Articles
Things You Must Know About Odometer Disclosure Statement
by Andrew Richardson allenstewartWith the increasing number of automobile frauds, tampering the odometer reading has become a big concern for many people. An individual tampering the odometer uses a forged or replaced title document to show false reading over the odometer for lower mileage. This title document helps the seller commit fraud against the buyer to sell the used vehicle for more than a thousand dollars.
To avoid any odometer fraud, you can ask for a declaration from the seller. You will need an odometer disclosure statement for your successful and efficient vehicle purchase. You will need this declaration report for the automobile's mileage for an accurate reading. This statement is attached with the bill of automobile sale when buying any vehicle under ten years of use and below 16,000 pounds of weightage.
There are a few more things that you must know about the odometer disclosure statement, such as why it is needed, how to get one, how to specify accuracy, etc.
Why Do You Need An Odometer Disclosure Statement?
Odometer disclosure statements are essential under the law for the consumer rights of the buyer. If you want to buy a used vehicle, you will need an odometer disclosure statement along with the bill of sale to get assurance of the mileage commitment made by your seller.
You can verify the mileage and odometer reading from a personal mechanic. Then, if you find any problem or tampering that goes against the information given in the statement, you can take legal action against the seller. However, all vehicles are not subject to this statement under the law, such as a ten-year-old or above-used car in California that doesn't need this statement for sale.
How To Check Your Odometer Disclosure Statement?
If you have never purchased a used automobile, you must know the points to check in your odometer disclosure statement of the vehicle. You must check if the statement includes the following facts or not.
-
Full name and full signature of your automobile seller.
-
Correct mailing address with street name and number, apartment number, delivery box number, etc.
-
Accurate reading of the vehicle's odometer on the statement with appropriate boxes.
-
How To Specify Readings For Your Odometer Disclosure Statement?
-
You can specify or indicate the readings in three ways.
-
If you use and write the vehicle's mileage indicated by the odometer on your statement, it will be considered the actual mileage.
-
If the mileage indicated by the odometer exceeds the limits of a mechanical motor, you can tell the vehicle to be rolled over.
-
Lastly, you can specify the odometer is 'not the actual mileage' for a broken, replaced or unknown vehicle mileage.
Final Thoughts
So, whether you want an odometer disclosure statement in Texas or New York, make sure that you follow this article for a brief knowledge before making any purchase decision.
Andrew Richardson is the author of this Article. To know more about Lemon Law in CA please visit our website: allenstewart.com
Sponsor Ads
About Andrew Richardson 
allenstewart
0 connections, 0 recommendations, 96 honor points.Joined APSense since, May 14th, 2020, From Florida, United States.
Created on Jul 20th 2021 02:44. Viewed 115 times.
