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MidnightSlinks t1_j4tsj53 wrote

>If the NADA guide does not provide the fair market value for a particular vehicle

That means "if the fair market value is missing from NADA for a particular vehicle," not "if the value provided for a particular vehicle in NADA is not reflective of fair market value."

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fissionpowered t1_j4uqbsc wrote

Is that settled law?

On its face, I don't think it's clear that that is the only interpretation.

It would be worth reaching out to whomever has the authority to make that sort of legal interpretation in the DC system. That will not be the DMV customer service people.

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paulHarkonen t1_j4vgvm8 wrote

OP can certainly try, but the plain reading of the text certainly points toward the interpretation that it only applies for items that don't have a value in "the book".

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