banshee365
Veteran Member
So, we LOVE out '13 Passat SEL Premium. With the toddler growing daily and possible larger family future plans we could use something larger. But, I still think the Passat is the best mid-size sedan on the road. I would also rather have a TDI Passat than any full size on the road. The fuel economy is fantastic, it's huge for a sedan, the handling is great, the torque is great and it's fantastic and classy looking to me.
This whole scandal has never skewed my opinion of the product or how great it really is. Yes, they cheated to lessen the impact of the recent crazy EPA standards on the performance aspects that we look for in their cars. I first assumed that VW would 'fix' the cars and we would be stuck with that. I wasn't really too pissed off with that thought as, at least in the Passat's case, I thought they would just increase Adblue dosage to cut down on the nitrous oxides. Maybe it's more complicated on that on the SCR cars, but there wasn't much info out then. Then the loyalty program came around the holiday's last year. I thought that was a good gesture until they get the rest figured out. Values were starting to drop with all of the mess going on and I think it was a nice thing for VW to give the owners something to keep some faith while they work this progress out. Most American's don't have the patience to just wait and see for a few minutes, must less a year or two. Then came the news of VW offering $5k or more to their owners as restitution for value lost and to try to keep them as customers in the future. I was surprised to hear that this would come along with a repair to the car. I was very concerned of the affect of the 'modification' to fuel economy and power but I didn't want to jump to conclusions before VW even knew what they needed to do.
Now, there were alway's rumors of buy-backs and now those rumors are about to become officially true. This has obviously caused a huge wind storm of activity on this and other boards. We sit in the +/- 0 bracket for mileage adjustment so we're at just under $27,000 for our buy back and just over $7,000 for taking the modification, whatever that may be. I understand some others are in different positions and may not be as happy. I've worked some calculations for some friends with CR TDI's and they have all been pretty good in my opinion. To me, the buy back seems most logical for our car in my mind. We could take the modification and the cash and still have an awesome car, but the future value after this has all blown over is a risk as of right now. This makes sense as it's in VW's best interest for most to take the buy-back option.
Nearly every thread subject I see in this section is negative. Some are just simply unhappy, while others are literally crawling out of their skin trying to come up with any way to stick it to VW and get all they can get. It's rather amazing. Personally, I'm pretty happy and feel somewhat privileged to have an equity opportunity that we would NEVER have had this scandal never happened. Especially if you factor in the amount of time that you have to decide. Between roughly October this year and September of 2018 you have choice over locked in values. So, we can wait until mid-late 2018 and get nearly $27k for a 6 year old, 70k+ mile car. I simply can't find anything to be so pissed off about. I guess most American's want more more more more more more more when there is a whiff of money coming their way that they weren't quite expecting. There may be some that could be losing with this deal, especially those that drive a ton, but I have a feeling that it's very fair for most.
To be able to save a couple of months after payoff and walk into a dealer of my choice with a $30k down payment in a couple of years doesn't even seem reasonable to me. But, that is what's on the table. If there were 1-2 year old low mile Touareg TDIs or crazy retention incentives on new ones we would probably stay in the VW family. That's most likely not going to be the case so we may move to a large Toyota SUV while we leave VW with a very pleasant taste in our mouth from them. It's going to be really hard to give the car back to VW, if that's what we still plan to do when the time comes, but it sure seems like a good deal to me.
And to the negative-nancy's, don't bother strapping on your flame throwers to blast your hate my way to try to make me unhappy somehow as I don't think it's gonna happen.
This whole scandal has never skewed my opinion of the product or how great it really is. Yes, they cheated to lessen the impact of the recent crazy EPA standards on the performance aspects that we look for in their cars. I first assumed that VW would 'fix' the cars and we would be stuck with that. I wasn't really too pissed off with that thought as, at least in the Passat's case, I thought they would just increase Adblue dosage to cut down on the nitrous oxides. Maybe it's more complicated on that on the SCR cars, but there wasn't much info out then. Then the loyalty program came around the holiday's last year. I thought that was a good gesture until they get the rest figured out. Values were starting to drop with all of the mess going on and I think it was a nice thing for VW to give the owners something to keep some faith while they work this progress out. Most American's don't have the patience to just wait and see for a few minutes, must less a year or two. Then came the news of VW offering $5k or more to their owners as restitution for value lost and to try to keep them as customers in the future. I was surprised to hear that this would come along with a repair to the car. I was very concerned of the affect of the 'modification' to fuel economy and power but I didn't want to jump to conclusions before VW even knew what they needed to do.
Now, there were alway's rumors of buy-backs and now those rumors are about to become officially true. This has obviously caused a huge wind storm of activity on this and other boards. We sit in the +/- 0 bracket for mileage adjustment so we're at just under $27,000 for our buy back and just over $7,000 for taking the modification, whatever that may be. I understand some others are in different positions and may not be as happy. I've worked some calculations for some friends with CR TDI's and they have all been pretty good in my opinion. To me, the buy back seems most logical for our car in my mind. We could take the modification and the cash and still have an awesome car, but the future value after this has all blown over is a risk as of right now. This makes sense as it's in VW's best interest for most to take the buy-back option.
Nearly every thread subject I see in this section is negative. Some are just simply unhappy, while others are literally crawling out of their skin trying to come up with any way to stick it to VW and get all they can get. It's rather amazing. Personally, I'm pretty happy and feel somewhat privileged to have an equity opportunity that we would NEVER have had this scandal never happened. Especially if you factor in the amount of time that you have to decide. Between roughly October this year and September of 2018 you have choice over locked in values. So, we can wait until mid-late 2018 and get nearly $27k for a 6 year old, 70k+ mile car. I simply can't find anything to be so pissed off about. I guess most American's want more more more more more more more when there is a whiff of money coming their way that they weren't quite expecting. There may be some that could be losing with this deal, especially those that drive a ton, but I have a feeling that it's very fair for most.
To be able to save a couple of months after payoff and walk into a dealer of my choice with a $30k down payment in a couple of years doesn't even seem reasonable to me. But, that is what's on the table. If there were 1-2 year old low mile Touareg TDIs or crazy retention incentives on new ones we would probably stay in the VW family. That's most likely not going to be the case so we may move to a large Toyota SUV while we leave VW with a very pleasant taste in our mouth from them. It's going to be really hard to give the car back to VW, if that's what we still plan to do when the time comes, but it sure seems like a good deal to me.
And to the negative-nancy's, don't bother strapping on your flame throwers to blast your hate my way to try to make me unhappy somehow as I don't think it's gonna happen.
