What's up All! Looking for some input:
My wife has a 2015 Gen3 Passat, some of you have probably seen my posts in the VW TDI buyback thread.
I was leaning towards the buyback, but now that the fix for this thing is finalized it's a better offer than I anticipated.
Here are the details on the fix: https://www.vwcourtsettlement.com/e...ssions_Modification_Disclosure_Volkswagen.pdf
If we did the buyback we'd pocket about $8200 after paying off the loan. We could do this within the next ~2 months. If we do the fix we'd get $7500 total: $5k from the first phase, which is just a software update, and $2,500 for the second phase which is a hardware install (new DPF, two new catalysts). Phase 1 could be completed within ~2 months. Phase 2 and the remaining $2500 payout wouldn't happen for a year or longer
Pros/cons of the fix:
Pros
- Keep a car that's financed at 0 x 72 that the wife loves
- Killer warranty after the fix. Turbo, fuel system, entire emissions/exhaust system are warrantied for 11 years or 162k miles
- Can pocket $5k quickly
- Don't need to worry about replacing it with something that's more expensive and is financed at higher interest. The wife likes the "R" line Passat so hopefully we could keep it cheap, but that's not a certainty.
- New DPF comes free with the fix, an expensive maintenance item
Cons
- Car has 25k, will need to spend money on tires and brakes within a year and a half
- Less money overall, plus we'd have to wait a while for the $2500 balance
- Future resale uncertainty. Personally I think with there being no more TDI's produced for the US, values will strengthen a little, but that may not be the case
[MENTION=7923]CTC DEEZUL[/MENTION] plz weigh in on your opinion of the technical aspects of the fix!
My wife has a 2015 Gen3 Passat, some of you have probably seen my posts in the VW TDI buyback thread.
I was leaning towards the buyback, but now that the fix for this thing is finalized it's a better offer than I anticipated.
Here are the details on the fix: https://www.vwcourtsettlement.com/e...ssions_Modification_Disclosure_Volkswagen.pdf
If we did the buyback we'd pocket about $8200 after paying off the loan. We could do this within the next ~2 months. If we do the fix we'd get $7500 total: $5k from the first phase, which is just a software update, and $2,500 for the second phase which is a hardware install (new DPF, two new catalysts). Phase 1 could be completed within ~2 months. Phase 2 and the remaining $2500 payout wouldn't happen for a year or longer
Pros/cons of the fix:
Pros
- Keep a car that's financed at 0 x 72 that the wife loves
- Killer warranty after the fix. Turbo, fuel system, entire emissions/exhaust system are warrantied for 11 years or 162k miles
- Can pocket $5k quickly
- Don't need to worry about replacing it with something that's more expensive and is financed at higher interest. The wife likes the "R" line Passat so hopefully we could keep it cheap, but that's not a certainty.
- New DPF comes free with the fix, an expensive maintenance item
Cons
- Car has 25k, will need to spend money on tires and brakes within a year and a half
- Less money overall, plus we'd have to wait a while for the $2500 balance
- Future resale uncertainty. Personally I think with there being no more TDI's produced for the US, values will strengthen a little, but that may not be the case
[MENTION=7923]CTC DEEZUL[/MENTION] plz weigh in on your opinion of the technical aspects of the fix!
The second part of the emissions modification will involve outfitting your car with new emission control parts to ensure system reliability and durability over time. If your car exceeds 40,000 miles (for automatic transmissions) or 70,000 miles (for manual transmissions) we will install updated emissions control system hardware - specifically a new Diesel Particulate Filter, Diesel Oxidation Catalyst, and Selective Catalytic Reduction Converter - that is needed to maintain emissions performance for the full useful life (150,000 miles) of your vehicle. As part of the Phase 2 modification, we will also install a second NOx sensor and corresponding software to improve the performance of the OBD system. The Phase 2 updates are expected to have no further impact on overall vehicle reliability, durability, fuel economy, engine sound, performance, or drivability.