The Odometer Statement MVR 180 form is a crucial document required by both federal and state law during the transfer of vehicle ownership in North Carolina. This form mandates the seller to disclose the vehicle's mileage, ensuring transparency and preventing fraud. Failure to provide accurate information can lead to serious legal consequences, including fines and potential imprisonment.
The Odometer Statement MVR-180 form is a crucial document in the vehicle ownership transfer process in North Carolina, ensuring transparency regarding a vehicle's mileage. This form is required by both federal and state laws, mandating that sellers disclose the odometer reading at the time of sale. Accurate mileage reporting is essential; failure to provide this information or submitting a false statement can lead to significant penalties, including fines or imprisonment. The form captures essential details about the vehicle, such as its year, make, model, and vehicle identification number (VIN). Additionally, it includes a section where the seller certifies the odometer reading and confirms that it reflects the actual mileage unless otherwise noted. There are specific conditions under which the form may not apply, including vehicles over a certain weight, those that are not self-propelled, or vehicles that are older than ten years. These regulations help protect buyers from potential fraud while providing sellers with a clear framework to follow. Understanding the Odometer Statement MVR-180 form is vital for anyone involved in buying or selling a vehicle in North Carolina.
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MVR-180
(Rev. 12/20)
North Carolina Division of Motor Vehicles
ODOMETER DISCLOSURE STATEMENT
ALTERATIONS OR ERASURES VOID THIS FORM
Federal and State law require that you state the mileage upon transfer of ownership.
Failure to complete or providing a false statement may result in fines and/or imprisonment.
VEHICLE SECTION
YEAR
MAKE
BODY STYLE SERIES MODEL
VEHICLE IDENTIFICATION NUMBER
LAST PLATE NUMBER ON VEHICLE
DISCLOSURE SECTION
I, (seller’s printed name) _____________________________________________________________ state that
the odometer now reads (miles, no tenths) ______________ miles and to the best of my knowledge that it
reflects the actual mileage of the vehicle described above, unless one of the following statements is checked.
(1) I hereby certify that the odometer reading reflects the amount of mileage in excess of its mechanical limits.
(2) I hereby certify that the odometer reading is not the actual mileage. WARNING –ODOMETER
DISCREPANCY.
SELLER SECTION
SELLER’S SIGNATURE CERTIFYING ODOMETER READING
SELLER’S PRINTED NAME
SELLER’S ADDRESS
CITY
STATE
ZIP CODE
DATE OF
CERTIFICATION
BUYER SECTION
BUYER’S SIGNATURE ACKNOWLEDGING ODOMETER READING AS CERTIFIED
BUYER’S PRINTED NAME
BUYER’S ADDRESS
The provisions of this disclosure statement section shall not apply to the following transfers:
(1)A vehicle having a gross vehicle weight rating of more than 16,000 pounds.
(2)A vehicle that is not self-propelled.
(3)A vehicle that is 10 years old or older until December 31, 2020. As of January 1, 2021, all vehicles that are 20 years old or older starting with year model 2010.
(4)A new vehicle prior to its first transfer for purposes other than resale.
(5)A new vehicle sold directly by the manufacturer to any agency of the United States in conformity with contractual specifications.
When filling out and using the Odometer Statement MVR 180 form, there are several key points to consider: