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The Truth About Cars has learned from a source that the German automaker is buying up a number of TDI models from dealers’ certified pre-owned (CPO) inventories.
The source goes on to say Volkswagen is only buying up TDI models equipped with the first-generation EA189 engine. This comes down to the exorbitant costs of switching the lean NOx traps (LNTs) and exhaust gas recirculation (EGR) system to a selective catalytic reduction (SCR) system.
Vehicles equipped with the SCR system are expected to be fixed whenever Volkswagen is able to come up with a plan that passes scrutiny from the EPA and CARB.
Has Volkswagen has done a buyback program for dealers before?
In late October, Volkswagen sent a memo out dealers announcing they would buy back some of the TDI vehicles at prices before September 18th - the day when the EPA announced Volkswagen's violations. Automotive News said at the time that Volkswagen would start working on an inventory of affected TDI models sitting on dealer lots. From there, the automaker would begin buying back models that have been sitting on lots for 60 days or longer.
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I whent online to
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I whent online to vwcourtsettlement.com.i cannot find nothing please help me,thank you.
Some of us were told that we
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Some of us were told that we could expect to turn in (sell back to Volkswagon) during October of this year yet there does not seem to be any information on this buy back. I for one have bought another car and the 2014 Jetta Sportswagon I own sits un-tagged waiting. More bad news from VW.