What do you need to know about a notarized odometer statement?

When you're buying a car, there are a lot of things to think about: the price tag, the miles on the odometer, and whether or not it even runs. You may have gotten so caught up in those details that you forgot to look at the paperwork too closely. 

It's important that you make sure all your paperwork is filled out correctly when buying a car — especially if it's used!

What is the notarized odometer statement?

You've found a great deal on a used car, and you just need to sign the paperwork before you drive off with your new vehicle.

 But what's this? You see the odometer statement on the back of the title—and there's no notary on it! 

What does that mean? The signatures on an odometer statement are supposed to be notarized for legal purposes. So, if someone ever questions whether the odometer reading is accurate, they can show the notarized odometer statement. 

Check for the presence of this document

Before you're done, the seller will hand you some paperwork to fill out — but don't take it for granted!

If you're buying a car and want to save money on your next vehicle purchase, find out what exactly an odometer statement is so that you can make sure yours is notarized.

An odometer statement is a signed document that affirmatively states to the buyer that all mileage recorded on the vehicle's odometer has been obtained legally a

nd accurately. It helps you overcome issues like no odometer reading on title.

What does this mean? Suppose your vehicle has been in an accident or had bodywork performed since its last major service (oil change). Then there could be discrepancies between what is stated on this document and what was actually repaired or replaced due to damage from said accident or body work.

If the odometer statement isn't filled out correctly, you could end up paying the whole bill of repairs.

Odometer statements are required when selling a car. They have to be filled out by an authorized person, like a DMV employee or a notary public. If you're buying a car and the odometer statement is unsigned or incorrectly filled out, you could end up paying the whole bill of repairs.

Odometer statements are very important because they let buyers know that the seller has declared that their vehicle's mileage is accurate at the time of sale. 

The statement also lets buyers know if any major work was done on the car after it rolled off of its last assembly line. It also shows what mileage was put on while in use by previous owners and dealerships (if applicable).

Contact Allen Stewart to overcome issues like no odometer reading on title 

Andrew Richardson is the author of this Article. To know more about No odometer reading on title please visit our website: allenstewart.com