Wow, thanks for the update. Somehow I'm not surprised by your experience. As much as I want to just get the fix done to get the rest of the payment, I think I'll wait until there is more real life experience behind the resulting "fix". I had a feeling that the 1mpg loss would be optimistic, but...
Gotcha, thanks. So in theory if I am suppose to receive $10k in restitution on my car, the trade in value after 5/1 should jump by $10k. In "theory" anyway...
That's just for previous owners. That is why I believe there can only be one claim on a car after May in which case if I sold the car in August, all of the restitution is allocated to me. I just can't find anything that lays out this scenario.
Does anyone know what happens if a Gen 2 owner who has owned the vehicle prior to Sep 2015 sells the car in say August 2017? Are they entitled to the full amount of restitution if they file the claim in June 2017? If there is already a claim on the car I wouldn't think the next owner could file...
What are you talking about? KBB obviously reflects the huge depreciation hit the cars have taken since a dealer doesn't want to touch them. And where does the $2k come from?
VW clearly is saying we owe you at least $10k for screwing you but you have to hold onto the car for another...
Completely agree. This is such a blatant move to just drag out VW's costs over time and not deal with it this year. It's a freakin software fix, you don't think they know if it works or not by now? And their "Acceptable Level" of "reduced performance" of 5% of power and basically 15% of MPG...
EEE. “Reduced Performance” means a change in any of the following performance
attributes: (1) a reduction in calculated fuel economy using the EPA formula of over 3 MPG;
(2) a decrease of greater than 5% in peak horsepower; or (3) a decrease of greater than 5% in
peak torque.
Wow, that's not a...
I think it depends on what they are compensating you for. If it is for lying about the "clean air" then I think it would be about the same. But I think most of the compensation is for the depreciation hit that the cars took which would have to be a multiple of the 2.0 settlement just based on...
You nailed it bird. You think after their first 2 software fixes failed, they would have had to prove they can make it work before a settlement was made. Instead, they delay submitting the 3rd attempt at a software fix until after they settle with CARB/EPA. Now magically the 3rd attempt will be...
"Plaintiffs and VW have agreed payment of substantial compensation to car owners. No details."
Please define "substantial". If you came to an agreement, you know what the number is.
Wow, this is about as clear as mud. What another waste of time.
"We're not buying back Gen 2 cars, we can fix them. But if we can't, we'll buy them back." Well can you or can't you? This is the biggest stall tactic ever. If you haven't proved you can fix them by now, you can't. Buy the damn...
It's a complete joke that the settlement has been delayed this many times. I'm guessing VW is holding on strong to not buying the '12+ 3.0's back while everyone else in the court room thinks they should. If they're not going to buy them back, there better be a big restitution # to go along with...
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