blwnsmoke Posted June 23, 2016 Share Posted June 23, 2016 http://www.foxnews.com/us/2016/06/23/volkswagen-reportedly-to-pay-10-2-billion-in-emissions-claims-settlement.html One of the people said the agreement was tentative and could change by the time the terms are officially announced by the judge on Tuesday. The bulk of the cash would be used to fix the cars, buy them back and compensate owners. Some funds would go to government agencies as penalties and for a program to remediate the environmental damage caused by pollution, the person said. Owners would have a choice between selling their vehicles back to VW at the value before the scandal broke on Sept. 18, 2015, or keeping the cars and letting the company repair them. Either way, they would also get $1,000 to $7,000 depending on their cars' age, with an average payment of $5,000, one of the people said. Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted June 23, 2016 Share Posted June 23, 2016 That's a spicy meatball. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted June 23, 2016 Share Posted June 23, 2016 And all of it completely avoidable had VW just followed the rules and not tried to pay lip service toots obligations. Interesting that this wifi cost VW a lot more than GM'signitoin switch debacle, though GM belatedly did the right thing and recalled millions of vehicles. Quote Link to comment Share on other sites More sharing options...
bzcat Posted June 27, 2016 Share Posted June 27, 2016 People with 2.0 TDI cars would be stupid to choose "fix" instead of buyback. Quote Link to comment Share on other sites More sharing options...
J-150 Posted June 27, 2016 Share Posted June 27, 2016 People with 2.0 TDI cars would be stupid to choose "fix" instead of buyback. They'd be stupid to take either. Right now they have an extremely fuel efficient car. Quote Link to comment Share on other sites More sharing options...
akirby Posted June 28, 2016 Share Posted June 28, 2016 They'd be stupid to take either. Right now they have an extremely fuel efficient car. They won't have a choice in some states - they won't be able to renew their registration. Quote Link to comment Share on other sites More sharing options...
atomcat68 Posted June 28, 2016 Share Posted June 28, 2016 At this point, I'd have them buy back the car. Who knows what other half assed thing they "engineered" into the car and if I was the owner, I wouldn't care to find out. Quote Link to comment Share on other sites More sharing options...
bzcat Posted June 29, 2016 Share Posted June 29, 2016 They'd be stupid to take either. Right now they have an extremely fuel efficient car. No, it would be really really really silly and financially stupid to turn down the buyback: http://jalopnik.com/heres-exactly-how-much-volkswagen-will-pay-you-for-your-1782745097 Quote Link to comment Share on other sites More sharing options...
J-150 Posted June 30, 2016 Share Posted June 30, 2016 They won't have a choice in some states - they won't be able to renew their registration. And where they have a choice, I can see many not taking it. Quote Link to comment Share on other sites More sharing options...
J-150 Posted June 30, 2016 Share Posted June 30, 2016 (edited) No, it would be really really really silly and financially stupid to turn down the buyback: http://jalopnik.com/heres-exactly-how-much-volkswagen-will-pay-you-for-your-1782745097 Depends. Yes there is a favorable buyback. But if I'm a high mileage driver what am I buying that's giving me a 1000+ mile tank? Even more so if my car is paid off. I get it. Most guys here are anti diesel. VW drivers are not. Edited June 30, 2016 by J-150 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted June 30, 2016 Share Posted June 30, 2016 They'd be stupid to take either. Right now they have an extremely fuel efficient car. Now that VW has een forced to retro-fit SCR instead of using NOX traps, the fuel economy should not be affected. Yhe nox Traps required engines to cycle rich lean to use excess fuel to catalyze NOX but that's not required with SCR and adBlue. Quote Link to comment Share on other sites More sharing options...
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