What does the term "mileage" refer to in the context of the Truth In Mileage Act?

In the context of the Truth In Mileage Act, the term "mileage" specifically refers to the actual distance the vehicle has been driven. This law is designed to combat odometer fraud by ensuring that buyers are accurately informed about the mileage on a vehicle when it changes hands. By providing a clear picture of how far the vehicle has been used, this information can significantly influence a buyer's decision regarding the vehicle's value and its potential future maintenance needs.

The focus on actual distance rather than estimates or operational costs highlights the importance of clear and truthful disclosures in vehicle sales. Misrepresenting the mileage can lead to consumer deception, impacting the integrity of the vehicle market. Therefore, under this legislation, it is crucial that sellers disclose the correct mileage as recorded by the vehicle’s odometer to protect the interests of the buyer and maintain a fair marketplace.