All the documents for the purchase agreement on the '66 roadster I'm buying have "EXEMPT" under mileage. The car has had 3 owners(all previous registrations documented) and has 81,000 original miles and the odometer is functioning. Would it be best to tell them I need the documents done again showing the actual miles, or possibly ask for an affidavit from the previous owner. I see on the instructions for the forms(Washington)that"EXEMPT" may be entered if the vehicle is more than 10yrs old. As the car is presented as having original miles, I would prefer to have 81,000 entered as "actual mileage" on the sales contract as well as the DMV forms rather than. Has anyone had experience with this aspect of a purchase?
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Re: "EXEMPT" ODOMETER READING
I would have them re-do the paper work. I understand about the "Exempt", but in this case you know that the miles are actual. Make them put 81,000 ACTUAL miles. (The seller is stating that its original miles) Keep the paper work correct for you and the next owner(s). -
Re: "EXEMPT" ODOMETER READING
As long as the "seller" signed of on the actual milage, I see no problem. Just don't declare 81,000 yourself if you don't know it to be true. There are more than a few living off the federal tax roles that have done this in error and got caught.Comment
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Re: "EXEMPT" ODOMETER READING
Most ALL dealers today sell ALL cars over 10 model years old as "mileage exempt" as the Federal mileage statement requirement only requires a mileage statement for cars less than 10 years of age and newer. This includes cars older than 10 years old for which they DO have a signed incoming mileage certificat.
For a dealer to sell a car as "actual miles" he MUST have an incoming mileage statement signed by the previous owner from whom they purchased the car certifying the mileage to be "actual". If he does not not have this signed document he MUST sell the car as "mileage exempt" or "mileage unknown". That's the law! There is nothing but "potential" trouble selling/certifying actual miles when you have no documentation to support your claim or to "go back" upon the previous owner if there is trouble or a question as to the mileage authenticity.
The title registration department in many states will no longer list actual mileage on titles for cars over 10 years of age even IF have a signed mileage statement as they "try" to mirror the federal law. Less paperwork for them! After all, this is an old car so who cares????
When ever you purchase a car from a seller and want to confirm the miles as actual, have the seller sign a mileage certificate stating the miles as actual. That way YOU can also sell the car as "actual miles" when you sell the car since you have the incoming documentation to support your claim. You should be able to get one from any local car dealer if you ask.Comment
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