Jump to content
  • Custom Search


Sign in to follow this  
hokie4life

Reaquired vehicle process questions

Recommended Posts

Hello all. I apologize in advance if this is the wrong forum to post this in.

Ford has approved the re-aquisition of my 2019 Edge Titanium because of a transmission issue. I've been researching replacement cars and I've settled on the 2020 Ford Escape Titanium when it releases this fall (since according to most, the RAV process takes a LONG time). Fully loaded, the MSRP of the Escape is about $4,500 less than the Edge that I'm turning in. How does RAV typically handle these situations?

 

 

Share this post


Link to post
Share on other sites

You get what you paid minus a fees for mileage and wear. 

Share this post


Link to post
Share on other sites

Sorry to hear about your edge, I have a 2019 as well and I like it a lot more than I thought I would. Your Rav situation Depends if they're doing a buyback or a substitution of collateral. If they're doing substitution of collateral unfortunately your SOL on the extra money spent on the Edge. You'll be responsible for transfer fees from the dealership and that's it. If they are doing a buy back then they will give you back MSRP minus a mileage adjustment minus any loan payoffs. You'll receive a check for the balance after that. The process is long and your case will probably be transferred to a few different people but if you stay on top of them and the dealer then you should get it to move fairly quickly. I'm the lucky one who gets to handle them at my dealership so if you have any questions please feel free to reach out.  

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×