248 Neb. Admin. Code, ch. 4, § 009

Current through September 17, 2024
Section 248-4-009 - VALUATION FOR BOND

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

009.02Other Methods.

The Department may, at its discretion, consider any other method or information.

248 Neb. Admin. Code, ch. 4, § 009