Cobra Jet
Well-Known Member
Do they brand the title? If not then I doubt it really diminishes the value especially if it was a factory replaced new engine. In fact, to some buyers it might even raise the value to know the engine is newer than the car itself. Hell, my 2020 had the mega cap TSB done last October at 13,000 miles, they had it down to a short block and having seen the level of some techs out there I’d have rather had a new engine. Probably would have been quicker too, since it had a front cover leak upon reassembly and they had it an extra 3 days to fix.
No and No.I guess that is the question, if I accepted the cash & keep option, will it show on the car's history as a Lemon Law Transaction? I saw a Carfax the other day that showed it was a "Lemon Law Buy Back".
If the Owner does not go through any actual Lemon/Buy Back Transaction - meaning Ford RAV paperwork is signed AND the collateral is returned to Ford, the VIN is NOT affected or flagged as a Lemon or Buy Back.
The only way the VIN can be tagged as a Lemon is the vehicle has to be turned over to Ford.
The major warranty work will most likely show on a VIN report and definitely will be in Ford OASIS/ETIS.
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