3.0L Values Lower Than Expected

Has anyone else registering a 3.0L noticed that the amounts are lower than they should be?

I specifically found and photographed the September 2015 NADA guide for VW, Porsche, and Audi (2009 to 2015) at my local library and created a spreadsheet to give me vehicle values. However, the buyback and fix restitution values I get from the portal are substantially lower than they should be.

For example, on my 2013 Q7 Prestige, the September 2015 NADA guide shows a clean retail value of $46,800. The car has rear seat entertainment, Nav, Power Sunroof, etc. What I'm getting at is that it definitely shouldn't lose any value due to lack of options.

Based on the $46,800 clean retail, the fix restitution ($3596.74 + 10% of clean retail) should be $8276.74, but is instead showing up as $7866.74, which puts my clean retail value at only $42,700. The range of potential fix restitution for a 2013 Q7 Prestige listed in the Settlement is $8274-$8834.

This is a significant (over $4000 or ~10%) difference. What is going on here?

You have completely left out the mileage, so we can't check your math. How many miles?

flargabarg said:

You have completely left out the mileage, so we can't check your math. How many miles?

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For the repair restitution payment, mileage isn't a consideration, only options.

Oh! Then that seems pretty weird. I wonder if the claim line would be helpful? There were some 2012s that had totally wrong options associated with their VINs. These have since been fixed.

Flargabarg, I am not seeing how the math works either. I have 14's. A Q5 and a Touareg. I cannot make the simple math work either. I also have the NADA images from 9/15. This should a quick and easy process. I looked at the Amended Exhibit 3 and tried to make some sense from there, but again failed.

Mine is also complicated in that the Touareg I own is a special edition "X" which isn't in the guide at all. It's an limited edition upgraded Lux.

I am waiting to hear back from my class action atty. If I get a better explanation I will post more.

jking11 said:

Flargabarg, I am not seeing how the math works either. I have 14's. A Q5 and a Touareg. I cannot make the simple math work either. I also have the NADA images from 9/15. This should a quick and easy process. I looked at the Amended Exhibit 3 and tried to make some sense from there, but again failed.

Mine is also complicated in that the Touareg I own is a special edition "X" which isn't in the guide at all. It's an limited edition upgraded Lux.

I am waiting to hear back from my class action atty. If I get a better explanation I will post more.

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Please keep us posted on the response from the attorneys.

Also, if you'd care to share the "Estimated Fix payment" values you got and the Model/Trim of vehicles so we can get a bit of a database going, that would be great too.

What I'm trying to get at is that if they had some VINs wrong they certainly could have other ones wrong. The X thing has been an open question over on Club Touareg as well, so please do update us if you get a satisfactory answer.

Here is where I stand. Both vehicles have obtained the first approval. My wife and I are original owners of both vehicles, purchased new in 2014, and in Florida. There are no option uppers on the NADA for the Touareg. For the Q5 the only option I am unsure about is the driver assistance package, but I am assuming we do not have that and no options in the calculation below.

Mine 2014 Touareg X. Quote $7571.74. Amended Exhibit C Lux $7772 - $7784. Lux NADA calculation 3882.5 + 3596.74 = 7479.24

Wife 2014 Q5 Prestige S-Line. Quote $8389.24, Amended Exhibit C $8839 - $9114. NADA calculation 4955 + 3596.74 = 8551.74

Mileage numbers not necessary for this calculation.

So, clean retail:

2014 Touareg Lux should be $41,750 to $41,875
2014 Q5 Prestige S-Line should be $52,425 to $55,175

Instead, you're getting:

Touareg - $39,750 (5% reduction in value)
Q5 - $47,925 (8% to 13% reduction in value)

The Q5 difference is shocking. If they don't find a fix and end up buying the car back, you'd lose $7250 + tax at that valuation. Wow.

I am still waiting to hear back from my class action attorney about the "X". He claims they are looking into it. I have received both formal offer letters. Touareg went up to $7774.24 which puts it into the range expected. The Audi offer was unchanged.

After some trading email with my lawyer, the formula is simple and validating these numbers is simply 10% of the NADA value plus 3596.74.

As usual in our conversations, they talk of the fix being a done deal. They do not expect a buyback for Gen 2.0 3.0L cars.

I did notice the NADA pages I have are from November 2015, and not September. I cannot find the 2015 pages for September and for 3.0L's. I have found a few posts with images, but they don't have 3.0L data. Does any have these?

jking11 said:

I am still waiting to hear back from my class action attorney about the "X". He claims they are looking into it. I have received both formal offer letters. Touareg went up to $7774.24 which puts it into the range expected. The Audi offer was unchanged.

After some trading email with my lawyer, the formula is simple and validating these numbers is simply 10% of the NADA value plus 3596.74.

As usual in our conversations, they talk of the fix being a done deal. They do not expect a buyback for Gen 2.0 3.0L cars.

I did notice the NADA pages I have are from November 2015, and not September. I cannot find the 2015 pages for September and for 3.0L's. I have found a few posts with images, but they don't have 3.0L data. Does any have these?

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To follow up, mine were updated. Touareg was higher and Q7 for some reason had registered as a Premium+, rather than a prestige. Both issues fixed.

I don't like the way the attorneys are talking. Like you said, they seem so sure that the fix is a done deal, which worries me, because it will be on the attorneys to further litigate if performance does not meet the specified targets.

Basically, the EPA can approve a fix that massively increases DEF/fuel consumption and decreases power, and there is still no guarantee that the buyback will be triggered, only that VAG will pay a $500/vehicle penalty.

Fourplay said:

To follow up, mine were updated. Touareg was higher and Q7 for some reason had registered as a Premium+, rather than a prestige. Both issues fixed.
I don't like the way the attorneys are talking. Like you said, they seem so sure that the fix is a done deal, which worries me, because it will be on the attorneys to further litigate if performance does not meet the specified targets.
Basically, the EPA can approve a fix that massively increases DEF/fuel consumption and decreases power, and there is still no guarantee that the buyback will be triggered, only that VAG will pay a $500/vehicle penalty.

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Did you do anything to get it updated? Did it update in Offer Letter or some other place?

Yeah, when I finally received an offer letter, the value was the higher, correct value.

Fourplay said:

Yeah, when I finally received an offer letter, the value was the higher, correct value.

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Damn you got lucky, or I got UN-lucky haha

Got 3 offer letters today for cars with half restitution on them.