Reuters is also reporting VW will offer buybacks to 500K US car owners as well as the 5K$. My guess it will be up to the owners choice. Buyback or 5K and a fix down the road. I doubt you will get both.
Cant wait on the microwave for popcorn I'm going straight to pretzels and beer. Cheers.
This makes some sense and I'm hopeful that you're right...VW says, we have an approved fix, but it needs some more testing and needs some tweeking for mass production and planning, so, here is $5,000 for you to hang in there, agreeing to a fix within x amount of months/years, pays Epa a fine......
Or, here's your buyback if you don't want to wait, whatever that looks like, we will see.
As any that followed my story knows, I want the hell out of my car, intercooler icing and HPFP grenade this year(took over a month to get VW to fix under warranty) on my '14 JSW with 30k miles. I will be first in line for a buyback, I'll waive whatever, just let me walk away from this thing.
I have a 6 yr low interest loan, I expected to hold on to this thing long enough not to worry about the depreciation curve, but I've lost all trust in the reliability of this car, and chastise me if you will, but I'm upset about the emissions cheating, so I want out, and I want out now. I've already picked out my car's replacement and set up a deal, just waiting for the VW to be out of my life to pull the trigger.