Nevada § 482.3154 - Limitation on liability of short-term lessee concerning damage to or loss of leased passenger car; limitation of short-term lessor's loss under certain circumstances; limitation or exclusion of administrative charge

§ 482.3154. Limitation on liability of short-term lessee concerning damage to or loss of leased passenger car; limitation of short-term lessor's loss under certain circumstances; limitation or exclusion of administrative charge

1. The total amount of the short-term lessee's liability to the short-term lessor

resulting from damage to a leased passenger car must not exceed the sum of the following: (a) The estimated cost for parts that the short-term lessor would have to pay to replace

damaged parts. Any discount, price reduction or adjustment received by the lessor must be subtracted

from the estimate to the extent not already incorporated in the estimate or promptly

credited or refunded to the short-term lessee. (b) The estimated cost of labor to replace damaged parts of the passenger car, which

must not exceed the product of: (1) The rate of labor usually paid by the lessor to replace parts of the type that

were damaged; and (2) The estimated time for replacement. Any discount, price reduction or adjustment received by the short-term lessor must

be subtracted from the estimate to the extent not already incorporated in the estimate

or promptly credited or refunded to the lessee. (c) The estimated cost of labor to repair damaged parts of the passenger car, which

must not exceed the lesser of: (1) The product of the rate for labor usually paid by the short-term lessor to repair

parts of the type that were damaged and the estimated time for repair; or (2) The sum of the costs for estimated labor and parts determined pursuant to paragraphs

(a) and (b) to replace the same parts. Any discount, price reduction or adjustment received by the short-term lessor must

be subtracted from the estimate to the extent not already incorporated in the estimate

or promptly credited or refunded to the lessee. (d) Except as otherwise provided in subsection 2, the loss of use of the leased passenger

car, which must not exceed the product of: (1) The rate for the car stated in the short-term lessee's lease, excluding all optional

charges; and (2) The total of the estimated time for replacement and the estimated time for repair. For the purpose of converting the estimated time for repair into the same unit of

time in which the rate of the lease is expressed, a day shall be deemed to consist

of 8 hours. (e) Actual charges for towing and storage and impound fees paid by the short-term

lessor. 2. Under any of the circumstances described in NRS 482.31555 , the short-term lessor's loss of use of the passenger car must not exceed the product

of: (a) The rate for the car stated in the short-term lessee's lease, excluding all optional

charges; and (b) The period from the date of a crash to the date the car is ready to be returned

to service if the lessor uses his or her best efforts to repair and return the car

to service as soon as practicable. 3. An administrative charge pursuant to paragraph (h) of subsection 1 of NRS 482.31535 must not exceed: (a) Fifty dollars if the total estimated cost for parts and labor is more than $100

and less than or equal to $500. (b) One hundred dollars if the total estimated cost for parts and labor is more than

$500 and less than or equal to $1,500. (c) One hundred and fifty dollars if the total estimated cost for parts and labor

is more than $1,500. No administrative charge may be imposed if the total estimated cost of parts and labor

is $100 or less.