Colorado Car Sales Practice Test

What is required from a person transferring ownership of a motor vehicle regarding odometer mileage?

1. A verbal statement of the mileage

2. Disclosure of cumulative mileage in writing

3. Copy of the original odometer readings

4. No mileage disclosure needed

The correct answer is: Disclosure of cumulative mileage in writing

When transferring ownership of a motor vehicle, the law mandates that the seller must provide a written disclosure of the odometer mileage. This requirement ensures transparency and helps protect buyers from potential fraud or misrepresentation concerning the vehicle's true condition and usage. By documenting the cumulative mileage in writing, it offers a legally binding record that can be referred to later, which is crucial for assessing the vehicle's value and history. This written disclosure is typically part of the title transfer process or a separate form that must be signed by both the buyer and the seller. Without this written statement, there can be confusion or disputes regarding the mileage, which is why it is a necessary step in the transaction. Verbal statements do not provide the same legal security, and records of original odometer readings may not be readily available or necessary if the vehicle has changed hands multiple times. Additionally, states have specific regulations regarding mileage disclosure, and omitting it can lead to legal repercussions. Therefore, the requirement for a written odometer disclosure is a critical aspect of the vehicle ownership transfer process.