Hot Commodity: Late-Model Volkswagen TDIs, New or Used, Are Rare and Selling for a Bundle
Although Volkswagen has paid dearly for its mistakes leading up to its diesel-emissions scandal, most owners of 2.0-liter TDI models have emerged relatively well off, thanks to the restitution and buyback terms of the $10 billion settlement program. Volkswagen dealerships haven?t fared too badly, either, with their $1.2 billion settlement. And now they appear to be making a bundle selling new, modified four-cylinder TDI models?while they last?as well as every used TDI they can, at prices inflated by market demand and short supply.
The going rate for a new, emissions-modified 2015 VW TDI model?yes, a two-year-old car, including the Jetta, Golf, Beetle, and Passat?is its original sticker price. A $5000 customer bonus does apply in many instances, but in some cases dealerships are writing that out, too. And good-condition, late-model used TDIs that are eligible for resale at this point are commanding transaction prices that approach their original MSRPs.
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Good-condition, late-model used TDIs that are eligible for resale at this point are commanding transaction prices that approach their original MSRPs.
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?Demand is really solid,? said Tom Herzog, the managing partner at Herzog-Meier, which has a Beaverton, Oregon, Volkswagen dealership that has taken in more than 1500 buyback vehicles so far. At the time Volkswagen froze sales of new 2.0-liter TDI models, Herzog-Meier had in stock 26 new TDI vehicles with the Gen 3 four-cylinder engine. Herzog confirms that the dealershi...
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