I searched this forum and did not find anything that addresses my concerns.
I registered my 2014 Passat SE TDI 6MT within a few of days VW opening its portal. I chose the 'FIX' option. As we all know there is now a fix for all the Gen-1, Gen-2, & Gen-3 cars EXCEPT for the Gen-2 2012-2014 Passat 6MTs. Who knows if a fix is ever coming.
I decided I would sell my 2014 back to VW when I found a replacement car. I found a very nice replacement car. I bought a nice low mileage 2015 Passat SE TDI 6MT that has the phase-1 fix and the extended warranty.
I logged back on to the portal and checked my 2014's buy-back value with the higher mileage it now has. The current buy-back is around $2.5k less than when I first registered the car for the fix. I understand how VW calculates the value using the NADA guide. I also understand I chose to keep the car and drive it instead of selling it back right away. By driving the car and adding miles, I lowered its value. I am a high mileage driver.
Here is my rub: I chose to keep the car in good faith that VW would come out with a fix. I'm not trying to get anything from VW that I'm not entitled to. VW is the one who is not keeping its end of the bargain. When i change my 2014's status to 'BUY-BACK' and get VW's offer, and that offer will be lower, do I have recourse to ask for the original buy-back price? Has anyone else negotiated a high offer based on this circumstance?
The settlement agreement doesn't address this situation with any significant detail.
I registered my 2014 Passat SE TDI 6MT within a few of days VW opening its portal. I chose the 'FIX' option. As we all know there is now a fix for all the Gen-1, Gen-2, & Gen-3 cars EXCEPT for the Gen-2 2012-2014 Passat 6MTs. Who knows if a fix is ever coming.
I decided I would sell my 2014 back to VW when I found a replacement car. I found a very nice replacement car. I bought a nice low mileage 2015 Passat SE TDI 6MT that has the phase-1 fix and the extended warranty.
I logged back on to the portal and checked my 2014's buy-back value with the higher mileage it now has. The current buy-back is around $2.5k less than when I first registered the car for the fix. I understand how VW calculates the value using the NADA guide. I also understand I chose to keep the car and drive it instead of selling it back right away. By driving the car and adding miles, I lowered its value. I am a high mileage driver.
Here is my rub: I chose to keep the car in good faith that VW would come out with a fix. I'm not trying to get anything from VW that I'm not entitled to. VW is the one who is not keeping its end of the bargain. When i change my 2014's status to 'BUY-BACK' and get VW's offer, and that offer will be lower, do I have recourse to ask for the original buy-back price? Has anyone else negotiated a high offer based on this circumstance?
The settlement agreement doesn't address this situation with any significant detail.
All input is welcome.Case 3:15-md-02672-CRB Document 1685-3 Filed 07/26/16 Page 17 of 29
22. How does continuing to drive my car affect my compensation?
Continuing to drive your car an average of 12,500 miles per year (around 1,000 miles per month) or fewer will not reduce your compensation under the Class Action Settlement. In fact, if you drive few enough miles per month, your payment might increase. Adjustments for driving more or fewer than 1,000 miles per month going forward will be based on NADA mileage tables.
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