With the settlement now filed with the courts between Volkswagen, regulators, and other plaintiffs in the ongoing diesel emissions scandal, the United States District Court Northern District of California has published the exact figures for buy backs and settlement figures.
Click the jump to find out how much money you’ll receive for your affected Volkswagen and Audi 2.0-liter equipped TDI.
From the court:
Settlement Payments to Owners
The tables below show the range of possible payment amounts to owners under the Class Action Settlement. The amount you will be offered depends on whether you choose a Buyback or an Approved Emissions Modification and your car’s model year, model, trim level, and factory options.
If you choose the Buyback option, you will receive your car’s September 2015 Clean Trade Vehicle Value, plus a cash payment, ranging from a minimum of $5,100 to nearly $10,000, depending on your vehicle. If you choose the emissions modification option, you will receive a free modification plus the same cash payment. The range of total cash payments is summarized in the chart below.
Your payment will be adjusted if your car has higher or lower than standard mileage when you bring it into a dealership to participate in the settlement program. If your payment is subject to a mileage adjustment, the amount you receive may be different from what is shown below, but not less than $5,100.
These tables assume that you owned your car when the emissions accusations became public on September 18, 2015 and that you still own it. If you no longer have your car or if you purchased it after September 18, 2015, then you will be offered a lesser amount, assuming you qualify for the settlement.
Beginning July 26, 2016, you can see the exact Buyback and Approved Emissions Modification payments for your car by visiting www.VWCourtSettlement.com and entering your Vehicle Identification Number (VIN), mileage, and other required information.
Volkswagen Owners
| Model Year | Model and Trim | Buyback | Approved Emissions Modification |
|---|---|---|---|
| Option 1: Sell your car back to VW plus a cash payment for a combined total of: |
Option 2: Keep your car, get a free modification to reduce emissions plus a cash payment of: |
||
| 2009 | VW Jetta Sedan TDI | $12,475 – $14,025 | $5,100 – $5,100 |
| VW Jetta SportWagen TDI | $13,600 – $15,125 | $5,100 – $5,100 | |
| 2010 | VW Golf Hatchback 2D TDI | $15,025 – $16,877 | $5,100 – $5,302 |
| VW Golf Hatchback 4D TDI | $15,500 – $17,447 | $5,100 – $5,397 | |
| VW Jetta Sedan TDI | $13,675 – $15,350 | $5,100 – $5,100 | |
| VW Jetta Sedan TDI Cup Street Edition | $15,625 – $17,087 | $5,100 – $5,337 | |
| VW Jetta SportWagen TDI | $14,775 – $16,607 | $5,100 – $5,257 | |
| 2011 | VW Golf Hatchback 2D TDI | $17,657 – $19,817 | $5,432 – $5,792 |
| VW Golf Hatchback 4D TDI | $18,497 – $20,657 | $5,572 – $5,932 | |
| VW Jetta Sedan TDI | $16,217 – $18,347 | $5,192 – $5,547 | |
| VW Jetta SportWagen TDI | $18,227 – $20,357 | $5,527 – $5 , 882 | |
| 2012 | VW Golf Hatchback 2D TDI | $19,457 – $21,707 | $5,732 – $6,107 |
| VW Golf Hatchback 4D TDI | $20,267 – $22,517 | $5,867 – $6,242 | |
| VW Jetta Sedan TDI | $18,317 – $20,867 | $5,542 – $5,967 | |
| VW Jetta SportWagen TDI | $19,907 – $22,097 | $5,807 – $6,172 | |
| VW Passat Sedan SE TDI | $19,007 – $21,467 | $5,657 – $6,067 | |
| VW Passat Sedan SEL TDI | $23,267 – $23,387 | $6,367 – $6,387 | |
| 2013 | VW Beetle Coupe TDI | $20,627 – $23,447 | $5,927 – $6,397 |
| VW Beetle Convertible TDI | $24,047 – $26,147 | $6,497 – $6,847 | |
| VW Golf Hatchback 2D TDI | $20,657 – $23,117 | $5,932 – $6, 342 | |
| VW Golf Hatchback 4D TDI | $21,377 – $23,837 | $6,052 – $6, 462 | |
| VW Jetta Sedan TDI | $20,777 – $23,897 | $5,952 – $6,472 | |
| VW Jetta SportWagen TDI | $23,357 – $25,727 | $6,382 – $6,777 | |
| VW Passat Sedan SE TDI | $21,587 – $24,257 | $6,087 – $6,532 | |
| VW Passat Sedan SEL TDI | $26,807 – $26,927 | $6,957 – $6,977 | |
| 2014 | VW Beetle Coupe TDI | $22,907 – $25,847 | $6,307 – $6,797 |
| VW Beetle Convertible TDI | $27,047 – $29,237 | $6,997 – $7,362 | |
| VW Golf Hatchback 4D TDI | $23,957 – $26,177 | $6,482 – $6,852 | |
| VW Jetta Sedan TDI | $21,137 – $26,117 | $6,012 – $6,842 | |
| VW Jetta SportWagen TDI | $26,657 – $29,117 | $6,932 – $7,342 | |
| VW Passat Sedan SE TDI | $26,117 – $28,877 | $6,842 – $7,302 | |
| VW Passat Sedan SEL TDI | $28,847 – $28,967 | $7,297 – $7,317 | |
| 2015 | VW Beetle Coupe TDI | $24,156 – $31,686 | $6,515 – $7,770 |
| VW Beetle Convertible TDI | $27,937 – $33,835 | $7,145 – $8,128 | |
| VW Golf Hatchback 4D TDI S | $21,806 – $26,700 | $6,123 – $6,939 | |
| VW Golf Hatchback 4D TDI SE | $24,022 – $29,306 | $6,493 – $7,373 | |
| VW Golf Hatchback 4D TDI SEL | $24,022 – $31,728 | $6,493 – $7,777 | |
| VW Golf SportWagen TDI S | $24,043 – $28,588 | $6,496 – $7,254 | |
| VW Golf SportWagen TDI SE | $26,282 – $30,743 | $6,869 – $7,613 | |
| VW Golf SportWagen TDI SEL | $24,022 – $32,876 | $6,493 – $7,968 | |
| VW Jetta Sedan TDI S | $21,410 – $24,696 | $6,057 – $6,605 | |
| VW Jetta Sedan TDI SE | $22,800 – $26,458 | $6,289 – $6,899 | |
| VW Jetta Sedan TDI SEL | $24,809 – $30,149 | $6,624 – $7,514 | |
| VW Passat Sedan TDI SE | $28,367 – $31,127 | $7,217 – $7,677 | |
| VW Passat Sedan TDI SEL | $32,747 – $32,867 | $7,947 – $7,967 |
Audi Owners
| Model Year | Model and Trim | Buyback | Approved Emissions Modification |
|---|---|---|---|
| Option 1: Sell your car back to VW plus a cash payment for a combined total of: |
Option 2: Keep your car, get a free modification to reduce emissions plus a cash payment of: |
||
| 2010 | Audi A3 TDI Premium | $18,947 – $20,627 | $5,647 – $5,927 |
| Audi A3 TDI Premium Plus | $20,627 – $23,267 | $5,927 – $6,367 | |
| 2011 | Audi A3 TDI Premium | $21,287 – $23,267 | $6,037 – $6,367 |
| Audi A3 TDI Premium Plus | $23,297 – $26,867 | $6,372 – $6,967 | |
| 2012 | Audi A3 TDI Premium | $23,717 – $25,727 | $6,442 – $6,777 |
| Audi A3 TDI Premium Plus | $26,357 – $30,077 | $6,882 – $7,502 | |
| 2013 | Audi A3 TDI Premium | $25,517 – $27,647 | $6,742 – $7,097 |
| Audi A3 TDI Premium Plus | $29,357 – $33,287 | $7,382 – $8,037 | |
| 2015 | Audi A3 TDI Premium | $31,805 – $39,413 | $7,790 – $9,058 |
| Audi A3 TDI Premium Plus | $34,064 – $43,998 | $8,166 – $9,822 | |
| Audi A3 TDI Prestige | $39,076 – $44,176 | $9,002 – $9,852 |
Settlement Payments to Lessees
The tables below show the range of possible payment amounts to lessees under the Class Action Settlement. The amount you will be offered depends on your car’s model year, model, trim level, and factory options.
These tables assume that you had a leased car with VW Credit, Inc. when the emissions accusations became public on September 18, 2015 and that you did not purchase that car on or before June 28, 2016. If you had a leased car with VW Credit, Inc. on September 18, 2015 and purchased that car on or before June 28, 2016, then you are considered an owner and should use the tables on the previous two pages to find your payment range.
Beginning July 26, 2016, you can see the exact Lessee Restitution payment amount for your car by visiting www.VWCourtSettlement.com and entering your Vehicle Identification Number (VIN) and other required information.
Volkswagen Lessees
| Model Year | Model and Trim | Amount |
|---|---|---|
| 2011 | VW Jetta Sedan TDI | $2,634 – $2,807 |
| VW Jetta SportWagen TDI | $ 2,877 – $2,922 | |
| 2012 | VW Golf Hatchback 2D TDI | $2,902 – $3,062 |
| VW Golf Hatchback 4D TDI | $2,969 – $3,157 | |
| VW Jetta Sedan TDI | $2,807 – $3,019 | |
| VW Jetta SportWagen TDI | $2,939 – $3,122 | |
| VW Passat Sedan SE TDI | $2,864 – $3,069 | |
| VW Passat Sedan SEL TDI | $3,219 – $3,229 | |
| 2013 | VW Beetle Coupe TDI | $2,999 – $3,234 |
| VW Beetle Convertible TDI | $3,284 – $3,459 | |
| VW Golf Hatchback 2D TDI | $3,002 – $3,207 | |
| VW Golf Hatchback 4D TDI | $3,062 – $3,267 | |
| VW Jetta Sedan TDI | $3,012 – $3,272 | |
| VW Jetta SportWagen TDI | $3,227 – $3,424 | |
| VW Passat Sedan SE TDI | $3,079 – $3,302 | |
| VW Passat Sedan SEL TDI | $3,514 – $3,524 | |
| 2014 | VW Beetle Coupe TDI | $3,189 – $3,434 |
| VW Beetle Convertible TDI | $3,537 – $3,717 | |
| VW Golf Hatchback 4D TDI | $3,277 – $3,462 | |
| VW Jetta Sedan TDI | $3,042 – $3,457 | |
| VW Jetta SportWagen TDI | $3,502 – $3,707 | |
| VW Passat Sedan SE TDI | $3,457 – $3,687 | |
| VW Passat Sedan SEL TDI | $3,684 – $3,694 | |
| 2015 | VW Beetle Coupe TDI | $3,314 – $3,915 |
| VW Beetle Convertible TDI | $3,650 – $4,052 | |
| VW Golf Hatchback 4D TDI S | $3,064 – $3,364 | |
| VW Golf Hatchback 4D TDI SE | $3,348 – $3,689 | |
| VW Golf Hatchback 4D TDI SEL | $3,553 – $3,886 | |
| VW Golf SportWagen TDI S | $3,284 – $3,471 | |
| VW Golf SportWagen TDI SE | $3,528 – $3,834 | |
| VW Golf SportWagen TDI SEL | $ 3,713 – $4,008 | |
| VW Jetta Sedan TDI S | $3,064 – $3,446 | |
| VW Jetta Sedan TDI SE | $3,239 – $3,468 | |
| VW Jetta Sedan TDI SEL | $3,406 – $3,755 | |
| VW Passat Sedan TDI SE | $3,644 – $3,874 | |
| VW Passat Sedan TDI SEL | $4,009 – $4,019 |
Audi Lessees
| Model Year | Model and Trim | Amount |
|---|---|---|
| 2012 | Audi A3 TDI Premium | $3,287 – $3,344 |
| Audi A3 TDI Premium Plus | $3,534 – $3,782 | |
| 2013 | Audi A3 TDI Premium | $3,439 – $3,519 |
| Audi A3 TDI Premium Plus | $3,729 – $4,052 | |
| 2015 | Audi A3 TDI Premium | $3,931 – $4,616 |
| Audi A3 TDI Premium Plus | $4,122 – $4,955 | |
| Audi A3 TDI Prestige | $4,536 – $4,899 |
Holy crap this is a free for all!!!!
I’m seeing clean title TDI VWs selling for like $10K less than VW is paying out!!!!
Yeah but these payouts include the settlement money…I’d like to know how they are basing their valuation.
Yeah this seems too good to be true. There’s going to be a window where you can buy these cars for less than their value plus the expected compensation. People with cash and time on their hands are going to make out like bandits, unless there’s some catch – maybe the current owner has to have registered the car before the settlement announcement?
You need to be a owner before September 18, 2015 to be eligible, that’s pretty obvious.
Anyone have any thoughts if the IRS would consider this a taxable event? I am grossly oversimplifying here but I think that some types of settlements, those based on harm or injury, are non-taxed while others aren’t.
Non attorney paid spokesman here, but I was under the impression legal settlements are not taxable.
Based on what I learned with my Ex’s lawsuit, punitive damages and compensation for loss of income are taxed as regular income. I’m not sure what the extra cash is classified as.
Also, not a lawyer.
Just yesterday I got a flyer in the mail from the local VW dealer offering me a “special one-weekend only offer for my Jetta TDI”, good only for this weekend.
They made it look like an official correspondence from VW, like the buybacks had already started. Fine print indicated otherwise.
Classy.
Unless an owner is absolutely enamored of their TDI, I expect most owners will go for the buy back. I also expect that those who take the “authorized emissions modification” will wish they’d taken the buy back instead.
This also means that in a year or two, the used-car market will be flooded with cheap, retrofitted TDIs that VW bought-back. Might be a good opportunity, if the recall modifications aren’t as catastrophic as is currently feared.
There’s no reason for them to cause huge problems – the emissions devices bolted to GM’s 4 cylinder diesel in the Cruze are USEPA compliant and not-terrible. VW just has to do at least as good of a job as GM, which shouldn’t be difficult.
For my car, a 2010 Jetta sedan, they’re offering $5,100 compensation if I elect to keep the car and $13,675-$15,350 *total* if I choose the buyback. Subtracting the compensation amount from that indicates they’re saying the pre-scandal value of my car was $8,575-$10,250. Anyone know if NADA or other sources have historical data so I can determine if that value is somewhere in the ballpark of reality?
I would expect the buyback settlement amount is less than the “keep your car” settlement amount. In the “buyback” situation, you as an owner are impacted much less – you only have to be reimbursed for the inconvenience of trading-in a car and for VW’s false “clean diesel” advertising. In the “keep your car” situation, you have to be reimbursed for all of the above, plus whatever the performance/economy/reliability impacts of the recall are, and the lost future resale value of the car.
But IANAL and I don’t know the details.
What about V6 TDI Audi owners? They are closer to the 1% and need immediately relief!
The V6 didn’t have a cheat device…. that we know of
Do you mean the 3.0L TDI like in the Q5 or Touraeg? AFAIK they can be fixed with software changes, so most likely less money for them just to cover loss of value.
Now that they’ve admitted their guilt, and they surely have with this settlement offer, it’s still not over.
There’s gonna be a sharp lawyer somewhere who will advise against these settlements and go after VW with a class action lawsuit to get an even better payday.
These amounts seem to be a bit on the high side, probably because VW legal is afraid of exactly that, and wants to make those inevitable lawsuits as difficult to argue as possible.
actually whiskeyriver- they do not admit guilt. That was pretty obvious in the press release I saw. I got 135k on my 2010 TDI wagon. Guess I have to wait till September to see what kind of mileage hit i’m going to get. Most of the 4-6 VW tdi owners I have talked to since September have been willing to buy another vw (gas or diesel) once they got paid. Most are annoyed at VW for violating the law, but once government has punished them, to forgive and forget. Me too.
Suing VW will of course be a bit of a crap shoot. Yes, the lawyers may be able to win a larger settlement per car, but will owners actually come out ahead considering lawsuits could take years to complete (since there will likely be appeals) and the lawyers will take a significant chunk of any settlement as legal fees?
I don’t know which way would benefit the owner the most. I do, however, know a lot of lawyers. A lawyer somewhere will be all in.
There’s also a table (that looks depressingly like the Federal tax table) to adjust the amount for mileage. The way it works is you calculate the number of months elapsed since September 2015, multiply that number by 1,042 and subtract the result from your odometer reading.
The bands in the mileage table are in 5,000 mile increments. In my case if I drive very sparingly next month I drop into the next lower band which earns me another $350. If you are taking the money, you might want to work out the mileage carefully unless $350 doesn’t mean much to you.
My original intent was to run the car into the ground, which is what I have generally done, but this settlement means I’ve had 5 years of relatively inexpensive motoring instead.
Took me a while to find the tables. Turns out Jalopnik has an article with links to all the info. The amount owners will be offered varies based on year, model, region the car was registered in during 2015, options and mileage. I was able to calculate a specific buy back amount for my car, which took a $750 hit for being a manual but gained almost $2,500 due to very low mileage. I was also able to determine that going over the next mileage threshold (I’m about 1,500 miles away from it at the moment) will reduce the amount by about $200.
At least now I have a pretty specific amount to chew on while I consider my options.
My 2009 Jetta Sportwagen has 207,000 miles so the $13,600 suggested here is pretty close to what I estimated. Add in the $4500 Cash for Clunkers incentive I received, the California clean car tax credit I also got; add back 7 years of tires (two sets bought), batteries (two), and regular by the book maintenance and I’ve been motoring for about a net investment of $8000. And diesel being cheaper than gasoline for most of that time and it drops further. No question what I’m doing.
I would totally take the buyback, rather than risk the performance/resale implications of the repair.
And then I’d buy a Hyundai or Kia product.
A relative bought a gasoline TDI just before all this came to light. He got a screaming deal on it; the dealership was bascially out to meet their quota come hell or high water. I’m wondering if he’s looking at these figures and kicking himself for not opting for one of the turbo diesels. Now he’s stuck with a car from a tarnished brand, with hurt resale to show for it.
A True Believer will pay good money for a used VW, but a dealer probably won’t.
I think you mean “TSI”; The “TDI” models are the diesel ones.
He does. But in his defense, I have seen TDI used as an acronym for Turbo Direct Injection, which just confuses everyone.
Adding to the confusion is that there are gasoline engine designs in R&D that run on compression — rather than spark — i.e., dieseling.
Ford refers to their gas engines with direct injection and turbochargers as GTDI. Their marketing department seems to like to brand things and make it confusing at the same time. Ecoboost GTDI!!!
You see, Adam,
This is what DW was talking about. The article is about VW, but you TTAC people always bring everything back to Ford. The pro-Ford bias is EVERYWHERE on this site.
/sarc
Hahaha. Big Al from Oz agrees as well.
*cough* *cough*
My neighbor bought a VW diesel.
*cough* *cough*
My air has been polluted.
*cough* *cough*
Where’s my money?
Seriously, as the article states, this is far from over. This settlement is merely dealing with the depreciated value of the vehicles. The criminal part of the investigation continues.
Did you read how the EPA gets $2.7B to clean up the air?
Meanwhile the tabbacco industry still exists…
Anyone gonna go to prison over this?
Or we just gonna see another typical fine/slap on the wrist, everyone gets paid, and we all just move along, nothing to see here?
While I think we all know it’s going to be the latter, it would be nice to see someone actually do some time for this malfeasance.
While this settlement looks VERY generous for most owners, it has one GAPING flaw… it COMPLETELY screws over owners who (for whatever reason) sold their car after the scandal broke.
The amounts are based on two components:
1) buyback value tied to the value of the car — this acknowledges that owners suffered an economic loss as a result of VW’s deception
2) owner reconstitution — this acknowledges that there are other aspects of the scandal that must be addressed (this is rolled into the buyback amount if an owner chooses this.
So if you owned one of these vehicles and sold after the scandal, you get ONLY half of the restitution amount. The new owner (who knew what they were buying, reflected in the market price of the car) gets the other half. Additionally, they get the pre-scandal market value — the NEW owner recoups the economic loss of the ORIGINAL owner…
This is completely unacceptable. The consumer most impacted by the scandal gets a fraction of the compensation given to those who bought these cars at bottom rung prices. Congratulations VW — you have rewarded those who bought these cars on speculation and left the original owners with only a tiny portion of what should be due.
If a system can be abused, it will be abused, as evidenced by more than one comment in this forum. People will go out of their way to ‘game’ the system if there’s a chance to make some profit out of it.
And if I understand the legal document and the available lay translations correctly, if you sell the car after June 28 2016 you are not eligible for anything…does that mean the new owner is also ineligible?
The new owner could presumably participate in the buyback, but they wouldn’t get the penalty cash payment.
I’m going to turn mine in, so that piece of illegal machinery in my driveway is a $25k (give or take) bank deposit as long as it is intact in my driveway.
What if I drive it somewhere and it gets crashed? Should I bother to fix it (and cough up the deductable for a car that’s going away in a few months anyway)?
What if the car meets the same end that my previous Jetta did, a cellphone wielding inattentive lout broadsides the car and totals it? Should I refuse to trade title for a check (which right now would probably be around $14k according to the various on=line “blue books”) and hope that VW gives me my $25k for the scrap metal?
Or should the car sit under cover in the driveway in anticipation of converting it to good cash?
I don’t see anything in the documents that specifies that condition at the time of buyback (other than mileage) influences the buyback + Owner Restitution amount….did I miss that?
My thoughts as well, I am almost afraid to drive it now knowing how much my buyback offer is going to be, I don’t want anything to screw that up for me!
This is going to create some interesting issues re insurance payouts for those unlucky folks who manage to total their TDIs before VW can buy them back. These are the most precisely valued cars on the planet right now, and considerably higher than they were last week.
So the court docs say:
Buyback” shall mean the return of an Eligible Vehicle by an El
igible Owner to Settling Defendants, under terms and in accordance with a process to be established by Settling Defendants consistent with this Appendix A, in exchange for a payment that equals or exceeds the Retail
Replacement Value.
In my mind, “retail replacement value” is higher than “clean trade-in value”.
Any thoughts?
I’m sure there’s a specific method for determining “Retail Replacement Value” somewhere in the settlement, but yes, people turning in a TDI will get better than dealer-trade-in, plus the penalty cash.
Doesn’t the BuyBack (column 1) indicate all that a TDI owner would get? So my 2012 Golf TDI 4 dr rings in at $22,127 minus mileage (nearly $80k) – $810 = $21,317. From your post, sounds like penalty cash would be added to this .. thought it was baked into the Column 1 number. Originally I was adding in Column 2 to my $21,317 but the articles are written to imply otherwise.
So does anyone know if it’s Column1 or Column 1 + Column 2 — if we do the buy back?
It is just Column 1 if you are doing the buyback, it is the composite of the estimated NADA value plus the penalty charge; but plus a mileage adjustment outlined in attachments 2a – c of the court settlement. You wou not be the first to have observed the first column to seem inadequate and combined the two.
If I decide to keep my car,do I have to let VW repair it?
No, you can park it in your yard as a lawn ornament, or drive it in a state/locality that doesn’t care about emissions. You won’t get any money from the settlement, and drivetrain parts may/will become scarce or unobtainable in a few years.
I am a little concerned with the buyback I will be receiving as I bought my TDI exactly 9 days prior to the announcement. I bought a left over 2014 so even with a credit for my only having 3000 miles on my 2014 vehicle the buyback figure including cash is going to be less than what I paid for the vehicle. I really do not want to have to sue them to get back what I bought it for, but will if I have to. I should not be punished for their bad behavior. I have owned or leased 9 VW’s over the last 26 years but I am moving on as soon as possible. I actually got out of a lease early to get into the TDI…if only I had listened to my husband and waited. :(
I bought my Jetta SEL in late July 2015.
Based on these comments, I’m going to assume that the buyback amount of $28,000 INCLUDES the restitution payment?
I walked off the lot having paid a little over $28,000 including taxes and destination fee. I also paid an additional $1500 for an extended 100,000 mile warranty. Total = $29,600.
When the scandal broke, my car had a little over 1,000 miles on it. According to the charts, I’m going to receive $28,000 if I participate in the buyback.
In essence, I gain nothing. And if the dealer doesn’t refund what I paid for the extended warranty, I actually lose money.
I feel your pain. I actually bought my Beetle Convertible TDI 9 days before the news broke. I had 100 miles on my car. I spent $33,000 on my vehicle because I got out of a lease early to get into the diesel. Based on the charts here I would lose about $4,000. I tried to return the car to the dealership as soon as news broke and they told me I had to wait it out. I sincerely hope that they make this right. I was a 9 time, 26 yr VW customer. Already have a new vehicle picked out and it is not a VW. :(
Might be wrong, but a Jetta SEL TDI 4D comes in at $28,006 and with Alluminum/Alloy wheels add $480 = $28,486
Now what about mileage? If you have driven 1000 miles per month since then, let’s assume you have 15,000 miles on your car now.
Attachment 2A – of the settlement indicates: 13 months x 1042 = 13,546 miles since the announcement. It’s a diesel, why kill us on miles?
The 13 months works out to October 2016. This is the earliest the checks will be rolling out.
Anyway take your miles: 15,000 – 13,546 = 1454 miles .. now go to the table in Attachment 2A — you’ll see you qualify for $4,410
AGAIN.. if I read this right: $28,486 + $4,410 (low miles) = $32,896 maybe the number you’ll get.
This is in comparison to my 2012, 80k miles, I lose (?) $810 from my total because I have driven more miles.
*MAYBE* what they are doing is paying a penalty for vehicles that have been driven for a longer period or more miles. Not sure.. just seems that way. Your car kicked out more NOx, so we need to take money from your settlement and stick it in another bucket.
Correction: Thought about this again today after running into a Passat TDI SE owner.
Anyway take your miles (2015 Jetta SEL) : 15,000 – 13,546 = 1454 miles .. now go to the table in Attachment 2A — you’ll see a 2015 car qualify for $870 adjustment to the $28,486
$28,486 + $870 = $29,356 — sorry, this maybe the number you’ll see vs the $32k. I was looking in the 2011 model year when quoting the $4,410 (low miles) number.
Still pretty nice! $29k
Again, when I walked off the lot paying $29,600 in late July, I don’t see how receiving a check for $29,300 is “pretty nice”.
Basically, from what I’ve read, they’re setting the base “value” for 2015 vehicles at 71% of the purchase price.
Ridiculous…
Page, was $29,600 the cash price out the door with sales tax? I’m getting 3800 over my out the door price.
$29,600 was my out-the-door price. That’s my complaint here. I bought a 2015 at the end of the model year. 2016 Jettas were due to come out shortly. I got a good price, but when the scandal broke, I had just over 1,000 miles on the car (and it had 616 when I bought it. And yet, they’re saying the “trade in” value is 71% of my purchase price.
Looks like my Passat 2012 sel w/58k+ miles will fetch me around $30k. Definitely taking the buyback. When I first read about this about two weeks ago, I remember seeing that they were buying back regardless of the condition. Guess we should all just wait until July 28th when the judge finalizes this whole mess
I’m pleased with the buyback terms. I will replace my 2015 Passat TDI SEL with a Mercedes E250 BlueTec 4MATIC, which will be a very good upgrade in terms of comfort and ride quality, though with some loss of mileage efficiency.
Why did some of you pay so much for your Jetta – my 2015 SEL, standard trans was just under $25K out the door in April 2015 and that included $400 in options(mats etc). I had the windows tinted and had a clear bra put on at an additional cost of around $500. Has only 12K miles. I planned on keeping this thing until the wheels fell off. I will probably turn it back and hope the new TDI that comes out is half as good or look for one used down the road.