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re: Volkswagen to Pay More Than $10 Billion to Settle Emissions Claims (Updated)
Posted on 6/28/16 at 10:58 am to RebelExpress38
Posted on 6/28/16 at 10:58 am to RebelExpress38
Update in OP
1
Posted on 6/28/16 at 1:25 pm to RebelExpress38
Hmm, interesting. If I opt to keep & fix, but no fix is presently available, it seems like I can just keep driving while pocketing VW's cash. And if no fix is ever approved, what happens then? Will VW buy back my vehicle in 2 years when they can't make it meet emission standards?
Posted on 6/28/16 at 1:41 pm to hungryone
I also noticed they're using clean trade value. Not retail.
Posted on 6/28/16 at 2:22 pm to Golfer
Blue book on my car is like 5-6k max since it has so many miles and is a 2011. But that link says even an 09 Jetta would be worth at least 12k? How are they figuring that?
Posted on 6/28/16 at 2:31 pm to RebelExpress38
Our 2013 had about 80k on it when the scandal broke. Current NADA clean trade has it at $10,775 for 80k miles. Assuming the vehicle has lost about 15% of its value due to the scandal, that would put ours at around $12,400 buyback plus the TBD cash compensation.
Posted on 6/28/16 at 3:32 pm to Golfer
quote:
“By duping the regulators VW turned half a million American drivers into unwitting accomplices in an unprecedented assault on our environment,” Deputy U.S. Attorney General Sally Q. Yates said in a press conference.
Posted on 6/28/16 at 4:16 pm to barry
Welp, guess I'm a environmental criminal... 
Posted on 6/28/16 at 4:22 pm to Golfer
Yeah, I'm an environmental criminal driving a 2 liter engine getting 55 mpg.....while I'm surrounded by freakin' commuters driving heavy-duty diesel trucks that don't have to meet passenger car emissions standards. And those idiots who are rollin' coal...
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