Diesel Cayenne and VW emission issue
06-22-2016, 03:25 PM
#917
Intermediate
Join Date: Jun 2016
Location: RVA
Posts: 38
Likes: 0
Received 0 Likes
on
0 Posts
https://www.hbsslaw.com/cases/volkswagenaudi-emissions
They have all the court documents on the site and have been very helpful so far.
06-23-2016, 12:33 AM
#918
Rennlist Member
http://autoweek.com/article/vw-diese...n=awdailydrive
This law firm is one of the lead attorneys in the class action lawsuit.
http://blockesq.com/about-us/
You can contact them to voice your concerns about the 3.0 diesels. All the parties seem to be more concerned about the 2.0 engines. From the couple of communications I had with this law firm they seem to be quite knowleagable about the issues.
You can also follow what the court is doing through this website:
http://www.cand.uscourts.gov/crb/vwmdl
http://blockesq.com/about-us/
You can contact them to voice your concerns about the 3.0 diesels. All the parties seem to be more concerned about the 2.0 engines. From the couple of communications I had with this law firm they seem to be quite knowleagable about the issues.
You can also follow what the court is doing through this website:
http://www.cand.uscourts.gov/crb/vwmdl
06-23-2016, 02:20 AM
#919
Instructor
Join Date: Feb 2015
Posts: 127
Likes: 0
Received 0 Likes
on
0 Posts
Expected compensation
I believe VW owners had a fair compensation for their TDIs. Their cars are being bought for fair prices + they've got $5000 per vehicle. This is in most instances at least 1/3rd of their car's value.
So my question is what is the expectation for Cayenne owners? Obviously our cars are worth much more and there is no denying that our resale values (and possibly "buyer pool" for our cars) are affected adversely.
Do you believe our cars will be bought back by Porsche? Monetary compensation? Or are you set with a modification that doesn't affect performance and do not care about the loss in second hand value?
So my question is what is the expectation for Cayenne owners? Obviously our cars are worth much more and there is no denying that our resale values (and possibly "buyer pool" for our cars) are affected adversely.
Do you believe our cars will be bought back by Porsche? Monetary compensation? Or are you set with a modification that doesn't affect performance and do not care about the loss in second hand value?
06-23-2016, 03:26 PM
#921
Rennlist Member
I believe VW owners had a fair compensation for their TDIs. Their cars are being bought for fair prices + they've got $5000 per vehicle. This is in most instances at least 1/3rd of their car's value.
So my question is what is the expectation for Cayenne owners? Obviously our cars are worth much more and there is no denying that our resale values (and possibly "buyer pool" for our cars) are affected adversely.
Do you believe our cars will be bought back by Porsche? Monetary compensation? Or are you set with a modification that doesn't affect performance and do not care about the loss in second hand value?
So my question is what is the expectation for Cayenne owners? Obviously our cars are worth much more and there is no denying that our resale values (and possibly "buyer pool" for our cars) are affected adversely.
Do you believe our cars will be bought back by Porsche? Monetary compensation? Or are you set with a modification that doesn't affect performance and do not care about the loss in second hand value?
I think they will offer a cash payment and it will be (or should be) scaled appropriately for the brand and vehicle price/value and loss of value.
Assuming - with all that goes with that - that the fix doesn't impact performance, including mpg (personally, I'm OK with a slight increase in DEF, since it's cheap stuff) - then a payment to compensate for the loss in value is completely fair.
If you're done with your Cayenne, take the payment, trade or sell it at the lower value and you're whole. The payment they offer is to counter that loss in value, not because they want to apologize for the lying they did. Well, maybe the payment is slightly larger than the strict loss of value as a loyalty retention measure.
On the other hand, maybe the payment will include more "intangible" calculations. While Porsche is a performance brand, it's also a lifestyle brand (a la Harley and Apple) and there is a risk in not addressing the those intangible aspects of being a Porsche owner. Especially Cayenne owners, since there are many SUV (diesel and not) options out there. And if a Cayenne owner defects to, say LR and their new Sport diesel, will they then move to Jaguar sport cars, too? VW is a car company... Porsche is so much more, so it will be very interesting to see what they come up with. With Audi as the "middle child", it'll be interesting to see what they do with the Audi vehicles, too.
I guess we'll see... and, since this is all speculation, I could be completely wrong on the whole thing, too!
06-24-2016, 03:17 PM
#922
Rennlist Member
re: lifestyle & expectations ^^^
There was an interesting comment in the latest issue of Panorama about how US Porsche dealers are not always giving Porsche loaners for warranty and non-warranty work and that this has to be corrected as Porsche buyers have expectations that need to be met. Sounded like PCNA may assist the dealers with costs and vehicles in a few ways. But also of note was the fact that once the CD's start to come back for the diesel fixes, there will need to be a much larger fleet of Porsche loaners available. It will be interesting to see if and when that actually happens ... I also wonder if that implies the potential fix is not simply a 1 - 2 hours re-code ... I guess we'll just have to keep waiting for answers and let's hope the July date holds and is not delayed any longer (low expectations) ...
There was an interesting comment in the latest issue of Panorama about how US Porsche dealers are not always giving Porsche loaners for warranty and non-warranty work and that this has to be corrected as Porsche buyers have expectations that need to be met. Sounded like PCNA may assist the dealers with costs and vehicles in a few ways. But also of note was the fact that once the CD's start to come back for the diesel fixes, there will need to be a much larger fleet of Porsche loaners available. It will be interesting to see if and when that actually happens ... I also wonder if that implies the potential fix is not simply a 1 - 2 hours re-code ... I guess we'll just have to keep waiting for answers and let's hope the July date holds and is not delayed any longer (low expectations) ...
06-24-2016, 11:23 PM
#926
Rennlist Member
No, they certainly won't lower prices because the Euro is lower... but they'll plead poverty and say they can't afford high payments because the Euro is lower! They'll play both ends of the argument to their benefit, of course!
06-26-2016, 02:09 PM
#928
Given how little we have been told my guess is that we are all going to eat the realized and yet to realize depreciation that these cars are going to suffer from. As soon as the stop sale is over, every single dealer is going to blow out their new-old inventory. That's what my sales manager told me; he doesn't care how much they loose, they just want them off the books.
Porsche is becoming increasingly arrogant... just look at the how they handle production of cars that enthusiasts really want (GT3, GT4, 911R). I am sure they think there is enough brand loyalty that no matter what people will keep buying. For example, a friend with 3 P-cars in the family told me that I was a fool for selling my 911 and buying a BMW for track use because BMWs crash.... yep...
Porsche is becoming increasingly arrogant... just look at the how they handle production of cars that enthusiasts really want (GT3, GT4, 911R). I am sure they think there is enough brand loyalty that no matter what people will keep buying. For example, a friend with 3 P-cars in the family told me that I was a fool for selling my 911 and buying a BMW for track use because BMWs crash.... yep...
06-27-2016, 02:09 PM
#930
Best car I have ever owned, despite my grumbling about loss in value!