An odometer disclosure statement in Ohio is a statement that must be included on the odometer of a car when sold or leased; it alerts buyers of the fact that their mileage may have been inflated.

But what happens if you bought a previously-owned vehicle without an odometer disclosure statement? You could be in for quite the surprise down the road when someone comes knocking on your door demanding their money back. 

It’s important to have some background on this topic before you buy or sell a used car and just how critical an odometer disclosure statement is for your safety as a buyer. Keep reading to find out!

Importance of odometer disclosure statement

An odometer disclosure statement in Indiana is important for several reasons. For one thing, it alerts buyers to the fact that their mileage may have been inflated. If a person purchases a vehicle and later finds out that the odometer reading has been tampered with, he can turn to the seller for a refund of the price paid. Many people get into legal trouble when they purchase used cars with untruthful odometers; this is a way to avoid such problems.

Other reasons why an odometer disclosure statement is important are as the following:

  • It helps you understand how bad driving conditions or wear-and-tear on your vehicle could be affecting your mileage.
  • It helps you determine what you’re actually paying for when you buy a used car, lease a vehicle, or rent an automobile.
  • It prevents possible disputes involving mileage representations between the parties to a transaction.

The Uniform Commercial Code requires that the seller must give you an odometer disclosure statement before you buy a car in any of the following circumstances:

  • When they sell a car that was titled in their name within the past five years.
  • When they sell a car that is less than 10 years old with more than 75,000 miles on it.
  • When they sell a used car, regardless of its age and mileage.

Who must provide the Odometer Disclosure Statement?

The seller of any used vehicle is required by federal law to give you an odometer disclosure statement in Indiana before you buy or lease a car, but it’s important that you know that the requirement is based on who is transferring ownership of the vehicle and not whether they are selling it as an individual or through a dealership.

What is included in the Odometer Disclosure Statement?

The odometer disclosure statement has three parts: the mileage reading, an odometer statement, and a signature line wherein the seller affirms that they are providing truthful information.

Wrapping up,

The odometer disclosure statement in Ohio is one more safety precaution that the law requires you to have as a buyer. It’s an important protection because it gives you specific information about your vehicle and what you are paying for. 

Andrew Richardson is the author of this Article. To know more about Odometer disclosure statement in Ohio please visit our website: