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Legislative News

Jan17

Federal Odometer Disclosure Regulation Change

Category: Legislative News

Federal Odometer Disclosure Regulation Change

The final rule amends 49 CFR 580.17. This means that a transferor or lessee must disclose odometer mileage for an expanded number of years for vehicles required to disclose milage upon the transfer of ownership. This extends beyond the previous exemption for vehicles with a model year of ten years to twenty years.