What form is commonly used to disclose mileage?

Study for the DMV Used Car Dealership Test. Prepare with flashcards and multiple choice questions. Each question includes hints and explanations. Get ready to ace your exam!

The Odometer Disclosure Statement (ODS) is the correct form used to disclose mileage when a vehicle is sold. This form is crucial because it provides legal documentation of the vehicle's mileage at the time of sale, protecting both the buyer and seller from potential disputes related to odometer fraud. Federal law requires that the seller accurately disclose the odometer reading, and the ODS is specifically designed for this purpose.

The Vehicle/Vessel Transfer and Reassignment Form (REG 262) does serve many functions related to the transfer of vehicle ownership, but it primarily focuses on vehicle registration rather than specifically detailing mileage. The Title Transfer Form is typically used to transfer ownership but does not necessarily include specific provisions for odometer disclosure. Similarly, while the Vehicle Sale Agreement may include details of the sale, it is not specifically standardized for mileage disclosure as is the ODS.

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