Diesel Cayenne and VW emission issue
10-04-2017, 04:35 PM
#4111
Probably... but isn't it better that CA collect your money, and THEY waste it, then you going and wasting it yourself?
10-04-2017, 04:36 PM
#4112
Rennlist Member
Originally Posted by OmniGLH
Probably... but isn't it better that CA collect your money, and THEY waste it, then you going and wasting it yourself?
10-04-2017, 05:10 PM
#4114
Three Wheelin'
Oh, I don't know... $500 for ~67,000 vehicles is $33,500,000. Each month. For 3 months, that's just over $100 million. I think they have a lot to lose. And it doesn't go back to the court, it goes to owners.
And if they don't get a fix approved after the 90 days, it goes into buyback, so after paying out the $100 million, they're now buying back the vehicles at a cost of 3-5 billion dollars, depending on the average cost per vehicle.
The longer it takes, the more it costs so dragging it out isn't in VW's interest here.
And if they don't get a fix approved after the 90 days, it goes into buyback, so after paying out the $100 million, they're now buying back the vehicles at a cost of 3-5 billion dollars, depending on the average cost per vehicle.
The longer it takes, the more it costs so dragging it out isn't in VW's interest here.
10-05-2017, 01:25 PM
#4116
Rennlist Member
So your buyback or partial fix payment would be less that first half repair payment we all got. Can't see how that's unfair.
10-05-2017, 02:47 PM
#4117
Rennlist Member
Some of us already said as much in the "discussions" early on in this thread 
Is what they are trying to accomplish the right thing? I think so. Are the attack the wrong source at this time (in relation to making an actual difference)? Absolutely. It is equally absolute that VW played some dirty pool and needed to be smacked around. This is, I believe, a case of "does the punishment fit the crime?" though.
Is what they are trying to accomplish the right thing? I think so. Are the attack the wrong source at this time (in relation to making an actual difference)? Absolutely. It is equally absolute that VW played some dirty pool and needed to be smacked around. This is, I believe, a case of "does the punishment fit the crime?" though.
10-05-2017, 02:52 PM
#4118
Rennlist Member
Oh, I don't know... $500 for ~67,000 vehicles is $33,500,000. Each month. For 3 months, that's just over $100 million. I think they have a lot to lose. And it doesn't go back to the court, it goes to owners.
And if they don't get a fix approved after the 90 days, it goes into buyback, so after paying out the $100 million, they're now buying back the vehicles at a cost of 3-5 billion dollars, depending on the average cost per vehicle.
The longer it takes, the more it costs so dragging it out isn't in VW's interest here.
And if they don't get a fix approved after the 90 days, it goes into buyback, so after paying out the $100 million, they're now buying back the vehicles at a cost of 3-5 billion dollars, depending on the average cost per vehicle.
The longer it takes, the more it costs so dragging it out isn't in VW's interest here.
10-12-2017, 12:18 PM
#4121
Instructor
It seems I've fallen for a '14 CD. It's tasty, I love it and I want one. The VW Emissions issue give me pause, so I'm hoping those of you that have been following it closely can savvy me up.
As best as I can determine, there's a $1500 payout from Bosch that's been sent out; some have it all, some received half. This all depends on ownership or lease history. However, I'm not sure on the details here.
I also see mention of a $9500 disbursement.
Additionally, there doesn't seem to be a fix yet, I think? There is also talk of a buy-back, though that has largely been for the 3.0L TDI VW vehicles. None yet announced for the CD.
For reference, I'm looking at a '14 CD with two California owners. It would be registered in the state of Washington.
What can my fellow Rennlisters share? Is there another place you can point me? Do I send it on this Cayenne Diesel or look for a gasser?
As best as I can determine, there's a $1500 payout from Bosch that's been sent out; some have it all, some received half. This all depends on ownership or lease history. However, I'm not sure on the details here.
I also see mention of a $9500 disbursement.
Additionally, there doesn't seem to be a fix yet, I think? There is also talk of a buy-back, though that has largely been for the 3.0L TDI VW vehicles. None yet announced for the CD.
For reference, I'm looking at a '14 CD with two California owners. It would be registered in the state of Washington.
What can my fellow Rennlisters share? Is there another place you can point me? Do I send it on this Cayenne Diesel or look for a gasser?
10-12-2017, 01:11 PM
#4122
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Now it seems that Porsche is asking Audi to foot their bill...
http://www.motortrend.com/news/porsc...utomaker-audi/
http://www.motortrend.com/news/porsc...utomaker-audi/
10-12-2017, 03:03 PM
#4123
It seems I've fallen for a '14 CD. It's tasty, I love it and I want one. The VW Emissions issue give me pause, so I'm hoping those of you that have been following it closely can savvy me up.
As best as I can determine, there's a $1500 payout from Bosch that's been sent out; some have it all, some received half. This all depends on ownership or lease history. However, I'm not sure on the details here.
I also see mention of a $9500 disbursement.
Additionally, there doesn't seem to be a fix yet, I think? There is also talk of a buy-back, though that has largely been for the 3.0L TDI VW vehicles. None yet announced for the CD.
For reference, I'm looking at a '14 CD with two California owners. It would be registered in the state of Washington.
What can my fellow Rennlisters share? Is there another place you can point me? Do I send it on this Cayenne Diesel or look for a gasser?
As best as I can determine, there's a $1500 payout from Bosch that's been sent out; some have it all, some received half. This all depends on ownership or lease history. However, I'm not sure on the details here.
I also see mention of a $9500 disbursement.
Additionally, there doesn't seem to be a fix yet, I think? There is also talk of a buy-back, though that has largely been for the 3.0L TDI VW vehicles. None yet announced for the CD.
For reference, I'm looking at a '14 CD with two California owners. It would be registered in the state of Washington.
What can my fellow Rennlisters share? Is there another place you can point me? Do I send it on this Cayenne Diesel or look for a gasser?
The ~$9500 settlement gets split between the "current registered owner" and the "previous registered owner", 50/50. If no previous registered owners, then the current owner gets it all. They split that payment 50/50 - half now, half after you get the fix done. If you have the VIN I think you can drop it into the site I linked to above to find out if it's still eligible.
You are correct, there is no fix yet.
Buybacks are only on "Gen 1" 3.0 TDI's now, which are 2012 and older. All Cayennes are "Gen 2" and not subject to buyback.
The Bosch payout is also apparently being split 50/50 (half before, half after taking the fix.)
I'm not sure how things shake out for people buying vehicles today, since there's a chance that the previous owner(s) have already registered and collected part of the payout.
IMO I wouldn't buy the CD solely based on the potential to collect some of the payout. I bought mine originally not thinking there would be ANY kind of payout. The fact that I did is just a bonus. They're awesome vehicles. I love mine to death.
10-12-2017, 03:13 PM
#4124
Instructor
This is a good place to start: https://www.vwcourtsettlement.com/en/3-0-models/
The ~$9500 settlement gets split between the "current registered owner" and the "previous registered owner", 50/50. If no previous registered owners, then the current owner gets it all. They split that payment 50/50 - half now, half after you get the fix done. If you have the VIN I think you can drop it into the site I linked to above to find out if it's still eligible.
You are correct, there is no fix yet.
Buybacks are only on "Gen 1" 3.0 TDI's now, which are 2012 and older. All Cayennes are "Gen 2" and not subject to buyback.
The Bosch payout is also apparently being split 50/50 (half before, half after taking the fix.)
I'm not sure how things shake out for people buying vehicles today, since there's a chance that the previous owner(s) have already registered and collected part of the payout.
IMO I wouldn't buy the CD solely based on the potential to collect some of the payout. I bought mine originally not thinking there would be ANY kind of payout. The fact that I did is just a bonus. They're awesome vehicles. I love mine to death.
The ~$9500 settlement gets split between the "current registered owner" and the "previous registered owner", 50/50. If no previous registered owners, then the current owner gets it all. They split that payment 50/50 - half now, half after you get the fix done. If you have the VIN I think you can drop it into the site I linked to above to find out if it's still eligible.
You are correct, there is no fix yet.
Buybacks are only on "Gen 1" 3.0 TDI's now, which are 2012 and older. All Cayennes are "Gen 2" and not subject to buyback.
The Bosch payout is also apparently being split 50/50 (half before, half after taking the fix.)
I'm not sure how things shake out for people buying vehicles today, since there's a chance that the previous owner(s) have already registered and collected part of the payout.
IMO I wouldn't buy the CD solely based on the potential to collect some of the payout. I bought mine originally not thinking there would be ANY kind of payout. The fact that I did is just a bonus. They're awesome vehicles. I love mine to death.
I did stumble upon the site and plugging in in the VIN, it is included in the warranty. Without registering, I can't tell if there's been any pay-out.
I'm not all that concerned about the pay-out. The hook was set before I dug into that issue. The vehicle is superb and a fitting replacement for my RRS.
My other concern is how much an issue it will be to get it re-registered and/or smogged here in Washington if/when the fix is released.
10-12-2017, 03:13 PM
#4125
I bought a 2013 Cayenne diesel last November. I paid $34k out the door from a Porsche dealer. Mine is about average for options and it had 70k miles. I think it has been a wonderful car and I too did not buy it planning on getting any settlement money. I have received about $2,500 from the 1st payments from both Bosch and Porsche (the check was from Audi). I am curious about the fix and how it might alter the performance. Someone mention that it would lose about 2 mpg. If the fix does not affect the performance and I lose mpg then it would make sense to have the fix performed (financially). I probably use about 500 gallons of diesel per year and losing 2 mpg in city driving of 23 mpg comes out to less than 50 gallons lost per year. At $2.35 per gallon for diesel that will cost me about $120 a year. $2,500/120 = about a 21 year payback.