How to fill out MVT 5-5 Odometer Disclosure Statement (Alabama)

What this form is

MVT 5-5 Odometer Disclosure Statement is Alabama's odometer disclosure statement. Federal law requires the seller to state the vehicle's mileage in writing when ownership transfers, and Alabama publishes its own form for it.

Alabama's odometer disclosure statement, filled from the deal. Seller and buyer sign. Prints EXEMPT for exempt vehicles.

When a dealer uses it

Whenever you sell a vehicle that is not exempt from odometer disclosure, the seller and buyer both sign. DMS Apex prints EXEMPT for vehicles that are exempt.

Information you need before you start

• The vehicle's VIN, year, make, model and body type
• The odometer reading at the time of sale
• The buyer's full legal name and address, and any co-buyer
• Your dealership's name, address and dealer license number
• The sale date and price
• The lien holder's name and address, if the buyer is financing
• Trade-in details, if there is a trade-in
• The previous title number and state

How to fill it out with DMS Apex

1. Add the car to Inventory with its VIN, mileage and title details.
2. Start the sale in Sales and enter the buyer, price, fees, trade-in and lien holder.
3. Open the deal's documents page and tick MVT 5-5 Odometer Disclosure Statement.
4. Preview it. DMS Apex shows the state's own form with your deal's information filled in.
5. Print it, review it, and have the right people sign in ink.

Common mistakes to avoid

• Writing the odometer reading differently on two documents.
• Leaving out a co-buyer's signature or information.
• Using an old version of the form. Always use the state's current published version.
• Strike-throughs or corrections on a form that does not allow them. Reprint instead.
• Forgetting the lien holder's name and address on a financed deal.

Alabama tax and fees at a glance

DMS Apex fills Alabama's published form and is not affiliated with or endorsed by the Alabama Department of Revenue. Always check current requirements with the state.