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General VW Discussion This is a place for General VW topics (the company, not your vehicle). General topics about a specific vehicle should be posted in the General TDI Dicussion Forum sections for that vehicle platform. A4, A3 & B4, B5, etc.

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Old July 7th, 2016, 11:53   #1
elcid86
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Default Am I crazy for considering buying another (to then turn in)?

Am I the only one thinking of flipping a TDI? Or am I missing something in the proposed buy-back terms that prevents that?

I found a pretty good deal on a local car that could be bought and turned in for several thousand dollars.

Crazy? Thanks.
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Old July 7th, 2016, 12:04   #2
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No, you aren't the only one thinking of it, and I'm pretty sure I'm not the only one who's done it.
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Old July 7th, 2016, 12:12   #3
elcid86
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Originally Posted by DanB36 View Post
No, you aren't the only one thinking of it, and I'm pretty sure I'm not the only one who's done it.
Thanks!
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Old July 7th, 2016, 14:35   #4
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You and previous owner split it......bought after 9/15/15, you only get a percentage,not full value. Not gospel,I read it in a news article-I'd do some research before doing it.I'm curious on how all the used ones for sale now at used car dealers will shake out.....
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Old July 7th, 2016, 17:48   #5
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There are at least a few threads discussing this in more detail in the Dieselgate forum. In short, an owner who sells after 6/28 gets nothing, and there's at least a fair argument that a post-6/28 buyer gets full buyback.
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Old July 7th, 2016, 19:04   #6
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No, you aren't the only one thinking of it, and I'm pretty sure I'm not the only one who's done it.
I've hit it 3 times...and looking for #4.
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Old July 8th, 2016, 01:26   #7
elcid86
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Originally Posted by tdidieselbobny View Post
You and previous owner split it......bought after 9/15/15, you only get a percentage,not full value. Not gospel,I read it in a news article-I'd do some research before doing it.I'm curious on how all the used ones for sale now at used car dealers will shake out.....


This doesn't sound right. How do they get paid? What if it's from a dealer...?
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Old July 8th, 2016, 01:28   #8
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I've hit it 3 times...and looking for #4.


You must have a big driveway! I think my neighbors would be a bit irritated (but I am thinking about it!)
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Old July 8th, 2016, 01:31   #9
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You must have a big driveway! I think my neighbors would be a bit irritated (but I am thinking about it!)
Not big enough...heh. Do what you gotta do. Early bird gets the worm. Pay no attention to any sob stories.
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Old July 8th, 2016, 06:51   #10
stoner-tdi
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so how does this work? I have access to some cash in hand and flipping sounds good...

-are the settlements happening right now? or is it buy and wait?
-are you buying from people or dealers?

I don't think I will be stepping on anyone's toes if I buy a few I think there are enough.. for dieselgate talk im not referring to how much will I get back... I already know the numbers are in my favor if I buy cheap.. I would like to know the buying side please
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Old July 8th, 2016, 16:30   #11
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Not big enough...heh. Do what you gotta do. Early bird gets the worm. Pay no attention to any sob stories.

You've tagged and insured all of those cars your picking up? If not, I would make extra sure that they would qualify. I am sure buried deep in the court documents on page xxxx, subsection yyyy, paragraph zzz, that there is a some clause about trading in mulitple TDI's purchase after Sept 2015. Otherwise why wouldn't a use car dealer pick them up at auctions and such...
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Old July 10th, 2016, 02:32   #12
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You've tagged and insured all of those cars your picking up? If not, I would make extra sure that they would qualify. I am sure buried deep in the court documents on page xxxx, subsection yyyy, paragraph zzz, that there is a some clause about trading in mulitple TDI's purchase after Sept 2015. Otherwise why wouldn't a use car dealer pick them up at auctions and such...
All titled, registered and insured. All titles verified as clean, and all VINs verified as eligible vehicles prior to purchase. Luckily I can store a couple at my place of employment, which is gated with video. I haven't found any text in the settlement docs which sets a limit on the number of vehicles any one person can turn-in, so I'll continue buying if the price is right.
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Old July 18th, 2016, 23:28   #13
MKVI_TDI
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Just be careful because if the previous owner owned the car when dieselgate broke then you will likely be splitting the buyback with the previous owner. It seems that even applies if the previous owner traded it in to a dealer.
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Old July 19th, 2016, 07:05   #14
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Just be careful because if the previous owner owned the car when dieselgate broke then you will likely be splitting the buyback with the previous owner. It seems that even applies if the previous owner traded it in to a dealer.
you will only be splitting the restitution portion. Current owner will receive fill buyback amount + 50% restitution + up to 50% of eligible seller's restitution depending how many eligible sellers come forward
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Old July 19th, 2016, 20:35   #15
TdiSandiego
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If you buy it after the june 28th announcement, the previous owner gets zilch.
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