32-6D-4 — Allowance for use of vehicle offset against monetary recovery.
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32-6D-4.
Allowance for use of vehicle offset against monetary recovery.
Refunds shall be
made to the consumer and any lien holders, as their interests may appear. There shall be offset
against any monetary recovery of the consumer a reasonable allowance for the consumer's use of the
vehicle. A reasonable allowance for use is that amount directly attributable to use by the consumer
before his first report of the nonconformity to the manufacturer or authorized dealer and shall be
calculated by multiplying the full purchase price of the motor vehicle by a fraction having as its
denominator one hundred thousand and having as its numerator the number of miles that the vehicle
traveled before the first report of nonconformity.
Source: SL 1993, ch 227, § 4.