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MI BDVR-108 2022-2024 free printable template

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Secretary of StateMICHIGAN DEPARTMENT OF STATE Jocelyn BensonODOMETER MILEAGE STATEMENTMichigan.gov/SOS(See reverse side for leased vehicles)Clear form Federal law and section 233a of the Michigan
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How to fill out michigan odometer statement 2022-2024

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How to fill out an odometer mileage statement:

01
Begin by entering the date of the mileage statement. This is important for record-keeping purposes.
02
Write down the starting mileage of the vehicle. This is usually indicated on the odometer.
03
Note the ending mileage of the vehicle. Again, this can be found on the odometer.
04
Calculate the total mileage by subtracting the starting mileage from the ending mileage.
05
Include any additional information required, such as the purpose of the trip or any maintenance performed on the vehicle.
06
Sign and date the statement to verify its accuracy.

Who needs an odometer mileage statement:

01
Car owners who want to keep track of their vehicle's mileage for personal or business purposes.
02
Fleet managers or companies that require mileage reports for reimbursement or tax purposes.
03
Individuals who are selling or transferring ownership of a vehicle and need to document the mileage at the time of sale.

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An odometer mileage statement is a document that certifies the accuracy of the odometer reading of a vehicle. It is used to provide proof of the vehicle's mileage at a certain point in time. It is typically used when a vehicle is sold, leased, or transferred to another owner. The statement will include the date, the odometer reading, the vehicle identification number, and the signature of the person certifying the accuracy of the odometer reading.
Anyone who is transferring the ownership of a motor vehicle with a model year of 10 years or newer is required to file an odometer mileage statement. This includes sellers, buyers, and lenders.
1. Start by filling in the odometer mileage statement with the current odometer reading. Include the date and time of the reading. 2. List the purpose of the reading. For example, if it is for a vehicle inspection, state the reason. 3. List the name of the person providing the odometer reading. 4. If the odometer is electronic, verify that the odometer settings are accurate. 5. Sign and date the odometer mileage statement.
The purpose of an odometer mileage statement is to certify the accurate mileage of a vehicle. This statement is typically used for the transfer of ownership of a vehicle, and is required by law in most states. It serves as a record of the mileage at the time of the transfer and protects both the buyer and seller from disputes related to the vehicle's true mileage.
A valid odometer mileage statement must include the following information: 1. Name and address of the seller and buyer. 2. Date of transfer. 3. Vehicle Identification Number (VIN). 4. Odometer reading at the time of transfer (if the odometer reading is not known, this must be indicated). 5. A certification that the odometer reading is the actual mileage or that the odometer reading is not the actual mileage due to the odometer being broken, altered, or disconnected. 6. Signature of the seller and buyer.
The deadline to file an odometer mileage statement in 2023 is typically December 31st of that year.
The penalty for the late filing of an odometer mileage statement varies by state. In some states, the penalty is a fine of up to $500, while in other states, the penalty may be the suspension of the vehicle’s registration or the revocation of the vehicle’s title.
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