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Go Back   TDIClub Forums > VW TDI Discussion Areas > Dieselgate - VW Group Emission Scandal

Dieselgate - VW Group Emission Scandal Discussion around the VW Dieselgate Emissions scandal. Details and news updates can be viewed here: http://forums.tdiclub.com/showthread.php?goto=newpost&t=448336 This forum is a work in progress depending on requirements, usage, etc.

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Old June 28th, 2016, 10:10   #1
da_jokker
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TDI(s): 2009 Jetta
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Lightbulb How to do your buyback calculations (& post them here!)

Forget all my stuff.. there is a potential issue because it doesn't do a good job of handling the $5100 min. Just go with...

Quote:
Originally Posted by alightner View Post
I'm a long time lurker, now turned new member.
I like to crunch numbers, so I finally had something worth adding to the discussion.

I wrote a proposed buyback calculator too...
http://phpbbcalendarmod.com/buyback/...hp/calculator/

I also took time to analyze some of the extreme outlier cases:
http://phpbbcalendarmod.com/buyback/...reme-outliers/

Enjoy!
---------------------------

Moderator addition:

GeekDrew has been kind enough to create an unofficial calculator where you can plug in all of your information and get your buyback or fix compensation amount.

Buyback calculator: http://byebyetdi.us

---------------------------








The posts are just a mess this morning.. hard to follow with so many different threads.

Just thought it would be nice if we has a specific thread just for those of us that are Legal\Math challenged.


Seems like this would be more helpful if we kept this thread for the straight up Buyback math. Excluding people that want to keep their cars, or people with leases, or people that are underwater on their loans where they fall into that 130% math.

or maybe nobody cares and I'll be the only one that posts. Anyway so here it goes.


Step # 1

Using the PDF file https://www.ftc.gov/sites/default/fi...tion_table.pdf to find your Model.. refer to the Buyback column #1

At the end of that Year block, you will see a section for "Options" .. adjust Col #1 accordingly

THIS IS YOUR BASE NUMBER


In my example, I have a 2009 Jetta Sedan in California with 0 options so my base is $12,527


Step # 2

Find the Mileage Adjustment PDF file for your situation from https://www.ftc.gov/enforcement/case...up-america-inc .... Should be one of the "Attachment 2x" files


Here is where it gets tricky, Many people are adjusting for JUNE.. but the buybacks will not occur until Sept or Oct. Playing it a little safer, using OCT as the adjustment factor, we get a number of 13,546. (Thanks for the catch)


So take your PROJECTED mileage for October and subtract 13,546 from it. Now, use that result, to look in the left "Adjust Mileage" column to find where it crosses. Read to the right to find your Year and get the "Buyback" adjustment.

THIS IS YOUR MILEAGE ADJUSTMENT


In my example, I have an Oct Projected mileage of 101,120. So 101,120 - 13546 = 87,574. This maps out to an adjustment figure of $0

Step #3


Add or Subtract your Mileage Adjustment (Step 2) from your base value (step 1).. this is your Estimate for a straight forward buyback.

In my example $12,527 - $0 = $12,527 total Buyout estimate.


Note**: If that final number happens to falls below $5,100.... then you will get $5,100.

**I think this last part is incorrect. After re-reading the section in the summary, the 5,100 applies to the "compensation" value and not the overall buyback. However, since we do not have our Sept 2015 numbers to do the "20% of the Vehicle Value plus $2,986.73" all we can do is ASSume for now Col 1 already took that into consideration. All this means is that for anyone that has done the math and ended up below 5,100... your end result may be what you actually got and no bump for you. Sorry

Last edited by GeekDrew; July 1st, 2016 at 16:56. Reason: His is better than mine
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Old June 28th, 2016, 10:13   #2
Philpug
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So, the $5,100 is a minimum? Cool beans. Thats another $500 for me.
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Old June 28th, 2016, 11:56   #3
SkeeterMark
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Default The definitive "How to calculate your buyback"

Here's how to calculate your VW buy back and fix options (I'll use mine as an example):

BUY BACK

NOTE: The number you end up with through this process is your final restitution number. There is no other compensation on top of this number. It is considered to be your car's FMV as of Sept, 2015 plus a compensation amount included, which is why it is so much higher than your car's actual FMV in Sept, 2014.

If you have owned your vehicle since Sept. 18, 2015:
Reference tables in Attachment 1A: Buyback and Approved Emissions Modifications Restitution
https://www.ftc.gov/sites/default/fi...tion_table.pdf
Find your vehicle in the table according to Model, Year, and your location (https://www.ftc.gov/sites/default/fi...egion_list.pdf)
Now start with the number under “Buy Back” (Column 1)

Sample:

Buy Back amount from table (Attachment 1-A)

2013 Jetta (Midwest) $21,647

Make adjustments to this number according to the options you have by using the numbers in Column 1 under "Options" from Attachment 1-A

No power tran; - 870
Power Seat; + 330
Fender Stereo; + 440
Power Sunroof; + 660
$22,207

Now you will need to adjust this number for the mileage on your vehicle using the table in Attachment 2A-2C
Start with your current mileage.

My Current Mileage = 108k

Now adjust for your mileage back to September, 2015 by multiplying the number of months since Sept., 2015 to the date of buyout. I will use today as an example, so 10 months.

1,042 x 10 = 10,420

Subtract that from your current mileage.

108,000-10,420 = 97,580 adjusted miles

Look up the amount in the table in Attachment 2A-2C under the column "buyback" corresponding to your model, year, and the adjusted mileage figure from above. The number may be a positive number (if you have very low miles), zero, or a negative number (for higher mileage vehicles).

97,580 miles adj =
- $3,990

Adjust your buy back number by adding the mileage adjustment to your previous buy back number.
Final Buyback offer from VW = 22,207+(-3,990)=

$18,217

IF YOUR MILEAGE ADJUSTMENT IS A NEGATIVE NUMBER (HIGH MILEAGE), YOUR BUY BACK IS REDUCED BY THAT MUCH. A POSITIVE NUMBER (LOW MILEAGE) INCREASES YOUR BUY BACK.

I don't think it is possible, but if your buy back were to be less than $5,100, you would receive a minimum payment of $5,100.

-----------------------------------------------------------------------------------------------

FIX OPTION (MODIFICATION)

If you have owned your vehicle since Sept. 18, 2015:
Reference tables in Attachment 1A: Buyback and Approved Emissions Modifications Restitution
https://www.ftc.gov/sites/default/fi...tion_table.pdf
Find your vehicle in the table according to Model, Year, and your location (https://www.ftc.gov/sites/default/fi...egion_list.pdf)
Now start with the number under “Modification” (Column 2)

Sample:
Amount from table (Attachment 1-A)
2013 Jetta (Midwest) $6,097

Make adjustments to this number according to the options you have by using the numbers in Column 2 under "Options" from Attachment 1-A

No power trans - 145
Power Seat + 70
Fender Stereo + 110
Power Sunroof + 120
$6,252

Now you will need to adjust this number for the mileage on your vehicle using the table in Attachment 2A-2C
Start with your current mileage.

My Current Mileage = 108k

Now adjust for your mileage back to September, 2015 by multiplying the number of months since Sept., 2015 to the date of buyout. I will use today as an example, so 10 months.

1,042 x 10 = 10,420

Subtract that from your current mileage.

108,000-10,420 = 97,580 adjusted miles

Look up the amount in the table in Attachment 2A-2C under the column "Mod Adjustment" corresponding to your model, year, and the adjusted mileage figure from above. The number may be a positive number (if you have very low miles), zero, or a negative number (for higher mileage vehicles).

97,580 miles adj =
- $665

Adjust your Modification Restitution number by adding the mileage adjustment to your previous number.

Final Modification Restitution offer from VW = 6,252+(-665)=
$5,587


IF YOUR MILEAGE ADJUSTMENT IS A NEGATIVE NUMBER (HIGH MILEAGE), YOUR AMOUNT IS REDUCED BY THAT MUCH. A POSITIVE NUMBER (LOW MILEAGE) INCREASES YOUR PAYMENT.

IF YOUR NUMBER IS LESS THAN $5,100, YOU WOULD GET THE MINIMUM OF $5,100.
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Last edited by SkeeterMark; June 29th, 2016 at 06:01.
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Old June 28th, 2016, 11:58   #4
gliitch
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Thanks
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Old June 28th, 2016, 12:26   #5
andydg
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I took an image of the mileage when I filled up back in September, because I forget while filling out the fuelly stats.... Anyway, looks like I'll get enough to pay off the vehicle and have some left over to fill the tank a few more times.
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Old June 28th, 2016, 15:24   #6
VeeDubTDI
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Post your buyback calculations here, folks! Please keep general dieselgate discussion in the other main sticky thread.
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Old June 28th, 2016, 15:26   #7
radereb
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Okay I am not very good at math. I teach history and I have always had trouble with math. I want to make sure I am calculating everything correctly. My 2013 Jetta sedan is worth $21,677 I have 68,000 miles on it right now and if I calculate it for June I subtract 9,378 giving me 58,622. If I do the same but for October I get 54,454. After adjusting it for mileage I am coming up with $20,137 based on the June figures and $20,557 based on the October figures. So will I get $20,000 or so for my car if I chose for VW to buy it back?

Or is the $20,000 figure the amount of the buy back and the compensation? So would I get around $15,000 for the buy back and $5,000 or so in compensation?
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Old June 28th, 2016, 15:34   #8
fredthe
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Default How I read the $5,100 "minimum"

OK, here's my take on how to figure out what you'll get, with the $5,100 minimum accounted for. This is explained on the forms, but not in the clearest way possible unless you are used to reading government forms

1. Start by ASSUMING YOU ARE DOING THE MODIFICATION. Figure out how much they will pay you using the "mod" column of both the base and adjustment tables.

2. Look at that number.
Is it greater than $5,100?
- Yes: Do you want Modify or buy-back?
- Modify: That is how much you will get paid.
- Buy back: No adjustment needed
- No: Do you want Modify or buy-back?
- Modify: You will get $5,100
- Buy back: Subtract your number from $5,100, and remember this. It is the adjustment you will need to apply.
For example, if you figured a $4,000 payment to modify, the adjustment will be $1,100
3. Now, go figure out the buy back using the buy back columns to figure out the payment.

4. Add any adjustment (from 2 above, $1,100 in my example) to that buy back payment value.

The buy back column already has the extra compensation built in (the same as the mod value), but needs to be adjusted to make sure that you get at least $5,100 in compensation.
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Last edited by fredthe; June 28th, 2016 at 15:36.
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Old June 28th, 2016, 15:42   #9
CHawk
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Year/Model: 2011 Golf TDI 4D
Options: Dynaudio, DSG
Mileage: 38,500
Region: (The Great) Pacific NW

Buyback restitution from attachment 1A
Base buyback: $18,557
Dynaudio: $270
Automatic trans: $750
Total unadjusted buyback: $19,577

Mileage adjustment from attachment 2A
Projected mileage at buyback: 39,500
Months since Sept 2015 (assume buyback in October 2016): 13
Months X 1,042: 13,546
Adjusted mileage (39,500-13,546): 25,954
Buyback mileage adjustment: +$2,280

Total buyback
$19,577 + $2,280 = $21,857
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Old June 28th, 2016, 15:48   #10
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I will say I am not happy with mine. There is a $3,500 drop from 2011's to 2010, but only $1,000 from 2010 to 2009. Right now my buyout is in the 12's. I am not sure I would sell it for that number yet it is still undetermined if the Gen1 cars can even be fixed so what are my options then?
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Old June 28th, 2016, 15:49   #11
str1ck
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Here is my Buyback
2015 GSW S Projected October miles 20,000
$25771 Buyback Value Adjusted mileage 20,000 - 13546 = 6454 Mile
+$510 Mileage Adjustment
$26281 Total Buyback Value
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Old June 28th, 2016, 15:53   #12
avid
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Quote:
Originally Posted by Philpug View Post
I will say I am not happy with mine. There is a $3,500 drop from 2011's to 2010, but only $1,000 from 2010 to 2009.
If you remember the 2011 MSRP dropped something like $2500 from the '10 model. Making that discrepancy look even more mystifying.
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Old June 28th, 2016, 15:54   #13
qwaszxxx
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Default 2012 Golf TDI w/Tech

Buyback Value: 20,297

Adjusted Mileage: + 270

Options:
Dynaudio Stereo System + 300
Power Sunroof, CA + 570
Navigation System + 600
Automatic Trans + 750

Total Buyback: $22,787

Purchased car new in 2012 for roughly 32,000 + TTL. Interestingly when I purchased the car, these options were available only as part of the tech pkg. Here, they are broken out individually, and don't account for xenon headlights.

All in all, not so thrilled with this buyback amount. If I were to purchase a new, equally priced car, after taxes, I'd owe close to $10k after TTL. Doesn't exactly feel like I'm being made "whole." So my choices are to wait for a fix we know won't come, drive a polluting car and pocket a little dough, or go into debt to pick up a new ride. Not great.
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Old June 28th, 2016, 16:01   #14
tjdeerslayer37
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2013 jetta premium 6mt
105,000 miles
$21,647 + options = $22,187
assume october, 105,000-13,546=91,454
$22,187-$3,690=$18,497 final payout

If we're required to pay vw loans up until they hand us a check, i will owe $6,667 (roughly) in october. therefore i will be paying off my car and getting $11,830 to spend on a new Canyon diesel.
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Old June 28th, 2016, 16:02   #15
Circuit
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Current Mileage - 132,222
Today's Date - 6/28/2016
# Months Since 9/2015 - 9
Mileage Adjustment - 9,378

Adjusted Mileage - 122,844

Mileage Adjustment - $2,370 (120k-125k)

Un-adjusted Buyback Amount - $14,687 (Jetta 2010 Sedan 4D TDI California + Power Sunroof)

Total Adjusted Buyback Amount - $12,317
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