An Odometer Disclosure Statement: What Is It?

An odometer disclosure statement is a form that is required to be completed by the seller of a vehicle when the vehicle is sold. At the time of sale, the seller must complete the form and give it to the buyer.

Most states have laws requiring sellers to disclose a vehicle’s mileage. But first, let’s see what is the odometer reading.

What is the odometer reading?

An odometer tracks the number of miles the car has driven. The lesser the miles, the more will be its resale value.

The odometer disclosure statement resolves an important car-buying question “How to get a certified odometer reading.” This document is important because it helps ensure buyers are aware of the mileage on a vehicle. Mileage is a significant factor in the value of a vehicle, and buyers have a right to know how many miles are on the odometer.

The Odometer disclosure statement must include the following information:

-As of the time of purchase, the mileage of the vehicle

-The date of the sale

-The seller’s name and address

-The buyer’s name and address

–The vehicle’s manufacturer, model, and year

If you are buying or selling a vehicle, be sure to check your state’s laws on odometer disclosure. Make sure that you understand the requirements and that you comply with them. The last thing you want is to get into trouble with the law because you failed to disclose the mileage on a vehicle. 

How to get a certified odometer reading?

There are a few ways to get a certified odometer reading. Still, the most common is to take the vehicle to a dealership or certified mechanic and have them inspect the odometer. They will usually provide a certificate that includes the odometer reading.

Final thought:

If you are buying or selling a vehicle, be sure to complete an Odometer Disclosure Statement to protect yourself and the other party involved.

To know more about What is the odometer reading please visit our website: allenstewart.com

Things You Need to Know About Odometer Reading

Many don’t even know this, but the odometer on your vehicle is very important, and it serves a very important purpose of indicating how many miles your vehicle has covered.

People have doubts about what is the odometer reading and have doubts about odometers. So, today we will explain how you can read odometer readings and how to get a certified odometer reading.

What is an odometer reading?

Odometer is an important part of the instrument cluster that many people have seen but knows very little about. Odometer helps the buyer know how many miles a particular vehicle has traveled to date.

It is easy to read an odometer. There are mainly two types of odometers; mechanical odometers and digital odometers.

Mechanical odometers have numbers that move as per the distance covered by the vehicle. Digital odometers are more sophisticated and advanced than mechanical odometers. You can add trips and find how many miles were covered during a particular trip.

Is it possible to roll back an odometer?

Fraudsters and scammers usually roll back the odometer to trick new buyers into believing the vehicle has covered a fewer number of miles. It is difficult to roll back a digital odometer, but fraudsters have developed ways to bypass it and rollback.

However, if you’re looking for an answer to how to get a certified odometer reading, then you can try calling a mechanic you trust and ask them to confirm whether or not the odometer was tampered with.

Wrapping up

If you find out you have been cheated because of odometer tampering, you can file charges against them by taking the help of professionals from Allen Stewart.

To know more about How to read an odometer please visit our website: allenstewart.com