Quote:
Originally Posted by Rusty Davis
Also, at least in North and South Carolina (I think this is Federal) any vehicle over 100k miles is sold as TMU anyways. TMU means true mileage unknown. By law the seller must tell a customer this, but being as it's "supposed" to be common knowledge, they let them look at the nice, trustworthy Carfax reports and keep quiet because the vehicle has 101k miles on the clock. I dare say this law is "left over" from the days when vehicles only had 5-digit odometers. It's really rather ridiculous because if the vehicle really has 101k then the True Miles ARE known! This is a major reason a vehicle's value plummets when it hits the 100k mark.
~R
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I wholesaled cars and trucks in Arizona for about 20 years (retired for awhile now), but here, the mileage rating system for vehicle titles is a little bit different than what you describe. In AZ, When transferring title to a vehicle, the private owner or dealer certifies that mileage shown is Box 1, Box 2, or Box 3.
Box 1 is actual miles as shown on odo to best of knowledge.
Box 2 is over 100K to best of knowledge
Box 3 is TMU, true miles unknown
6 digit odometer vehicles with accurate mileage would therefore be titled as Box 1.
Box 2 designation is for 5 digit odos with over 100K, accurate mileage.
