Odometer Disclosure Statement

The 1986 Federal Truth in Mileage Act created a database to record the mileage of every vehicle sold in the United States. The law also requires every sold vehicle under ten years of age and under 16,000 pounds to have an Odometer Disclosure Statement attached to the vehicle bill of sale. 

As a result, 50 states require this document to finalize vehicle sales and as a condition for new registration applications. Some states accept general federal forms, and others have their state-specific odometer disclosure forms. 

What Is an Odometer Disclosure Statement?

In short, the Odometer Disclosure Statement declares a vehicle's mileage as shown on the odometer. You can also use it to specify that the seller cannot attest to the odometer reading accuracy. Commercial vehicles with weight limits do not require an Odometer Disclosure Statement. 

The odometer reading is an essential consideration when purchasing a vehicle. The Odometer Disclosure Statement also shows if the car is equipped with an odometer of five or six digits and if the mechanical limit has been rolled over. The Odometer Disclosure Statement may include a damage disclosure. 

Other Names for Odometer Disclosure Statement

Depending on your state, an Odometer Disclosure Statement may also be known as:

• Odometer Disclosure Form
• Mileage Disclosure Statement 
• Odometer and Damage Disclosure Statement 

Who Needs an Odometer Disclosure Statement?

Whether you're a buyer or seller of a vehicle under ten years of age, the law requires you to fill out and sign an Odometer Disclosure Statement. 

Why Use Swyft Forms for Your Odometer Disclosure Statement?

Customized for you, by you

Create your own documents by answering our easy-to-understand questionnaires to get exactly what you need out of your Odometer Disclosure Statement.

Specific to Your Jurisdiction

Laws vary by location. Each document on Swyft Forms is customized for your state.

How to Create an Odometer Disclosure Statement With Swyft Forms?

The Odometer Disclosure Statement includes dedicated spaces for the vehicle description, buyer and seller details, and the odometer reading. 

Let Swyft Forms help with our extensive library of attorney-vetted legal forms. The process is fast and easy. All you have to do is fill out our easy-to-understand questionnaire. Once complete, simply download your form as a PDF or Word document from your secure online account.

What Information Will I Need to Create My Odometer Disclosure Statement?

To create your document, please provide:

• Seller Details: The legal name and contact information of the vehicle seller.
• Buyer Details: The legal name and contact information of the vehicle buyer.
• Vehicle Information: The year, make, model, body type, and VIN of the vehicle.
• Odometer Reading: The number displayed on the odometer. 
• Acknowledgment: A statement by the buyer attesting to the disclosure. 
• Date of Statement: The date when the message is signed. 
• Signatures: Both parties need to sign the statement.

Odometer Disclosure Statement Terms

• Odometer: An instrument for measuring distance in a vehicle 
• Mileage: The number of miles traveled 
• Disclosure: An act of making information known 
• Discrepancy: Conflicting data points 
• VIN: The Vehicle Identification Number 

Odometer Disclosure Statement Signing Requirements

Before signing the Odometer Disclosure Statement, it is recommended for the buyer to review and verify the accuracy. By signing the statement, the seller assures they have disclosed accurate information to the best of their knowledge, even if that means they don't know the precise odometer reading. 

What to Do With Your Odometer Disclosure Statement?

After you have created your Odometer Disclosure Statement, download it and print out a copy for the buyer and seller to sign. After that, it becomes a part of the vehicle's paperwork. The odometer reading becomes an official part of the vehicle's history relevant to all future sales transactions.