A Philadelphia Pennsylvania Odometer Statement is a legal document used to record the mileage of a vehicle at the time of sale or transfer of ownership within the state of Pennsylvania. This statement is designed to protect both the buyer and the seller from potential odometer fraud and ensure accurate representation of the vehicle's mileage. The Philadelphia Pennsylvania Odometer Statement contains important information about the vehicle's odometer reading, such as the exact mileage at the time of sale, the date of sale, and the identity of the buyer and seller. It must be completed and signed by both parties involved in the transaction. There are no specific types of Odometer Statements specific to Philadelphia, Pennsylvania. However, the state of Pennsylvania follows the federal requirements set forth by the National Highway Traffic Safety Administration (NHTSA) in regard to odometer disclosure. These federal requirements state that any vehicle under 10 years old must have an accurate odometer reading provided at the time of sale or transfer of ownership. In addition to the odometer reading, the Philadelphia Pennsylvania Odometer Statement may also require the disclosure of any known discrepancies or alterations to the odometer that may affect its accuracy. This includes issues such as odometer rollback, frozen odometers, or any other tampering that may lead to inaccurate mileage representation. The Philadelphia Pennsylvania Odometer Statement plays a crucial role in protecting consumers from fraudulent practices related to odometer tampering and ensures transparency in vehicle transactions within the state. It serves as an official record of the vehicle's mileage at the time of sale, providing legal recourse for buyers who later discover inaccuracies in the reported mileage. It is important for both buyers and sellers of vehicles in Philadelphia, Pennsylvania, to understand the significance of the Odometer Statement and comply with the state and federal requirements to prevent odometer fraud. Failure to disclose accurate mileage or tampering with the odometer can result in severe penalties under Pennsylvania law.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.