Question about buyback.

radereb

Active member
Joined
May 12, 2015
Location
USA
TDI
Jetta
I've been reading through the forum, various news sources, and some of the court cases about the buyback. From what I understand, if you owe more than what you receive from VW then VW will pay the remaining balance. For example, my wife has a 2011 JSW and she will receive around 17,000 for her car and she owes 19,000. So am I correct to assume that VW will take care of the remaining $2000?

Thank you for your help!
 

speedrye

Veteran Member
Joined
Jul 27, 2016
Location
Central NC
TDI
13 JSW DSG, 14 JSW DSG
You are correct. They'll do a loan payment amount up to 130% of the buyback value.
 
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