Interpretation ID: aiam1037

Mr. W. A. Scott, Manger (sic), Tech. Service, Chrysler Leasing Corporation, P.O. Box 1057, Detroit, MI 48231; Mr. W. A. Scott
Manger (sic)
Tech. Service
Chrysler Leasing Corporation
P.O. Box 1057
Detroit
MI 48231;

Dear Mr. Scott: This will serve to confirm the advice given you by telephone on Marc 12, 1973, concerning the obligations of a leasing company under the Federal Odometer Requirements, 49 CFR Part 580.; The situation that concerns you is the transfer from the lessor to th lessee of a vehicle that has been wrecked or stolen while in the lessee's possession. In transfers of this type, the lessee often fails to tell the lessor the mileage on the vehicle, so that the mileage cannot be indicated on the disclosure form. It is our opinion that the lessor in this situation should leave the mileage blank and indicate that the true mileage is unknown.; Yours truly, Richard B. Dyson, Assistant Chief Counsel