You've probably heard about odometer fraud and what it's doing to the used vehicle industry right now. A vehicle with high mileage would likely sell for less than a vehicle with fewer miles. This factor may motivate dealers to lie about the number of miles on the automobile.
What does odometer mean?
Odometer is crucial since it records the number of miles traveled by your vehicle. It's the six-digit number at the bottom of your speedometer. Older automobiles had analog odometers. But modern cars have digital odometers.
If your automobile has an analog odometer, you may open the instrument cluster and roll back the numbers. Or, if it's digital, the car's computer can be tampered with. The Ohio odometer disclosure statement is in place to address this issue. Moreover, because of this law, every car's mileage is kept in a database. It is updated every time the vehicle is sold.
Here's how you can get an Odometer Disclosure Statement.
Odometer Disclosure Statement is required in every state. You may obtain the form on the website of the Department of Motor Vehicles in your jurisdiction. Some states will direct you to use the federal form, while others will have their documentation to fill out.
The form includes the buyer's and seller's personal information and the date of certification. It also includes the year, make, model, VIN, and the accurate mileage of the certification date.
To conclude
Contact Allen Stewart to know more about the Odometer Disclosure Statement or if you suspect that you have been a victim of odometer fraud.
To know more about what is the odometer reading please visit our website: allenstewart.com
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