What does “exempt status” mean for vehicles?
A vehicle labeled as “exempt” typically indicates that it’s over 10 years old, and its mileage might not be reliable. This designation aligns with the Federal Odometer Act, wherein most states have legislated that cars aged 10 years or more are exempt from the mandate to report mileage at the point of sale.
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Updated: December 19, 2024, 2:31 PM
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