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We received the VW email notification on about 11/13/2016 of the buyback/ emmisions "fix" offer. This is app 14 months after mid Sep 2015, app 14 mo after the "gate" broke news wind. We were directed to the VW online claims portal for review & procedures.
1 of 2 remedies is still not in place/approved, So de facto, it's way too PREMATURE to decide with those legal & structural deficiencies !
However, unsaid & de facto, I'm sure the clock's ticking for VW on its buy back dead line of 85% of 485,000 affected units, (412,250) to whatever the real practical numbers are. My understanding are fixes of 15% (72,750 units) do not trigger additional emissions fines.
Aside from those, there are practical deficiencies.
1. What if regulatory approved fixes do not come close to what folks have in mind?
2. Do they then have remedies?
3. Do the fixes have any affect/effect to the structural integrit
4. What are the affect/effects on the then "fixed & unfixed"used car prices?
http://www.forbes.com/sites/panosmourdoukoutas/2016/11/13/oil-is-heading-back-to-20s/?ref=yfp#766df90e70cf
Yippee yahoo, Yee Haw! I'm hoping that prediction comes true & stays!
IF auto OEM's like VW, Toyota, GM survive the coming holocaust/s , a lot of "smaller" OEM's will hit the ash bins, get bought out, go bankrupt, etc.
If one doesn't agree with SUV's. http://www.freep.com/story/money/cars/mark-phelan/2016/11/12/suvs-la-auto-show/93618616/?ref=yfpe car TDI's, like 1 to 5 year old MB's can be screaming buys!!!
It sure beats the early BHO POTUS administrations prognostications of $10.00 per gal is gasoline app 7/8 years ago!
($995. per year, 500 gal = 36 mpg/18,000 miles year/ 12 mo = $82.92 mo )
The world market (supply & demand) systems swings brings a lot of USA rigs both OUT & iN! USA is a more nimble competitor & net exporter. The USA has been, is, will remain the literal King Kong of multiple energy resources & products.
The US policy makers can NOT even explain the eia.gov, barrel of oil ratio to themselves, let alone pass legislation! Even if they could, the US diesel PVF is not even close to 60%! The diesel PVF is now 3% to 5%, & they want to kill diesel? This would create an even greater demand for GAS! They can't even explain , nor in fact do they believe why going to diesel means easily 50% LESS oil demand. Or as i've said before, maybe that's the real issue: say /swear you're consuming a hell of a a lot less, while actually consuming a HELL of a LOT more!!
Longer story short: advantage diesels!
That's the bad news! This is FAR worst news? http://www.wsj.com/articles/is-it-time-to-deregulate-all-electric-utilities-1479092461?mod=whatnext&cx_navSource=cx_picks&cx_tag=poptarget&cx_artPos=1#cxrecs_s
Even governments don't want LEDS! ?
Now, Uncle Warren is either the luckiest person on the face of the planet, or he understands the nuances PERFECTLY!? Personally, I think Wayne Gretskey took the (principle) cue from WB: skate to where the puck will be, not where it's been. WB iterally owns parts of the rolling pipelines. He gets the governmentals electricity solar & wind credits/ write offs/subsidies. He owns electricity "MONOPOLIES" . While he's waiting, (@ 86 years old, he has time to wait? You also have to wonder what he has been doing with his Social Security moneies) he waits for the quarterly dividends of those industries to post to his accounts!! In the old days, aka "clipping coupons?
Well you do have the WW EV PVF numbers & %'s! Overwhelming approval ratings don't seem to translate to the gasoline PVF killers, as some folks woul like them to be?! Wake me when they hit 3% to 5% of the PVF.(8.244 M to 13.74M, 2014 274.8 M ) Zzzzzzzzzzzzz
http://www.eia.gov/tools/faqs/faq.cfm?id=93&t=4 when the dot. Gov site has finished clearing its throat, would you do the math & post it?
IF it is true that EV cars like 85% of TESLA's will need a chassis replacement in 60,000 miles or less, I'm a side liner.
Are low oil prices good for the economy?http://www.wsj.com/articles/are-low-oil-prices-good-for-the-economy-1479092581 Maybe yes/no!? .... some times it's so indecisive, it can't be sure!!?
Surely there has to be a way "haters" can be charged $10 bux per gal, when fuel is $1.99 to $4.00! Here's an easy one, start off with Pruises!? No brains there! Suddenly all those tall hat no cattle " Eco Cons" want the same price as we gas/ULSD folks.
Oh & give diesel tax credits for the diesel fuel used that does not have to be treated as hazardous waste, because of the GASOLINE/ diesel ratio/demand imbalance!
Speaking of 2.0 L TDI's ....http://blog.caranddriver.com/whats-volkswagen-doing-with-all-those-repurchased-diesels/?ref=yfp
So VW pulls vital components out of the buy back cars and sells them as scrap to say Mexico. No big deal to put in new ECU and away we go. There has to be dozens of ways to get around the incompetent people in the EPA and CARB.
For example, if your pastor drives it till June 2019, that is approximately 30/31 mo & @ $450 per mo @ zero interest: come June 2019, he's $13,500 to $14,000 (savings) into a $25,000 new car on VW! This is not to mention the money he will get back, on forced sale. This is not to mention that the VW will probably offer him an even better deal at that time!
It is really a shame (monies aside) for some to many (initial) owners & a bonanza for coming new owners, for most cars are very good.
The negotiated court deals only approach " fairness" IF one (willing seller) is/was/were inclined to sell any affected used TDI @ those particular dates & times & anyway. ( my case 3.375 cents cpmd: depreciation, car bought new is hard to beat) The C&D magazine article mentioned 71% of the affected TDI owners have already signed up for the scheme (in the British sense) BUYBACK ! I'm not sure why they ignored the fix %? There also seems to be a discrepancy in the numbers, 475,000 versus 485,000 units.
They makes little sense, if the job remains. For example, the job (in my case) REMAINS commuting anticipated yearly mileage (18,000) & over 15 years (270,000 to 300,000 miles) . So the scenarios are NOT mine! (timing, etc.) No one is letting us use a rental car until the next new/used car is secured. There are no loss of taxes compensations nor new/ used car tax payments.
IF there are NO fixes then de facto, sales become FORCED sales. In those cases (mine specifically) , I will hope to drive it for as long as possible before "MANDATORY" surrender.
If anyone thinks my logic is flawed, there are any number of options, none of which anyone seems willing to do.
Luckily in my case, there are multiple circumstances that make this/these situation/s entertaining & in (your 2014 TDI &) my case, extremely profitable while unfolding. One might be, as of Sep 2015, mileage & KBB used car price ($7,875) : with 3.75 year use (46,875 miles @ 12,500 per ) till June 2019 (forced) surrender. @ some point in the process, there is also that delayed no interest $5,100 emissions penalty fee & smaller TBD penalties, IF no approved fixes.
"LESS" is better anymore!
It might be pretty obvious why they are trying to shut down domestic oil production!? The other secret is that very little and % of the worldwide supplies are actually Brent crude !!
And who is "they" that is trying to shut down domestic oil production? OPEC? We're the ones that put 4 million barrels a day of new crude on the market. The oil price drop is the result of our success in producing huge new volumes of oil. Econ 101 at work.
As such, if the pastor wants to keep his TDI, he can keep it.
Let's hear it for crude in the $20.'s! Onward & back to $1.99 ($1.36 CA untaxed) ULSD per gal !
Would it be cool for CA to be a non neutered TDI sanctuary state? TDI lives matter! Or a RESCUE TDI.
Sanctuary seems to work for undocumented killers!
One escape feature is the PNO (Planned Nonoperation) option. No smog certification is due.
Thinking on it, in more than 416,000 miles, the 4 TDIs have never been stopped. The clock goes ticking IF the affected TDI is stopped & cited without smog certification.
While I do not think CARB would be draconian, I don't put it past them. It's obviously been a real ego thing with them & EPA.
http://jalopnik.com/volkswagen-to-fix-its-polluting-3-0-liter-diesels-save-1789019145
http://blog.caranddriver.com/report-the-fix-is-in-for-vws-cheating-v-6-diesels/?ref=yfp
For me, it's good news!!! Give emissions penalties of $5,100 to $10,000 per. Fix the fixable. Absolve the unfixable. Call it a day already!
There is precious little that I don't like about the 2012 VW Touareg! But then, if they offered to buy it back for what was paid, or more, One would guess one would have to sadly suck it up & then go look for another ...diesel .
If they successfully are able to give the affected 3.0 L TDI's far less monies than uthe 2.0 L TDI's, it's another clear indication that all of this "diesel gate" brouhaha has been an utter sham & a pot full of lies! It should really be called " penalize / &/or tax a gate". EPA/CARB would've been shown to have use the owners as the equivalent of ISIS "human shields " to shake down VW et al.
Much slower diesel day news!
In almost bumper to bumper (afternoon to evening) commute traffic, (150 miles) one way & 70/80 mph on return. (Indeed on return there were very few cars on the freeway), the MB GLK 250 BT computer posted 38.3 mph for 300 miles ! It does beg the question of what would the GASSER (GLK 350, like model) post: better than 22 mpg, PUG?
The 2.1 L TT BT can easily run 100 mph, all day & night! It would be interesting to see what a 2.0 L MB GLC "d" will do with the 9 G AT.
But, 90 kWh for a range of 220 miles. = app .41 kWh per mile driven.
( @.25 cents (my CA penalty tier)
=10.25 cents cpmd fuel- electricity.
So is there anybody who seriously believes that (going forward) the cost per kWh, in the future is actually going to go down ?
(Remember the eia.gov link posted? Ah the cost per actual kWh @ app 2.1 to 2.5 cents per kWh.)
As a real world contrast (vs auto OEM's pie in the sky marketing hype) at 38.3 MPG $2.63 ($2.39 in Folsom, CA = 6.24 cents) ULSD=
6.867 cents cpmd: fuel.
So when you apply the EV discounts, the EV PROJECTED numbers are more like .5535 kWh * .25 (NOR CA penalty tier) = 13.83375 cents cpmd: fuel .
So really, I'm just fine with EV ers paying 101.15 % more for fuel. They are just jealous or PO'd with folks NOT paying the same!
This link is a bit off topic, but it shows how this fits into the bigger picture. As I've said more than once on this board, even Eco conservatives don't believe their own blather !?! http://www.wsj.com/articles/green-elites-trumped-1479254147
..."In fact, the climate will be the last indicator to notice any transition from Barack Obama to Donald Trump. That’s because—as climate warriors were only too happy to point out until a week ago—Mr. Obama’s own commitments weren’t going to make any noticeable dent in a putative CO2 problem."...
In a troubled oil world, the Permian Basin is the gift that keeps on giving.
One portion of the giant field, known as the Wolfcamp formation, was found to hold 20 billion barrels of oil trapped in four layers of shale beneath West Texas. That’s almost three times larger than North Dakota’s Bakken play and the single largest U.S. unconventional crude accumulation ever assessed, according to the U.S. Geological Survey. At current prices, that oil is worth almost $900 billion.
The estimate lends credence to the assertion from Pioneer Natural Resources CEO Scott Sheffield that the Permian’s shale could hold as much as 75 billion barrels, making it second only to Saudi Arabia’s Ghawar field. Irving-based Pioneer has been increasing its production targets all year as drilling in the Wolfcamp produced bigger gushers than the company’s engineers and geologists forecast.
http://www.star-telegram.com/news/business/article114931993.html
It shouldn't cost any more than 61cents a diesel gallon then, eh?
2021 Kia Soul LX 6-speed stick
De facto, it's easy to realize the whole transportation to, drilling, oil field/site crude oil recovery, transportation to refinery, transportation to distribution centers, transportation to retail or pos sites goes away to greatly lessened for THOSE portions so processed. So the pos site "making & more normal combination adds to sustainability.
Diesel can ALSO be refined from many other ongoing waste stream sources WITHOUT being tied to gasoline. This adds to "sustainability". Propel is a company that has brought this concept to the normal gas station market.
It goes on & on. Indeed gasoline eventually can be seen as needed to use up those portions of oil refining yielding gasoline, needing only 40 % or LESS of the gasoline PVF DOWN from 95 to 97% . 60% diesel PVF would cut oil demand a minimum of 50% !
So if an ordinary garden-variety consumer (like me, & or others on this august board) can figure this out, its easy to see why the strategic Eco conservatives are deadly afraid. But I've seen it as a "Wizard of Oz " Hollywood fictional movie kind of thing. It fills the content library.
Oh, you must mean point of sale.
The first link below SEEMS to point to the real threats @ VW (brand) have been, are & remain: 20% state & 50% union board control & its' UNIONS employees? The $$$ sales per (German) employee is almost silly. Profit per VW car have been,are, will remain fairly low. The old CEO did position VW Corporate to make a credible run to #1 WW auto oem!
To catch up to Toyota's profits (pre investment plan vote) before talks will probably NOT happen before the second coming of ...JC. After the talks? I have it on good authority that JC was not planning a third coming
http://www.wsj.com/articles/vws-chief-faces-long-road-to-overhaul-auto-maker-1479378601
This lack of "optimized" skilled labor may be the underlying cause of many to the majority of issues, i.e., perception & actual customer dissatisfaction, like quality, unreliability... et al. The business model may have worked right after 1945, World War II. WW 2 ended in 1945 almost 72 years ago!
It almost makes GM look like the epitome of progressive renaissance thinking
But then, as they untether areas like VW A, Audi, Porsche etc., and employ outside of Germany,... Yippee, yahoo for an eventual diesel return to US markets? http://blog.caranddriver.com/volkswagens-u-s-chief-diesels-could-return-a-pickup-also-possible/?ref=yfp
2013 LX 570 2016 LS 460
I'm sure the Germans can't be thrilled paying $7/$8 USD per gal with Obama vilifying them!
There was a FOX news piece about gasoline below $2.00 per gallon.
($1.99 per gal ULSD ÷38.3 mpg=. 5.2 cents per mile driven. * 18,000 miles = $936 per yr/ 12=$78 mo.) May it last a year!
2013 LX 570 2016 LS 460
They subsidize diesel, too, or should I say, tax it less.
The EU needs to remember, (llike I think it's going to get them to radically shift their policies) that sooner or later socialistic societies run out of other people's moneies!
CA takes in $.63 cents per gal on $1.36 ULSD! That is 46.32 % taxation! Politicians have a long since used these transportion monies for "petty cash spending monies". OMG when Exxon makes 9%/ 9 cents, a certain segment wants to string them up! Be that as it may, they have deferred all but the most essential pieces of maintenance. So to give them much more money and expect them to do the right thing when they should have fixed roads with a portion of those monies already are acts of insanity.! One does not need to subscribe to Albert Einstein's definition of insanity to figure that out!
"Insanity: doing the same thing over and over again and expecting different results."
Today the off ramp we use on interstate 8 was brand new asphalt. Feeding onto a road that looks like it was used by WW2 tanks. Money is being spent on infrastructure. Just rarely where it is really needed. They just did a dandy job of paving the main street through our village. It has been torn up for 3 years putting in the buried power link from the W&S farms in the desert. It is beautiful black and smooth asphalt. Well you guessed it. This morning they are digging a 3 foot wide trench down one lane. Ooops they forgot to put the storm drains in to protect the town from flooding. Poor planning on their part equals more tax rip-off. The culprit will probably get a promotion for creating jobs.
Easy solution is just to go back to gravel roads. Good for traffic calming too, although I remember doing 70 on some parts of the Alcan back in the day.
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Diesel is around $2.15 here, down about four cents. Regular is hitting $1.90 to $1.95 most places.
It was that way in the Corporate world as well. Back in the 1960s at Pacific Telephone, the last couple months of the year they would give us all the OT we wanted. If they did not use all that was budgeted the next year their budget was smaller. Stupidity is everywhere. Now it likely goes into the CEO's wallet instead of the working stiff's.
Went to look at a 2017 Gasser Passat SEL as a replacement. The EPA MPG is 34. However, I discovered that the 2016 gasser Passat is rated at 38. I smell another rat - the same engine, transmission, and vehicle, but is suddenly rated 4 MPG less? It means they changed something - like removing a cheat code from the gassers as well. Sorry, VW, we need to have at least SOME trust in the company.
Has anyone heard a reasonable explanation for the MPG drop that would explain this?
I see the Toyota Camry with like engine has lower mileage for 2017 than 2016 as well. Could be changes in the EPA requirements. Honda stayed the same. Nissan Altima is EPA rated 39 Hwy, and less money.
Never got an explanation for the difference, though
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I've posted the 2014 MB GLK 250 BT mpg's any number of times. Here is one 2013 take, I've not known about till posting. http://www.greencarreports.com/news/1089423_mercedes-benz-glk-250-bluetec-diesel-luxury-crossover-fuel-economy
Anecdotally, I have never had any problems beating the EPA mpg estimates on any gasser.
But at the same time, Wayne Gerdes, the mpg guru used TDI's to set mpg records.
Thank goodness!
https://www.bloomberg.com/gadfly/articles/2016-11-18/vw-job-cuts-sound-big-but-do-little-to-boost-efficiency?ref=yfp
http://www.wsj.com/articles/volkswagen-set-to-slash-up-to-30-000-jobs-1479455462
But then, as I've noted more than once,VW car buying opportunities abound !
Scientists have found a way to turn CO2 into ethanol. Why are there NO (Eco conservative) ethanol fuel PVF % targets??? http://www.esquire.com/news-politics/news/a50804/convert-co2-into-ethanol/?ref=yfp
E85 has a NOT even measurable % PVF.
10% (real world) ethanol use makes a 10%/15% ethanol PVF target an absolute no-brainer!
Add 50% to 60% PVF diesel targets, with the remaining 30% gasoline PVF targets, and you've literally DECIMATED ( well actually much better, in the Latin/Roman soldier sense) the barrels of oil DEMAND percentage by minimum of 50% to 70% !!! You want more you say? Fine, set 10% EV PVF targets !! Then readjust the %'s. They would then be 10% ethanol, 30% gasoline, 50%/60% diesel, 10% EV. Personally, I think 10 to 20% PVF could be natural gas!
The all or none conversions, i.e.EV, kill diesel, etc. that the Eco conservatives advocate is completely/totally asinine. Eco conservative ideation & its efforts truly approaches the definition of insanity !
http://www.msn.com/en-us/autos/enthusiasts/mercedes-benz’s-new-ground-breaking-diesel-the-om-654/ar-AAkqIuI?ocid=U145DHP#image=1
BUT If 13% lower FE is more important, for my 38.3 mpg posting that's 5 mpg=43.28 mpg!