What is a mileage statement?

An odometer disclosure statement declares the mileage on your vehicle. They are required when buying a new car or selling a used one. You'll typically need to fill out an odometer disclosure statement to declare mileage on any vehicle that's less than 10 years old.

How do you write an odometer?

If your vehicle is equipped with an odometer capable of reading 999,999 miles, you need only write in the odometer disclosure "the actual mileage shown" on the odometer. (NOTE: Do not write in tenths of miles.) (Example: If your odometer reads 118, 666.6 miles, you would disclose 118,666 miles on the title.)

What is a generic odometer disclosure statement?

An odometer disclosure statement is simply a declaration of a vehicle's mileage as indicated by its odometer, and if whether or not it's an accurate reading. If you've ever sold a car you've actually completed a generic odometer disclosure statement.

US Legal Forms
Odometer Statement

Mississippi Odometer Statement

Name: Mississippi Odometer Statement
Brand: US Legal Forms
Rating: 4.73 (378 reviews)

Category:

Bills of Sale - Automobiles

State:

Multi-State

Control #:

US-ODM-1

Format:

Instant download

Description

This form is a notarized statement prepared by the seller that contains the actual mileage of a vehicle. Federal Law requires the seller of a vehicle to provide mileage upon transfer of ownership.

View District of Columbia

How to fill out Mississippi Odometer Statement?

Discovering the right lawful document format could be a battle. Of course, there are a variety of templates available on the Internet, but how do you find the lawful form you want? Use the US Legal Forms site. The services offers 1000s of templates, for example the Mississippi Odometer Statement, that can be used for business and personal needs. All of the varieties are checked by experts and satisfy federal and state demands.

Should you be previously authorized, log in to your bank account and then click the Down load switch to obtain the Mississippi Odometer Statement. Use your bank account to check through the lawful varieties you possess bought formerly. Visit the My Forms tab of your own bank account and have another backup from the document you want.

Should you be a new customer of US Legal Forms, listed below are straightforward guidelines so that you can stick to:

Initially, be sure you have chosen the correct form for your personal town/region. It is possible to examine the form making use of the Review switch and study the form explanation to make sure it is the best for you.
In the event the form fails to satisfy your preferences, utilize the Seach industry to get the right form.
When you are sure that the form is proper, click the Get now switch to obtain the form.
Choose the prices program you would like and type in the needed information and facts. Design your bank account and buy your order using your PayPal bank account or charge card.
Opt for the submit structure and acquire the lawful document format to your product.
Complete, revise and print and indication the attained Mississippi Odometer Statement.

US Legal Forms is the largest collection of lawful varieties in which you can find different document templates. Use the company to acquire skillfully-produced papers that stick to state demands.

Form Rating

4.73

Satisfied(378)

Form popularity

FAQ

An odometer disclosure statement declares the mileage on your vehicle. They are required when buying a new car or selling a used one. You'll typically need to fill out an odometer disclosure statement to declare mileage on any vehicle that's less than 10 years old.

If your vehicle is equipped with an odometer capable of reading 999,999 miles, you need only write in the odometer disclosure "the actual mileage shown" on the odometer. (NOTE: Do not write in tenths of miles.) (Example: If your odometer reads 118, 666.6 miles, you would disclose 118,666 miles on the title.)

Let's say, for example, you purchase a car from someone that states the speedometer stopped working when the odometer read 80,000 miles. He or she then replaced the broken speedometer with a new speedometer that had an odometer reading of 40,000 miles. This would be an odometer discrepancy.

An odometer disclosure statement is simply a declaration of a vehicle's mileage as indicated by its odometer, and if whether or not it's an accurate reading. If you've ever sold a car you've actually completed a generic odometer disclosure statement.

Total mileage limit of the car Sometimes the mileage discrepancy is caused because of the number of digits that can be displayed as the indication for the distance traveled. For instance, most of the cars have five-digit (99,999) or six-digit (999,999) odometers.

A odometer discrepancy describes a situation in which the vehicle's reported mileage does not match the vehicle's actual mileage. It is a brand or status that can be placed on a vehicle's title by the state DMV and it is also a check that may show up in a third-party vehicle history report.

PURPOSE: Federal and state law require both seller (transferor) and buyer (transferee) to accurately state the mileage of any used motor vehicle, with a manufacture year of 2011 or newer, in connection with the transfer of ownership whether sale, trade-in or exchange.

It's because they need to calculate whether you are at high risk of accident or not. Simple logic operates here the more you drive, the higher the chance of accidents. That's why they care so much about your annual mileage.

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.

More info

You will need to complete an Odometer Disclosure Statement (Form 78-015), and pay the $9 vehicle title transfer fee in addition to all ... Download Odometer Disclosure Statement (78015) ? Department of Revenue (Mississippi)document is issued by Department of Revenue for use in Mississippi ...The purchaser must sign the disclosure statement, including printed name and address, and return a copy to the seller. 3. Complete this form in its entirety, in ... How To Fill Out The MS Transfer Of Title Form · Turn to the back of DMV title transfer form. · Under the ?Assignment of title by registered owner? words, print ... Complete address of the seller. ? Name of the buyer. ? Complete address of the buyer. ? Complete vehicle description, including Vehicle Identification Number ... Why is an odometer disclosure required? The Truth in Mileage Act (TIMA) is a federal law that requires the seller of a motor vehicle to. In some cases, you can simply fill in the odometer reading section on the certificate of titleMississippi: Form 78-015 - Odometer Disclosure Statement Failure to complete or providing a false statement may result in fines and/or imprisonment. I certify to the best of my knowledge that the odometer reading ... Odometer Reading ? The actual mileage of the vehicle, excluding tenths, must be recorded unless the vehicle is model year 2010 or older and at least ten ... Federal law and State law requires that you state the mileage in connection with the transfer of ownership. Failure to complete or providing false statement may ...

A.

Mississippi Odometer Statement

Description

Related forms

How to fill out Mississippi Odometer Statement?

Show more info

Form Rating

Form popularity

FAQ

What is a mileage statement?

How do you write an odometer?

What does odometer discrepancy mean?

What is a generic odometer disclosure statement?

What causes mileage discrepancy?

How do you explain odometer discrepancy?

What is odometer disclosure statement TN?

Why does my insurance company want my odometer reading?

What is the purpose of odometer disclosure statement?

More info

Trusted and secure by over 3 million people of the world’s leading companies