As a new vehicle owner, it is common for you to have various queries, including “What is an odometer disclosure statement?” “How does an odometer work?” and so on. 
 
Here, we will take an in-depth analysis of the odometer disclosure statement, thereby helping you understand its relevancy. 
 
So, what is an odometer disclosure statement?
 
An odometer disclosure statement is a document that states and certifies the mileage of a vehicle, thereby providing its authenticity. Having a complete odometer disclosure statement handy is imperative to finalize the purchase or sale of a used vehicle. 
 
The importance –
Your vehicle’s mileage is directly proportional to the miles driven. Since lower miles on the odometer typically mean more money, many sellers roll back the odometer to lower the miles, thereby extracting more money from the purchaser. To prevent the purchaser from such frauds, the DMV necessitates sellers to provide an odometer disclosure statement. 
 
Why do you need an odometer disclosure statement?
As per the law, the seller is required to disclose the mileage details to the buyers. If you fail to declare the mileage to your novice seller who doesn’t even have an idea of how does an odometer works, you can face fines and even imprisonment. 
 
Where can you find the odometer disclosure statement?
Every state’s DMV has its specific way of declaring a vehicle’s mileage. If your state doesn’t provide a specific form, you can utilize the federal form for the same. You can even contact your local DMV to gain additional information on how to obtain an odometer disclosure statement. 
 
Also, if you need legal assistance with odometer disclosure, you can connect with Allen Stewart attorneys. 

For more information, log into https://www.allenstewart.com/odometer-disclosures-and-how-they-work/

About the company 
Allen Stewart is one of the leading law firms in the USA that provides legal services to a wide range of issues, including occupational cancer, bankruptcy, fraud, lemon law and personal injury. They have a proven track record of successfully assisting hundreds, if not thousands, of clients in the past. From navigating you through complex legal procedures to helping you comprehend your rights, their attorneys will stand by your side at all times. 


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Website – https://www.allenstewart.com/