How to do your buyback calculations (& post them here!)

2015vwgolfdiesel

Top Post Dawg
Joined
Jan 1, 2016
Location
Oklahoma
TDI
2015 VW Golf S DSG Silver
Maybe best to just drive 'em a while

You have until September 1, 2018 to tell VW you want them to buy it back. They have to complete the transaction by December 30, 2018.
2015 Golf (S) ~ TDI ~ DSG

One might just drive 'em for ~~ 30 months?

Is it true the bay back figure stays the same?:confused:

Condition is not a factor ??

In my case mileage is NOT a factor ~~ as I only drive very few miles.

BTW I checked NADA and the very low mileage (one year older Golfs') actually increase in value, 'bout $1,100 :eek:

Cost to me is gas, insurance, yearly registration, zero maintenance ~~ I guess????
 

dgoodhue

Veteran Member
Joined
May 3, 2014
Location
Framingham, MA
TDI
'14 6MT JSW
I am totally confused. Maybe its the fact that I am getting old but I can't figure out what my buyback would be.

Year/Model: 2015 Golf TDI SEL
Options: Fully Loaded
Mileage: EST. 27,500 at buyback
Region: Northeast (Laurel, MD)

Would someone with more knowledge of all this math be willing to help this old guy out? TIA
2015 can not be exactly calculated, only estimated. NADA had not release the Sept 2015 values, so VW has their own calculation. VW has created a look up table of VIN. The table is publically available, but the VIN are blacked out. You will have to wait until the VW settlement calculator goes live in July to find your value.
 

coolbreeze

Veteran Member
Joined
Apr 18, 2008
Location
Troutman NC
TDI
2015 Golf TDI SE DSG - 2016 Tig SE for the wifey
Thanks! Okay so I was subtracting off $810 (Mileage Adjustment for Buyback) from the base of $29,546 and came up with $28,736. The -$135 is for modification option right?
Your right. I used the mod correction, but I thought I read somewhere there could be further adjustments on 15's that is VIN specific?
 

youngman

Active member
Joined
Jun 28, 2016
Location
Columbia, SC
TDI
2003 Golf
Owners who purchased after September 2015....

How does one go about calculating for owners who purchased after Sept 2015.

Is it -50% of buyback number?
 

no-blue-screen

TDI Nut
Joined
Feb 9, 2006
Location
Maryland
TDI
TDI
2015 can not be exactly calculated, only estimated. NADA had not release the Sept 2015 values, so VW has their own calculation. VW has created a look up table of VIN. The table is publically available, but the VIN are blacked out. You will have to wait until the VW settlement calculator goes live in July to find your value.
Nice catch. I will have to wait. So this is basically the total amount VW would pay for both the buyback and "substantial financial compensation"? If so, its a rip off IMO.
 

2015vwgolfdiesel

Top Post Dawg
Joined
Jan 1, 2016
Location
Oklahoma
TDI
2015 VW Golf S DSG Silver
Your right. I used the mod correction, but I thought I read somewhere there could be further adjustments on 15's that is VIN specific?
Hopefully for the better (higher) amount

In my case the "one year older Golf" is HIGHER than my 2015

weird X 10
 

flyerchic2000

Well-known member
Joined
Dec 23, 2010
Location
So Cal
TDI
2011 Jetta TDI Nav Manual
2011 Jetta TDI Sedan

Year/Model: 2011 Jetta Sedan TDI 4D
Options: Navigation, Manual, Power Sunroof
Mileage: 76500
Region: California

Buyback restitution from attachment 1A
Base buyback: $17,117
Manual trans: -$840
Power Sunroof: $600
Navigation: $630
Total unadjusted buyback: $17,507

Mileage adjustment from attachment 2A
Projected mileage at buyback: 89,000
Months since Sept 2015 (assume buyback in October 2016): 13
Months X 1,042: 13,546
Adjusted mileage (89,000-13,546): 75,454
Buyback mileage adjustment: -540

Total buyback
$17,507 - $540 = $16967

And I just sent my last car payment in last month, so car is paid off.


If I drive equal to or less than the allotted 1,042 miles per month, if I wait until Sept. 2018 I will get the same amount of money or a little more than the amount above, correct?
 
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senez

Veteran Member
Joined
Dec 20, 2007
Location
Raleigh, NC
TDI
15 Passat DSG
2015 Passt 6MT w/ 37000 miles (projected to 49000 miles in Oct 2016)

$28427 Buyback
-$2340 Mileage Adjustment
$26087 October 2016 Buyback

If I hold it until May 2018
$28427 Buyback
-$5700 Mileage Adjustment (106,000 miles on car & 32 months from Sep 15)
$22727 May 2018 Buyback

Currently owe $21k on note. Would net ~$5k if turned in this October. Projected to owe $13k on note in May 2018. Would net ~$9-10k.

Hmm...choices choices. And barring an accident that makes this all moot.
 

zdman

Member
Joined
Aug 2, 2009
Location
Texas
TDI
09 Jetta TDI
Stipulation XIII.I says that if you have elected the fix, you will not be paid until the fix is performed. It's on page 36.
This will keep owners from taking the money and not getting the car fixed which makes sense except that it was not clear that an approved fix was agreed upon. Also, if there is compensation, it needs to be calculated based on present and not future value.
Last there is no mention of performance or mileage. Remember that they are saying the performance and mileage will not be less than 5% off. If not in stipulations, not binding.

So what if I have a 2009 and and want the payout only? If they never come up with a fix I don't get a payout for two more years?
 

coolbreeze

Veteran Member
Joined
Apr 18, 2008
Location
Troutman NC
TDI
2015 Golf TDI SE DSG - 2016 Tig SE for the wifey
How does one go about calculating for owners who purchased after Sept 2015.
Is it -50% of buyback number?
Figure your car value plus or minus mileage , then split the modifacation number in half and at it to you car value. If I am not mistaken you only share the VW penalty dollars. not the buy back car clean trade value.
 

dirtysouthjacket

Veteran Member
Joined
Jun 5, 2009
Location
Charlotte, NC
TDI
2012 Jetta TDI Premium 6MT, 2004 Jetta TDI GLS (sold)
2015 Passt 6MT w/ 37000 miles (projected to 49000 miles in Oct 2016)

$28427 Buyback
-$2340 Mileage Adjustment
$26087 October 2016 Buyback

If I hold it until May 2018
$28427 Buyback
-$5700 Mileage Adjustment (106,000 miles on car & 32 months from Sep 15)
$22727 May 2018 Buyback

Currently owe $21k on note. Would net ~$5k if turned in this October. Projected to owe $13k on note in May 2018. Would net ~$9-10k.

Hmm...choices choices. And barring an accident that makes this all moot.
I have been doing the same calculations as well. It financially makes since to wait, but the whole getting in accident makes me consider. I think it will come down to what incentives are offered by VW to get into a new car at the end of the year as well. But I am going to be driving extra carefully for a few months! :D
 

no-blue-screen

TDI Nut
Joined
Feb 9, 2006
Location
Maryland
TDI
TDI
Hopefully for the better (higher) amount

In my case the "one year older Golf" is HIGHER than my 2015

weird X 10
I agree they need to step up to the plate on the new cars they sold. No NADA then they need to pay back full sticker price for the fraudulent sales made on 2015 model years. They knew about the emissions issues in late 2014 and 2015 and yet they still continued to sell the cars until the EPA formally outed them.:mad:
 

Blindsider

Well-known member
Joined
Aug 15, 2012
Location
Upstate NY
TDI
10 JSW and 15 Golf dsg
No if you do the buyback you'll get the buyback amount minus 50% of the modification adjustment amount. But it might be after if theres still money and it could still be adjusted.


“Post-September 2015 Owner Adjustment” means the additional sum, if any exists, that must be offered to Eligible Owners who purchased an Eligible Vehicle after September 18, 2015 but before June 28, 2016, and who elect a Buyback or an Approved Emissions Modification under the Settlement Program. The Post-September 2015 Owner Adjustment is equal to the Eligible Seller Restitution funds for an owner’s Eligible Vehicle multiplied by the percentage of all funds set aside for Eligible Seller Restitution that are not claimed by Eligible Sellers, out of the total funds available for Eligible Seller Restitution.
KK. “Post-September 2015 Owner Restitution” means the monetary compensation that Defendant will pay to Eligible Owners who purchased an Eligible Vehicle after
September 18, 2015 but before June 28, 2016, and who elect a Buyback or an Approved Emissions Modification under the Settlement Program. The Post-September Owner Restitution is the sum of the following: (1) the Buyback Restitution amount or Approved Emissions Modification Restitution amount, as appropriate, for the Eligible Vehicle; (2) minus 50% of the Approved Emissions Modification Restitution amount (the amount specified in the second column of Attachment 1A or 1C); plus (3) a Post-September 2015 Owner Adjustment, if any.
 

AusTexRocker

Active member
Joined
Jan 8, 2010
Location
Austin, TX
TDI
2010 Golf 4 Dr-DSG-United Grey Metalic
2010 Golf

I believe the math is correct but will probably pass the next mileage threshold of 75k before the fat lady sings for a mileage adjustment of $0.

Base - $15467
Sunroof + $540
AT + $660
Mileage adj + 0
buyback = $16667

At the time of purchase (12/30/09) this was exempt from sales tax and got a federal rebate for being "green" vehicle. LOL! Man, I really love this car but this buyback may be hard to pass up.

I'll be interested in a 2017 GTI.
 
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jekl843

Well-known member
Joined
Mar 12, 2014
Location
CT
TDI
2011 Golf TDI (sold), 2002 Jetta TDI 5spd, 2017 GTI SE 6spd
2011 4D Golf TDI M w/ 118,000 miles in North East.
$18,527 base
+$270 dynaudio
+$480 sunroof
= $19,277 projected buyout pre-mileage adjustment

125,000 projected mileage at buyback in October 2016
-13546 miles (13 months x 1042)
=111,500 miles
-$2,160 mileage adjustment
$17,117 potential buyback w/ mileage adjusement

Modification Amount:
$5,577
+$45 dynaudio
+$80 sun roof
=$5702
-$360 mileage adjusement
=$5,342 modification amount w/ mileage adjustment

Bought it new and took a loan out back in Aprill 2011. I just made my final loan payment in April of this year. I'm really torn about keeping it and getting the moolah with the wonky fix or selling it back and putting a nice down payment on something new...

I don't want a gasser though, I'm a complete diesel convert now. I dream about that torque and the MPG...

decisions decisions
 
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youngman

Active member
Joined
Jun 28, 2016
Location
Columbia, SC
TDI
2003 Golf
So for examples:
2013 JSW - Buyback of $24,257 + $2,550 for miles = $26,807

And since it was purchased after Sept 2015, the modification amount of $6,532 is divided by 2 = $3,266 which gets subtracted from the buyback number.

So $26,807 - $3,266 = $23,541 is my buyout. Did I do that correct?
 

coolbreeze

Veteran Member
Joined
Apr 18, 2008
Location
Troutman NC
TDI
2015 Golf TDI SE DSG - 2016 Tig SE for the wifey
How does one go about calculating for owners who purchased after Sept 2015.
Is it -50% of buyback number?
If I am not mistaken the prior owner has to file for the compensation, if not I would guess you would receive the total mod value
 

Nuttendiesel

Veteran Member
Joined
May 5, 2012
Location
Seal Beach, CA
TDI
2013 Passat SEL with Malone 1.5 tune, 2014 535d, 2008 F250 6.4
If your car gets totaled, you are out a buyback. FYI...

This is a risk for sure, as i have a deposit for 2 model 3's (one for the wife and one for me) i feel the risk is worth it for me as even if Tesla is on time with their model 3 rollout i would probably not take delivery until 1st quarter of 2018 as I'm sure there are 100k resos ahead of me
 

Tri0de

Member
Joined
Sep 22, 2015
Location
Santa Rosa CA
TDI
2015 Beetle
2015 Beetle
14,700 miles

$28,136 buy back raw amount
+ 450 stereo
+150 sunroof
+150 navigation
$28,836
Minus $5100 mileage (2100 from charts plus additional adjustment)
$23,736 for buyback

Not good.

Can anyone double check me, please?
 

Blindsider

Well-known member
Joined
Aug 15, 2012
Location
Upstate NY
TDI
10 JSW and 15 Golf dsg
I'm pretty sure VW has their fingers crossed the majority of sellers don't know or file within the 45 day window. Theres nothing in the settlement about the owner getting the full amount if they don't apply. Add that into the comment phase and see if enough people talk about that it's added. Otherwise VW is just saving money.
 

Borsig

Vendor , w/Business number
Joined
Oct 22, 2009
Location
va
TDI
2015 Golf TDI SE, 2015 GSW SEL (buyback), 2011 JSW (sold)
But if I have a 2015, and have 30K miles right now - how does it benefit me to drive the car till 2018 then sell back?

I dont understand - wont I be taking a huge mileage loss? I drive 30K miles per year

ETA -

So if my buyback right now is 31,421
minus for milage -1140
30821 (a 2k cost to drive 1 year)
at July 2018, 90K miles
My payout would be 26891? Is that how I am to understand this? If thats the case then yes, youd be crazy not to drive it other than risk of a totaled car or mechanical failure that prevents buyback
 
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Nuttendiesel

Veteran Member
Joined
May 5, 2012
Location
Seal Beach, CA
TDI
2013 Passat SEL with Malone 1.5 tune, 2014 535d, 2008 F250 6.4
Neato! On my planet, we only have 12 months in a year.

Do the math, August 2014 to October 2018 = 50 months here on Earth.
So you see we are not calculating time based on Uranus
(a month on Uranus is over 85 months on Earth just in case you were wondering)
 

aja8888

Top Post Dawg
Joined
Dec 25, 2007
Location
Texas..RETIRED 12/31/17
TDI
Out of TDI's
2014 Passat TDI SE, DSG

Location: SW

Current miles: 26,200

Calculation:

Buyback amount = $27,077

Sunroof = +$810

Total (less miles adj.) = $27,887

(use 10/16 as per example; 13 x 1,042 = 13,546)

Figure 26,800 as final miles (have other car) - 26,800 - 13,546 = 13,254

From Table 2C - mileage adj = +$1,770

Payback Amount = $27,877 + $1,770 = $29, 657

Thank you VW! ;)
 

BuyMeBackSoon

Veteran Member
Joined
Jun 3, 2016
Location
Or
TDI
2013 golf
Without actually doing the math and lookup for you, the miles calc looks screwy.
2015 Beetle
14,700 miles

$28,136 buy back raw amount
+ 450 stereo
+150 sunroof
+150 navigation
$28,836
Minus $5100 mileage (2100 from charts plus additional adjustment)
$23,736 for buyback

Not good.

Can anyone double check me, please?
 

dgoodhue

Veteran Member
Joined
May 3, 2014
Location
Framingham, MA
TDI
'14 6MT JSW
But if I have a 2015, and have 30K miles right now - how does it benefit me to drive the car till 2018 then sell back?

I dont understand - wont I be taking a huge mileage loss?
You will take an additional mileage loss. Since 2015 values aren't complete known I will just look at the mileage deduction.

You car has 30K, basically by time any buyout happens its going to -$510 unless you start driving at slower pace. If you drive 2 more years from today and end up with 90k miles in July 2018. The mile adjustment would 10 + 24 months = 34 months x 1042 = 35428. Your mileage deduction would be $2340 or $1830 more than you will owe next month. It is going to tough to find a equivalent a car that only depreciates $915/year not too mention also driving 30k miles per year. Even if it crept in the next mileage category its only another $300 or a total of $2130 or 1065/year. You may need a set of tires by 90k miles, so maybe not want to go a full 2 years and sell it back when it needs tires.

Ultimately, it is your car and do what you feel is best. I am just doing the math. If the car break down and has an expensive repair, I don't want to be responsible...
 

jekl843

Well-known member
Joined
Mar 12, 2014
Location
CT
TDI
2011 Golf TDI (sold), 2002 Jetta TDI 5spd, 2017 GTI SE 6spd
2015 Beetle
14,700 miles

$28,136 buy back raw amount
+ 450 stereo
+150 sunroof
+150 navigation
$28,836
Minus $5100 mileage (2100 from charts plus additional adjustment)
$23,736 for buyback

Not good.

Can anyone double check me, please?
I don't think you're right here as you needlessly subtracted $5,100. If going the buyback option you'd have (assuming you have ~22k miles in October 2016:
$28,836 buyback w/ your options
+$660 mileage adjustment (assumes ~8500 miles, 22000 estimated miles in Oct 2016 - 13546 miles adjustment (13 months x 1042 miles))
$29,496 buyback option

Hopefully a better outcome!
 

dgoodhue

Veteran Member
Joined
May 3, 2014
Location
Framingham, MA
TDI
'14 6MT JSW
So for examples:
2013 JSW - Buyback of $24,257 + $2,550 for miles = $26,807

And since it was purchased after Sept 2015, the modification amount of $6,532 is divided by 2 = $3,266 which gets subtracted from the buyback number.

So $26,807 - $3,266 = $23,541 is my buyout. Did I do that correct?
Yes, that is correct.
 

Borsig

Vendor , w/Business number
Joined
Oct 22, 2009
Location
va
TDI
2015 Golf TDI SE, 2015 GSW SEL (buyback), 2011 JSW (sold)
You will take an additional mileage loss. Since 2015 values aren't complete known I will just look at the mileage deduction.

You car has 30K, basically by time any buyout happens its going to -$510 unless you start driving at slower pace. If you drive 2 more years from today and end up with 90k miles in July 2018. The mile adjustment would 10 + 24 months = 34 months x 1042 = 35428. Your mileage deduction would be $2340 or $1830 more than you will owe next month. It is going to tough to find a equivalent a car that only depreciates $915/year not too mention also driving 30k miles per year. Even if it crept in the next mileage category its only another $300 or a total of $2130 or 1065/year. You may need a set of tires by 90k miles, so maybe not want to go a full 2 years and sell it back when it needs tires.

Ultimately, it is your car and do what you feel is best. I am just doing the math. If the car break down and has an expensive repair, I don't want to be responsible...
If it breaks Im pretty sure youd just do the buyback - unless there is some clause..... especially if there is no fix out yet.

I might just do this. My loan is 0.9% anyway, and I paid 10K down on my car. My interest is only running a couple hundred dollars a year. Money is nearly free.

Its a bet/risk against someone totaling it - but even if there is an accident, as long as its not totaled - there is no loss of VW money.

It almost looks like for 2015 owners THE choice is to drive for 2 years.
 
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