Colorado criminal charge
Equity skimming of a vehicle in Colorado
Equity skimming of a vehicle is a criminal offense under Colorado law, defined by C.R.S. § 18-5-803. Its classification is not fixed: Colorado assigns a different penalty class depending on the circumstances of the offense. The class that applies — and the sentencing range that follows from it — depends on which statutory variant fits the facts.
Defined by C.R.S. § 18-5-803.
What is the penalty for equity skimming of a vehicle in Colorado?
| Penalty | Range | Basis | Authority |
|---|---|---|---|
| Jail / prison | up to 10 days (Equity skimming (< $300) — The amount involved is less than three hundred dollars.) | discretionary | C.R.S. § 18-1.3-503 |
| Fine | up to $300 (Equity skimming (< $300) — The amount involved is less than three hundred dollars.) | discretionary | C.R.S. § 18-1.3-503 |
| Jail / prison | up to 120 days (Equity skimming ($300–$1,000) — The amount involved is three hundred dollars or more but less than one thousand dollars.) | discretionary | C.R.S. § 18-1.3-501 |
| Fine | up to $750 (Equity skimming ($300–$1,000) — The amount involved is three hundred dollars or more but less than one thousand dollars.) | discretionary | C.R.S. § 18-1.3-501 |
| Jail / prison | up to 364 days (Equity skimming ($1,000–$2,000) — The amount involved is one thousand dollars or more but less than two thousand dollars.) | discretionary | C.R.S. § 18-1.3-501 |
| Fine | up to $1,000 (Equity skimming ($1,000–$2,000) — The amount involved is one thousand dollars or more but less than two thousand dollars.) | discretionary | C.R.S. § 18-1.3-501 |
| Jail / prison | 12 months to 18 months (Equity skimming ($2,000–$5,000) — The amount involved is two thousand dollars or more but less than five thousand dollars.) | presumptive | C.R.S. § 18-1.3-401 |
| Fine | $1,000 to $100,000 (Equity skimming ($2,000–$5,000) — The amount involved is two thousand dollars or more but less than five thousand dollars.) | discretionary | C.R.S. § 18-1.3-401 |
| Parole / supervision | 1 years to 1 years (Equity skimming ($2,000–$5,000) — The amount involved is two thousand dollars or more but less than five thousand dollars.; mandatory parole) | mandatory | C.R.S. § 18-1.3-401 |
| Jail / prison | 1 years to 3 years (Equity skimming ($5,000–$20,000) — The amount involved is five thousand dollars or more but less than twenty thousand dollars.) | presumptive | C.R.S. § 18-1.3-401 |
| Fine | $1,000 to $100,000 (Equity skimming ($5,000–$20,000) — The amount involved is five thousand dollars or more but less than twenty thousand dollars.) | discretionary | C.R.S. § 18-1.3-401 |
| Parole / supervision | 2 years to 2 years (Equity skimming ($5,000–$20,000) — The amount involved is five thousand dollars or more but less than twenty thousand dollars.; mandatory parole) | mandatory | C.R.S. § 18-1.3-401 |
| Jail / prison | 2 years to 6 years (Equity skimming ($20,000–$100,000) — The amount involved is twenty thousand dollars or more but less than one hundred thousand dollars.) | presumptive | C.R.S. § 18-1.3-401 |
| Fine | $2,000 to $500,000 (Equity skimming ($20,000–$100,000) — The amount involved is twenty thousand dollars or more but less than one hundred thousand dollars.) | discretionary | C.R.S. § 18-1.3-401 |
| Parole / supervision | 3 years to 3 years (Equity skimming ($20,000–$100,000) — The amount involved is twenty thousand dollars or more but less than one hundred thousand dollars.; mandatory parole) | mandatory | C.R.S. § 18-1.3-401 |
| Jail / prison | 4 years to 12 years (Equity skimming ($100,000–$1,000,000) — The amount involved is one hundred thousand dollars or more but less than one million dollars.) | presumptive | C.R.S. § 18-1.3-401 |
| Fine | $3,000 to $750,000 (Equity skimming ($100,000–$1,000,000) — The amount involved is one hundred thousand dollars or more but less than one million dollars.) | discretionary | C.R.S. § 18-1.3-401 |
| Parole / supervision | 3 years to 3 years (Equity skimming ($100,000–$1,000,000) — The amount involved is one hundred thousand dollars or more but less than one million dollars.; mandatory parole) | mandatory | C.R.S. § 18-1.3-401 |
| Jail / prison | 8 years to 24 years (Equity skimming (≥ $1,000,000) — The amount involved is one million dollars or more.) | presumptive | C.R.S. § 18-1.3-401 |
| Fine | $5,000 to $1,000,000 (Equity skimming (≥ $1,000,000) — The amount involved is one million dollars or more.) | discretionary | C.R.S. § 18-1.3-401 |
| Parole / supervision | 3 years to 3 years (Equity skimming (≥ $1,000,000) — The amount involved is one million dollars or more.; mandatory parole (5 years if crime of violence)) | mandatory | C.R.S. § 18-1.3-401 |
Applies to offenses on/after 2022-03-01 (SB21-271).
How is equity skimming of a vehicle classified in Colorado?
The classification depends on the circumstances:
| Variant | Classification | When it applies | Statute |
|---|---|---|---|
| Equity skimming (< $300) | Petty Offense | The amount involved is less than three hundred dollars. | 18-5-803(2)(a) |
| Equity skimming ($300–$1,000) | Class 2 Misdemeanor | The amount involved is three hundred dollars or more but less than one thousand dollars. | 18-5-803(2)(b) |
| Equity skimming ($1,000–$2,000) | Class 1 Misdemeanor | The amount involved is one thousand dollars or more but less than two thousand dollars. | 18-5-803(2)(c) |
| Equity skimming ($2,000–$5,000) | Class 6 Felony | The amount involved is two thousand dollars or more but less than five thousand dollars. | 18-5-803(2)(d) |
| Equity skimming ($5,000–$20,000) | Class 5 Felony | The amount involved is five thousand dollars or more but less than twenty thousand dollars. | 18-5-803(2)(e) |
| Equity skimming ($20,000–$100,000) | Class 4 Felony | The amount involved is twenty thousand dollars or more but less than one hundred thousand dollars. | 18-5-803(2)(f) |
| Equity skimming ($100,000–$1,000,000) | Class 3 Felony | The amount involved is one hundred thousand dollars or more but less than one million dollars. | 18-5-803(2)(g) |
| Equity skimming (≥ $1,000,000) | Class 2 Felony | The amount involved is one million dollars or more. | 18-5-803(2)(h) |
Common questions about equity skimming of a vehicle in Colorado
Is equity skimming of a vehicle a felony or a misdemeanor in Colorado?
It depends on the circumstances: equity skimming of a vehicle ranges from a Petty Offense to a Class 2 Felony in Colorado under C.R.S. § 18-5-803.
Equity skimming (< $300): Petty Offense (C.R.S. § 18-5-803(2)(a)) · Equity skimming ($300–$1,000): Class 2 Misdemeanor (C.R.S. § 18-5-803(2)(b)) · Equity skimming ($1,000–$2,000): Class 1 Misdemeanor (C.R.S. § 18-5-803(2)(c)) · Equity skimming ($2,000–$5,000): Class 6 Felony (C.R.S. § 18-5-803(2)(d)) · Equity skimming ($5,000–$20,000): Class 5 Felony (C.R.S. § 18-5-803(2)(e)) · Equity skimming ($20,000–$100,000): Class 4 Felony (C.R.S. § 18-5-803(2)(f)) · Equity skimming ($100,000–$1,000,000): Class 3 Felony (C.R.S. § 18-5-803(2)(g)) · Equity skimming (≥ $1,000,000): Class 2 Felony (C.R.S. § 18-5-803(2)(h))
What are the penalties for equity skimming of a vehicle in Colorado?
Penalties for equity skimming of a vehicle in Colorado depend on how it is classified — from a Petty Offense up to a Class 2 Felony — with the ranges set by C.R.S. § 18-1.3-503, C.R.S. § 18-1.3-501 and C.R.S. § 18-1.3-401; the full table of ranges by variant is published on this page.
Which Colorado statute covers equity skimming of a vehicle?
Equity skimming of a vehicle is governed by C.R.S. § 18-5-803 (Equity skimming of a vehicle).
Legal terms used in this law
This reference is informational and is not legal advice. Penalty ranges are the statutory classification ranges; sentencing in a specific case depends on its facts and history.