2015vwgolfdiesel
Top Post Dawg
IMO
Yes.
JULY 26th is the correct date.
And that should be the date we get the figures for the GEN 3 Mileage etc. etc.
How to do your buyback calculations (& post them here!)
- Thread starter da_jokker
- Start date
Yes.
JULY 26th is the correct date.
And that should be the date we get the figures for the GEN 3 Mileage etc. etc.
GetMore
Veteran Member
2010 JSW, DSG, Pano, Nav
130,000 miles as of June
Total value as of June: $14,400, or $9,300 for the car.
Estimating 190,000 miles at December of 2018, the value would be $13,525. $8,425 for the car.
So, the extra mileage will cost me $875, for 60,000 miles and two and a half years. The actual number should be lower, because we cannot turn the cars in yet, so there will be additional mileage charges, even if I get rid of the car on the day they start.
130,000 miles as of June
Total value as of June: $14,400, or $9,300 for the car.
Estimating 190,000 miles at December of 2018, the value would be $13,525. $8,425 for the car.
So, the extra mileage will cost me $875, for 60,000 miles and two and a half years. The actual number should be lower, because we cannot turn the cars in yet, so there will be additional mileage charges, even if I get rid of the car on the day they start.
Yankinwaoz
Veteran Member
2012 Passat Sedan 4D SE TDI
2012 Passat Sedan 4D SE TDI, as sold in NADA region California.
With Nav
With Sunroof
Estimated miles: 100k in November 2016
Mileage Adjustment: -14588
Effective miles: 85412
Buyback Amount $20,027
Miles deduction $2,940
Total buyback $17,087
I also tried 130K in December 2017. That reduces the buyback by $1140 to $15947. That means another 17 months of usage will cost me about $67 a month. Well... that is cheaper than a new car payment.
2012 Passat Sedan 4D SE TDI, as sold in NADA region California.
With Nav
With Sunroof
Estimated miles: 100k in November 2016
Mileage Adjustment: -14588
Effective miles: 85412
Buyback Amount $20,027
Miles deduction $2,940
Total buyback $17,087
I also tried 130K in December 2017. That reduces the buyback by $1140 to $15947. That means another 17 months of usage will cost me about $67 a month. Well... that is cheaper than a new car payment.
2013 Passat Sedan 4D SE TDI, as sold in NADA region Texas.
With Sunroof
Estimated miles: 28500 in October 2016
Mileage Adjustment: +3120
Effective miles: 14954
Buyback Amount $22,517
Miles addition $3120
Total buyback $26,417
I paid $25,800 for the car plus TTL and Interest paid on loan so far - Total cost is Approx $28,332
Take in consideration the $1000 Goodwill. Total cost to drive for 37 months would be $915!
At 800 miles per month, I am averaging about 740 per month now, my buyback total would be the same in December 2017.
The reasons I am 90% likely to turn in on day is:
1. Tires - My tires are basically squeaking in at buzzer. Replacement car will
have low mile or new tires.
2. Maintenance - All maintenance has been free so far but that ends at 30k maintenance. Anything else will cost me money. Most new or certified used cars come with at least 1 year of maintenance. (Soory I don't have the skills or tools to do it myself.
3. Warranty - Factory Warranty ends in September 2016. Replacement will have warranty of some type.
4. Fear of totaling - This is a slight fear but something that we all should consider.
With Sunroof
Estimated miles: 28500 in October 2016
Mileage Adjustment: +3120
Effective miles: 14954
Buyback Amount $22,517
Miles addition $3120
Total buyback $26,417
I paid $25,800 for the car plus TTL and Interest paid on loan so far - Total cost is Approx $28,332
Take in consideration the $1000 Goodwill. Total cost to drive for 37 months would be $915!
At 800 miles per month, I am averaging about 740 per month now, my buyback total would be the same in December 2017.
The reasons I am 90% likely to turn in on day is:
1. Tires - My tires are basically squeaking in at buzzer. Replacement car will
have low mile or new tires.
2. Maintenance - All maintenance has been free so far but that ends at 30k maintenance. Anything else will cost me money. Most new or certified used cars come with at least 1 year of maintenance. (Soory I don't have the skills or tools to do it myself.
3. Warranty - Factory Warranty ends in September 2016. Replacement will have warranty of some type.
4. Fear of totaling - This is a slight fear but something that we all should consider.
Mine is a 2011 Jetta Sportwagen with DSG and a pano roof. I've got 51k on the clock.
Base buyback number: $19067
Pano roof adjustment: +540
Mileage adjustment: +2070
Total buyback number: $21677
I paid $17,500 in March of 2015. $1500 in tax last year, $300 this year. DSG service last summer, new tires last summer, total about $1200. Those items have ~10K miles on them.
The buyback works for me, I guess. Myself and everyone who's ever ridden in/driven the car has had nothing but great things to say about it.
It'll probably stay parked in the garage while I tool around in my '01 Toyota Avalon and '95 GMC half-ton until the buy it back.
Base buyback number: $19067
Pano roof adjustment: +540
Mileage adjustment: +2070
Total buyback number: $21677
I paid $17,500 in March of 2015. $1500 in tax last year, $300 this year. DSG service last summer, new tires last summer, total about $1200. Those items have ~10K miles on them.
The buyback works for me, I guess. Myself and everyone who's ever ridden in/driven the car has had nothing but great things to say about it.
It'll probably stay parked in the garage while I tool around in my '01 Toyota Avalon and '95 GMC half-ton until the buy it back.
Rico567
Top Post Dawg
This thread illustrates very well how complex any buyback calculation can be, depending on the individual case. With our car everything comes out about right. We're getting back nearly what we paid for the car, and our optimum turn-in date should be Summer '18, because our powertrain warranty should expire about then. We'll have to put tires on before then, and, yeah, there's some marginal risk of totalling the car, but those would be true if all this had never happened.
It's been a good reliable car and we like it, so there's no reason to be in a hurry to turn it back in— particularly when added to the fact that the car is pretty much depreciation-proof during this time.
It's been a good reliable car and we like it, so there's no reason to be in a hurry to turn it back in— particularly when added to the fact that the car is pretty much depreciation-proof during this time.
2015vwgolfdiesel
Top Post Dawg
That's got to be the best part of the deal
In my particular case it might even go because I drive so few miles
edge130
Veteran Member
Math error in fiquring total buyback.
My take on the attachments that are part of the settlement that try to determine your total value seem to be incorrect.
One attachment shows a fiqure that already combines the clean trade in value, plus the restitution amount. The other attachment has the mileage tables and tells you to simply add or subtract from the privious attachment.
But the definition, vehicle value is the clean trade in value, then adjusted for mileage and options. This total fiqure then becomes the vehicle value.
Then, and only then, would you apply the restitution amount, which is a percentage of the vehiclle value plus the fixed dollar amount.
I think this helps you if you have low mileage, and hurts you if you have high mileage.
My take on the attachments that are part of the settlement that try to determine your total value seem to be incorrect.
One attachment shows a fiqure that already combines the clean trade in value, plus the restitution amount. The other attachment has the mileage tables and tells you to simply add or subtract from the privious attachment.
But the definition, vehicle value is the clean trade in value, then adjusted for mileage and options. This total fiqure then becomes the vehicle value.
Then, and only then, would you apply the restitution amount, which is a percentage of the vehiclle value plus the fixed dollar amount.
I think this helps you if you have low mileage, and hurts you if you have high mileage.
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bobthefarmer
Veteran Member
- Joined
- Aug 11, 2013
- Location
- Indianapolis
- TDI
- 2006.5 Jetta Mk 5 192K miles; 2012 Car of the Year, Passat Tdi SE+Nav in blue nightgown, shod in 18 inch heels
2012 Passat SE
Sun Roof and Nav (18" wheels)
60K miles
21,737 Buy Back
6112 Fix
It would have cost me $10K & Fuel/license/insurance for 4 years ownership
How much of the 6112 goes towards the resolution fix?
Sun Roof and Nav (18" wheels)
60K miles
21,737 Buy Back
6112 Fix
It would have cost me $10K & Fuel/license/insurance for 4 years ownership
How much of the 6112 goes towards the resolution fix?
Good day TDI forumites… am I off my rocker here?
My 2011 Golf 2 Door manual TDI with a Power Sunroof has 62K miles.
Looking at this I can run the car for an entire year and 14K miles yet receive the exact same amount as I would this Fall.
I can run for 2 full years and 42K miles for only $1K out of pocket!
Is this lack of depreciation really correct?
… If the car is wrecked… I assume the 'Fix+Cash' is the only restitution that will be received… even though VW has to totally crush the cars they receive in a buyback? Essentially $5K vs $18K in-pocket. Is this correct?
I am worried about keeping the car due to expensive repairs around the emissions components and decreasing availability of quality fuel. So far I have experienced:
Why Keep:
My 2011 Golf 2 Door manual TDI with a Power Sunroof has 62K miles.
- If I turn the car in October 2016 with 66K miles I will receive $18,767
- If I turn the car in October 2017 with 80K miles I will receive $18,767
- If I turn the car in October 2017 with 85K miles I will receive $18,137
- If I turn the car in October 2018 with 104K miles I will receive $17,987
Looking at this I can run the car for an entire year and 14K miles yet receive the exact same amount as I would this Fall.
I can run for 2 full years and 42K miles for only $1K out of pocket!
Is this lack of depreciation really correct?
… If the car is wrecked… I assume the 'Fix+Cash' is the only restitution that will be received… even though VW has to totally crush the cars they receive in a buyback? Essentially $5K vs $18K in-pocket. Is this correct?
I am worried about keeping the car due to expensive repairs around the emissions components and decreasing availability of quality fuel. So far I have experienced:
- DPF cracked. I was told this would have been a $5000+ repair (plus any other damage due to the DPF cracking), but it was 'just' covered under 8 year/80K fed warranty.
- Twice the car has been towed after it stopped running, the dealership claiming the problem was subpar fuel… The fuel has been from an active truck station that the dealership itself recommends using.
- The EGR locked up and had to be replaced.
Why Keep:
- I have meticulously kept the vehicle clean and taken measures to prevent (and halt) any rust, monthly (weekly during salt season). It is doubtful that a comparable class used car in the 18K range will have been as well maintained. It is also very difficult to find used comparable cars with manual transmissions.
- I upgraded the brake system and replaced the tires days before the scandal broke out.
- I upgraded the lighting to all LED
- The mirrors have been swapped for Aspherical units
- A seat drawer has been added
- The dealer installed BT phone adapter & Rust electrical eliminator
- It has a lovely frostheater installed.
- It is a fantastically comfortable vehicle.
- Essentially -> I have more money in the car than the ‘base’ assumptions account for.
DanB36
Veteran Member
Yes, it is.
That isn't correct. If they develop an approved fix, they're free to install the fix on the cars they buy back and then re-sell them (either in the States or abroad). Or they can part out the cars, with the exception of the ECU, DPF, and some other specific emissions-related parts.
bmwM5power
Veteran Member
- Joined
- May 3, 2007
- Location
- Rochester NY
- TDI
- 15 GSW TDI S 6MT 02 JETTA TDI GLS 5MT 15 GOLF TDI SE 6MT 15 GOLF TDI SEL DSG
so according to the calculator in post # 1 if you dont drive the car ( no mileage increase) and keep it for one more year (lets say till december 2017) the buyback amount is gonna go up? is that true? is this really gonna be like that? in my case it went up more than a grand
turboBear
Well-known member
Depending upon your mileage, yes that is possible.
Stealth TDI
Pre-Forum Veteran Member
Is it really worth $1000 to let a car that has an insurance payment sit for a year? Not asking if gaining $1000 is possible; instead, is it really WORTH it?
bmwM5power
Veteran Member
- Joined
- May 3, 2007
- Location
- Rochester NY
- TDI
- 15 GSW TDI S 6MT 02 JETTA TDI GLS 5MT 15 GOLF TDI SE 6MT 15 GOLF TDI SEL DSG
don't really have to pay insurance if it sits for a year, and it goes up $1100 to be precise for 2013 Golf TDI 4D 47K mi
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aja8888
Top Post Dawg
Or you could just drop collision/comp and minimize the liability (state min to keep registration active). Then park it in the garage with battery tender.
wutech
Well-known member
Why do I need to calculate my buyback when a local used car lot already has! This is funny!!
aja8888
Top Post Dawg
It would be real nice if you could reduce your photo so that it fits the website view.
wutech
Well-known member
Don't use the web site so no idea how it shows up there.
Johncn
Member
Bought new in 2010, and currently in immaculate condition with 34,500 miles.
No mechanical or cosmetic issues at all. Looks nearly showroom.
2010 Jetta SportWagen 4D TDI w/ Power Sunroof (SE Region)
Buyback Estimated Mileage 35,500 (October, 2016 Estimate)
Buyback Base: $15,407.00
Sunroof: $600
Mileage Adjustment: $4,320.00
Estimated Buyback Total: $20,327.00
Estimated Modification Alternative: $5,877.00
The problem for me is that we got it just before retiring so we wouldn't have a car payment. Income far less now.
We LOVE this car, but can't get anything else we want new for the buyback amount - even adjusted.
Sigh.
No mechanical or cosmetic issues at all. Looks nearly showroom.
2010 Jetta SportWagen 4D TDI w/ Power Sunroof (SE Region)
Buyback Estimated Mileage 35,500 (October, 2016 Estimate)
Buyback Base: $15,407.00
Sunroof: $600
Mileage Adjustment: $4,320.00
Estimated Buyback Total: $20,327.00
Estimated Modification Alternative: $5,877.00
The problem for me is that we got it just before retiring so we wouldn't have a car payment. Income far less now.
We LOVE this car, but can't get anything else we want new for the buyback amount - even adjusted.
Sigh.
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2015vwgolfdiesel
Top Post Dawg
DanB36
Veteran Member
Yes, it's today, and yes, that's the site. I would expect it to go live some time later in the day, and not for another couple of hours at least. The hearing doesn't start for another hour at least.
2015vwgolfdiesel
Top Post Dawg
It might be horrible to hear
There are some new Asian cars out there in the $20,000 range
I was kicking tires and found a 2016 Camry LE at way less than the MSRP.
(approx) $19,000
2015vwgolfdiesel
Top Post Dawg
DanB36
Veteran Member
Oh, FFS. Seriously? Just open the site, and don't worry about whether the judge says OK?
Armby
Veteran Member
Really?! You have been waiting almost 10 months and you can't wait another few hours to do a query to get an answer you already know. My 3 year old has more patience.To hell with the hearing
get off their nobleness and open the site.
aja8888
Top Post Dawg
I hate to tell you this, but I would guess that the Judge and others have more than this case to handle.To hell with the hearing
get off their nobleness and open the site.
And nothing will happen for owners of cars until the snow flies anyway!
So, what's you big hurry? Car on fire?