Settlement advice needed!!!

kappa546

Well-known member
Joined
Jan 30, 2010
Location
Lexington, KY
TDI
Nope
Is anyone opting out of the vw settlement and instead pursuing individual or class action? I received the offer letter and release of claims letter this week and the verbiage made me second guess whether I should submit it or not... So I turn to you for advice.

My story with TDI:
I purchased a 2009 jetta TDI back in January of 2010 and proudly owned it for almost 6 relatively trouble free years. On October 14, 2015 I was involved in a collision that totaled the car. This date is significant because it's after the September deadline of owning one of the affected vehicles. I ended up selling the car 2-3 weeks later for parts. Fast forward a few months and I submitted my name and information on the settlement website under whose guidelines I am categorized as an owner/seller (forget the exact terminology) and was therefore entitled to only half the settlement amount of a current owner, $2,550. Is there any reason I could use to request the full $5,100? I proceeded this way because I remember there being some language about whether the vehicle was running/not salvaged and the possibility of not being eligible for anything at all if it wasn't (which I didn't believe should exclude a 6 year owner from $$$ in the first place). Did I proceed correctly qualifying myself for half, or should I be after the full amount?

Secondly, is there any reason not to accept the cash settlement now and instead hold out for a more favorable (how realistic?) outcome through class action?

I have my offer letter signed and notarized but I figured I would ask the community before submitting them. Thanks!!
 

Snufalufagus

Veteran Member
Joined
Nov 4, 2012
Location
Alabama
TDI
11 Golf TDI, 13 CC R-Line (wifey's)
$2550 for nothing. You'll never get the full $5100. Just take the free money and run.
 

DanB36

Veteran Member
Joined
Jul 13, 2003
Location
Savannah, GA
TDI
2014 Q5 Prestige TDI, Monsoon Gray
You've missed the deadline to opt out by over two months. You can take benefits from the settlement or not, but you can't pursue your own action. And no, you have no argument for the full restitution--the only way you get the full restitution involves still owning the car, which you don't.
 

kappa546

Well-known member
Joined
Jan 30, 2010
Location
Lexington, KY
TDI
Nope
OK that's what I figured. I didn't think twice about it until I read the nearly 2 pages of opt out clauses in those papers. Just wanted to make sure I wasn't making any assumptions before I uploaded these documents.
 

Freeze Plug

Veteran Member
Joined
Oct 27, 2012
Location
CT
TDI
Turd Sandwich
as an eligible seller, take the cash and run. You have no other option for recourse
 
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