If you own a Volkswagen (and you don’t live in a cave), you’ve probably heard about Dieselgate—Volkswagen’s diesel-cheating conspiracy software that bypassed United States emissions testing, which made equipment think they were more fuel-efficient than they were. It caused some of the most severe fines the auto industry has ever seen and now VW is paying its buyers, almost 500,000 of them, and the government back big time. Initial rough estimates put it in the ballpark of $7 billion, but could skyrocket to over $43.1 billion according to analysts.
If you’re an owner of a Jetta, Golf, or Audi A3 diesel with a 2.0-liter diesel motor, you are going to want to read what’s happening to make your decision to either have it bought back or repaired at no cost.
Owners have up to two years to decide whether to keep or sell qualifying Jettas, Golfs, and Audi A3s back to Volkswagen. If you’re leasing the car, you can cancel the contract at no penalty, and if you bought the car, you can sell back to Volkswagen. Most people love their VWs so the decision isn’t so easy. Having it repaired could result in lower performance, and fuel mileage, but also give you peace of mind.
Right now, even beyond buy backs, owners could get compensated for the hassle of dealing with this scandal. According to some leaked documents, the compensation could be as much as $5,000, but there isn’t a firm number yet. Whatever the case, you have a leg up over Volkswagen and are actually in a position to get a deal out of them, instead of vice versa.
It’s still up in the air about what exactly Volkswagen will do to fix the cheating software, but there are theories out there that say it will just be a software update that curbs the violating pollutants by effectively deleting the defeat device. There are others that say an upgraded catalytic converter could be installed to stop emissions. And then there’s an additive called AdBlue, which cuts down nitrogen oxides but makes the vehicles more prone to upkeep, which VW ensures they’ll cover during the car’s life.
Currently the full-time Editorial Director and Content Manager for RxSpeed.com, & contributing writer for Scout.com. He also loves photography, videography, his Shiba Inu Mia and driving sports cars.