Legal Reminder: Federal Odometer Disclosure Changes Took Effect January 1st     The National Highway Traffic Safety Administration (NHTSA) amended its odometer disclosure requirements under the Truth in Mileage Act effective January 1, 2021.  Prior to January 1, 2021, a vehicle that was 10 years old or newer needed to have its mileage recorded at the time of titling.  Starting January 1, 2021, odometer disclosure will be required for 20 years for all 2011 model year and later vehicles. Failure to properly record the milage will result in the title getting branded as "Not Actual Mileage" by the IL SOS.  NHTSA's new rule will not apply retroactively to 2010 model year and older vehicles that became exempt from disclosure requirements before January 1, 2021 and will phase in one year at a time for 2011 and later model years.    The following chart shows when vehicles become exempt from the odometer disclosure requirement:   Model Year              Date Vehicle Becomes                  Length of Exemption                  2009                           1/1/2019                                                         10 years 2010                           1/1/2020                                                         10 years 2011                           1/1/2031                                                         20 years 2012                           1/1/2032                                                         20 years 2013                           1/1/2033                                                         20 years 2014                           1/1/2034                                                         20 years 2015                           1/1/2035                                                         20 years 2016                           1/1/2036                                                         20 years 2017                           1/1/2037                                                         20 years 2018                           1/1/2038                                                         20 years 2019                           1/1/2039                                                         20 years 2020                           1/1/2040                                                         20 years     The universe of vehicles that are subject to mileage disclosure has expanded, but the permissible methods for mileage disclosure HAVE NOT CHANGED.  You may continue to disclose mileage for covered vehicles in any of the following ways: Disclose mileage on the Certificate of Title; Disclose milage on the Secure Power of Attorney (Red and White); or Disclose mileage on an Odometer Disclosure Form.   Also starting with transfers made on or after January 1, 2021, dealers will be required to retain odometer disclosure records for 5 years after the date of transfer.  A link to NHTSA's new rules can be found here.     Some Enhancements IADA Is Working On     An initiative to change the 30 day drive away permit to a 90 day permit. Create a new "dealer title" for $20, instead of the current $151 title - when a title is full. IADA-CVR will be integrating the new ATC partnership directly into your CVR platform, making it much easier to process all of your out-of-state title & registration transactions. We thank you for your support and will never take your partnership for granted!