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.

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.

How do you fix odometer discrepancy?

Make sure you compare the mileage on the title and the History Report with the mileage on the odometer. If you spot any discrepancy, especially if the title's mileage is higher than the others, ask the seller to explain it. Ask for some physical maintenance records or inspection records collected by the seller.

US Legal Forms
Odometer Statement

Montana Odometer Statement

Name: Montana 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.

How to fill out Montana Odometer Statement?

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FAQ

When a car is sold in this scenario, the mileage is marked on the title as exempt. This is simply stating that the car has been around too long to reliably verify its mileage.

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.

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.

Submitting a Data Correction Form for CARFAX Vehicle History ReportsSubmitting a Data Correction Form for CARFAX Vehicle History Reports.Begin by logging into your CARFAX Account at and clicking on the Data Correction Form link.Enter the 17-digit VIN and click Submit.More items...

Determine the exempt vehicle year model by subtracting 10 years from the current calendar year. For example, in calendar year 2014, 2004 and older year models are exempt. Reporting ExceptionsOdometer mileage disclosure is not required for: Vehicles 10 model years old and older (see Mandatory Reporting above).

When a car is sold in this scenario, the mileage is marked on the title as exempt. This is simply stating that the car has been around too long to reliably verify its mileage.

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.

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.

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.

Make sure you compare the mileage on the title and the History Report with the mileage on the odometer. If you spot any discrepancy, especially if the title's mileage is higher than the others, ask the seller to explain it. Ask for some physical maintenance records or inspection records collected by the seller.

More info

If the dealership did not provide a separate odometer statement, make sure that a dealer's agent signs section D of the application. Obtaining Insurance. Fill ... PIERRE, S.D. ? Beginning January 1, 2021, individuals will be required by a new federal rule to fill out an odometer disclosure when ...You'll typically need to fill out an odometer disclosure statement to declare mileage on any vehicle that's less than 10 years old. The buyer's name and address must be written on the title, per Montana law. Sellers need to complete the odometer (mileage) disclosure. The mileage must be ... Where title documents are resubmitted, write ?RESUBMITTAL? in red across the top ofcomplete the Odometer Statement to the best of their knowledge. How to fill out and sign executors online? · Get the Montana Bill Of Sale For Automobile Or Vehicle Including Odometer Statement And Promissory Note you need. Yes - complete this section and submit a filing fee of $8.24 for each securityThe odometer reading reflects the amount of mileage in excess of its ... The seller is about to provide information about the type of odometer (either five or six digits), and the correct mileage, as well the date of this data ... How to Fill Out the Odometer Disclosure Statement? · The vehicle's mileage and odometer disclosure. · The vehicle's make, model, style, year, and VIN. · The ... It's not unusual for a person to notice that the odometer reading on theirIn some states, the DMV has to complete the crossing out in ...

Montana Odometer Statement

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