The value of a car can be significantly increased by simply having fewer miles on it. Because a car has fewer miles indicates that the vehicle has not been utilized as much, and the mechanical components therefore, are not worn down either. The Texas odometer disclosure statement of a car allows the prospective buyer to know this information very quickly.
1 – Importance of mileage statement.
Having the Odometer Disclosure Statement in Texas is very reassuring for anyone interested in buying a vehicle because it tells the accurate mileage a car has done. It can also help with the maintenance and repair of the vehicle since mileage is a reliable unit for mechanics to estimate the wear and tear of a vehicle.
2 – Prevent odometer fraud.
Many people will try to tamper with the odometer of a car by resetting or electronically altering the number of miles a car has done. This practice is commonly used by sellers in order to increase the value. Therefore, by asking for an Odometer Disclosure Statement in Texas, you prevent yourself from being a victim of odometer fraud.
3 – How to get an odometer disclosure statement.
Usually, the seller will provide the Odometer Disclosure Statement in Texas in order for you to sign it and acknowledge the odometer reading. Otherwise, you go online and download it from the state website.
To summarize
It is very important that you receive the Texas odometer disclosure statement because it is a legal document that can protect you from odometer fraud.
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