Printable Texas Odometer Statement Form

When dealing with the Texas Odometer Statement form, it is essential to understand its significance and proper usage. Here are some key takeaways:

• Mandatory Requirement: Both federal and state laws require the disclosure of a vehicle's mileage during ownership transfer. This step is crucial for legal compliance.
• Potential Consequences: Failing to complete the form accurately or providing false information can lead to serious penalties, including fines or even imprisonment.
• Incompatibility with Title Transfers: The Texas Odometer Statement cannot be used alongside title transfer documents that already fulfill odometer disclosure requirements, such as titles issued after April 29, 1990.
• Certification of Mileage: The seller or agent must certify that the odometer reading reflects the actual mileage, unless specific exceptions apply, such as mechanical limits or discrepancies.
• Buyer Acknowledgment: The buyer or their agent must acknowledge the odometer certification made by the seller. This step ensures that both parties are aware of the vehicle's mileage status.
• Legal Implications: According to the Texas Transportation Code, falsifying information on the Odometer Statement is classified as a third-degree felony, emphasizing the importance of honesty and accuracy.

Texas Odometer Statement - Usage Instruction

Filling out the Texas Odometer Statement form is a necessary step when transferring ownership of a vehicle. This process ensures that both the seller and buyer are aware of the vehicle's mileage and helps prevent fraudulent activities related to odometer readings. Below are the steps to complete the form accurately.

1. Obtain the Texas Odometer Statement form, known as VTR-40.
2. In the first section, write the name of the seller or agent in the designated area.
3. Fill in the vehicle description by providing the following details:
   • Year
   • Make
   • Body Style
   • Model
   • Vehicle Identification Number (VIN)
4. Enter the odometer reading in the space provided. Make sure to write the number without tenths.
5. Certify the odometer reading by signing your name in the appropriate area, and print your name below your signature.
6. If the vehicle is titled in a firm’s name, print the firm’s name on the line above your signature.
7. Provide your street address, city, state, and zip code in the specified fields.
8. Check one of the following statements if applicable:
   • The mileage stated is in excess of its mechanical limits.
   • The odometer reading is not the actual mileage.
9. Have the buyer or agent acknowledge the odometer disclosure by signing and printing their name in the designated area.
10. If the vehicle was purchased by a firm, ensure that the firm’s name is printed on the line above the buyer's signature.
11. Lastly, the buyer or agent should provide their street address, city, state, and zip code.