Offer Letter Just Received

[Sigp232]

Congratulations HBarlow your almost free

 

[vass1l]

Received my formal email acceptance today - my appointment is scheduled for 12/21.

So your dealership appointment is on 12/21 for the fix?! I wasn't aware they came up with the emission fix already?

 

[ccbsecu]

I'm selling the car back - no fix for me.

 

[vass1l]

I'm selling the car back - no fix for me.

Oh thank you for clarifying, I got a little excited there.. Who knows how long us "fix" folks will have to wait for the "fix" and settlement $.

 

[systemxpert]

Received my formal email acceptance today - my appointment is scheduled for 12/21.

Good News! What day did you upload your signed & notorized Offer letter? I sent mine in on 11/18...but have not gotten a notification for scheduling yet.

 

[HBarlow]

Congratulations HBarlow your almost free

Thanks. I faxed the signed and notarized docs back right after lunch and received an emailed acknowledgement with another message about reviewing the docs to determine that I signed them correctly and had them notarized as required.

Probably another ten day or two week delay until the next step.

Melting glaciers reportedly moved slowly also.

 

[gsmith2424]

Just got mine and resubmitted within 15 minutes as we have a notary at my work. Now to wait for approval of the letter.

 

[tkdcmpedude]

I just got mine this morning at 4am PST. I will be going to the notary during my lunch and uploading late afternoon.

Details:
Uploaded Documents: 9/18/2016
Approved Documents: 10/18/2016
Letter Offer Date: 11/18/2016
Date Offer Received: 11/29/2016
Privately Financed.

 

[kutch]

Claim submitted: October 10.
Documents marked Incomplete: October 26.
Corrected and marked complete: October 27.
Offer Letter received: November 29. 0730

Off to the Notary.

 

[Dadsmgb]

Offer letter completed and submitted

Now the clock runs
Questions: Any idea on what to do with things like snow tires and mats?
Is any of the payment considered taxible?

 

[DanB36]

Questions: Any idea on what to do with things like snow tires and mats?

Whatever you want--VW doesn't care about them, so feel free to sell them on the side, make something out of them, light them on fire in your back yard, etc.

Is any of the payment considered taxible?

This has been extensively discussed here, and it'd be worth your while to search for some of the discussion. The best answer I can come up with is that if you sell the car for more than your cost basis*, the difference is taxable as a capital gain. It also looks like any reporting of this will be on the honor system, as VW isn't issuing 1099s for the payments.

* Cost basis is ordinarily what you paid for the car. The most likely reason that it would be something different would be if you'd deducted depreciation for the car; in that case, the amount of the depreciation would be deducted from the purchase price of the car.

 

[MHC48]

11/28/2016

I've printed it out on paper and will take it into my nearby "big city" and sign in front of a notary public at the small town bank and fax the entire package back to VW at the local county library. I think after I fax it I'll mail a signed and notarized copy via USPS to close the loop.

FWIW, Iit may take a while to hear back. I too faxed my acceptance and the VWGoA site read "Awaiting receipt of your fax" for over a week.

Finally, yesterday it changed to read Final Offer Status: Document Received and Under Review.

So now I'm waiting for a turn in date. Or...who knows, maybe they'll have a problem with reading the notary stamp and I'll have to re-do it,, kind of like the old Chutes and Ladders game.



</H2>

 

[HBarlow]

FWIW, Iit may take a while to hear back. I too faxed my acceptance and the VWGoA site read "Awaiting receipt of your fax" for over a week.

Finally, yesterday it changed to read Final Offer Status: Document Received and Under Review.

So now I'm waiting for a turn in date. Or...who knows, maybe they'll have a problem with reading the notary stamp and I'll have to re-do it,, kind of like the old Chutes and Ladders game. </H2>

Thanks. I assumed another long delay. The small town bank where I had my docs notarized pulled out a stamped notary seal rather than a raised seal. I stopped him and asked if he had a raised seal - the type that stretches the paper and leaves evidence that can be felt. He did but it doesn't have any information on it. I asked him to use both so he stamped and pressed the paper. I hope the "auditor" or whoever doesn't reject the docs and tell me to start over.

I'd like to get this done before July 2017.

 

[DanB36]

An ink seal would generally be preferred for anyone who's faxing or scanning their documents, as it's much more likely to show up clearly on the other end. If you use both, you'd be fine, but the raised seal doesn't really add anything in that case. If you're mailing the documents, assuming the document processors actually handle the paper you send (rather than just scanning it into their computer and using that), they could obviously see/feel the seal.

IMO, the only case where a raised notary seal is of any value is when only an original document (rather than a copy) is valid, and those cases are few and far between. Deeds and wills are all I can think of, and raised seals aren't acceptable for deeds because they don't show up when they're scanned into the recorder/clerk's computer.

 

[HBarlow]

An ink seal would generally be preferred for anyone who's faxing or scanning their documents, as it's much more likely to show up clearly on the other end. If you use both, you'd be fine, but the raised seal doesn't really add anything in that case. If you're mailing the documents, assuming the document processors actually handle the paper you send (rather than just scanning it into their computer and using that), they could obviously see/feel the seal.

IMO, the only case where a raised notary seal is of any value is when only an original document (rather than a copy) is valid, and those cases are few and far between. Deeds and wills are all I can think of, and raised seals aren't acceptable for deeds because they don't show up when they're scanned into the recorder/clerk's computer.

Thanks. Your opinion removes a bit of apprehension. My docs were faxed but the notary public's stamp was freshly inked and very visible.

 

[Boosted_Teg]

Docs accepted 10/26. Offer letter received today. Will also be notarized and sent back today.

 

[TDIsoup]

Anyone notice the wording change on the final offer screen? Mine now says "Document received and under review", whereas is was something shorter like just Document received. Am I incorrect? Maybe my eyes are playing tricks on me, but I'm hoping that means I'm one step closer to scheduling.

 

[Boosted_Teg]

Anyone notice the wording change on the final offer screen? Mine now says "Document received and under review", whereas is was something shorter like just Document received. Am I incorrect? Maybe my eyes are playing tricks on me, but I'm hoping that means I'm one step closer to scheduling.

How long ago did you submit your final offer ?

 

[TDIsoup]

How long ago did you submit your final offer ?

My dates are
9/20 docs submitted
10/20 docs approved
11/22 final offer received and submitted back to VW (notarized)

 

[CT_White_SRT]

Offer received today here in CT.

Documents approved 10/31. Privately financed.

 

[CT_White_SRT]

Quick question for those with offers. I am sorry I did not search. There are way too many threads here..

My offer letter is 700 less than my calculated amount. I assume this is because mileage is different then when I completed paperwork?

If so, will this be trued-up at buy back appointment.

My calculated amount for 2015 VW Golf TDI SEL (Auto) with December turn in date and mileage at turn in is 30,056

offer was 29,323

 

[ericy]

My offer letter is 700 less than my calculated amount. I assume this is because mileage is different then when I completed paperwork?

If so, will this be trued-up at buy back appointment.

Most of the time the discrepancies are due to VW having incorrect assumptions about the mileage at turn-in.

There are online calculators that tell you what the buyback should be.

They will note the mileage when you turn it in, and that's what the real number should be based on. If you have gone from one mileage bin to another, there might need to be an adjustment of some sort.

 

[tjdeerslayer37]

Got my second offer today, docs accepted 10-21, offer today 12-2, vw credit loan. Numbers match the calculators (my other car's offer matched exactly as well)

 

[ChimneyJim]

Offer received today 12/2
Docs accepted 10/18
Third party finance
Offer the same as when registered and $180 higher than online calculator.

 

[sabbotage]

Got my offer letter today too 12/2
Docs accepted 11/1
No loan

 

[mc130fox]

Docs submitted 10/17
Docs accepted 10/25
Offer letter 12/2 @ 0403
Notarized 12/2 @ 1350
Sign letter uploaded 12/2 @ 1430

In California with a private (CU) loan.

FWIW I am upside down on my loan with my credit union. Car will be completely paid off in accordance with the 130% clause:

From the PARTIAL STIPULATED ORDER FOR PERMANENT INJUNCTION AND
MONETARY JUDGMENT , pg 21, Section VII, para. G(1):

Upon submission of an Eligible Owner’s complete and valid claim
application pursuant to Section XIII and surrender of all right, title,
and interest in, and possession of, an Eligible Vehicle to an entity authorized
by Defendant, Defendant shall pay that Eligible Owner’s lender the full
amount required to pay off the outstanding Loan Obligation for the
Eligible Vehicle, excluding any portion of the Loan Obligation that
becomes delinquent after June 28, 2016 (and any related costs and fees) or
any portion of the Loan Obligation, including new loans, incurred after
June 28, 2016, up to 130% of the total compensation due to an Eligible
Owner pursuant to Subsections D or E. If the amount paid to the lender by
Defendant under this provision is not sufficient to satisfy the outstanding
Loan Obligation, the Eligible Owner must, at the time of the transfer of
ownership and possession, pay any remaining balance of the Loan
Obligation required to transfer all interest in, title to, and ownership and
possession of the Eligible Vehicle to Defendant to elect the Buyback.​

Now for a turn-in appointment!

 

[PacCoastFwy923]

FWIW I am upside down on my loan with my credit union. Car will be completely paid off in accordance with the 130% clause:

Oh, wow, I was not aware this benefit applied to non-VW loans. That should make some folks happy.

 

[Fizzyone]

Docs submitted 10/17
Docs accepted 10/25
Offer letter 12/2 @ 0403
Notarized 12/2 @ 1350
Sign letter uploaded 12/2 @ 1430

In California with a private (CU) loan.

FWIW I am upside down on my loan with my credit union. Car will be completely paid off in accordance with the 130% clause:

From the PARTIAL STIPULATED ORDER FOR PERMANENT INJUNCTION AND
MONETARY JUDGMENT , pg 21, Section VII, para. G(1):

Upon submission of an Eligible Owner’s complete and valid claim
application pursuant to Section XIII and surrender of all right, title,
and interest in, and possession of, an Eligible Vehicle to an entity authorized
by Defendant, Defendant shall pay that Eligible Owner’s lender the full
amount required to pay off the outstanding Loan Obligation for the
Eligible Vehicle, excluding any portion of the Loan Obligation that
becomes delinquent after June 28, 2016 (and any related costs and fees) or
any portion of the Loan Obligation, including new loans, incurred after
June 28, 2016, up to 130% of the total compensation due to an Eligible
Owner pursuant to Subsections D or E. If the amount paid to the lender by
Defendant under this provision is not sufficient to satisfy the outstanding
Loan Obligation, the Eligible Owner must, at the time of the transfer of
ownership and possession, pay any remaining balance of the Loan
Obligation required to transfer all interest in, title to, and ownership and
possession of the Eligible Vehicle to Defendant to elect the Buyback.​

Now for a turn-in appointment!

Was your restitution reduced by the amount that you were upside-down on your loan?

 

[TDIsoup]

Just got my offer approved and scheduled my appointment for return.

So My updated numbers are:
9/20 - Docs Uploaded
10/20 - Docs Accepted
11/22 - Offer Letter Received, Notarized and Uploaded
12/3 - Final Offer Approved and Return Scheduled for 12/17

 

[plap17]

Am I correct in understanding that there is a 90 day window of time from 'Final Offer Approved' and buyback appointment? How much discretion do owners have in making appointment (I understand the monthly mileage limit applies). I am trying to time out purchase of new with buyback date. Don't want to get myself caught car-less. Looking at new subarus that are due sometime in Jan. I had signed and notorized yesterday, haven't uploading yet. thx.