A BILL TO BE ENTITLED
AN ACT to clarify the maximum weight of a motor vehicle that is subject to the new motor vehicles warranties act and to promote the expeditious settlement of claims when the consumer requests the manufacturer to repurchase the motor vehicle.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 20‑351.1(3) reads as rewritten:
"(3)	'Motor vehicle' includes a motor vehicle as defined in G.S. 20‑4.01 that is sold or leased in this State, but does not include 'house trailer' as defined in G.S. 20‑4.01 or any motor vehicle that weighs more than 10,000 pounds."
SECTION 2.  G.S. 20‑351.3(c) reads as rewritten:
"(c)	Refunds shall be made to the consumer, lessor, and any lienholders as their interests may appear. The refund to the consumer shall be reduced by a reasonable allowance for the consumer's use of the vehicle. A reasonable allowance for use is calculated from the number of miles used by the consumer up to the date of the third attempt to repair the same nonconformity which is the subject of the claim, or the twentieth cumulative business day when the vehicle is out of service by reason of repair of one or more nonconformities, whichever occurs first. The number of miles used by the consumer is multiplied by the purchase price of the vehicle or the lessor's actual lease price, and divided by 120,000."
SECTION 3.  This act becomes effective October 1, 2005, and applies to contracts entered into on or after that date.