Eek! half way through buying a used VW Passat 2.0TDI - what do I do????

qwert_yuiop

Mr_Mink wrote: »

There's a big difference between the company's shares value and the value of the cars being sold.

Regardless of how wrong it was (which I don't think anyone is disputing), the value of a Passat in the UK isn't likely to see much change because of this.

I'd say most people will avoid passats etc until the truth is out. If complying involves some loss of engine efficiency or increased fuel consumption, then the car will be less appealing. Also, will there be a possibility of vw being made to pay compensation to owners? Why not, and if so you can expect things to drag out for ages. Yea, suddenly a less attractive and therefore cheaper vehicle in the second hand market.

qwert_yuiop

bigjl wrote: »

I am fairly certain that the Rig was leased from an American firm.

It was classic corporate America divert blame tactics

Even Obama insisted on calling BP, British Petroleum. Which it hasn't been called for years.

Yes, the rig was leased from transocean, with Halliburton also involved, but bp ended up taking most of the rap. The other two blamed bp. Remember, that was a case of carelessness, whereas this vw scandal is a case of deceit.

Strider590

The "scandal" won't make any difference, it'll all blow over soon enough. Sure the tax might go up, but who cares? VED is nothing compared to other running costs.

Plus think of all the people who'll have money saving ideas about buying a VW because they think the prices have fallen, if anything the value is likely to increase due to increased demand.

Joe_Horner

Strider590 wrote: »

The "scandal" won't make any difference, it'll all blow over soon enough. Sure the tax might go up, but who cares? VED is nothing compared to other running costs.

Damn the global warming fantasists and their fixation on "emissions"!

There are two entirely different types of emission from cars - (1) pollutants (such as nitrogen oxides, carbon monoxide and unburnt hydrocarbons), and (2) plant food (CO2). It's only the plant food that you're taxed on.

This little trick by VW affected the figures for pollutants, not for CO2.

The only way that this could affect VED is if the solution makes the cars thirstier enough that the EU decided to revoke type approval and have them resubmit the models for testing. Not even sure there's a mechanism for that to happen and, if there is, it'd mean recalling and replacing every one of the affected cars which just ain't going to happen!

So, they'll come up with a fix that reduces the nasty stuff, and the cars may use a little more fuel and help a few more plants grow as a result. But the headline plant food per km figure will stay the same.

deaglecat

If I were in the position of the OP, and the seller was a VW franchised garage... then I would request (in writing) an assurance that the car does not contain illegal components/modifications and then make it clear that you are buying the car on the basis of the manufacturers current published performance and VED bands.

Marktheshark

The piston through the crankcase scenario a far better thing to worry about.

Iceweasel

Low annual Car Tax is all going to change in the next couple of years anyway, I think.

That's due to Mr Osborne and his last budget proposals.

VED tax bands will change for new cars registered from April 2017, with first year rates based on emissions and a flat £140 a year thereafter. Cars with a list price over £40,000 will carry a £310 extra charge for five years. Zero emissions car will be exempt.

Speak about 'moving the goalposts' - eh.

pompeyrich

Iceweasel wrote: »

Low annual Car Tax is all going to change in the next couple of years anyway, I think.

That's due to Mr Osborne and his last budget proposals.

VED tax bands will change for new cars registered from April 2017, with first year rates based on emissions and a flat £140 a year thereafter. Cars with a list price over £40,000 will carry a £310 extra charge for five years. Zero emissions car will be exempt.

Speak about 'moving the goalposts' - eh.

When the £0 VED band was introduced there were about 5 car types that qualified and I believe the aim was to have us all driving super efficient little boxes to "save the planet".

Now a 2.0litre Vauxhall Insignia diesel with a top speed of 130+ MPH qualifies for £0 rate VED. So the manufacturers have tweaked things to hit the targets and reduce VED costs, so the Government lose income and realign the goalposts.

StreetHawk

Very similar to the OP , I'm also looking at buying a 2011/2012 Passat with the 2.0 Diesel engine but I haven't found the right one yet.

My thoughts are to sit it out and see what develops or choose another car and/or engine. I can see the used prices stalling or falling in the short term due to the uncertainty.

If the £500 deposit can't be recovered then I think I'd still go through with the purchase and hope it'll all work out in the end rather than be £500 out of pocket.

Strider590

pompeyrich wrote: »

When the £0 VED band was introduced there were about 5 car types that qualified and I believe the aim was to have us all driving super efficient little boxes to "save the planet".

Now a 2.0litre Vauxhall Insignia diesel with a top speed of 130+ MPH qualifies for £0 rate VED. So the manufacturers have tweaked things to hit the targets and reduce VED costs, so the Government lose income and realign the goalposts.

The aim was to keep us buying new cars, the govt takes an average of £5000 per car sold (according to average car value figures from 2 years ago). Forget tax on fuel and VED, with 2.4 million new cars sold in the UK last year, netting nearly £10 billion in VAT, if we stop buying new cars, the economy would collapse (that's without accounting for income tax generated by the automotive industry).

THAT is why they keep moving the goal posts, they designed a society where cars are status symbols, they then give people the excuse they need to buy new cars.