da_jokker
Veteran Member
Forget all my stuff.. there is a potential issue because it doesn't do a good job of handling the $5100 min. Just go with...
Moderator addition:
GeekDrew has been kind enough to create an unofficial calculator where you can plug in all of your information and get your buyback or fix compensation amount.
Buyback calculator: http://byebyetdi.us
---------------------------
The posts are just a mess this morning.. hard to follow with so many different threads.
Just thought it would be nice if we has a specific thread just for those of us that are Legal\Math challenged.
Seems like this would be more helpful if we kept this thread for the straight up Buyback math. Excluding people that want to keep their cars, or people with leases, or people that are underwater on their loans where they fall into that 130% math.
or maybe nobody cares and I'll be the only one that posts. Anyway so here it goes.
Step # 1
Using the PDF file https://www.ftc.gov/sites/default/files/pdf/att._1a_-_buyback_modification_table.pdf to find your Model.. refer to the Buyback column #1
At the end of that Year block, you will see a section for "Options" .. adjust Col #1 accordingly
THIS IS YOUR BASE NUMBER
In my example, I have a 2009 Jetta Sedan in California with 0 options so my base is $12,527
Step # 2
Find the Mileage Adjustment PDF file for your situation from https://www.ftc.gov/enforcement/cases-proceedings/162-3006/volkswagen-group-america-inc .... Should be one of the "Attachment 2x" files
Here is where it gets tricky, Many people are adjusting for JUNE.. but the buybacks will not occur until Sept or Oct. Playing it a little safer, using OCT as the adjustment factor, we get a number of 13,546. (Thanks for the catch)
So take your PROJECTED mileage for October and subtract 13,546 from it. Now, use that result, to look in the left "Adjust Mileage" column to find where it crosses. Read to the right to find your Year and get the "Buyback" adjustment.
THIS IS YOUR MILEAGE ADJUSTMENT
In my example, I have an Oct Projected mileage of 101,120. So 101,120 - 13546 = 87,574. This maps out to an adjustment figure of $0
Step #3
Add or Subtract your Mileage Adjustment (Step 2) from your base value (step 1).. this is your Estimate for a straight forward buyback.
In my example $12,527 - $0 = $12,527 total Buyout estimate.
Note**: If that final number happens to falls below $5,100.... then you will get $5,100.
**I think this last part is incorrect. After re-reading the section in the summary, the 5,100 applies to the "compensation" value and not the overall buyback. However, since we do not have our Sept 2015 numbers to do the "20% of the Vehicle Value plus $2,986.73" all we can do is ASSume for now Col 1 already took that into consideration. All this means is that for anyone that has done the math and ended up below 5,100... your end result may be what you actually got and no bump for you. Sorry
---------------------------I'm a long time lurker, now turned new member.
I like to crunch numbers, so I finally had something worth adding to the discussion.
I wrote a proposed buyback calculator too...
http://phpbbcalendarmod.com/buyback/index.php/calculator/
I also took time to analyze some of the extreme outlier cases:
http://phpbbcalendarmod.com/buyback/index.php/calculator/extreme-outliers/
Enjoy!
Moderator addition:
GeekDrew has been kind enough to create an unofficial calculator where you can plug in all of your information and get your buyback or fix compensation amount.
Buyback calculator: http://byebyetdi.us
---------------------------
The posts are just a mess this morning.. hard to follow with so many different threads.
Just thought it would be nice if we has a specific thread just for those of us that are Legal\Math challenged.
Seems like this would be more helpful if we kept this thread for the straight up Buyback math. Excluding people that want to keep their cars, or people with leases, or people that are underwater on their loans where they fall into that 130% math.
or maybe nobody cares and I'll be the only one that posts. Anyway so here it goes.
Step # 1
Using the PDF file https://www.ftc.gov/sites/default/files/pdf/att._1a_-_buyback_modification_table.pdf to find your Model.. refer to the Buyback column #1
At the end of that Year block, you will see a section for "Options" .. adjust Col #1 accordingly
THIS IS YOUR BASE NUMBER
In my example, I have a 2009 Jetta Sedan in California with 0 options so my base is $12,527
Step # 2
Find the Mileage Adjustment PDF file for your situation from https://www.ftc.gov/enforcement/cases-proceedings/162-3006/volkswagen-group-america-inc .... Should be one of the "Attachment 2x" files
Here is where it gets tricky, Many people are adjusting for JUNE.. but the buybacks will not occur until Sept or Oct. Playing it a little safer, using OCT as the adjustment factor, we get a number of 13,546. (Thanks for the catch)
So take your PROJECTED mileage for October and subtract 13,546 from it. Now, use that result, to look in the left "Adjust Mileage" column to find where it crosses. Read to the right to find your Year and get the "Buyback" adjustment.
THIS IS YOUR MILEAGE ADJUSTMENT
In my example, I have an Oct Projected mileage of 101,120. So 101,120 - 13546 = 87,574. This maps out to an adjustment figure of $0
Step #3
Add or Subtract your Mileage Adjustment (Step 2) from your base value (step 1).. this is your Estimate for a straight forward buyback.
In my example $12,527 - $0 = $12,527 total Buyout estimate.
Note**: If that final number happens to falls below $5,100.... then you will get $5,100.
**I think this last part is incorrect. After re-reading the section in the summary, the 5,100 applies to the "compensation" value and not the overall buyback. However, since we do not have our Sept 2015 numbers to do the "20% of the Vehicle Value plus $2,986.73" all we can do is ASSume for now Col 1 already took that into consideration. All this means is that for anyone that has done the math and ended up below 5,100... your end result may be what you actually got and no bump for you. Sorry
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