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, where the bill was introduced, 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. “If passed, we will
see more vehicles taken out of the marketplace, which is not good for
Redding added that the bill would increase the risk of vehicles not fit to drive being placed on the road.
our state inspection laws are not sufficient to protect the motoring
public from these types of transactions,” Redding said.
For more information, visit www.TakingTheHill.com and click “view current alerts.”
Click HERE for information about the bill from the Nevada legislature.