How long must odometer disclosure records be kept?

The requirement for odometer disclosure records to be kept for five years is based on federal regulations aimed at preventing odometer fraud in vehicle sales. This period ensures that adequate documentation exists to verify the mileage of the vehicle at the time of sale, making it easier for authorities and prospective buyers to confirm that the odometer reading represents the true mileage of the vehicle. Keeping records for five years provides a reasonable balance between the need for consumer protection and the administrative burden on dealerships. It allows enough time for potential disputes over odometer readings to be addressed, contributing to the integrity of the used car market.

As for the other time periods, they do not align with these regulations, as shorter retention times might fail to provide necessary documentation for verifying odometer readings, thus undermining the protections intended by the disclosure requirements.