The Nevada Assembly yesterday passed S.B. 360, a bill that would allow people other than auto wreckers, dealers or rebuilders to purchase salvage vehicles. The bill also would increase the time insurers are given to obtain salvage titles.
The bill will now be considered by the Senate for a second time after revisions by the Assembly.
Specifically, the bill:
• Authorizes a person other than an auto wrecker, dealer of new or used motor vehicles or rebuilder to obtain an identifying card for a fee and bid to purchase a vehicle other than a nonrepairable vehicle from the operator of a salvage pool;
• Prohibits a person who obtains a card from purchasing more than three vehicles from the operator of a salvage pool in any calendar year; and
• Increases the period in which an insurance company must submit an application for a salvage title or nonrepairable vehicle certificate for a salvage vehicle from 60 days to 180 days.
The Automotive Service Association (ASA) opposes this bill because it says it’s anti-consumer and not in the best interests of the collision repair industry.
“If it becomes law, the price of a salvage vehicle could increase, pushing more vehicles into the salvage pool, thus fewer repairs,” Bob Redding, ASA’s Washington, D.C., representative, said of S.B. 360. “If passed, we will see more vehicles taken out of the marketplace, which is not good for collision repairers.”
Redding added that the bill would increase the risks of vehicles not fit to drive being placed on the road.
“Generally, our state inspection laws are not sufficient to protect the motoring public from these types of transactions,” Redding said.
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Click HERE for information about the bill from the Nevada legislature.
