Nevada Revised Statutes 482.096 – ‘Purchase price’ defined
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‘Purchase price’ means:
Terms Used In Nevada Revised Statutes 482.096
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
1. If no security interest is taken, retained, created or in existence by virtue of a sale of a vehicle in this State, the price of the vehicle plus any additional included amounts for taxes, official fees, registration fees, transfer of title fees, delivery charges, installation charges, servicing charges, repair charges, alteration charges and improvement charges, or any of them.
2. If a security interest is taken, retained, created or in existence by virtue of a sale of a vehicle in this State, the amounts specified in subsection 1 plus any time price differential included in the security agreement or the obligation which it secures.