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How to prepare Odometer Disclosure Colorado

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About Odometer Disclosure Colorado

Odometer Disclosure Colorado is a legal document that is required to be completed and signed by the seller of a motor vehicle in the state of Colorado. It is used to disclose the current mileage recorded on the vehicle's odometer to the buyer at the time of the sale. The Odometer Disclosure Colorado form is required by law for any vehicle that is 10 years old or less and has a weight of less than 16,000 pounds. This includes cars, trucks, motorcycles, and recreational vehicles. Sellers must provide an accurate odometer reading on the form and certify that the mileage is correct to the best of their knowledge. The purpose of the Odometer Disclosure Colorado form is to protect buyers from purchasing a vehicle with an odometer that has been fraudulently tampered with to show a lower mileage. It is also used by the state to track the mileage of vehicles and ensure that they meet emissions and safety standards. In summary, anyone selling a motor vehicle that is 10 years old or less and has a weight of less than 16,000 pounds in Colorado is required to complete the Odometer Disclosure Colorado form and provide an accurate odometer reading to the buyer. Failure to do so can result in legal consequences.

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Instructions and Help about Odometer Disclosure Colorado

Watching out for you every year, people buying used cars make mistakes that cost them thousands of dollars. News 5's Patrick Nelson shows us how to spot major fraud that's being used to trick car buyers. How many miles are really on that used car you're looking at buying? The answer can completely change the value of the car and its maintenance schedule. Unfortunately, dishonest sellers have found a way to roll back digital odometers costing car buyers thousands of dollars every year. CARFAX has studied the issue for decades and its data suggests more than 1.8 million vehicles on the road today have had their odometers rolled back. The tool being used by fraudsters is a legitimate repair tool to correct mileage on a car that requires instrument cluster repair but in the wrong hands it's making the crooks rich. 265 00 miles showing on the odometer and with push of a button, after I input the value in there, we could take it back. Uh, we're going to go now to about 85 00 miles this doesn't really leave any type of digital footprint. If I were to go back in here and take the chip off the circuit board and really break the circuit board on the instrument cluster, there'd be no way for me to even be able to verify it. If you think this isn't happening in our state or right here in southern Colorado, think again. CARFAX data estimates in Colorado there are almost 37 thousand vehicles on our roads with odometers that have been rolled back in the Colorado Springs and Pueblo areas alone. CARFAX estimates more than 5 600 vehicles have this issue. CARFAX also believes Colorado ranks 14th in the nation for these problems. A lot of us look for different things when we're shopping...