rhino4evr
Well-known member
wow...I uploaded my documents on 12/1/16, and I was wondering how long this was going to take. I didn't expect almost 3 months!!!
We were looking at used BMW Wagons. But most of them out there seemed to be 2014 with 40k miles on them and the dealers wanting 35k. Seemed to much money. So we bought the All Track. One dealer was willing to give new for 44k even for a car with a 50700 MSRP. It didn't seem a big enough discount on used.Did the buyback a couple of weeks ago. Looked for about 3 months to find the right, used BMW 328d xi wagon (fully loaded). Best research for value were ones about 2 1/2 years old with appropriate or low mileage and not a CPO. Found a "better than VW ever will be" car at about 52% of MSRP only 3 hours away and negotiated down. Did a pre-purchase inspection, showed up at the dealership with a rigorous checklist and calipers. Just no comparison to VW.
The BMW diesels are a niche market and buyers are really hard to find and the dealers know it. Just compare the ratio of gas to diesels on any lot. Don't listen to dealers pitch how great their car is, have them recognize how rare a customer you are. In my case, the dealership had two prospects after a month, the other was over 2000 miles away. Dealers need to flip cars on a 90 day floor plan (financing). Watch the online websites and check Carfax for when your potential car changed hands.
You get an email from Chase, usually the evening of the following business day after you turn in the car. You then log in to their site and give your routing and account numbers. Money usually shows up in your account the following morning.Side Question - For anyone that went with the EFT process (vs physical check), how/when does VW get that information from you? (or is that all done at the drop-off).![]()
Wow. That was fast. VW approved my offer letter within 5 hours of submitting it. My buyback is in 2 weeks!
Thank you very much!You get an email from Chase, usually the evening of the following business day after you turn in the car. You then log in to their site and give your routing and account numbers. Money usually shows up in your account the following morning.
oops i counted wrong but 3 weeks actually. Feb 3rd. Only one dealership in my area.WOW!!!!! 2 weeks from acceptance of the offer? My offer was accepted on the 11th of Jan and the earliest appointment is/was March 8th...... I checked 18 dealers and gave up and scheduled for the 9th of march
Plan on either making that payment, or asking VW Credit to let you skip one. They're supposed to pay off loans within 5 business days, but it seems to be averaging 2-3 weeks.My payment due date was Jan 9 and the buyback was Jan 11; will check again tomorrow.
How did you change this status with them? Can you describe the process for me? Phone, online? Etc....I changed from fix to buyback, and am waiting for documents to be reviewed and them to send the new final offer. I doubt they will ever have a fix for the 2012 I have. It has been a great car that I have not had a lick of trouble with. Such a shame. 120K trouble free miles. I hear 6 people indicted in the US for the deception. They should receive some jail time to discourage all the other crooked execs out there. Diesel may just be too dirty of a fuel to make it here in the US. I was planning on getting a BMW oil burner, but it is plagued with potentially expensive emission control problems beyond the warranty. I originally thought I would just keep my Golf, but will there be parts out there when I need them?, etc.![]()
What! Congrats and all but I have been green check marks since 11/14. No speeding up for me. Cr@pI had problems with my submission back in September with one of my two cars . and it had to do with how we had setup portal which got figured out 1/4/. so I started over from scratch on 1/4/17 and reuploaded everything.
got my green checks on 1/12/17
got offer back today 1/18/17
will notarize and send back tomorrow
they seem to have sped up the process now.![]()
Check received 1/20/17 for over payment.VW credit paid off 12/29
Now waiting for refund of last payment made after VW's calculations.