Page 11 of 15 FirstFirst ... 789101112131415 LastLast
Results 151 to 165 of 218
  1. #151
    Join Date
    Nov 2008
    Location
    Savage
    Posts
    7,224
    Car
    BMW X1

    Default

    Quote Originally Posted by sprstu View Post
    To get the chance payout you must "fix" the car or sell it back. If no fix arrives the only method will be buy back ( is my understanding).

    I'm in a tough spot, I owe roughly 10k and my value is 18,200. So selling and paying off my car leaves me with 8k to use towards a new car. No way will I be able to find something as new with fewer miles in that price range. I could buy a lot of cool car for 8k but it will be older and probably less useful than my JSW.

    I like my my car a lot. With the tune, H&Rs, and some decent tired this thing is perfect. Plus it has more cargo capacity than my Jeep and gets twice the mileage. It doesn't get better than this car.
    I have a friend in the exact same situation, it's a crappy position to be in all around. I would hold out to see if/when a fix/how easy to remove, and what it all entails before deciding.
    “We act as though comfort and luxury were the chief requirements of life, when all that we need to make us really happy is something to be enthusiastic about.” Charles Kingsley

  2. #152
    Join Date
    Mar 2008
    Location
    Mounds View
    Posts
    972
    Car
    '03 S10 ZR2,'14 Jetta 5M

    Default

    Quote Originally Posted by sprstu View Post
    I'm in a tough spot, I owe roughly 10k and my value is 18,200. So selling and paying off my car leaves me with 8k to use towards a new car. No way will I be able to find something as new with fewer miles in that price range. I could buy a lot of cool car for 8k but it will be older and probably less useful than my JSW.
    This scenario assumes you want to get out of car payments (which I wouldn't blame you one bit). However, if you take the 8,200 bucks you would have left over after paying off your JSW and then found a different car for say $18,200 and you financed $10K of it with a $8,200 down payment then you really wouldn't be any worse off financially.

    The hard part is that you like your car. You have done some nice stuff to it to make it better than stock. So I understand the reluctance to want to turn it in. Especially considering that even for $20K there are not many options that provide as much versatility as your car does.

  3. #153
    Join Date
    Mar 2008
    Location
    N.E. Minneapolis
    Posts
    4,810
    Car
    GSW TDI 6spd, 74 Scout II

    Default

    Exactly. Its selling and moving to no payments. Or find a swell mk6 GTI with 35k miles for $14k and finance with $125 month payment on the best all around car in the world, the money saved per month would balance the fuel cost
    Go Green with Diesel.

  4. #154
    Join Date
    Mar 2009
    Location
    Lakeville, MN
    Posts
    1,261
    Car
    MKVII GSW TDI

    Default

    The most interesting part of this whole thing is you can actually hold out on the buyout and as long as you drive under like 15k miles a year you actually don't lose anything on buyback value. They are back dating mileage based on the NADA average miles driven

  5. #155
    Join Date
    Aug 2007
    Location
    Forest Lake
    Posts
    1,598
    Car
    855T

    Default

    Most speculation I have read is that these buy back cars will be crushed.
    But if VW comes up with a approved fix what are the chances they fix all the buy back cars and end up reselling them?
    Seems the most cost effective measure for VW rather then just taking the hit for all the cars they buy back.
    Some day I'm going to build an airplane/Then I'm going to die in a plane crash
    The motorcycle is a work of art, a testament to the corner gods, and as with all religious endevours, requires a bit of ceremony and respect.

  6. #156
    Join Date
    Mar 2009
    Location
    Saint Paul
    Posts
    3,508
    Car
    B5A4tqma

    Default

    Quote Originally Posted by boardrider247 View Post
    Most speculation I have read is that these buy back cars will be crushed.
    But if VW comes up with a approved fix what are the chances they fix all the buy back cars and end up reselling them?
    Seems the most cost effective measure for VW rather then just taking the hit for all the cars they buy back.
    Wow if that is true, they really didnt hedge their bets ... At all? Seems odd to take such an enormous gamble just to net more sales, doesnt it?

    Makes you wonder what other secrets are out there.

  7. #157
    Join Date
    Feb 2008
    Location
    Western WI
    Posts
    9,143
    Car
    JSW TDI 6MT & 2 Suburbans

    Default

    Interesting stuff from today:

    VW's presentation http://www.cand.uscourts.gov/filelib...esentation.pdf


    Calculator (not from VW, just created by someone that reviewed all the docs) https://agrahamg.github.io/VWBuybackCalculator/
    Gun control is like trying to reduce drunk driving by making it tougher for sober people to own cars.

  8. #158
    Join Date
    Mar 2008
    Location
    N.E. Minneapolis
    Posts
    4,810
    Car
    GSW TDI 6spd, 74 Scout II

    Default

    Yikes did I lose a big chunk for my 115k miles! The $18.2 turned into 15.9 real fast.

    Still now word on a "fix" as of late.
    Go Green with Diesel.

  9. #159
    Join Date
    Jun 2008
    Location
    Olympia, WA
    Posts
    9,365
    Car
    BMW 228i, VW Cabriolet

    Default

    Its still looking like a buyback for me. If I keep the car and run it until its out of warranty, I'll lose less than $200. Warranty should be up sometime this spring.

    My gripe right now is there is no talk of trade tax credits, so MN gets another 6.5% of whatever my replacement vehicle is.

  10. #160
    Join Date
    Feb 2008
    Location
    Western WI
    Posts
    9,143
    Car
    JSW TDI 6MT & 2 Suburbans

    Default

    Quote Originally Posted by TTaM View Post
    My gripe right now is there is no talk of trade tax credits, so MN gets another 6.5% of whatever my replacement vehicle is.

    Then the courts need to hear that. The only way this will be considered is if several of us reach out.

    Typical of bureaucracy, giving them notice of your displeasure has to be in writing to 3 different individuals.

    See page 27, point 57
    https://www.vwcourtsettlement.com/en...m%20Notice.pdf
    Gun control is like trying to reduce drunk driving by making it tougher for sober people to own cars.

  11. #161
    Join Date
    Mar 2008
    Location
    N.E. Minneapolis
    Posts
    4,810
    Car
    GSW TDI 6spd, 74 Scout II

    Default

    It would be insane for VW to crush the "buy back" cars. the environmental impact alone out weighs all the "damage" these cars would do just to stay on the road. This feels a hell of a lot like "Cash For Clunkers" that was a boost to the auto industry masked as an environmental help. SO 500,000 cars need to be replaced and boy have we got a Lease option for you!
    Go Green with Diesel.

  12. #162
    Join Date
    Jul 2008
    Location
    Rochester
    Posts
    5,629
    Car
    04 jetta wagon, 12 Golf T

    Default

    List of hands of people having their TDI bought back.....
    <~~~~~this guy
    you're looking up used handguns at school? welcomed to the flagged student list
    Your cock blocking like half the people on eurowerks with that statement.

  13. #163
    Join Date
    Nov 2007
    Location
    Bloomingtown
    Posts
    7,108
    Car
    My Saab

    Default

    Will probably take the cash option. If we sold it back we'd just be looking to buy another one anyways. Perfect car for our needs.

  14. #164
    Join Date
    Jan 2011
    Location
    Cambridge, MN
    Posts
    329
    Car
    mk4 TDI, TDI Ranger

    Default

    Quote Originally Posted by Champ View Post
    Will probably take the cash option. If we sold it back we'd just be looking to buy another one anyways. Perfect car for our needs.

  15. #165
    Join Date
    Apr 2008
    Location
    Puyallup, WA
    Posts
    3,389
    Car
    MK6 JSW, MK4 GTI

    Default

    Yeah I'm thinking about taking the cash option myself. Only other vehicle I'd want is an ALH Jetta wagon.

    Ive heard of a few locals to me in WA getting packets in the mail from VW concerning the buyback option. Anybody received one of those yet?
    Quote Originally Posted by JTapper View Post
    I can attest to the size of the nuts.

Similar Threads

  1. Cheating at racing stories
    By sheriff in forum Euro Automotive Discussion
    Replies: 3
    Last Post: 07-10-2009, 04:54 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •