{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/46.2-1600.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/46.2-1600.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/46.2-1600.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/46.2-1600.html"}],"law_id":58576,"edition_id":1,"section_id":58576,"structure_id":13677,"section_number":"46.2-1600","catch_line":"Definitions","history":"1979, c. 401, \u00a7 46.1-550.6; 1988, cc. 842, 865; 1989, c. 727; 1992, c. 148; 1993, c. 376; 2000, cc. 123, 235, 257; 2003, c. 304; 2009, c. 664; 2012, cc. 64, 280; 2015, cc. 33, 177; 2017, c. 277, 342, 362.","full_text":"The following words, terms, and phrases when used in this chapter shall have the meaning ascribed to them in this section, except where the context indicates otherwise:\n\t\t“Actual cash value,” as applied to a vehicle, means the retail cash value of the vehicle prior to damage as determined, using recognized evaluation sources, either (i) by an insurance company responsible for paying a claim or (ii) if no insurance company is responsible therefor, by the Department.\n\t\t“Auto recycler” means any person licensed by the Commonwealth to engage in business as a salvage dealer, rebuilder, demolisher, or scrap metal processor.\n\t\t“Current salvage value,” as applied to a vehicle, means (i) the salvage value of the vehicle, as determined by the insurer responsible for paying the claim, or (ii) if no insurance company is responsible therefor, 25 percent of the actual cash value.\n\t\t“Demolisher” means any person whose business is to crush, flatten, bale, shred, log, or otherwise reduce a vehicle to a state where it can no longer be considered a vehicle.\n\t\t“Diminished value compensation” means the amount of compensation that an insurance company pays to a third party vehicle owner, in addition to the cost of repairs, for the reduced value of a vehicle due to damage.\n\t\t“Independent appraisal firm” means any business providing cost estimates for the repair of damaged motor vehicles for insurance purposes and having all required business licenses and zoning approvals. This term shall not include insurance companies that provide the same service, nor shall any such entity be a rebuilder or affiliated with a rebuilder.\n\t\t“Late model vehicle” means the current-year model of a vehicle and the five preceding model years, or any vehicle whose actual cash value is determined to have been at least $10,000 prior to being damaged.\n\t\t“Licensee” means any person who is licensed or is required to be licensed under this chapter.\n\t\t“Major component” means any one of the following subassemblies of a motor vehicle: (i) front clip assembly, consisting of the fenders, grille, hood, bumper, and related parts; (ii) engine; (iii) transmission; (iv) rear clip assembly, consisting of the quarter panels, floor panels, trunk lid, bumper, and related parts; (v) frame; (vi) air bags; and (vii) any door that displays a vehicle identification number.\n\t\t“Nonrepairable certificate” means a document of ownership issued by the Department for any nonrepairable vehicle upon surrender or cancellation of the vehicle’s title and registration or salvage certificate.\n\t\t“Nonrepairable vehicle” means any vehicle that has been determined by its insurer or owner to have no value except for use as parts and scrap metal or for which a nonrepairable certificate has been issued or applied for.\n\t\t“Rebuilder” means any person who acquires and repairs, for use on the public highways, two or more salvage vehicles within a 12-month period.\n\t\t“Rebuilt vehicle” means (i) any salvage vehicle that has been repaired for use on the public highways or (ii) any late model vehicle that has been repaired and the estimated cost of repair exceeded 75 percent of its actual cash value, excluding the cost to repair damage to the engine, transmission, or drive axle assembly.\n\t\t“Repairable vehicle” means a late model vehicle that is not a rebuilt vehicle, but is repaired to its pre-loss condition by an insurance company and is not accepted by the owner of said vehicle immediately prior to its acquisition by said insurance company as part of the claims process.\n\t\t“Salvage certificate” means a document of ownership issued by the Department for any salvage vehicle upon surrender or cancellation of the vehicle’s title and registration.\n\t\t“Salvage dealer” means any person who acquires any vehicle for the purpose of reselling any parts thereof or who acquires and sells any salvage vehicle as a unit except as permitted by subdivision B 2 of \u00a7 46.2-1602.\n\t\t“Salvage pool” means any person providing a storage service for salvage vehicles or nonrepairable vehicles who either displays the vehicles for resale or solicits bids for the sale of salvage vehicles or nonrepairable vehicles, but this definition shall not apply to an insurance company that stores and displays fewer than 100 salvage vehicles and nonrepairable vehicles in one location; however, any two or more insurance companies who display salvage and nonrepairable vehicles for resale, using the same facilities, shall be considered a salvage pool.\n\t\t“Salvage vehicle” means (i) any late model vehicle that has been (a) acquired by an insurance company as a part of the claims process other than a stolen vehicle or (b) damaged as a result of collision, fire, flood, accident, trespass, or any other occurrence to such an extent that its estimated cost of repair, excluding charges for towing, storage, and temporary replacement\/rental vehicle or payment for diminished value compensation, would exceed its actual cash value less its current salvage value; (ii) any recovered stolen vehicle acquired by an insurance company as a part of the claims process, whose estimated cost of repair exceeds 75 percent of its actual cash value; or (iii) any other vehicle that is determined to be a salvage vehicle by its owner or an insurance company by applying for a salvage certificate for the vehicle, provided that such vehicle is not a nonrepairable vehicle.\n\t\t“Scrap metal processor” means any person who acquires one or more whole vehicles to process into scrap for remelting purposes who, from a fixed location, utilizes machinery and equipment for processing and manufacturing ferrous and nonferrous metallic scrap into prepared grades, and whose principal product is metallic scrap.\n\t\t“Vehicle” shall have the meaning ascribed to it in \u00a7 46.2-100. A vehicle that has been demolished or declared to be nonrepairable pursuant to this chapter shall no longer be considered a vehicle. For the purposes of this chapter, a major component shall not be considered a vehicle.\n\t\t“Vehicle removal operator” means any person who acquires a vehicle for the purpose of reselling it to a demolisher, scrap metal processor, or salvage dealer.","order_by":null,"text":{"0":{"id":214670,"text":"The following words, terms, and phrases when used in this chapter shall have the meaning ascribed to them in this section, except where the context indicates otherwise:\n\t\t“Actual cash value,” as applied to a vehicle, means the retail cash value of the vehicle prior to damage as determined, using recognized evaluation sources, either (i) by an insurance company responsible for paying a claim or (ii) if no insurance company is responsible therefor, by the Department.\n\t\t“Auto recycler” means any person licensed by the Commonwealth to engage in business as a salvage dealer, rebuilder, demolisher, or scrap metal processor.\n\t\t“Current salvage value,” as applied to a vehicle, means (i) the salvage value of the vehicle, as determined by the insurer responsible for paying the claim, or (ii) if no insurance company is responsible therefor, 25 percent of the actual cash value.\n\t\t“Demolisher” means any person whose business is to crush, flatten, bale, shred, log, or otherwise reduce a vehicle to a state where it can no longer be considered a vehicle.\n\t\t“Diminished value compensation” means the amount of compensation that an insurance company pays to a third party vehicle owner, in addition to the cost of repairs, for the reduced value of a vehicle due to damage.\n\t\t“Independent appraisal firm” means any business providing cost estimates for the repair of damaged motor vehicles for insurance purposes and having all required business licenses and zoning approvals. This term shall not include insurance companies that provide the same service, nor shall any such entity be a rebuilder or affiliated with a rebuilder.\n\t\t“Late model vehicle” means the current-year model of a vehicle and the five preceding model years, or any vehicle whose actual cash value is determined to have been at least $10,000 prior to being damaged.\n\t\t“Licensee” means any person who is licensed or is required to be licensed under this chapter.\n\t\t“Major component” means any one of the following subassemblies of a motor vehicle: (i) front clip assembly, consisting of the fenders, grille, hood, bumper, and related parts; (ii) engine; (iii) transmission; (iv) rear clip assembly, consisting of the quarter panels, floor panels, trunk lid, bumper, and related parts; (v) frame; (vi) air bags; and (vii) any door that displays a vehicle identification number.\n\t\t“Nonrepairable certificate” means a document of ownership issued by the Department for any nonrepairable vehicle upon surrender or cancellation of the vehicle’s title and registration or salvage certificate.\n\t\t“Nonrepairable vehicle” means any vehicle that has been determined by its insurer or owner to have no value except for use as parts and scrap metal or for which a nonrepairable certificate has been issued or applied for.\n\t\t“Rebuilder” means any person who acquires and repairs, for use on the public highways, two or more salvage vehicles within a 12-month period.\n\t\t“Rebuilt vehicle” means (i) any salvage vehicle that has been repaired for use on the public highways or (ii) any late model vehicle that has been repaired and the estimated cost of repair exceeded 75 percent of its actual cash value, excluding the cost to repair damage to the engine, transmission, or drive axle assembly.\n\t\t“Repairable vehicle” means a late model vehicle that is not a rebuilt vehicle, but is repaired to its pre-loss condition by an insurance company and is not accepted by the owner of said vehicle immediately prior to its acquisition by said insurance company as part of the claims process.\n\t\t“Salvage certificate” means a document of ownership issued by the Department for any salvage vehicle upon surrender or cancellation of the vehicle’s title and registration.\n\t\t“Salvage dealer” means any person who acquires any vehicle for the purpose of reselling any parts thereof or who acquires and sells any salvage vehicle as a unit except as permitted by subdivision B 2 of \u00a7 46.2-1602.\n\t\t“Salvage pool” means any person providing a storage service for salvage vehicles or nonrepairable vehicles who either displays the vehicles for resale or solicits bids for the sale of salvage vehicles or nonrepairable vehicles, but this definition shall not apply to an insurance company that stores and displays fewer than 100 salvage vehicles and nonrepairable vehicles in one location; however, any two or more insurance companies who display salvage and nonrepairable vehicles for resale, using the same facilities, shall be considered a salvage pool.\n\t\t“Salvage vehicle” means (i) any late model vehicle that has been (a) acquired by an insurance company as a part of the claims process other than a stolen vehicle or (b) damaged as a result of collision, fire, flood, accident, trespass, or any other occurrence to such an extent that its estimated cost of repair, excluding charges for towing, storage, and temporary replacement\/rental vehicle or payment for diminished value compensation, would exceed its actual cash value less its current salvage value; (ii) any recovered stolen vehicle acquired by an insurance company as a part of the claims process, whose estimated cost of repair exceeds 75 percent of its actual cash value; or (iii) any other vehicle that is determined to be a salvage vehicle by its owner or an insurance company by applying for a salvage certificate for the vehicle, provided that such vehicle is not a nonrepairable vehicle.\n\t\t“Scrap metal processor” means any person who acquires one or more whole vehicles to process into scrap for remelting purposes who, from a fixed location, utilizes machinery and equipment for processing and manufacturing ferrous and nonferrous metallic scrap into prepared grades, and whose principal product is metallic scrap.\n\t\t“Vehicle” shall have the meaning ascribed to it in \u00a7 46.2-100. A vehicle that has been demolished or declared to be nonrepairable pursuant to this chapter shall no longer be considered a vehicle. For the purposes of this chapter, a major component shall not be considered a vehicle.\n\t\t“Vehicle removal operator” means any person who acquires a vehicle for the purpose of reselling it to a demolisher, scrap metal processor, or salvage dealer.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13677,"edition_id":1,"name":"Salvage, Nonrepairable, and Rebuilt Vehicles","identifier":"16","label":"chapter","depth":3,"order_by":1,"parent_id":13355,"metadata":{},"date_created":"2026-06-26 03:45:32","date_modified":"2026-06-26 03:45:32","permalink":{"id":231781,"object_type":"structure","relational_id":13677,"identifier":"16","token":"46.2\/IV\/16","url":"\/46.2\/IV\/16\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13355,"edition_id":1,"name":"Dealers and Driver Training Schools","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12770,"metadata":{},"date_created":"2026-06-26 03:44:42","date_modified":"2026-06-26 03:44:42","permalink":{"id":231065,"object_type":"structure","relational_id":13355,"identifier":"IV","token":"46.2\/IV","url":"\/46.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12770,"edition_id":1,"name":"Motor Vehicles","identifier":"46.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":225289,"object_type":"structure","relational_id":12770,"identifier":"46.2","token":"46.2","url":"\/46.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":58576,"structure_id":13677,"section_number":"46.2-1600","catch_line":"Definitions","url":"\/46.2-1600\/","token":"46.2\/IV\/16\/46.2-1600","metadata":false},{"id":58776,"structure_id":13677,"section_number":"46.2-1601","catch_line":"Licensing of dealers of salvage vehicles; fees","url":"\/46.2-1601\/","token":"46.2\/IV\/16\/46.2-1601","metadata":false},{"id":68846,"structure_id":13677,"section_number":"46.2-1601.1","catch_line":"Advertising and display of license; business hours","url":"\/46.2-1601.1\/","token":"46.2\/IV\/16\/46.2-1601.1","metadata":false},{"id":69351,"structure_id":13677,"section_number":"46.2-1601.2","catch_line":"Acts of officers, directors, and partners","url":"\/46.2-1601.2\/","token":"46.2\/IV\/16\/46.2-1601.2","metadata":false},{"id":82874,"structure_id":13677,"section_number":"46.2-1601.3","catch_line":"Grounds for denying, suspending, or revoking licenses","url":"\/46.2-1601.3\/","token":"46.2\/IV\/16\/46.2-1601.3","metadata":false},{"id":85538,"structure_id":13677,"section_number":"46.2-1602","catch_line":"Certain sales prohibited; exceptions","url":"\/46.2-1602\/","token":"46.2\/IV\/16\/46.2-1602","metadata":false},{"id":65231,"structure_id":13677,"section_number":"46.2-1602.1","catch_line":"Duties of insurance companies upon acquiring certain vehicles","url":"\/46.2-1602.1\/","token":"46.2\/IV\/16\/46.2-1602.1","metadata":false},{"id":81945,"structure_id":13677,"section_number":"46.2-1602.2","catch_line":"Exemptions","url":"\/46.2-1602.2\/","token":"46.2\/IV\/16\/46.2-1602.2","metadata":false},{"id":82091,"structure_id":13677,"section_number":"46.2-1602.3","catch_line":"Exception; vehicles sold for recycling parts, dismantling, demolishing, or utilizing for scrap","url":"\/46.2-1602.3\/","token":"46.2\/IV\/16\/46.2-1602.3","metadata":false},{"id":61621,"structure_id":13677,"section_number":"46.2-1603","catch_line":"Obtaining salvage certificate or certificate of title for an unrecovered stolen vehicle","url":"\/46.2-1603\/","token":"46.2\/IV\/16\/46.2-1603","metadata":false},{"id":69665,"structure_id":13677,"section_number":"46.2-1603.1","catch_line":"Duties of licensees","url":"\/46.2-1603.1\/","token":"46.2\/IV\/16\/46.2-1603.1","metadata":false},{"id":55704,"structure_id":13677,"section_number":"46.2-1603.2","catch_line":"Owner may declare vehicle nonrepairable; insurance company required to obtain a nonrepairable certificate; applicability of certain other laws to nonrepairable certificates; titling and registration of nonrepairable vehicle prohibited","url":"\/46.2-1603.2\/","token":"46.2\/IV\/16\/46.2-1603.2","metadata":false},{"id":59590,"structure_id":13677,"section_number":"46.2-1604","catch_line":"Rebuilders required to possess certificate of title or salvage certificate","url":"\/46.2-1604\/","token":"46.2\/IV\/16\/46.2-1604","metadata":false},{"id":56078,"structure_id":13677,"section_number":"46.2-1605","catch_line":"Vehicles rebuilt for highway use; examinations; branding of titles","url":"\/46.2-1605\/","token":"46.2\/IV\/16\/46.2-1605","metadata":false},{"id":54656,"structure_id":13677,"section_number":"46.2-1606","catch_line":"Certificates of title issued by other states; nonnegotiable titles","url":"\/46.2-1606\/","token":"46.2\/IV\/16\/46.2-1606","metadata":false},{"id":71773,"structure_id":13677,"section_number":"46.2-1607","catch_line":"Inspection of records and examination of inventory","url":"\/46.2-1607\/","token":"46.2\/IV\/16\/46.2-1607","metadata":false},{"id":60419,"structure_id":13677,"section_number":"46.2-1608","catch_line":"Maintenance and contents of records","url":"\/46.2-1608\/","token":"46.2\/IV\/16\/46.2-1608","metadata":false},{"id":67751,"structure_id":13677,"section_number":"46.2-1608.1","catch_line":"Reports to police department; local ordinance; holding period; penalty","url":"\/46.2-1608.1\/","token":"46.2\/IV\/16\/46.2-1608.1","metadata":false},{"id":77682,"structure_id":13677,"section_number":"46.2-1608.2","catch_line":"Licensees to update records of the Department for motor vehicles that are to be demolished or dismantled","url":"\/46.2-1608.2\/","token":"46.2\/IV\/16\/46.2-1608.2","metadata":false},{"id":76509,"structure_id":13677,"section_number":"46.2-1609","catch_line":"Penalties","url":"\/46.2-1609\/","token":"46.2\/IV\/16\/46.2-1609","metadata":false},{"id":73259,"structure_id":13677,"section_number":"46.2-1610","catch_line":"Disposition of fees","url":"\/46.2-1610\/","token":"46.2\/IV\/16\/46.2-1610","metadata":false}],"next_section":{"id":58776,"structure_id":13677,"section_number":"46.2-1601","catch_line":"Licensing of dealers of salvage vehicles; fees","url":"\/46.2-1601\/","token":"46.2\/IV\/16\/46.2-1601","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/46.2-1600\/","history_text":"

This law was first created in 1979. The record of its establishment is cataloged in chapter 401 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1979 \u201cActs\u201d aren\u2019t available online. It has been modified 10 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1988, chapters 842 and 865; in 1989, chapter 727; in 1992, chapter 148; in 1993, chapter 376; in 2000, chapters 123<\/a>, 235<\/a>, and 257<\/a>; in 2003, chapter 304<\/a>; in 2009, chapter 664<\/a>; in 2012, chapters 64<\/a> and 280<\/a>; in 2015, chapters 33<\/a> and 177<\/a>; in 2017, chapter 277<\/a>.<\/p>","references":[{"id":82691,"section_number":"46.2-100","catch_line":"Definitions","order_by":null,"url":"\/46.2-100\/"},{"id":77436,"section_number":"46.2-1202.1","catch_line":"Vehicle Removal Certificates","order_by":null,"url":"\/46.2-1202.1\/"},{"id":63644,"section_number":"46.2-1202.2","catch_line":"Notice of intent to auction and sale of vehicle; posting requirements","order_by":null,"url":"\/46.2-1202.2\/"},{"id":82860,"section_number":"46.2-1205","catch_line":"Disposition of inoperable abandoned vehicles","order_by":null,"url":"\/46.2-1205\/"},{"id":84929,"section_number":"46.2-1500","catch_line":"Definitions","order_by":null,"url":"\/46.2-1500\/"},{"id":77529,"section_number":"46.2-1516","catch_line":"Supplemental sales locations","order_by":null,"url":"\/46.2-1516\/"},{"id":86104,"section_number":"46.2-1575","catch_line":"Grounds for denying, suspending, or revoking licenses or certificates of dealer registration or qualification","order_by":null,"url":"\/46.2-1575\/"},{"id":81945,"section_number":"46.2-1602.2","catch_line":"Exemptions","order_by":null,"url":"\/46.2-1602.2\/"},{"id":60419,"section_number":"46.2-1608","catch_line":"Maintenance and contents of records","order_by":null,"url":"\/46.2-1608\/"},{"id":67751,"section_number":"46.2-1608.1","catch_line":"Reports to police department; local ordinance; holding period; penalty","order_by":null,"url":"\/46.2-1608.1\/"},{"id":63795,"section_number":"46.2-632","catch_line":"Transfer when certificate of title lost","order_by":null,"url":"\/46.2-632\/"}],"refers_to":[{"id":82691,"section_number":"46.2-100","catch_line":"Definitions","order_by":null,"url":"\/46.2-100\/"},{"id":85538,"section_number":"46.2-1602","catch_line":"Certain sales prohibited; exceptions","order_by":null,"url":"\/46.2-1602\/"}],"permalink":{"id":231783,"object_type":"law","relational_id":58576,"identifier":"46.2-1600","token":"46.2\/IV\/16\/46.2-1600","url":"\/46.2-1600\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/46.2-1600\/","token":"46.2\/IV\/16\/46.2-1600","dublin_core":{"Title":"Definitions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 46.2-1600","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The following words, terms, and phrases when used in this chapter shall have the meaning ascribed to them in this section, except where the context indicates otherwise:\n\t\t“Actual cash value,” as applied to a vehicle, means the retail cash value of the vehicle prior to damage as determined, using recognized evaluation sources, either (i) by an insurance company responsible for paying a claim or (ii) if no insurance company is responsible therefor, by the Department<\/span>.\n\t\t“Auto recycler<\/span>” means any person licensed by the Commonwealth to engage in business as a salvage dealer<\/span>, rebuilder<\/span>, demolisher<\/span>, or scrap metal processor<\/span>.\n\t\t“Current salvage value,” as applied to a vehicle, means (i) the salvage value of the vehicle, as determined by the insurer responsible for paying the claim, or (ii) if no insurance company is responsible therefor, 25 percent of the actual cash value.\n\t\t“Demolisher<\/span>” means any person whose business is to crush, flatten, bale, shred, log, or otherwise reduce a vehicle to a state where it can no longer be considered a vehicle.\n\t\t“Diminished value compensation<\/span>” means the amount of compensation that an insurance company pays to a third party<\/span> vehicle owner<\/span>, in addition to the cost of repairs, for the reduced value of a vehicle due to damage.\n\t\t“Independent appraisal firm<\/span>” means any business providing cost estimates for the repair of damaged motor vehicles<\/span> for insurance purposes and having all required business licenses and zoning approvals. This term shall not include insurance companies that provide the same service, nor shall any such entity be a rebuilder<\/span> or affiliated with a rebuilder<\/span>.\n\t\t“Late model vehicle<\/span>” means the current-year model of a vehicle and the five preceding model years, or any vehicle whose actual cash value is determined to have been at least $10,000 prior to being damaged.\n\t\t“Licensee<\/span>” means any person who is licensed or is required to be licensed under this chapter.\n\t\t“Major component<\/span>” means any one of the following subassemblies of a motor vehicle<\/span>: (i) front clip assembly, consisting of the fenders, grille, hood, bumper, and related parts; (ii) engine; (iii) transmission; (iv) rear clip assembly, consisting of the quarter panels<\/span>, floor panels<\/span>, trunk lid, bumper, and related parts; (v) frame; (vi) air bags; and (vii) any door that displays a vehicle identification number.\n\t\t“Nonrepairable certificate<\/span>” means a document of ownership issued by the Department<\/span> for any nonrepairable vehicle<\/span> upon surrender or cancellation<\/span> of the vehicle’s title and registration or salvage certificate<\/span>.\n\t\t“Nonrepairable vehicle<\/span>” means any vehicle that has been determined by its insurer or owner<\/span> to have no value except for use as parts and scrap metal or for which a nonrepairable certificate<\/span> has been issued or applied for.\n\t\t“Rebuilder<\/span>” means any person who acquires and repairs, for use on the public highways<\/span><\/span>, two or more salvage vehicles<\/span> within a 12-month period.\n\t\t“Rebuilt vehicle<\/span>” means (i) any salvage vehicle<\/span> that has been repaired for use on the public highways<\/span><\/span> or (ii) any late model vehicle<\/span> that has been repaired and the estimated cost of repair exceeded 75 percent of its actual cash value, excluding the cost to repair damage to the engine, transmission, or drive axle assembly.\n\t\t“Repairable vehicle<\/span>” means a late model vehicle<\/span> that is not a rebuilt vehicle<\/span>, but is repaired to its pre-loss condition by an insurance company and is not accepted by the owner<\/span> of said vehicle immediately prior to its acquisition by said insurance company as part of the claims process.\n\t\t“Salvage certificate<\/span>” means a document of ownership issued by the Department<\/span> for any salvage vehicle<\/span> upon surrender or cancellation<\/span> of the vehicle’s title and registration.\n\t\t“Salvage dealer<\/span>” means any person who acquires any vehicle for the purpose of reselling any parts thereof or who acquires and sells any salvage vehicle<\/span> as a unit except as permitted by subdivision B 2 of \u00a7 46.2-1602<\/a>.\n\t\t“Salvage pool<\/span>” means any person providing a storage service for salvage vehicles<\/span> or nonrepairable vehicles<\/span> who either displays the vehicles for resale or solicits bids for the sale of salvage vehicles<\/span> or nonrepairable vehicles<\/span>, but this definition shall not apply to an insurance company that stores and displays fewer than 100 salvage vehicles<\/span> and nonrepairable vehicles<\/span> in one location; however, any two or more insurance companies who display salvage and nonrepairable vehicles<\/span> for resale, using the same facilities, shall be considered a salvage pool<\/span>.\n\t\t“Salvage vehicle<\/span>” means (i) any late model vehicle<\/span> that has been (a) acquired by an insurance company as a part of the claims process other than a stolen vehicle or (b) damaged as a result of collision, fire, flood, accident, trespass, or any other occurrence to such an extent that its estimated cost of repair, excluding charges for towing, storage, and temporary replacement\/rental vehicle or payment for diminished value compensation<\/span>, would exceed its actual cash value less its current salvage value; (ii) any recovered stolen vehicle acquired by an insurance company as a part of the claims process, whose estimated cost of repair exceeds 75 percent of its actual cash value; or (iii) any other vehicle that is determined to be a salvage vehicle<\/span> by its owner<\/span> or an insurance company by applying for a salvage certificate<\/span> for the vehicle, provided that such vehicle is not a nonrepairable vehicle<\/span>.\n\t\t“Scrap metal processor<\/span>” means any person who acquires one or more whole vehicles to process into scrap for remelting purposes who, from a fixed location, utilizes machinery and equipment for processing and manufacturing ferrous and nonferrous metallic scrap into prepared grades, and whose principal product is metallic scrap.\n\t\t“Vehicle” shall have the meaning ascribed to it in \u00a7 46.2-100<\/a>. A vehicle that has been demolished or declared to be nonrepairable pursuant to this chapter shall no longer be considered a vehicle. For the purposes of this chapter, a major component<\/span> shall not be considered a vehicle.\n\t\t“Vehicle removal operator<\/span>” means any person who acquires a vehicle for the purpose of reselling it to a demolisher<\/span>, scrap metal processor<\/span>, or salvage dealer<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEFINITIONS (\u00a7 46.2-1600)\n\nThe following words, terms, and phrases when used in this chapter shall have the\nmeaning ascribed to them in this section, except where the context indicates\notherwise:\n\t\t“Actual cash value,” as applied to a vehicle, means the retail\ncash value of the vehicle prior to damage as determined, using recognized\nevaluation sources, either (i) by an insurance company responsible for paying a\nclaim or (ii) if no insurance company is responsible therefor, by the\nDepartment.\n\t\t“Auto recycler” means any person licensed by the Commonwealth to\nengage in business as a salvage dealer, rebuilder, demolisher, or scrap metal\nprocessor.\n\t\t“Current salvage value,” as applied to a vehicle, means (i) the\nsalvage value of the vehicle, as determined by the insurer responsible for\npaying the claim, or (ii) if no insurance company is responsible therefor, 25\npercent of the actual cash value.\n\t\t“Demolisher” means any person whose business is to crush, flatten,\nbale, shred, log, or otherwise reduce a vehicle to a state where it can no\nlonger be considered a vehicle.\n\t\t“Diminished value compensation” means the amount of compensation\nthat an insurance company pays to a third party vehicle owner, in addition to\nthe cost of repairs, for the reduced value of a vehicle due to damage.\n\t\t“Independent appraisal firm” means any business providing cost\nestimates for the repair of damaged motor vehicles for insurance purposes and\nhaving all required business licenses and zoning approvals. This term shall not\ninclude insurance companies that provide the same service, nor shall any such\nentity be a rebuilder or affiliated with a rebuilder.\n\t\t“Late model vehicle” means the current-year model of a vehicle and\nthe five preceding model years, or any vehicle whose actual cash value is\ndetermined to have been at least $10,000 prior to being damaged.\n\t\t“Licensee” means any person who is licensed or is required to be\nlicensed under this chapter.\n\t\t“Major component” means any one of the following subassemblies of\na motor vehicle: (i) front clip assembly, consisting of the fenders, grille,\nhood, bumper, and related parts; (ii) engine; (iii) transmission; (iv) rear clip\nassembly, consisting of the quarter panels, floor panels, trunk lid, bumper, and\nrelated parts; (v) frame; (vi) air bags; and (vii) any door that displays a\nvehicle identification number.\n\t\t“Nonrepairable certificate” means a document of ownership issued\nby the Department for any nonrepairable vehicle upon surrender or cancellation\nof the vehicle’s title and registration or salvage certificate.\n\t\t“Nonrepairable vehicle” means any vehicle that has been determined\nby its insurer or owner to have no value except for use as parts and scrap metal\nor for which a nonrepairable certificate has been issued or applied for.\n\t\t“Rebuilder” means any person who acquires and repairs, for use on\nthe public highways, two or more salvage vehicles within a 12-month period.\n\t\t“Rebuilt vehicle” means (i) any salvage vehicle that has been\nrepaired for use on the public highways or (ii) any late model vehicle that has\nbeen repaired and the estimated cost of repair exceeded 75 percent of its actual\ncash value, excluding the cost to repair damage to the engine, transmission, or\ndrive axle assembly.\n\t\t“Repairable vehicle” means a late model vehicle that is not a\nrebuilt vehicle, but is repaired to its pre-loss condition by an insurance\ncompany and is not accepted by the owner of said vehicle immediately prior to\nits acquisition by said insurance company as part of the claims process.\n\t\t“Salvage certificate” means a document of ownership issued by the\nDepartment for any salvage vehicle upon surrender or cancellation of the\nvehicle’s title and registration.\n\t\t“Salvage dealer” means any person who acquires any vehicle for the\npurpose of reselling any parts thereof or who acquires and sells any salvage\nvehicle as a unit except as permitted by subdivision B 2 of \u00a7 46.2-1602.\n\t\t“Salvage pool” means any person providing a storage service for\nsalvage vehicles or nonrepairable vehicles who either displays the vehicles for\nresale or solicits bids for the sale of salvage vehicles or nonrepairable\nvehicles, but this definition shall not apply to an insurance company that\nstores and displays fewer than 100 salvage vehicles and nonrepairable vehicles\nin one location; however, any two or more insurance companies who display\nsalvage and nonrepairable vehicles for resale, using the same facilities, shall\nbe considered a salvage pool.\n\t\t“Salvage vehicle” means (i) any late model vehicle that has been\n(a) acquired by an insurance company as a part of the claims process other than\na stolen vehicle or (b) damaged as a result of collision, fire, flood, accident,\ntrespass, or any other occurrence to such an extent that its estimated cost of\nrepair, excluding charges for towing, storage, and temporary replacement\/rental\nvehicle or payment for diminished value compensation, would exceed its actual\ncash value less its current salvage value; (ii) any recovered stolen vehicle\nacquired by an insurance company as a part of the claims process, whose\nestimated cost of repair exceeds 75 percent of its actual cash value; or (iii)\nany other vehicle that is determined to be a salvage vehicle by its owner or an\ninsurance company by applying for a salvage certificate for the vehicle,\nprovided that such vehicle is not a nonrepairable vehicle.\n\t\t“Scrap metal processor” means any person who acquires one or more\nwhole vehicles to process into scrap for remelting purposes who, from a fixed\nlocation, utilizes machinery and equipment for processing and manufacturing\nferrous and nonferrous metallic scrap into prepared grades, and whose principal\nproduct is metallic scrap.\n\t\t“Vehicle” shall have the meaning ascribed to it in \u00a7 46.2-100. A\nvehicle that has been demolished or declared to be nonrepairable pursuant to\nthis chapter shall no longer be considered a vehicle. For the purposes of this\nchapter, a major component shall not be considered a vehicle.\n\t\t“Vehicle removal operator” means any person who acquires a vehicle\nfor the purpose of reselling it to a demolisher, scrap metal processor, or\nsalvage dealer.\n\nHISTORY: 1979, c. 401, \u00a7 46.1-550.6; 1988, cc. 842, 865; 1989, c. 727; 1992, c.\n148; 1993, c. 376; 2000, cc. 123, 235, 257; 2003, c. 304; 2009, c. 664; 2012,\ncc. 64, 280; 2015, cc. 33, 177; 2017, c. 277, 342, 362.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}