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Old 06-28-2009, 12:48 PM   #17 (permalink)
Christ
Moderate your Moderation.
 
Join Date: Nov 2008
Location: Troy, Pa.
Posts: 8,919

Pasta - '96 Volkswagen Passat TDi
90 day: 45.22 mpg (US)
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Quote:
Originally Posted by McTimson View Post
I'm pretty sure they pay you 150% of the vehicle's value in 'excellent' condition, regardless of whether or not the vehicle is actually excellent or not. They'll try to give it to you in the form of credit towards a new truck, because they hope that you need a vehicle right then, but you should be able to take it as a check. I don't know if they use the trade-in value, private party value, or retail value, but either way, you could make something off this. The trade in value for that truck is $1725, private party is $2825, and retail is $4025. So, they would give you either $2587, $4237, or $6037.

When the recall was first announced, people were picking up these trucks left and right to take the credit on them. You may have gotten lucky, I would take it to a dealer before doing any major work on it just to see what you can get out of it.
This here would be great.... $3000 will buy most of what I need to build the house. The other $3000 would pay for a couple more "projects", start to finance my buggy build, and pay gas/insurance for awhile.

Too bad I won't qualify, since I don't take ownership until like Wednesday.

I'll call the dealer anyway to see if there's a workaround for it, but it's not likely.
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