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After you submit your documents, it takes a while, but call them. I waited since before Thanksgiving when I submitted documents, they were accepted and "determining eligibility". Like a week before Christmas, I called and was super nice with them, although it seems to have been much longer than 10 business days and I'm just curious as to where my offer letter is. The nice lady spoke very quickly, describing all the ins and outs of "business days" and how when you consider holidays and weekends, omg 10 days is like yesterday! She told me she was making sure nothing was afoot and to be patient and it will show up in my inbox. lol and behold, the next day I received my letter. Call em. I dunno, I try not to be rude with people I need something from on the phone, unless warranted. It may all also be a coincidence. I made my appointment for 1/13/17. It was literally like 15 minutes as other posters have mentioned. I got what I had initially expected, of course wasn't putting any more miles. So the appointment was Friday, despite it being MLK day and them saying 2-3 business days, I received the email from chase, and at some point on Tuesday, I was entering my bank info for transfer. And that took only a day. Still not seeing my loan paid off on VW credit though lol. Edit: for reference, I got a check for about $2900 bucks, 2015 gold m/t I bought Memorial Day 2016, and owed about 19k on it. 17,000 miles. interwhat fucked around with this message at 04:29 on Jan 20, 2017 |
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Jan 20, 2017 04:25
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I've been totally polite with them on the phone, but most the time they just play super dumb/really have no idea any real details.
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Jan 20, 2017 04:29
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Submitted Date 10/15/2016 Offer Received 1/19/2017 (although the letter was dated 12/5/2016) Dealer Date 2/22/2017 Thank god this thing is almost over.
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Jan 20, 2017 17:15
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I think we had the same exact case worker. My wife just forwarded me the email from VW. WTF!?! Edit: I just saw the date on my wife's letter: 11/8/16 !!! This has to be some 4th Quarter earnings tweaking. That's insane. Kramdar fucked around with this message at 21:15 on Jan 20, 2017 |
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Jan 20, 2017 19:37
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there's a third party reviewing all the documents so dont be surprised if you see a delay on the dates on the paperwork
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Jan 20, 2017 21:36
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Finally got my offer letter today. Now I just need to figure out where to print it, have another human sign it, then rescan it send it back over the tubes. I think UPS stores can do that?
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Jan 24, 2017 19:37
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fknlo posted:Finally got my offer letter today. Now I just need to figure out where to print it, have another human sign it, then rescan it send it back over the tubes. I think UPS stores can do that? Yes they should. Just call and make sure their notary is working and you can do everything else there.
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Jan 24, 2017 19:57
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If you have a bank account most banks keep a notary on staff. If you have anything more than the poor college student checking account they'll usually stamp something for free. gently caress, if your bank is a halfway chill credit union they'll stamp it anyways even if you jsut have the bullshit checking account.
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Jan 24, 2017 20:03
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With that said, just tell them if they notarize it that it just means a large sum of cash will be deposited into said bank. I tell them that all the time when I need the notary. Lead with money. Some Chase locations have more than one notary too.
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Jan 24, 2017 20:54
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fknlo posted:Finally got my offer letter today. Now I just need to figure out where to print it, have another human sign it, then rescan it send it back over the tubes. I think UPS stores can do that? just take pictures with your phone, it'll work fine. like others have said, banks should have a notary working. the wells fargo did mine and I'm not even a client.
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Jan 25, 2017 05:33
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If you work in an office, then it can be worth asking around if anyone is a notary. Every job I've held had at least 1 notary public working in the office somewhere. They've always been more than happy to notarize documents just to be helpful.
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Jan 25, 2017 16:19
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My roommate and I both own 2012 TDI Jettas, and he's getting quoted about $14,000 by the VW website (as opposed to the $18-21k the booklet we received in the mail). His car has fairly high mileage, 140,000 or so. Has anyone else experienced this? Update: He called VW, the woman on the phone said that what was quoted in the booklet is merely an "estimate." I was under the impression that the figures mailed to us in the booklet are the legally agreed upon minimum and maximum payments?
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Jan 25, 2017 16:29
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TsarZiedonis posted:My roommate and I both own 2012 TDI Jettas, and he's getting quoted about $14,000 by the VW website (as opposed to the $18-21k the booklet we received in the mail). His car has fairly high mileage, 140,000 or so. Has anyone else experienced this? My car was a 2011 TDI Golf with 178,000 miles. I received the following: $9400 Return Amount $5100 Restitution ---------- $14,500 Total I'm going to say that with the mileage you have, the $14K is probably an accurate estimation.
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Jan 25, 2017 17:01
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TsarZiedonis posted:My roommate and I both own 2012 TDI Jettas, and he's getting quoted about $14,000 by the VW website (as opposed to the $18-21k the booklet we received in the mail). His car has fairly high mileage, 140,000 or so. Has anyone else experienced this? https://agrahamg.github.io/VWBuybackCalculator/ That calculator will tell you exactly what you'll get back based on miles and options.
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Jan 25, 2017 17:50
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Use the calculator. It will tell you exactly what you're getting. It's not an estimate.
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Jan 26, 2017 00:03
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Alright, thanks! The calculator shows that my roomates car is, unhappily, worth only $14k. Mine though is worth more like $19k, so that's nice! The estimated three month waiting time to turn in your car is pretty uncool, though.
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Jan 26, 2017 00:38
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When you guys uploaded your docs, did you scan all seven pages? Or just the two with signatures?
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Jan 27, 2017 23:59
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Kramdar posted:When you guys uploaded your docs, did you scan all seven pages? Or just the two with signatures? You need to do all of them.
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Jan 28, 2017 00:14
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No Pants posted:You need to do all of them. Yeah mine got rejected for only uploading the signed ones.
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Jan 28, 2017 00:41
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Got my turn in date set up for mid march! I think my GTI will be finished this week so I'll have to turn in my rental. Then I'll have to drive the Golf until I go back out to CO in 2 weeks to pick the GTI up and then I just wait to turn it in. Poor girl 
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Jan 30, 2017 01:55
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Yeah, we got a mid March appointment as well. I guess Volkswagen needs a whole month off to recoup? My wife did all the final steps on their website, then got to the appointment section. She just about flipped. Now we are having to decide whether or not to buy now and have her TDI sit in the driveway at her parents' house.
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Jan 30, 2017 20:16
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I'm just gonna park mine at work. My appt also isn't till mid march but I'm going to get the replacement car in a few weeks.
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Feb 1, 2017 04:46
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So for whatever reason, the part where VW pays VWCredit hasn't happened yet for me. I've been paid my difference, but I decided to also pay my car payment for January and February despite having returned my car 1/13 because I'm trying to keep my credit. Thankfully I work at a dealer so I just about bugged the buyback dude every day since wondering wtf, and even sent a message to vwcredit on their message center. They finally messaged back, saying they realize there's a delay and yadda yadda, we will be refunding you $1095.10 (over two payments, but not quite three???), please allow 15 days of holding once the payoff has been finalized, then 7-10 business days to receive payment. Jesus Christ. Don't expect anything to be easy. Edit: this message was received at 4pm today, and coincidentally I talked to the buyback rep about the situation, so he definitely made sure someone is getting his emails, he's been loving awesome. Can't recommend talking to your dealer level contact if you're having issues enough. interwhat fucked around with this message at 02:07 on Feb 2, 2017 |
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Feb 2, 2017 02:03
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My wife is going to have to take the car in by herself for the buyback. Now she isn't helpless, but she is the type to tell me to "make this work". Is it painless enough where I won't get a phone call while I'm at work? I figure she just needs the title besides the power of attorney she had to get. And perhaps she'll need to enter banking info for the EFT too.
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Feb 2, 2017 02:14
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It's ridiculously easy. Just make sure she knows the number you're expecting and that what they offer you matches that. It's really just a signature. You'll get an email from Chase, where you'll create a temporary login to enter your bank account number.
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Feb 2, 2017 02:58
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There's an article up on Jalopnik now about people who've hoarded TDIs from people who either don't know or don't care about the buyback.. then turning them in to VW for the full credit. One guy claims he's holding 10 cars at the moment, another expects to clear $60k doing this. I thought VW had some pretty specific requirements for ownership history. Are these people blowing smoke, or are they complete idiots in for an incredibly rude awakening? Edit: did some more reading, there was scheme where the seller and buyer would split the diminished value credit for sales that fell between the story breaking to 45 days after the buyback was made official. But now it's totally fair game. There are a few TDIs in my neighborhood, think I might go take out a loan... NoWake fucked around with this message at 03:59 on Feb 2, 2017 |
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Feb 2, 2017 03:39
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I wanted to buy a couple engines to sit on, now everyone wants too much for even a wrecked one.
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Feb 2, 2017 03:59
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NoWake posted:There's an article up on Jalopnik now about people who've hoarded TDIs from people who either don't know or don't care about the buyback.. then turning them in to VW for the full credit. One guy claims he's holding 10 cars at the moment, another expects to clear $60k doing this. I came to this thread because of this article. I have already found some listings in my area that would net ~$5k each. I don't see the downside. My question for the thread is what is the turnaround time on buybacks? I see people above complaining about the time, but I believe that is because the buybacks are just finally starting correct? If I bought an eligible TDI tomorrow and started the process with VW does anybody have an estimate of how long it would be until I see a check? I really don't see how this isn't free money. Since I can check eligibility and exactly how much I will get before I buy anything I can be sure exactly what my return will be and am guaranteed the buyback. As long as I have the capital and ability to hold the vehicle until the process completes I just don't see how it isn't a sure thing. What am I missing?
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Feb 2, 2017 19:23
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I was under the impression that you were only eligible for the buyback if you bought the car prior to the buyback being announced. Unsure how you could buy it tomorrow and still be eligible unless it was a title-fraud sort of thing, unless I'm totally wrong on this one and in which case am quitting my job and hoarding oilburner VWs.
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Feb 2, 2017 19:31
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Seat Safety Switch posted:I was under the impression that you were only eligible for the buyback if you bought the car prior to the buyback being announced. Read the article a couple of posts up. You can buy one tomorrow and turn around and get the buyback. It usually isn't done this way, but speculation is they did it because the vehicles have to come off the road no matter what (I think they are required to buy back at least 2/3rds) so VW doesn't care who bought it or when since they have to buy them back regardless. That is why this is such an amazing opportunity to make money. Lots of people don't know about the buyback or don't care so you can buy the cars at normal price then do the buyback and net $5k+ because of the restitution. Hence my question as to how long the buyback process takes if I bought a car tomorrow and initiated the buyback process immediately?
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Feb 2, 2017 22:03
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D-Pad posted:Read the article a couple of posts up. You can buy one tomorrow and turn around and get the buyback. It usually isn't done this way, but speculation is they did it because the vehicles have to come off the road no matter what (I think they are required to buy back at least 2/3rds) so VW doesn't care who bought it or when since they have to buy them back regardless. Isn't the restitution split between original purchaser and current owner? I seem to recall something about that in the details when I was looking at the paperwork.
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Feb 2, 2017 22:50
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Cyrano4747 posted:Isn't the restitution split between original purchaser and current owner? I seem to recall something about that in the details when I was looking at the paperwork. That only applied for cars bought between June 28, 2015 and September 18, 2015. If you buy one today the seller is poo poo out of luck.
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Feb 2, 2017 22:55
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http://www.vwvortex.com/news/court-documents-now-forbid-stripping-tdis/ No more stripping down the car before trading in.
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Feb 3, 2017 06:12
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CommieGIR posted:http://www.vwvortex.com/news/court-documents-now-forbid-stripping-tdis/ Ugh, I'm really hoping that's not gonna create an issue with my car going back on steelies. loving assholes pushing poo poo loving things up for the rest of us.
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Feb 3, 2017 16:40
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fknlo posted:Ugh, I'm really hoping that's not gonna create an issue with my car going back on steelies. loving assholes pushing poo poo loving things up for the rest of us. Worst case just get some lovely walmart wheel covers.
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Feb 3, 2017 17:15
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I heard from my manager today that during the week he tried to turn in his Jetta TDI, and he had some issues. He chose the check option, because he didn't want to have to mess with an electronic funds transfer. Due to his long commute, he apparently racked up enough miles to push him into the next mileage bracket for the payback. Since the check was to big, the buyback couldn't be finalized. The claims rep told him that there was nothing that could be done, other than rescheduling his appointment for a later date. When he resubmitted for a new turn in date (6 weeks out), the proposed payment ends up being the same. The help line doesn't seem to actually seem to be able to help him in any way to verify that a new proper check will be cut for him in March. And, to switch to the electronic funds transfer would require him to start the buyback procedure from scratch. Anyone have any suggestions on what he can ask or do to get his payout check adjusted properly. I think he would like to avoid having his VW sit for a couple of months until the mileage adjustment catches up to his actual mileage.
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Feb 4, 2017 22:49
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The amount changes every month since it's based on an certain number of miles each month. With the current mileage, by not driving it for a month or two, gets the buyout amount back up to what it used to be.
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Feb 5, 2017 03:14
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Finally got my turn in date. April 21 
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Feb 5, 2017 19:55
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My work-friend has a ~2014 Jetta TDI that he bought new and had scheduled his turn in for, but was involved in an accident that totaled out the car about a month ago. Insurance paid him out like ~14k and he bought it back, but intends to turn it in to VW to double dip. Should be interesting.
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Feb 5, 2017 20:23
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I mean that would only work if the car was able to drive into the dealership under its own power
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Feb 6, 2017 05:54
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