Why is it Important to Present an Odometer Disclosure Statement?

Posted March 1, 2022 by allenstewartpc

There is a need for an odometer disclosure statement because of an increase in odometer tampering going around in the used car market.
An automobile with fewer miles on the odometer can be sold at a higher price than an automobile with higher miles. This has led to states and federal governments implementing new ways to reduce tampering, and one such method is the introduction of odometer disclosure statements.

The main question that a customer should ask before buying any used vehicle is what is an odometer, how does an odometer work, and what is an odometer disclosure statement.

An odometer is an instrument that reads and collects the data of how many miles the vehicle has covered since it was brought. The reading displayed on the odometer is important, as it plays a crucial role in deciding the cost of the vehicle.

Older automobiles had mechanical odometers, and newer vehicles had digital odometers. The odometer is designed to calculate the number of revolutions the tire makes while traveling, and the value is delivered to the driver in the form of miles covered.

In digital odometers, calculating the miles is done by a sensor and a circuit. A magnetic pick-up is located very near the gearbox's toothed wheel. This induces pulses of current.

The ECU then receives the signal from the sensor, and it converts the pulses to voltage which activates a stepper motor. This digital odometer records the readings.

An odometer disclosure statement is a record that mentions the mileage indicated by the odometer, and it helps identify whether the reading is accurate or not. Before selling any vehicle, it is mandatory to complete a generic disclosure statement.

If the customer's vehicle is older than ten years, the seller needs to have the disclosure statement. If you think the dealerships have deceived you and sold a faulty car with tampered odometer readings, you can reach out to the professionals from Allen Stewart.

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

About the company

If you need the best legal guidance for any queries regarding lemon law cases, auto fraud cases, benzene exposure, etc., you can always reach out to the attorneys at Allen Stewart. They have a dedicated team of the best legal experts to help you get fair judgment with merit and talent. These attorneys do not charge extra and can guide you in the best way possible at affordable rates.


Phone: - 866-440-2460
Address: - 1700 Pacific Avenue Suite 2750, Dallas, Texas 75201
Website:- https://www.allenstewart.com/odometer-disclosures-and-how-they-work/
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Issued By Allen Stewart, P.C. Law Firm
Phone 866-440-2460
Business Address 1700 Pacific Avenue Suite 2750, Dallas, Texas 75201
Country United States
Categories Business , Law , Legal
Tags odometer disclosure statements
Last Updated March 1, 2022