vehicle or on an odometer in a motor vehicle any device which causes the odometer to register any mileage other than the true mileage driven.
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