S
SamIam
Guest
I live in Los Angeles, Ca.
A. On Dec. 18, 2001. FODRD Credit and I contractually signed on a FORD contract for an end of lease purchase. 60 months, @ 15%. Signed and delivered.
B. The original contract purchase option is for $17, 000.
C. On Jan 4, 202, I received a call from FORD stating that they miscalculated the purchase option. Their new Blue Book purchase option is $20, 200??
D. My 1999 Ford XLT Explorer has 95,000 miles. I’m at the Kelly Blue Book website and I printed out the following trade-in values.
* Blue Book Trade-In Report has a trade in value at $8,000.00
* Blue Book Private Party Report has a trade in value at $12, 090.
E. On Dec. 18 FORD credit and I signed contractual agreement for $17, 000 @ 15% for 60 months.
QUESTION:
1. Is this contract as is, or can FORD renegotiate on a signed agreement???
The original trade value is $17, 000.
I just got off the Kelly Blue Book website and they gave me trade-in values different then FORD’s. I have KBB print outs of these trade-in values.
2. Can I use this KBB print out to negotiate a lower trade-in value???
3. Please let me know what you think, law wise.
A. On Dec. 18, 2001. FODRD Credit and I contractually signed on a FORD contract for an end of lease purchase. 60 months, @ 15%. Signed and delivered.
B. The original contract purchase option is for $17, 000.
C. On Jan 4, 202, I received a call from FORD stating that they miscalculated the purchase option. Their new Blue Book purchase option is $20, 200??
D. My 1999 Ford XLT Explorer has 95,000 miles. I’m at the Kelly Blue Book website and I printed out the following trade-in values.
* Blue Book Trade-In Report has a trade in value at $8,000.00
* Blue Book Private Party Report has a trade in value at $12, 090.
E. On Dec. 18 FORD credit and I signed contractual agreement for $17, 000 @ 15% for 60 months.
QUESTION:
1. Is this contract as is, or can FORD renegotiate on a signed agreement???
The original trade value is $17, 000.
I just got off the Kelly Blue Book website and they gave me trade-in values different then FORD’s. I have KBB print outs of these trade-in values.
2. Can I use this KBB print out to negotiate a lower trade-in value???
3. Please let me know what you think, law wise.
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