Summary: Contact Allen Stewart P.C. if you feel your vehicle's odometer was tampered with or you were sold a vehicle under pretenses today. The professionals here are ready to provide free claim evaluations. 

[11th November 2022, USA] Not every automobile lawsuit Allen Stewart P.C. handles constitutes a breach of warranty. Suppose you know how does an odometer work. In that case, you should also learn that According to the National Highway Traffic Safety Administration, odometer fraud is an increasing concern in the United States, with over 450,000 vehicles sold yearly with fake odometer readings. Miles traveled on a car defines how much wear and tear it has endured and, as a result, how much the vehicle is worth. Odometer tampering obscures that wear and tear, making it difficult for customers to make an informed purchasing decision. 

Are you concerned about what is an odometer disclosure statement? According to the federal Truth in Mileage Act (TIMA), motor vehicle vendors must give an odometer disclosure statement at the time of sale or transfer of ownership. That is one of the many pieces of paperwork a car buyer must sign when purchasing a vehicle; it involves the seller indicating how many miles are on the vehicle, and the buyer agrees. All passenger vehicles, pickup trucks, mobile homes, motorbikes, and trucks with a Gross Vehicle Weight Rating of less than 16,000 pounds that are less than ten years old must have odometer disclosures. 

A few vehicles are exempt from odometer disclosures, including those 20 years or older, have GVWRs over 16,000 pounds, are snowmobiles, are all-terrain vehicles, are not self-propelled, or are transferring titles with at least one registered owner remaining.

The odometer at the time and date of transfer must be shown on the odometer disclosure statements. The disclosure must specify whether the displayed mileage is accurate, erroneous, or exceeds the odometer's mechanical limits. Additionally, it must include the vehicle's year, make, and model, the buyer's name and address, and both the buyer's and seller's signatures. You can request a free consultation from Allen Stewart if you want to understand more about what is an odometer disclosure statement. The Allen Stewart team proudly asserts, "Serving you and your family in your quest for justice is a privilege. We appreciate your trust in Allen Stewart, P.C."

For further queries on how does an odometer work and its legal usage, you should visit https://www.allenstewart.com/odometer-disclosures-and-how-they-work/.X

About the company 

Innocent individuals and entire communities need a strong, successful champion when big business threatens their interests. Allen Stewart is dedicated to protecting the rights of people who have been hurt by others and is one of the country's top toxic tort lawyers. Allen Stewart is one of the top toxic tort litigators in the country, and his client triumphs are supported by some of the most prominent awards and certifications in the legal sector. The National Law Journal designated Allen Stewart as one of the Most Successful Young Litigators in America. 

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Phone: 866 440 2460 

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Address: 1700 Pacific Avenue, Suite 2750 Dallas, Texas 75201