Diesel Cayenne and VW emission issue
#2869
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I wasn't able to find out any info based on milage, nor how they adjust for it. Our mileage allowance is 12,500 per year, price of buyout will be adjusted based on wether you are over or under.
PORSCE NOTE: NADA covers about 6 options for the cayenne when I checked my 2014 value out on their site. We all know the that if you have a heavy optioned CD, your MSRP will be pretty high relatively.
I also called NADA, found out that they can redirect you to their site where for $50 you can find out the current value of your car for the Sept 2015 date. I passed, my budget for this mess was eaten by PACER System and charging you to view docs.
I forget the formula, but here is what I calculated mine to roughly be. NO FIX
2014 Porsche Cayenne MSRP 81,000.
Clean retail value at 9/2015 approx 55,000 - 50,000 (vehicle value) + State sales tax (was about $3,500 for me)
From their: Add Fixed component 11,288 + Vehicle value Difference + sales tax = 14,788
Final Payment: $14,788 + 50,000 = $64,788
I guessed that the $50K and $55k as I didn't have the actual NADA values. I am below standard mileage.
PORSCE NOTE: NADA covers about 6 options for the cayenne when I checked my 2014 value out on their site. We all know the that if you have a heavy optioned CD, your MSRP will be pretty high relatively.
I also called NADA, found out that they can redirect you to their site where for $50 you can find out the current value of your car for the Sept 2015 date. I passed, my budget for this mess was eaten by PACER System and charging you to view docs.
I forget the formula, but here is what I calculated mine to roughly be. NO FIX
2014 Porsche Cayenne MSRP 81,000.
Clean retail value at 9/2015 approx 55,000 - 50,000 (vehicle value) + State sales tax (was about $3,500 for me)
From their: Add Fixed component 11,288 + Vehicle value Difference + sales tax = 14,788
Final Payment: $14,788 + 50,000 = $64,788
I guessed that the $50K and $55k as I didn't have the actual NADA values. I am below standard mileage.
#2871
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Here is the response from NADA about how to get the value of your vehicle for a date in the past:
The link to the purchase page:
http://www.nada.com/b2b/GetValues/Vi...ves-on-the-Web
To reach our Editors you can call 800-544-6232 extension 7006
Customer Service Representative I
Valuation Services
The link to the purchase page:
http://www.nada.com/b2b/GetValues/Vi...ves-on-the-Web
To reach our Editors you can call 800-544-6232 extension 7006
Customer Service Representative I
Valuation Services
#2872
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I wasn't able to find out any info based on milage, nor how they adjust for it. Our mileage allowance is 12,500 per year, price of buyout will be adjusted based on wether you are over or under.
PORSCE NOTE: NADA covers about 6 options for the cayenne when I checked my 2014 value out on their site. We all know the that if you have a heavy optioned CD, your MSRP will be pretty high relatively.
I also called NADA, found out that they can redirect you to their site where for $50 you can find out the current value of your car for the Sept 2015 date. I passed, my budget for this mess was eaten by PACER System and charging you to view docs.
I forget the formula, but here is what I calculated mine to roughly be. NO FIX
2014 Porsche Cayenne MSRP 81,000.
Clean retail value at 9/2015 approx 55,000 - 50,000 (vehicle value) + State sales tax (was about $3,500 for me)
From their: Add Fixed component 11,288 + Vehicle value Difference + sales tax = 14,788
Final Payment: $14,788 + 50,000 = $64,788
I guessed that the $50K and $55k as I didn't have the actual NADA values. I am below standard mileage.
PORSCE NOTE: NADA covers about 6 options for the cayenne when I checked my 2014 value out on their site. We all know the that if you have a heavy optioned CD, your MSRP will be pretty high relatively.
I also called NADA, found out that they can redirect you to their site where for $50 you can find out the current value of your car for the Sept 2015 date. I passed, my budget for this mess was eaten by PACER System and charging you to view docs.
I forget the formula, but here is what I calculated mine to roughly be. NO FIX
2014 Porsche Cayenne MSRP 81,000.
Clean retail value at 9/2015 approx 55,000 - 50,000 (vehicle value) + State sales tax (was about $3,500 for me)
From their: Add Fixed component 11,288 + Vehicle value Difference + sales tax = 14,788
Final Payment: $14,788 + 50,000 = $64,788
I guessed that the $50K and $55k as I didn't have the actual NADA values. I am below standard mileage.
#2873
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My trade 1-2 weeks before this happened was 42k with 45k miles on a 13. I thought that was weak as retail seemed closer to 50k so I passed on it.
Even if we get 60k for the car, what could we buy that would be equal? Any other non Turbo Cayenne will just be a huge step down in my opinion. I even demoed a GTS not too long ago and was pretty meh on it. We're still the same generation so not too much to get excited with. Other brands do not really interest me for this type of car.
Even if we get 60k for the car, what could we buy that would be equal? Any other non Turbo Cayenne will just be a huge step down in my opinion. I even demoed a GTS not too long ago and was pretty meh on it. We're still the same generation so not too much to get excited with. Other brands do not really interest me for this type of car.
#2874
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My trade 1-2 weeks before this happened was 42k with 45k miles on a 13. I thought that was weak as retail seemed closer to 50k so I passed on it.
Even if we get 60k for the car, what could we buy that would be equal? Any other non Turbo Cayenne will just be a huge step down in my opinion. I even demoed a GTS not too long ago and was pretty meh on it. We're still the same generation so not too much to get excited with. Other brands do not really interest me for this type of car.
Even if we get 60k for the car, what could we buy that would be equal? Any other non Turbo Cayenne will just be a huge step down in my opinion. I even demoed a GTS not too long ago and was pretty meh on it. We're still the same generation so not too much to get excited with. Other brands do not really interest me for this type of car.
I'd consider adding a few bucks and looking at a GTS. A quick search turned up two locally - a '14 with 8k for 77, and a '13 with 21k for 57. I imagine a '15+ GTS is probably somewhere in the 80s?
You're right tho - it WILL be tough to beat the diesel. As a street car and daily, I love it. But I'd at least sniff around and take some test drives.
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#2875
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guys, guys, guys. I would suggest to just focus on the "fix" plus change money. I have said that before, why do all this rather than copy how the 2.0 was done? Because I doubt a buyback will happen. That part of the settlement in IMHO is window dressing to make everyone (but us) look nice. I bet the regulators are going to approve the "timely certified emissions repair."
#2876
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guys, guys, guys. I would suggest to just focus on the "fix" plus change money. I have said that before, why do all this rather than copy how the 2.0 was done? Because I doubt a buyback will happen. That part of the settlement in IMHO is window dressing to make everyone (but us) look nice. I bet the regulators are going to approve the "timely certified emissions repair."
#2878
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So I also see where the buyback is just window dressing at this point but I am concerned by the following.
-We only get a $500 payoff is "performance" is altered. So does that give Porsche carte blanche to manipulate MPG and HP to satisfy the authorities and that only costs them an additional $500. This is a big issue for me!
-Also , there were rumors (admit that this was not confirmed) that Porsche would provide free Ad Blue once the fix was made with the assumption that the "fix" would cause the car to use more Ad Blue. Now we only get one free oil change/Ad Blue under this agreement and only if the fix is not in place by a certain date?
-We only get a $500 payoff is "performance" is altered. So does that give Porsche carte blanche to manipulate MPG and HP to satisfy the authorities and that only costs them an additional $500. This is a big issue for me!
-Also , there were rumors (admit that this was not confirmed) that Porsche would provide free Ad Blue once the fix was made with the assumption that the "fix" would cause the car to use more Ad Blue. Now we only get one free oil change/Ad Blue under this agreement and only if the fix is not in place by a certain date?
#2879
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I did the math a few pages back (https://rennlist.com/forums/porsche-...l#post13908332) - and if the fix cuts average fuel mileage by 25%, at an average of 15k miles/year, and $3.00/gal fuel price, it's about $290/yr in extra fuel.
So the $500 could be compensation for almost 2 years worth of extra fuel consumption if you drive 15k/yr.
Personally I'd rather take a MPG hit and keep the power/torque/drivability for a measly <$300/yr in extra fuel costs. Especially since, in my area at least, diesel is ~$2.25/gal - so that $500 goes further.
To me, if that's how they came up with the number AND assuming by "performance" they mean fuel mileage, then I'd say it's fair compensation. I don't think VW is looking to put people AHEAD, only cover them for loss.
#2880
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guys, guys, guys. I would suggest to just focus on the "fix" plus change money. I have said that before, why do all this rather than copy how the 2.0 was done? Because I doubt a buyback will happen. That part of the settlement in IMHO is window dressing to make everyone (but us) look nice. I bet the regulators are going to approve the "timely certified emissions repair."
So if the '15 value of a CD is around $55K, then the payment would be about $9000, based on this formula:
(Note: that amount can vary with options)
Originally Posted by Proposed Settlement Agreement, Exhibit 1B, para B.8., page 4
For an Eligible Owner who acquired a new vehicle at any point in time or a used vehicle on or before September 18, 2015, the Owner Repair Payment will be 10% of the Base Vehicle Retail Value of the Eligible Vehicle, adjusted for options but not mileage, plus $3,596.74.
In the event there isn't an APPROVED fix, then the amount you get upfront is applied as against your buyback amount or the partial reduction fix amount.
That's the way I read it, anyway. I also don't see anything in here about Bosch, so I think their settlement payment is in addition to anything in this one.
[edit]In fact, I just read this: "Notwithstanding the foregoing, this Release does not release any claims against Robert Bosch GmbH and Robert Bosch, LLC or any of its former, present, and future owners, shareholders, directors, officers, employees, attorneys, affiliates, parent companies, subsidiaries, predecessors, or successors unless the Court approves any settlement between Bosch and members of the Class in any way related to, or arising from, the 3.0-liter TDI Matter."
Last edited by skiahh; 02-01-2017 at 09:28 PM.