FORD ESCAPE 2021 VALUE DRIVERS

The firm continues to investigate these defects, which may be present in other Ford vehicles and model years. “Ford must be held accountable for its decisions that place millions of people at risk.”

FORD ESCAPE 2021 VALUE DRIVERS

“Ford has been aware of the defective components installed in these vehicles for many years yet has failed to timely inform drivers or offer a sufficient remedy,” said Fegan. Indeed, similar rollaway defects have resulted in the death of passengers. This defect concerns issues with a transmission cable that can detach, resulting in the vehicle rolling away without warning and leading to dangerous collisions. The firm is also investigating a second safety-related recall of 2013-2019 Ford Escape, 2013-2018 Ford C-Max, 2013-2016 Ford Fusion, 2013-2021 Ford Transit Connect, and 2015-2018 Ford Edge vehicles. “We’ve seen this time and time again: the resale value of cars with tarnished safety records can plummet, economically injuring every single vehicle owner.” “I am confident that the number of fires is likely higher, but the lack of awareness around the issue accounts for the under-reporting,” Fegan added.įegan noted that Ford owners who have not had their vehicles combust should also be concerned given the unaddressed risk of future fires, as well as the economic impact of the issue. In its NHTSA filings, Ford disclosed 16 instances in which the Ford vehicles named in the recall have caught fire. “This is a completely inadequate response to a defect that has significant safety implications to consumers.”

“What we find particularly troubling is that Ford still hasn’t offered a fix for the problem, rather telling owners to park their vehicles away from structures in case they burst into flames,” said Elizabeth Fegan, managing member of FeganScott. Ford has issued a recall for these vehicles, but FeganScott urges drivers to take caution.

Ford escape 2021 value