Offer with loan

PacCoastFwy923

PacCoastFwy923

Veteran Member
Joined
Feb 21, 2008
Location
Oakland
TDI
2015 Passat SE TDI 6-speed manual; 2006 mkV Jetta TDI / 5-speed / Pkg 2
Domr said:
There is finally some movement on the loans. Got the offer today (non-VW loan)
Upload date: 9/20
Approval date: 10/18
Offer date: 11/18
Click to expand...
Nice, finally seeing the percentage tick up for bank financing on the spreadsheet. I'm six days behind you if we're counting "docs complete" dates. But I emailed my credit union a couple of days ago and no inquiry as of yet, per their response to me today.

Interestingly, no progress yet for the VW Credit owners. Ignoring all the speculation, that should be an easy and obvious data pipeline.
 
T

TDIsoup

Veteran Member
Joined
Oct 28, 2016
Location
Texas
TDI
2013 Passat
Domr said:
There is finally some movement on the loans. Got the offer today (non-VW loan)
Upload date: 9/20
Approval date: 10/18
Offer date: 11/18

FWIW they are requesting payoff quotes from the banks and entering the estimated payoff amount of the loan on the offer letter and then showing the net estimated payment to you. Obviously they will need to check again closer to turn in day because one or more loan payments will be made before the buyback actually happens unless you get lucky and get in real quick.
Click to expand...

We're the same on the upload date, I'm 2 days behind you on the approval date, but I have a VW loan. This better not be a sign that VW loans are last.

Congrats on the next step.
 
usarmy132

usarmy132

Veteran Member
Joined
May 12, 2012
Location
NW subs Chicago
TDI
2012 Passat
We are finally receiving offers. Private finance just got an offer few min ago. Submitted documents on 9/19, green check marks on 10/19 offer received 11/19.
 
F

Fizzyone

Active member
Joined
Oct 22, 2016
Location
NE PA
TDI
2014 Golf TDI
Eggieztdi said:
UPDATE!! IMPORTANT!!

Just spoke with VW Credit to see if there has been a request for my payoff quote yet. No request, but I got some great news. VW Credit just opened up a new department specifically to work with VWGoA. That means that things (for VW Credit customers at least) are about to start picking up. They will be working directly with VWGoA to get claims processed faster. Direct payoff quotes from a department dedicated to such!!! Should start to see things rolling around December is what I was told. I actually do believe that, and I hope you all find this information calming.
Click to expand...
Thank you! Finally, some good info. :)
 
PacCoastFwy923

PacCoastFwy923

Veteran Member
Joined
Feb 21, 2008
Location
Oakland
TDI
2015 Passat SE TDI 6-speed manual; 2006 mkV Jetta TDI / 5-speed / Pkg 2
Yay, we're up to about 5% on the buyback spreadsheet, with 16 offers out of 315 who have posted. Keep 'em coming!
 
B

bring

Veteran Member
Joined
Jun 21, 2015
Location
Boston
TDI
'15 Jetta SEL, DSG
Eggieztdi said:
UPDATE!! IMPORTANT!!

Just spoke with VW Credit to see if there has been a request for my payoff quote yet. No request, but I got some great news. VW Credit just opened up a new department specifically to work with VWGoA. That means that things (for VW Credit customers at least) are about to start picking up. They will be working directly with VWGoA to get claims processed faster. Direct payoff quotes from a department dedicated to such!!! Should start to see things rolling around December is what I was told. I actually do believe that, and I hope you all find this information calming.
Click to expand...
Calming? What on earth were they waiting for?
 
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E

Eggieztdi

Veteran Member
Joined
Oct 29, 2016
Location
Indiana
TDI
Man. 2015 TDIs
Hey everyone. 7 offers to private finance today 11/19/16!! Too early to tell but are things moving along now!!?
 
Tenebrae

Tenebrae

Veteran Member
Joined
Feb 3, 2014
Location
Missouri
TDI
2014 VW Jetta TDI Premium with Nav TURNED IN 03/10/2017
I have private financing through a third party (Capital One Auto).
I signed up on the VWGOA claims site as soon as the judgement was announced in October and submitted all my paperwork Oct 27th.
I got an email on Nov 8th that they were now determining my eligibility.
No movement since. :(
Just another "me too"...
I also just called Capital One Auto and the lady said there was no record of a call about a payoff amount. She very helpfully suggested I call my dealer and follow up with them. Uhhh...
I think she misunderstood. English did not seem to be her primary language.

-T.
 
C

csl223

Veteran Member
Joined
Nov 16, 2013
Location
Florida
TDI
2013 Beetle TDI, 6sp Manual
Tenebrae said:
I have private financing through a third party (Capital One Auto).
I signed up on the VWGOA claims site as soon as the judgement was announced in October and submitted all my paperwork Oct 27th.
I got an email on Nov 8th that they were now determining my eligibility.
No movement since. :(
Just another "me too"...
I also just called Capital One Auto and the lady said there was no record of a call about a payoff amount. She very helpfully suggested I call my dealer and follow up with them. Uhhh...
I think she misunderstood. English did not seem to be her primary language.

-T.
Click to expand...
This isn't even a "me too" yet... you haven't even gotten to 10 business days yet!
Prepare for what will probably be a much longer wait!
 
Tenebrae

Tenebrae

Veteran Member
Joined
Feb 3, 2014
Location
Missouri
TDI
2014 VW Jetta TDI Premium with Nav TURNED IN 03/10/2017
csl223 said:
This isn't even a "me too" yet... you haven't even gotten to 10 business days yet!
Prepare for what will probably be a much longer wait!
Click to expand...
Ah yes. It just seems like forever. >_>
10 business days from Nov 8th, I guess, would be...tomorrow? Day after?
Oh, I'm prepared. Sorta. But still very worried that something will happen to my car and I won't be able to do the full valued turn-in. Driving more paranoid than usual until then.

-T.
 
Mr. Furious

Mr. Furious

Veteran Member
Joined
Jul 19, 2012
Location
North Carolina
TDI
None
Tenebrae said:
10 business days from Nov 8th, I guess, would be...tomorrow? Day after?
Click to expand...
Tomorrow. Veterans Day was not considered a holiday in terms of processing time. W-F this week, however, are. Not that any of that matters because they're operating on their own "whenever we get to it" timeline, apparently with impunity.
 
I

inveSTI

New member
Joined
Nov 21, 2016
Location
delaware
TDI
2013 jetta tdi
just added mine as well

2013 Jetta - Lien through VW Credit
Delaware
Uploaded: 9/19
docs approved: 10/18
Offer letter: 11/20
Notarized letter uploaded: 11/21
Trade in Scheduling: TBD
 
T

TDIsoup

Veteran Member
Joined
Oct 28, 2016
Location
Texas
TDI
2013 Passat
inveSTI said:
just added mine as well

2013 Jetta - Lien through VW Credit
Delaware
Uploaded: 9/19
docs approved: 10/18
Offer letter: 11/20
Notarized letter uploaded: 11/21
Trade in Scheduling: TBD
Click to expand...

Man I am right there with a few of you guys on all these dates, but still nothing. :mad:

I hope this is a trend, but with my luck because of the holidays starting on Wednesday, I won't hear back for at least a week.
 
aja8888

aja8888

Top Post Dawg
Joined
Dec 25, 2007
Location
Texas..RETIRED 12/31/17
TDI
Out of TDI's
TDIsoup said:
Man I am right there with a few of you guys on all these dates, but still nothing. :mad:
I hope this is a trend, but with my luck because of the holidays starting on Wednesday, I won't hear back for at least a week.
Click to expand...
My dates are like yours. But look at it this way....people are getting letters. If it was silent across the board, I would worry.
 
T

TDIsoup

Veteran Member
Joined
Oct 28, 2016
Location
Texas
TDI
2013 Passat
aja8888 said:
My dates are like yours. But look at it this way....people are getting letters. If it was silent across the board, I would worry.
Click to expand...

The guy I replied to is like my VW twin, almost. :)

9/20 Upload
10/20 Approval
VW Loan
 
J

JGEO

Well-known member
Joined
Sep 27, 2016
Location
Kansas
TDI
2014 Passat TDI
documents uploaded 9-27
documents approved 10-26
VW lien
No offer as of yet. Claims said last week, then last friday. Nothing. Said to call back tomorrow, not sure why. I imagine they are going to use the whole 20 days which takes me to Dec. 2nd.
 
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