Complete Odometer Disclosure Statement: Information & Section for Mileage

If you are selling or buying a vehicle, it's essential to have accurate information about its mileage. The odometer provides this information, giving you an idea of how much the vehicle has been driven. At BizzLibrary.com, we understand the importance of disclosing accurate mileage information, and we've designed an Odometer Disclosure Statement template to make this process simpler for you.

What is an Odometer Disclosure Statement?

An Odometer Disclosure Statement is a legal document that provides information about a vehicle's mileage at the time of its sale or transfer of ownership. It's a required document in most states and is mandated by federal law. The statement ensures that buyers are aware of the vehicle's true mileage and helps prevent odometer fraud, which is the illegal practice of rolling back the odometer to make a vehicle appear to have lower mileage than it actually does.

What Does the Odometer Disclosure Statement Template Cover?

Our Odometer Disclosure Statement template covers the following important sections:

1. Vehicle Information: This section includes the year, make, and model of the vehicle, as well as the vehicle identification number (VIN).
2. Odometer Information: This section includes the current mileage on the odometer, the date of the reading, and the complete name, address, and signature of the seller.
3. Buyer Information: This section includes the complete name and address of the buyer, as well as their signature.
4. Section for Federal and State Odometer Disclosure Statements: This section includes the required federal and state disclosures.
5. Additional Information: This section provides space for any additional information that needs to be disclosed.

Why Download Our Odometer Disclosure Statement Template?

Our Odometer Disclosure Statement template is a professionally drafted document that ensures you disclose accurate mileage information when selling or transferring ownership of a vehicle. You can easily download our template in DOCX format, which you can edit and personalize to suit your needs. Here are some of the benefits of downloading our Odometer Disclosure Statement template:

• Save time and effort by avoiding the need to draft a new Odometer Disclosure Statement from scratch.
• Ensure compliance with federal and state laws and regulations regarding odometer disclosure.
• Protect yourself from potential legal issues due to inaccurate odometer information.
• Enjoy peace of mind knowing that you've accurately disclosed the vehicle's mileage to the buyer.

Visit BizzLibrary.com today and download our Odometer Disclosure Statement template, along with a variety of other business documents and templates. Ensure the accuracy and legality of your odometer disclosures and protect your interests in any vehicle sale or transfer of ownership.