Tell the current dealer to stuff himself.
Yes, that is known and released information.
So I called a couple other dealers this morning to confirm this and they said that if the vehicle you are picking up is not available at the time of trade in, you cannot make use of the tax credit.
Yes it diminishes but it gives the dealer a # to work with. When I put a deposit down and he provided me with the basic numbers, he wrote in there that the FMV is subject to change on trade in day. From the time I have put down a deposit on a car to the time I have received my letter of offer...the amount changed by $100. I've informed the dealer and it will be all finalized on the trade in day.
FMV the day of purchase... It diminishes with time - FMV today is NOT going to be the same $$ amount in Sept.
You can't expect a dealer is going to take a trade-in today for a car that will be delivered in Sept, or maybe I'm wrong.
That could be possible. There's people on here who havent set their turn in date yet because their vehicle is not available yet. Id suggest canceling your appt and rescheduling it for Sept.
8 mins?? Damn Ricepoint - they're too fast! How the heck are we supposed to have material to keep complaining about on here when they're so damn efficient in this bit of the process!?!?
That's where I'm at now, scheduled turn in date as of mid-September for now, I may change it to later depending on when new '18s come in.
Go check the detail of the buyback material you received. I'm pretty sure it just states that the car can drive in under it's own power, but you should go check.
No pricing was/is yet available when we ordered our 2nd 2018 Alltrack.
I'm being totally upfront with the adjuster about the buyback. He doesn't care if they settle with a repair or with a cheque. What you do with the car after is up to you, they have fulfilled their policy obligations. And the claim is going through regardless since it was a rear-end and there are multiple drivers/claims. Thankfully when you get rear-ended you are not considered "at fault" for the claim. This is my understanding.
Rear end collisions don't raise YOUR rates. If you are 100% not at fault, insurance can't touch you.
Bingo. The insurance payment is 100% independent of the fix. YOU pay for teh insurance, so insurance makes YOU whole again - whether YOU decide that you need the car fixed to make YOU whole again is up to YOU.
What world do you live in where the insurance company tosses you a cheque without getting the repair done?
If you choose to continued to drive it without getting a fix then there is no loss, no cheque.
If he settles the claim, its settled, it doesn't matter if you fix it or not. He has met his obligation under the collision policy.What world do you live in where the insurance company tosses you a cheque without getting the repair done?
If you choose to continued to drive it without getting a fix then there is no loss, no cheque.
North America?What world do you live in where the insurance company tosses you a cheque without getting the repair done?
So would you take the money and run? Or fix collision damage and wait for emissions fix?
Hmm interesting. Provincial insurance; ICBC and they pay the shops here directly, you never seen $$ unless it's a write off.
The accident damage, so long as it doesn't affect driveability, has zero effect on the settlement options.
ICBC may be different since its a provincial program (same for La Belle province too).
I'm just wondering what route you would go based on the available options. $28k is a lot of money but I can't find a comparable car, new, for that money so I'm considering going for the collision fix and then emissions fix (if approved) with the $5250 punitive.
In Quebec, collision damage is not a provincial program, it is the bailiwick of private insurance companies. It is "no fault" in the sense that it is your own company that pays the damage regardless of who is at fault; however if you're not at fault your deductible is waived and in principle it doesn't affect rates. The deductible is calculated at the same percentage as the degree of fault you have.
Take the cash and run.
At this stage the emission fix is highly hypothetical. First-generation cars may never have an approved fix, and if they do, we have no idea about future reliability/drivability.
That's sort of the way I was leaning. How often do you get to buy a car for $31k and get $28k for it 5yrs and 172,000km later? I just really like the performance, handling, utility and mileage of the GSW TDI and nothing else available is like it. Thanks for the responses.
Doing some digging, ICBC calls it a 'cash settlement' and other insurers might as well. You may not get as much as what their estimate to fix is, but you can definitely get cash instead of a fix.
How are you getting $28k for a 2012 with that much mileage? Even after the 'damages' payment....
From the collision policy about $8.5k. From VW $5250 punitive + $14.5k buyback for the vehicle.
Ooooo... gotcha.
Congrats !!! Looks great...glad it went well for you. I hope I can be so lucky..Well it's all over. From the time we entered the dealership until we had our cheque in hand was exactly 8 minutes.
Out with the old:
And in with the new:
The TDI was returned on winter steelies with 10 y.o. OEM VW Passat wheel covers that had broken clips. Reduced clutter in the garage
Dealer said the TDI would be going to the junkyard (aka "recycling").
