OEM Tire Warranty calculating by tread depth?
I have OEM Hankook tires on my 2018 car that are hitting the end of usable
tread depth at 33k when they are warrantied for 70k.
Hankook has this in their warranty: "Adjustment for compensation will be
made on a pro rata basis calculated by multiplying the actual current dealer
selling price by the percentage of remaining usable tread depth"
But this doesn't make sense to me, since, if I have 1/32" of usable tread
depth and the tire costs $107 new, I would pay $3.34 for the new tire?
I just ask because I have done the prorated tire with mileage warranty before
with Firestone and I know the tire dealers hate it and I want to actually
understand the whole thing. But Firestone, I think like most tires, went by
mileage, not by usable tread depth, so it's all strange to me.
Thanks in advance.