Who must adhere to the Truth in Mileage Act?

Who must adhere to the Truth in Mileage Act?

• A. Only motor vehicle dealers
• B. Consumers buying used vehicles
• C. All the above parties involved
• D. Only licensed salespersons

Answer: (C)

The Truth in Mileage Act requires all parties involved in the transaction of a motor vehicle to adhere to its provisions. This includes motor vehicle dealers, licensed salespersons, and consumers purchasing used vehicles. The law aims to protect consumers from odometer fraud by ensuring that accurate mileage readings are disclosed at the time of sale. Motor vehicle dealers and licensed salespersons have an obligation to provide accurate mileage information and not misrepresent the mileage of the vehicles they sell. On the other hand, consumers also have a responsibility to verify the mileage before completing a purchase. Since the act aims to create transparency and integrity in transactions involving used vehicles, it is essential that all these parties comply with its regulations to ensure fair dealings.

The Truth in Mileage Act requires all parties involved in the transaction of a motor vehicle to adhere to its provisions. This includes motor vehicle dealers, licensed salespersons, and consumers purchasing used vehicles. The law aims to protect consumers from odometer fraud by ensuring that accurate mileage readings are disclosed at the time of sale.

Motor vehicle dealers and licensed salespersons have an obligation to provide accurate mileage information and not misrepresent the mileage of the vehicles they sell. On the other hand, consumers also have a responsibility to verify the mileage before completing a purchase. Since the act aims to create transparency and integrity in transactions involving used vehicles, it is essential that all these parties comply with its regulations to ensure fair dealings.