Deal Reached in Volkswagen Diesel-Emissions Scandal | Edmunds.com

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edited April 2016 in Volkswagen
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Deal Reached in Volkswagen Diesel-Emissions Scandal | Edmunds.com

A deal has been reached in principle between Volkswagen and the U.S. Justice Department in the ongoing diesel-emissions scandal, but neither side is providing specifics for affected owners at this point.

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Comments

  • kokomojoekokomojoe Member Posts: 150
    5000 seems to be a very low value for these cars unless that is on top of blue book retail value. There is no excuse to the owners to not get paid a premium on top of the value for VW's lies and illegal activities
  • steverstever Guest Posts: 52,454
    Mitsubishi is now on the hook for some gassers in Japan.

    The newest one to be called a cheater is Mercedes.

    May have to recycle this headline a few times....

  • kyfdxkyfdx Moderator Posts: 261,918
    kokomojoe said:

    5000 seems to be a very low value for these cars unless that is on top of blue book retail value. There is no excuse to the owners to not get paid a premium on top of the value for VW's lies and illegal activities

    $5000 is compensation to the owner. Not the buyback amount

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  • jdogg0330jdogg0330 Member Posts: 1
    I bought my 2011 Jetta TDI used in June 2014. I hope VW considers people who bought used. We were duped and paid $4K premium over the same used cars with gas engines. I am still upside down on my loan and blue book plus 5K won't cover my loan plus my down payment.
  • carboy21carboy21 Member Posts: 760
    $2 billion fines anyone ? B)
  • kyfdxkyfdx Moderator Posts: 261,918
    carboy21 said:

    $2 billion fines anyone ? B)

    The fines are way higher than that.

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