Spoolin'Jim
Well-known member
Hi everyone,
So, the wife has a 2013 Beetle TDI convertible that the lease is up in August of this year. We were planning to simply buy the lease out at the end and keep driving it, but then Diesel Gate happened. I've read over the info I can find on the buy back and such, but it seems that unless you owned (not leased) your car before June 28th 2016 you will only be entitled to about 50% of the compensation owners will get. I've also seen that you will have your lease terminated no charge, but by the time this all gets settled, I'll be out of lease anyways. What I'm wondering is, can anyone shed some light on what would happen if I still went ahead and purchased my car at the end of lease? I hate to buy the car, then only get the lease compensation and be stuck with a car that I can't sell, or can at a great loss. If I were to get the buyback amount for it, then it would make sense to do it, but I haven't found any information for or against that idea.
So, the wife has a 2013 Beetle TDI convertible that the lease is up in August of this year. We were planning to simply buy the lease out at the end and keep driving it, but then Diesel Gate happened. I've read over the info I can find on the buy back and such, but it seems that unless you owned (not leased) your car before June 28th 2016 you will only be entitled to about 50% of the compensation owners will get. I've also seen that you will have your lease terminated no charge, but by the time this all gets settled, I'll be out of lease anyways. What I'm wondering is, can anyone shed some light on what would happen if I still went ahead and purchased my car at the end of lease? I hate to buy the car, then only get the lease compensation and be stuck with a car that I can't sell, or can at a great loss. If I were to get the buyback amount for it, then it would make sense to do it, but I haven't found any information for or against that idea.