{"data":{"id":"us-nv/nrs-487.730","jurisdiction":"us-nv","citation":"NRS 487.730","heading":"“Fair market value” defined.","body":"“Fair market value” means the retail value of a motor vehicle that is established by:\n1. An objective motor vehicle appraisal based upon local market resources, including, without limitation, automobile dealers and classified advertisements of newspapers;\n2. An independent appraisal service;\n3. A current issue of a nationally recognized guide used by financial institutions in this State for the valuation of used motor vehicles; or\n4. A computer-based service commonly used by the insurance industry for the valuation of used motor vehicles.","path":["TITLE 43 — PUBLIC SAFETY; VEHICLES; WATERCRAFT","CHAPTER 487 - REPAIR, REMOVAL AND DISPOSAL OF VEHICLES","REPAIRS; REBUILT VEHICLES; SALVAGE VEHICLES; TOTAL LOSS VEHICLES; NONREPAIRABLE VEHICLES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-487.html#NRS487Sec730","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:42Z","sha256":"62044da5009e9b15399058fad87d0adf361a3ae95a96d4df4eb1c7c2903d13ac","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-487.725","next":"us-nv/nrs-487.740"},"notice":"GroundRules: Original legal text. Not legal advice."}