title when transferring ownership. If the odometer reading is inaccurate, the seller must indicate this discrepancy, either on the title or on a disclosure form. An odometer that doesn’t match the true mileage of the car could indicate the vehicle has been tampered with and may be a red ...
If the title transfer process requires the seller to make an odometer reading statement, make sure what’s written on the title matches the car’s odometer reading. It doesn’t need to match exactly, but it should be close. And the car’s odometer reading should never be less than what ...
The DMV may ask for additional information on the new car, including how much the buyer paid for it and its current odometer reading. It's important to give the DMV an accurate price and odometer disclosure to avoid fines. As long as the buyer has all the documents they need when they ...
States may require the seller to provide basic information about the car, such as the odometer reading and the sales price, which is used to calculate the sales tax. Before signing the title, check with your state’s DMV to find the proper line on which to sign and how to supply the ...