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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, 18:58   #46
TCBinaflash
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Quote:
Originally Posted by brettsacto View Post
2010 TDI 4dr Sedan - DSG and Sunroof

Base Buyback - $14087
Buyback premium/penalty to VW: $4837
Buyback options - $100

Total buyback amount: $19024

Mileage hit at anticipated sale in October - 120k miles
Take away 13546 - 106,454.

Mileage hit - -$1680

19024 - 1680 = 17,344

Total net sale at buyback - $17,344

Goodwill compensation package - $1000

Total cash and prizes to me - $18,344.00

Goodbye VW TDI, hello BMW 328d

Additional cannon-fodder numbers:

Bought the car as a 3yr old CPO for $18,250 (plus tax & license) with 36k on the clock.

4 years, 77k miles - paid for gas, tires and maintenance = free car for the last 4 years.
Base buyback includes the penalty- you are adding $4837 more than you should. Sorry.
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Old June 28th, 2016, 19:02   #47
radereb
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So I calculated around 20,000 for my car and around 17,000 for my wife's car. Does that amount include the compensation money? In other words, I would get around 15k for my car and 5k in compensation and my wife would get around 12k for her car and 7k in compensation?
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Old June 28th, 2016, 19:04   #48
MIA
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My 09 JSW with roughly 55,000 on the ODO works out to about $16,800. If I wait a couple months past October I will likely get to add a another $420 as we put very few miles on the car.

Could be one heck of a down payment for a Model S.
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Old June 28th, 2016, 19:11   #49
MNVWMAN
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Quote:
Originally Posted by radereb View Post
So I calculated around 20,000 for my car and around 17,000 for my wife's car. Does that amount include the compensation money? In other words, I would get around 15k for my car and 5k in compensation and my wife would get around 12k for her car and 7k in compensation?
Includes compensation
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Old June 28th, 2016, 19:14   #50
Saggio
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I have no options to add or subtract.

2015 Golf TDI DSG SEL Fully loaded:

Buyback:
$29,546 -1,140 for high mileage = $28,406

Fix and Keep:
$7413 -190 for high mileage = $7,223
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Old June 28th, 2016, 19:15   #51
radereb
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Originally Posted by MNVWMAN View Post
Includes compensation
So how exactly will the buy back work? If I want to purchase another vehicle. Would the 15k go towards a trade in and the 5k be a down payment?
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Old June 28th, 2016, 19:19   #52
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Quote:
Originally Posted by radereb View Post
So how exactly will the buy back work? If I want to purchase another vehicle. Would the 15k go towards a trade in and the 5k be a down payment?
As it stands right now, it's all one amount that is given to you either by Electronic Payment (an ACH deposit) or by a check.

Now, having said that... I would be very surprised if the VW Dealers wouldn't be able to arrange for you to have the check be given directly to the dealer. Otherwise, you turn the car in and then have to *wait* for the check (or ACH deposit to be made) before you can do anything to obtain a replacement vehicle - and the VW dealers will want to do anything they can to retain your business.

IMNSHO.
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Old June 28th, 2016, 19:31   #53
radereb
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Quote:
Originally Posted by EskiLvr View Post
As it stands right now, it's all one amount that is given to you either by Electronic Payment (an ACH deposit) or by a check.
Now, having said that... I would be very surprised if the VW Dealers wouldn't be able to arrange for you to have the check be given directly to the dealer. Otherwise, you turn the car in and then have to *wait* for the check (or ACH deposit to be made) before you can do anything to obtain a replacement vehicle - and the VW dealers will want to do anything they can to retain your business.
IMNSHO.
Okay thank you! What would VW do if I wanted to purchase a completely different car? Could I take the money I put it towards a different car?
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Old June 28th, 2016, 19:32   #54
ColbySeider
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Default Definition of Power Seats...

Help!

Does my 2014 Jetta TDI I4 (Eastern) have power seats? Recline and lumbar adjusters are powered, but legroom and height adjusters are not.

To me, power seats means all four adjustments are powered.

It doesn't make that much of a difference
Base = 23,747
Fender = 450
Power Sunroof (Eastern) = 690
Mileage (to October) = -4,440 (this is why the power seat question isn't that big a deal: 88,000 miles projected to October)

Total = 20,447

Christmas bonus = 1,000

Final total = $21,447

or ($21,807 with Power Seats)

Amirite?

Colby
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Old June 28th, 2016, 19:33   #55
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Quote:
Originally Posted by radereb View Post
Okay thank you! What would VW do if I wanted to purchase a completely different car? Could I take the money I put it towards a different car?
The money is yours to do with as you please. I have a feeling that the government mandated that piece of this. By having it written into the rules of the settlement that you will receive the buyback amount in full - less the amount of any loan payoff - in a direct fashion, you can choose to cut all ties as soon as the money is in your account.
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Old June 28th, 2016, 19:57   #56
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Speaking of the gov't, I wonder if we'll get a tax bill for any of this...
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Old June 28th, 2016, 20:02   #57
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The smart move by VW would have been to push hard for an immediate trade in at the buyback price - and then compensate dealers. I'm more than happy with the buyback amount and would like to trade for a new TSI right now. It would be a win-win for owners and dealers - and, of course, VW - if we could take the cars in right now and get the buyback value on a quick trade in.
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Old June 28th, 2016, 20:05   #58
rsafier
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2010 2DR 6M @135K true miles sold Oct-16
14897 base
-1800 milage adjustment
5100-(4972-300)=428 adjustment
13525 final all-in return payout.

Assuming I did that correctly.

Last edited by rsafier; June 28th, 2016 at 23:02. Reason: I hadn't done it correctly.
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Old June 28th, 2016, 20:13   #59
coolbreeze
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Default I will take a crack at it.

My post 09/15 purchased 2013 TDI with 58,000 miles and Nav/Sunroof and Lighting Package Modify check is 6427 - 50% to prior owner.

BuyBack is 23627 minus 50% Modify payout= 3213.50 to proir owner or 20413.50

Minus mileage deduction of 420.00 or 19,999.50

My question is the car was not privately owned at time of scandel release and was part of a dealer inventory. Am I still liable to split the modify payout?

Feedback please if I am off.
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Old June 28th, 2016, 20:13   #60
GlennGlenn
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Why would you get a tax bill? It's not income. There's no "gain" or interest. You're just being made whole. Only if there were " punitive" damages would there be tax consequences.
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