The Caffeinated Penguin

musings of a crackpot hacker

The economics of the VW TDI buyback program

| August 10, 2016

So, using the VW Court Settlement tool, I punched in my VIN and answered the questions to find that VW is going to give me just under $15k for my 2012 TDI Jetta, plus just under $6k of “We’re sorry” money, for a total of just under $20k. Armed with this information, I went searching for a new car so that I can sell back the old one without having to scramble to find one when everyone else is doing the same thing. Voila:

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But, the economics of the buyback are interesting. In 2012, I bought the car for $28,500 less a $6,500 trade-in for my old TDI Golf, which means I paid $22,000. I’m getting back $20,777. This means that I drove the car for 4 years for a total of $1223, plus about $800 or so in maintenance (3 oil changes plus a fluid change on the DSG trans). Spending $2k over 4 years and 62k miles is not too shabby.

“New” car is a 2013 Turbo Beetle (early year, so it’s the Gen 1 TSI, not the Gen 3 fitted in the bottom half of 2013) with just under 19k miles on it. It is more than paid for by the money I will get from VW in a couple of months.