"GolfR Guy" (golfrguy)
06/28/2016 at 11:59 • Filed to: None
2
27|
"GolfR Guy" (golfrguy)
06/28/2016 at 11:59 • Filed to: None | 2
| 27 |
Thanks to the government (and in a way VW), I’ll be getting around $26k for my golf tdi. Not a bad settlement; was thinking it would be a ton less. Any other owners figure out their settlement amount?
EDIT: If you guys are looking for charts and other docs; I’m using this reddit thread
!!! UNKNOWN CONTENT TYPE !!!
HammerheadFistpunch
> GolfR Guy
06/28/2016 at 12:07 |
|
I guess you need the vin...did you use this site?
https://www.vwcourtsettlement.com/en/
bobbe17
> GolfR Guy
06/28/2016 at 12:08 |
|
What are you doing to figure yours out? September 2015 value plus how much?
All I’ve seen is ranges of how much cash on top is possible. Depending on sites I’ve seen anywhere from $3k to $10k.
I'm thinking we're probably around 17-18k in value plus whatever cash on ours.
|
GolfR Guy
> HammerheadFistpunch
06/28/2016 at 12:10 |
|
I did fill out that form on the VW site. However, I figured out my settlement from the court documents.
Buyback table:
https://www.ftc.gov/system/files/d…
Golf Mileage adjustment table: https://www.ftc.gov/system/files/d…
|
bobbe17
> HammerheadFistpunch
06/28/2016 at 12:10 |
|
That just checks eligibility and doesn't give anything specific.
|
GolfR Guy
> bobbe17
06/28/2016 at 12:10 |
|
I used these forms, then added the minimum extra payment (5100)
Buyback table: https://www.ftc.gov/system/files/d…
Golf Mileage adjustment table: https://www.ftc.gov/system/files/d…
crowmolly
> GolfR Guy
06/28/2016 at 12:14 |
|
Where did you find the adjustment table? I am looking for the Passat table.
|
GolfR Guy
> crowmolly
06/28/2016 at 12:17 |
|
https://www.ftc.gov/system/files/d…
|
HammerheadFistpunch
> GolfR Guy
06/28/2016 at 12:17 |
|
Not sure if Im doing my math right, but if so I will have made about $3,000 on this car over 5 years.
|
crowmolly
> GolfR Guy
06/28/2016 at 12:17 |
|
Thx d00d!
|
HammerheadFistpunch
> GolfR Guy
06/28/2016 at 12:20 |
|
$25,039 for a 2011 sportwagen. Which is about 3,000 more than I paid for it, plus the 750 tax credit I got for it, so...thats a win for me.
|
crowmolly
> GolfR Guy
06/28/2016 at 12:23 |
|
So just to make sure I’m doing this right:
Figured out my buyback amount, adjusted for options. Figured out my mileage adjustment and subtracted that from the total. But it’s having me subtract a negative number? So that would put me at 24,797 for a 2013 Passat w/sunroof @ 55,000 adjusted miles?
Is the “Column 2" the settlement check amount?
Thanks for your help!
|
GolfR Guy
> HammerheadFistpunch
06/28/2016 at 12:25 |
|
Right on!
|
HammerheadFistpunch
> crowmolly
06/28/2016 at 12:25 |
|
That’s the way I did my math. How many miles will yours have come october?
|
GolfR Guy
> crowmolly
06/28/2016 at 12:26 |
|
Column 2 is the “modification” column. That’s if you elect to get you car fixed I believe.
|
HammerheadFistpunch
> GolfR Guy
06/28/2016 at 12:28 |
|
Basically this means it will have cost me about $4000 in fuel, parts and insurance over 5 years. That’s a pretty good cost of ownership experience.
|
bobbe17
> GolfR Guy
06/28/2016 at 12:31 |
|
Great find! I'm looking at about 20k for the buy back plus the 5,100. I think we bought it for around 20k the year before. So we've been driving for free apparently.
|
crowmolly
> HammerheadFistpunch
06/28/2016 at 12:31 |
|
At this rate probably ~65,000 or so. So estimating high, my “adjustment” is -$1650.
I think you should ignore the negative value in doing the calc. So I’m actually $21,497.
|
HammerheadFistpunch
> crowmolly
06/28/2016 at 12:33 |
|
see my adjustment was like 930, so I added that to the buyback amount. I would think that you would subtract 1650 from yours. Its not really clear though.
iSureWilll
> GolfR Guy
06/28/2016 at 12:35 |
|
Awesome. Great info! My 2010 golf with 100k should be getting $15k back roughly. That means I'll have spent less than $4-5k to own the car for 3 years. Not bad!
|
crowmolly
> GolfR Guy
06/28/2016 at 12:46 |
|
One other thing.
What happens with aftermarket warranties? Do we get reimbursed for those?
|
GolfR Guy
> crowmolly
06/28/2016 at 12:51 |
|
Not sure to be honest. You mean a warranty through a 3rd party or bank or something like that? That may be a loss on your end..
|
crowmolly
> GolfR Guy
06/28/2016 at 12:57 |
|
Yeah, like a dealership extended warranty. I’ll just check with my dealer when the time comes.
|
GolfR Guy
> crowmolly
06/28/2016 at 13:06 |
|
Yeah. That’s probably only though the dealer. So they may not refund; but who knows!
Mid Engine
> GolfR Guy
06/28/2016 at 15:49 |
|
Color me confused, and help a brother out here.. 2013 Jetta TDI buyback is $21,737. Modification is $5697, do I get that amount if I sell the car back to VW? Fender stereo is $420, sunroof is $660. Mileage is between 20k and 25k so mileage adjustment is positive $1530; and also a “mod adjustment” of $255. Not sure if I get that too? Those with better comprehension and math skills, please advise how much total cash I’ll receive. Thanks!
|
bobbe17
> GolfR Guy
06/28/2016 at 15:52 |
|
Looks like we may have misunderstood things and the $5,100 isn't added on top. It's factored into the number already and was just in case you had enough negatives on your price that it would come back up a little.
|
GolfR Guy
> Mid Engine
06/28/2016 at 19:08 |
|
The charts are kinda confusing. I think the buyback column is the value (mileage adjustment added in). The modification amount is if you keep it, and have VW fix the emissions controls. Plus you get the restitution.. I think. That’s based off 20% value of the car + $2,986.73. That’s what E90M3 and I gathered. But, i’d wait till the vwsettlement site is up and fully functioning, which is july 26th
|
GolfR Guy
> bobbe17
06/28/2016 at 19:10 |
|
Yeah. i’m seeing that elsewhere. but the court site says :”Owners receive their Vehicle Value, plus an additional cash payment (“Owner Restitution”). The Owner Restitution payment is calculated at 20% of the Vehicle Value plus $2,986.73. The minimum Owner Restitution payment for any Class Member—to be paid on top of the Vehicle Value—will be $5,100. Some Class Members may receive as much as approximately $10,000 in Owner Restitution.” and also, the chart that shows the ranges of payment has this above it: “Your payment will be adjusted if your car has higher or lower than standard mileage when you bring it into a dealership to participate in the settlement program. If your payment is subject to a mileage adjustment, the amount you receive may be different from what is shown below, but not less than $5,100.”
So I’m leaning towards the 5100 is added on. But who knows; the language isn’t very clear to non-lawyer me. lol