Amends GS 20-62.1 regarding the purchase of vehicles for scrap or parts only. Clarifies that a court may order a defendant seller who is guilty of a knowing and willful violation of any of the provisions of this section to make restitution to the secondary metals recycler, salvage yard, lien holder, or other registered owner of the motor vehicle for damage or loss caused by the defendant seller. Provides that a secondary metals recycler or salvage yard is not civilly or criminally liable for any loss of or damage to a motor vehicle purchased in accordance with the requirements in subsections (a) and (a1) of GS 20-62.1.

Effective when the act becomes law and applies to motor vehicles purchased on or after that date.