Nebraska Administrative Code
Topic - MOTOR VEHICLES, DEPARTMENT OF
Title 248 - NEBRASKA DEPARTMENT OF MOTOR VEHICLES
Chapter 4 - RULES AND REGULATIONS GOVERNING BONDED TITLES FOR VEHICLES, NEB. REV. STAT. SECTION 60-167
Section 248-4-009 - VALUATION FOR BOND
Universal Citation: 248 NE Admin Rules and Regs ch 4 ยง 009
Current through September 17, 2024
The Department will use the following methods to determine the value of the vehicle for purposes of calculating the amount of bond. If the methods do not agree on the value of the vehicle, the value will be the highest of the determined values. The bond will be issued for one and one half times the value.
009.01
N.A.D.A. Official Used Car Guide; N.A.D.A. Motorcycle/Snowmobile, ATV, Personal Watercraft Appraisal Guide; Kelley Blue Book; Auto Site; Intellichoice or other reputable new or used vehicle pricing guide; and/or
009.02 Other Methods.
The Department may, at its discretion, consider any other method or information.
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