Form DMV 280. Your Odometer: The Key to Your Car's Value - Virginia

Form DMV 280. Your Odometer: The Key to Your Car's Value: The purpose of this brochure is to educate customers on the importance of accurate odometer readings. It should be given to customers when an odometer discrepancy has been detected. The brochure aims to inform vehicle owners and buyers about the significance of odometer readings in determining the value and history of a vehicle.

The parties involved in using this form are vehicle owners, buyers, sellers, car dealerships, the Virginia Department of Motor Vehicles, and relevant consumer protection agencies. The form sections consist of detailed explanations of the role of odometer readings in assessing a vehicle's condition, detecting potential fraud, and ensuring fair transactions.

Important fields in this form include information about odometer accuracy, federal laws and regulations concerning odometer tampering, and steps to take when an odometer discrepancy is identified. Accurate completion of the form is not applicable, as it is a brochure intended for information dissemination.

An example scenario where this form would be used is when a car dealership or individual seller detects an odometer discrepancy in a vehicle they are offering for sale. By providing Form DMV 280 to potential buyers, they can inform them about the importance of accurate odometer readings, disclose the discrepancy, and ensure transparency in the transaction. The benefits of using this form include building trust with customers, complying with consumer protection laws, and preventing potential legal issues related to odometer fraud.

No additional documents are required to use this form, as it is a brochure designed for information purposes. As for alternatives or related forms, there may be other resources or guidelines available from the Virginia Department of Motor Vehicles or consumer protection agencies regarding odometer accuracy and fair vehicle transactions.