Received my Buy Back schedule and paperwork this morning at 12:35am. I thought I would share some of the content. Here is the Buy Back Closing Checklist:
2.0-Liter Settlement Claims Program
Buyback Checklist
Below is a list of items that you are required to bring to your closing appointment.
If you have any questions, please call us at 1-844-98-CLAIM.
REMINDER: The final payment to you will depend on the mileage on your vehicle at the time of the appointment. If, on the day of your
appointment, your mileage is in excess of the range expected based on the mileage you have entered, and you chose to be paid by check, the
appointment could be rescheduled so that a new check can be processed with the adjusted amount. If your mileage is less than the expected
range on that day, a second check for the amount of the resulting additional compensation will be mailed to you. If you chose to be paid by
EFT, your EFT payment will be adjusted accordingly.
PLEASE BRING THE FOLLOWING ITEMS TO YOUR CLOSING
Government Issued Photo ID for Each Listed Registered Owner
If you filed this claim on behalf of another individual, please bring your Photo ID as well as a legible copy of the individual’s Photo
ID.
If there is more than one Registered Owner, all Registered Owners must be present at the closing appointment or you will need
to bring a legible copy of a Photo ID for each Registered Owner.
Government Issued Photo ID for Each Listed Titleholder, if applicable
If any name(s) on the Title is different than the name(s) of the Registered Owner(s), you will need to bring a legible copy of a
Photo ID for each individual whose name appears on the title. This is not necessary if the additional listed Titleholder is your
lender.
Notarized Power of Attorney for Titleholder(s), if applicable
If each Titleholder cannot be present at the closing appointment, you will need to bring a notarized Power of Attorney
demonstrating that the Titleholder(s) have granted you authority to transact the Buyback. A copy of a Power of Attorney Form
can be found here
https://www.vwcourtsettlement.com/en/docs/Forms/Limited_Power_of_Attorney.pdf]. This is not necessary
if the additional listed Titleholder is your lender.
2.0-Liter TDI Vehicle whose VIN Matches the VIN Associated with Your Claim
Remember that the vehicle must be driven under its own 2.0-liter engine power in order to complete the Buyback.
Transferable Title, if applicable
If you possess the title to your vehicle, you must bring the original title to your closing. Please be sure to check the back of your
title to ensure that there is space for you to sign over title to Volkswagen. If there is not a blank space for the Buyback
transaction, you will need to obtain a new title from your DMV or similar government agency. This is not necessary if you have a
loan and your lender possesses the title to your vehicle.
If you have any liens on your Title, other than a vehicle financing loan, you must pay off all liens before you can transfer your Title
to Volkswagen. If there is a lien showing on your Title at the time of your Buyback transaction, Volkswagen will require proof
that the lien has been satisfied before your Buyback can occur.
Certified Check, if applicable
If your offer letter indicated that you owe money to Volkswagen to proceed with your Buyback, you are required to bring a
certified check made out to Volkswagen Group of America, Inc. Personal checks will not be accepted.
All Keys and Key FOBs
Remove Personal Items
As a reminder, please remove all personal items from the vehicle before the closing appointment. Personal items may include:
phone chargers, toll transponders (such as EZPass), garage door openers, third-party navigation systems (such as Garmin) and car
seats. Once the closing appointment is completed, the vehicle will be transported and Volkswagen will be unable to access the
vehicle to obtain personal items.
---------------------------------------------------------LEASE TERMINATION BELOW------------------------------------------------------
2.0-Liter Settlement Claims Program
Lease Termination
Below is a list of items that you are required to bring to your closing appointment.
If you have any questions, please call us at 1-844-98-CLAIM.
Please note that your vehicle will be subject to an end-of-lease inspection in accordance with the terms of your
Lease Agreement. You will be responsible for any fees for excess mileage (beyond the total mileage allowed
under the full term of the lease contract and not a pro-rated total mileage), wear and use, and any late payments
and related fees, or costs associated with personal property tax, tickets, tolls or any other assessments owed per
the terms of your Lease Agreement. You should continue to make any payments on your lease during this period.
Volkswagen will not be responsible for any late payments or penalties associated with failure to make lease
payments.
PLEASE BRING THE FOLLOWING ITEMS TO YOUR CLOSING
Government Issued Photo ID for Each Lessee
If you filed this claim on behalf of another individual, please bring your Photo ID as well as a legible copy of the individual’s
Photo ID.
If there is more than one Lessee, all Lessees must be present at the closing appointment or you will need to bring a legible copy
of a Photo ID for each Lessee.
Notarized Power of Attorney for Leaseholder(s), if applicable
If each Lessee cannot be present at the closing appointment, you will need to bring a notarized Power of Attorney
demonstrating that the Lessee(s) has granted you authority to transact the Early Lease Termination on his or her behalf. A copy
of a Power of Attorney Form can be found here
https://www.vwcourtsettlement.com/en/docs/Forms/Limited_Power_of_Attorney.pdf].
2.0-Liter TDI Vehicle whose VIN Matches the VIN Associated with Your Claim
Remember that the vehicle must be driven under its own 2.0-liter engine power in order to complete the Early Lease
Termination.
All Keys and Key FOBs
Remove Personal Items
As a reminder, please remove all personal items from the vehicle before the closing appointment. Personal items may include:
phone chargers, toll transponders (such as EZPass), garage door openers, third-party navigation systems (such as Garmin) and
car seats. Once the closing appointment is completed, the vehicle will be transported and Volkswagen will be unable to access
the vehicle to obtain personal items