| Buying or selling a vehicle privately is
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| | occurred.
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| something that many people will do at
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| | The easiest way to record the odometer
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| least once in their lives. Most people
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| | reading at the time of sale is to use an
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| understand the need to complete an auto
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| | auto bill of sale. Without one, the
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| bill of sale when buying a vehicle, it is
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| | original owner, even though they may know
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| also also necessary to protect yourself
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| | what the odometer reading was at the time
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| when you are selling your car privately.
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| | of sale, will have a difficult time
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| The term odometer fraud refers to the
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| | proving that was the case.
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| practice of rolling back the odometer so
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| | It is highly recommended that anyone
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| that the vehicle appears to have covered
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| | offering their car for sale privately
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| fewer miles than it truly has. This is
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| | should utilize an auto bill of sale form
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| done to obtain a higher price for the
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| | with the following details. It must have
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| vehicle on resale. It is estimated that
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| | both names of the buyer and seller. It
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| over half a million automobiles are sold
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| | must have the year, make and model of the
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| each year in the US with odometer
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| | vehicle being sold. It must include the
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| readings that are falsified.
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| | price at which the vehicle was sold. It
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| An all too common scenario is as follows.
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| | needs to state the odometer reading and
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| A vehicle is purchased privately and an
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| | the VIN. Lastly it should be dated and
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| auto bill of sale form is not used. The
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| | signed by both parties.
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| new owner rolls back the odometer and
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| | In order to avoid any problems and to
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| then re-sells the car for a higher price
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| | protect yourself from becoming involved
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| than they bought it for. At a later time
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| | in odometer fraud, always complete a bill
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| the fraud is discovered and all previous
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| | of sale form when you plan to sell your
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| owners of the vehicle are questioned to
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| | vehicle privately.
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| discover at what point the crime
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