Understanding Major Replacement Part: Legal Insights and Definitions
Definition & Meaning
A major replacement part refers to a significant component of a motor vehicle that meets specific criteria. According to legal definitions, it can be:
- An original major part that has been customized or modified after the vehicle was manufactured but before it was delivered to the first buyer.
- A major part that was not installed in the vehicle at the time of its delivery, and the ownership of the vehicle has not yet been transferred to the first buyer.