Are vehicles over 10 years old exempt from mileage disclosure?

Vehicles that are over 10 years old are indeed exempt from mileage disclosure requirements. This exemption is in place because, as vehicles age, the reliability of the odometer reading may diminish, and mileage may not be as relevant to the vehicle's value or condition. The regulation allows for a simplified process in the sale of older vehicles since these factors can vary greatly and potential buyers may prioritize different aspects, such as overall condition or service history, rather than just mileage.

While it is important for buyers to still inquire about the condition of older vehicles, the law does recognize that record-keeping for vehicles over 10 years may not always reflect their true value or usage. Other choices might suggest that there are conditions or exceptions to this rule, but the standard policy across the majority of regions is that vehicles over a decade old do not require mileage disclosure.