Hi all,
So ford has agreed to buy back my cpo raptor after it has been at the dealer over a span of 6 months over 8 weeks for slew of issues (tranny, moonroof, cam phaser). Ford is supposedly overnighting me the paper work for the buy back tomorrow. Of what I read on the internet, I have 3 options. One being a trade for and model , another being a cash payout after a fair use deduction and a third is trade for another ford product I believe.
My question is for the fair use calculation for California. It’s purchase price X miles drive when first reported issue / 120000.
I bought my raptor as a cpo at 35000 miles and have 42000 on it now. Will ford use the 42000 miles as the miles driven or the 42000-35000 = 7000 miles that I’ve actually driven for the fair use calculation?
Any info is appreciated!
So ford has agreed to buy back my cpo raptor after it has been at the dealer over a span of 6 months over 8 weeks for slew of issues (tranny, moonroof, cam phaser). Ford is supposedly overnighting me the paper work for the buy back tomorrow. Of what I read on the internet, I have 3 options. One being a trade for and model , another being a cash payout after a fair use deduction and a third is trade for another ford product I believe.
My question is for the fair use calculation for California. It’s purchase price X miles drive when first reported issue / 120000.
I bought my raptor as a cpo at 35000 miles and have 42000 on it now. Will ford use the 42000 miles as the miles driven or the 42000-35000 = 7000 miles that I’ve actually driven for the fair use calculation?
Any info is appreciated!