VW settles for $14.7 billion
#31
Rennlist Member
What's stopping someone from going out and buying one of these cars in order to cash in?
Did owners have to be owners prior to the 2015 date?
Only reason I'm asking is that it would be smart to buy one, trade it in, receive that credit plus the compensation on a new VW (say a Golf R...)
Nevermind...answered my own question:
https://www.vwcanadasettlement.ca/en/
Did owners have to be owners prior to the 2015 date?
Only reason I'm asking is that it would be smart to buy one, trade it in, receive that credit plus the compensation on a new VW (say a Golf R...)
Nevermind...answered my own question:
https://www.vwcanadasettlement.ca/en/
#32
Nordschleife Master
What's stopping someone from going out and buying one of these cars in order to cash in?
Did owners have to be owners prior to the 2015 date?
Only reason I'm asking is that it would be smart to buy one, trade it in, receive that credit plus the compensation on a new VW (say a Golf R...)
Nevermind...answered my own question:
https://www.vwcanadasettlement.ca/en/
Did owners have to be owners prior to the 2015 date?
Only reason I'm asking is that it would be smart to buy one, trade it in, receive that credit plus the compensation on a new VW (say a Golf R...)
Nevermind...answered my own question:
https://www.vwcanadasettlement.ca/en/
If you purchased your vehicle after September 18, 2015 and are the current owner, you may be eligible to choose:
Approved Emissions Modification. Keep your vehicle AND receive an extended emissions warranty AND Cash Payment. This option is only available if a modification is approved by regulators.
Approved Emissions Modification. Keep your vehicle AND receive an extended emissions warranty AND Cash Payment. This option is only available if a modification is approved by regulators.
#33
Rennlist Member
The way the deal reads it's very advantageous for owners to trade in to a VW product and get the cash on top of a the trade in. Not a bad deal at all. My friend has a 2010 Golf TDI, top of the line all leather, 6 speed, only 90K on it. He wants to sell it to me, I want to buy it from him, but realistically I can't compete with VW.
#34
Rennlist Member
So what do they do with the cars that get traded in? Sounds like an opportunity for a great deal (in a province like NS with no emission testing....yet).
#35
Drifting
I didn't wade through the whole FAQ download at the vwsettlement dot ca website, but reading an article on driving.ca by David Booth, he seems to think that VW owners will be happy.
I am waiting to see what they are going to do about my wife's 2011 q7 TDI. looking at the audi Canada website, it leads me to believe that they are going to scrap/buyback the '09-12 3.0L TDI models....
Shame, it is a nice vehicle.
I'm going to try to keep my 2006 'legally dirty -then made a touch dirtier' Jetta TDI running as long as possible. I do really like it as far as a 10 yr old DD goes...
I am waiting to see what they are going to do about my wife's 2011 q7 TDI. looking at the audi Canada website, it leads me to believe that they are going to scrap/buyback the '09-12 3.0L TDI models....
Shame, it is a nice vehicle.
I'm going to try to keep my 2006 'legally dirty -then made a touch dirtier' Jetta TDI running as long as possible. I do really like it as far as a 10 yr old DD goes...
#36
The way the deal reads it's very advantageous for owners to trade in to a VW product and get the cash on top of a the trade in. Not a bad deal at all. My friend has a 2010 Golf TDI, top of the line all leather, 6 speed, only 90K on it. He wants to sell it to me, I want to buy it from him, but realistically I can't compete with VW.
#39
#40
Captain Obvious
Super User
Super User
#41
Race Car
There are also people who bought the TDI thinking they are saving the world. (not me lol)
My sister is going to sell hers back and buy some type of green car.
My sister is going to sell hers back and buy some type of green car.
#42
Yes I'm sure. Value as of Sept 2015 based on model, trim, transmission etc. Then adjusted based on mileage. I get it. Ours is low km's. Wouldn't be fair if someone else's had 300000km and got the same buyback amount as me. What really pisses me off is we get the whole sale value. I paid retail and should be paid retail if we chose to not trade the car in but just sell it back.
#45
Rennlist Member
What's the update on Porsche being investigated for cheating on its gasoline cars as reported in December? That's gone quiet...