Confused About Restitution Payment on 2011 Sportwagen

JerryInOCMD

Active member
Joined
Sep 3, 2013
Location
Ocean City, MD
TDI
2011 Jetta Sportwagen
I've got a $20,000 offer on the table as we speak. I was ready to sell the car back, but lately I've been thinking about taking the $6,000 restitution payment, keeping the car, and paying off the small remainder on our used car loan.
But in looking at the details, am I understanding that no restitution money is disbursed until there is a fix?
This is the part of the letter that has me confused, but it seems to be referring to 2015 vehicles...
2/3 of payment is disbursed with first part of fix, and remaining 1/3 disbursed when final part of fix is completed.
Would an owner of a 2011 vehicle not expect money until a fix is issued and completed?
 

DanB36

Veteran Member
Joined
Jul 13, 2003
Location
Savannah, GA
TDI
2014 Q5 Prestige TDI, Monsoon Gray
am I understanding that no restitution money is disbursed until there is a fix?
That's correct. Nobody gets paid under the 2-liter settlement until they either sell back the car or get (at least part of) a fix. OK, there are a few other edge cases where people get paid, but they don't apply here.
 

ddorrer

Veteran Member
Joined
May 19, 2010
Location
WVa
TDI
2015 GSW Tdi, 2012 JSW Tdi DSG (Sold w/80k miles), 2010 Sportwagen TDI 6spd (Traded)
You could always sell it to the buyer with a contract contingency that the buyer agrees to pay you additional percentage of any future restitution payment based on your length of ownership.
 

GoFaster

Moderator at Large
Joined
Jun 16, 1999
Location
Brampton, Ontario, Canada
TDI
2006 Jetta TDI
I wouldn't recommend that. Price in the risk up front and make it a done deal up front. Doesn't sound like this is relevant to the original poster. If you go the fix route, it is likely a year away before the fix gets done and you get paid and your warrant extension starts.
 
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