3 Tips for Vehicle Titles with Faulty Odometer Readings

Where does the mistake start?

1) The DMV can make a mistake

2) The dealer or debtor could make a mistake at time of registration

3) Someone read it differently.

4) Confusion between VIN and odometer statements

Often times, as with VIN inspection, Collection Managers need a police inspection of the VIN or odometer which can be accomplished by a phone call to local or state law enforcement. However, some states require it to be on a prescribed form.

1. It is always best to put it on a state form. Some states will allow out of state law enforcement to correct. If the odometer error was left for some time, the state will often require previous work orders showing progression of the odometer reading. In most cases, the state will require a notarized affidavit explaining events that led to odometer discrepancy.
2. In cases where odometer is sig too low and must be corrected. DMVs are much more lenient and typically only require an affidavit.
3. Another problem occurs when someone inadvertently marks one of the check boxes for mileage “exceeding mechanical limits” or “mileage is not actual”. It is extremely difficult to remove one of these brands from a title once the title is printed. Called a branded title. Even after correct them through DMV still have to deal with carfax to get that corrected so to not lower the value of your vehicle.