When do you get paid if you sign up for the fix? 50% up front or what?

[2011tdiproject]

I have heard multiple conflicting answers to this & have been asked this myself without knowing the answer, so I thought I'd ask. Hopefully someone who has signed up for the fix will answer. Thanks. Sorry if this has been asked repeatedly, my computer at my house died & I've already wasted an hour on my phone trying to find out.

 

[ArtK65]

2/3 of the total payment for the first part of the fix.

 

[scooperhsd]

Not so fast -

On the 2015's (Gen 3) with the 2 part approved fix - you get 2/3 upon completion of the first part of the fix, and the remaining 1/3 upon completion of the the 2nd part.

We can't say on the Gen 1 and Gen2 cars yet because it hasn't been released.

 

[k1xv]

But in any event, merely signing up entitles you to no payment. You are only paid after the fix is performed. And if it is in several stages, partial payment after each stage.

 

[scooperhsd]

But in any event, merely signing up entitles you to no payment. You are only paid after the fix is performed. And if it is in several stages, partial payment after each stage.

That statement - I agree with. No payment until the work is performed.

 

[flargabarg]

It's also one of the listed answers here:

https://www.hbsslaw.com/volkswagenaudi-owner-resource-hub/volkswagen-settlement-faqs

Worth reading in case you missed anything else.

 

[2011tdiproject]

Thanks for the replies. That link only addresses the payment time frame on the 2015 cars for the fix though, not the older ones, as far as I could tell anyway. I'm guessing by not explicitly mentioning it, the payment would only be at the time of repair.

 

[GoFaster]

It is anticipated that the older cars will get a one-shot repair process, not the two-step process that the 2015 models are getting. On the older models, the one-time payment is supposed to happen after that one-shot repair process is completed.

'Course, as we all know, for the older models, nothing has been approved yet, so it's all up in the air.

 

[DanB36]

It's somewhat up in the air (in that nothing's been approved yet), but the settlement agreements anticipate a single-step fix (and thus a single payment) for Gen1 and Gen2 cars. I'd say the odds are very slim that we'd see anything other than this.

 

[k1xv]

Think about it. The purpose of the settlement is to get the cars modified, or off the road. If they paid an owner before he brought it in for repair, what would stop him from pocketing the money, and never bringing it in for repair, or selling it back?

 

[dborja]

Think about it. The purpose of the settlement is to get the cars modified, or off the road. If they paid an owner before he brought it in for repair, what would stop him from pocketing the money, and never bringing it in for repair, or selling it back?

That's exactly what one of the CAS lawyers told me in one of our conversations...