What is one of the purposes of the Used Vehicle Information Package (UVIP)?

The Used Vehicle Information Package (UVIP) serves several important functions related to the sale and purchase of used vehicles. One of its primary purposes is to provide vital information about the vehicle's history, including odometer readings, which help establish the mileage that the vehicle has been driven. This information is crucial for potential buyers as it can signal issues related to wear and tear, and helps assess the vehicle's overall condition.

Additionally, the UVIP includes transfer documents necessary for the legal transfer of ownership. Having this paperwork readily available ensures that both the seller and the buyer can complete the transaction transparently and according to regulatory requirements. By offering these critical insights into a vehicle's history and facilitating ownership transfer, the UVIP plays a key role in promoting fair and informed transactions in the used vehicle market.