‘Nonrepairable vehicle’ means a motor vehicle other than an abandoned vehicle, as defined in NRS 487.210, that:

1.  Has value only as a source of parts or scrap metal;

2.  Has been designated by its owner for dismantling as a source of parts or scrap metal;

3.  Has been stripped of all body panels, doors, hatches, substantially all interior components and substantially all grill and light assemblies; or

4.  Has been burned, destroyed or otherwise damaged to such an extent that it cannot be returned to a condition which is legal for operation on the highways of this State.