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5 Cards in this Set

  • Front
  • Back
1. An "A" after the odometer reading on a title indicates what?
2. An "E? after the odometer reading on a title means what?
1. Actual Miles Driven
2. Mileage in excess of the odometers mechanical limits
The "Truth In Mileage Act":
1. The term "mileage" means what?
2. Requires that both the buyer and seller must sign and print their name to the Odometer Statement
1. Actual distance the vehicle has been driven
2. TRUE
(T/F)
1. The customer must recieve a copy of teh Odometer Statement
2. An "N" after the odometer reading on the title means the odometer reading is not actual
1. T
2. T
In connection with the transfer of ownership of a leased motor vehicle, the Truth in Mileage Act requires the lessor to provide teh lessee with a written statement regarding the mileage of the vehicle. Some of the info required in the statement is:
1. The name of the person amkingthe disclosure and the current odometer reading
2. The date of the statement and lessee's and lessor's name and current address
3. The identity of the vehicle including the make, model, year, bdy type and VIN#
Under Fed law the customer must receive a copy of the odometer disclosure statement. This can be furnished:
By giving a copy:
1. Of the secure reassignment and/or power of attorney if the title is not avail.
2. Of the conforming Title