VW Dieselgate claims

AdrianC

Mickey666 said:

AdrianC said:

Your parallels are based on the presumption that the car was "useless". it wasn't.

No they are not - you're changing the goalposts again.
...
Now you're changing tack to argue on the basis of product 'uselessness', which I've never mentioned.

You introduced PPI as a parallel.
The entire point of the PPI mis-selling was that the policy was useless to people. It could never be claimed against. It was money for, literally, nothing.

That is self-evidently completely different to the VW situation.
People paid money for a car.
They got a car that did EXACTLY what they expected it to do, and they used it for that. They continue to use it for that, and it continues to do that job.
When a minor technical irregularity in the approval process came to light, the manufacturer changed the software in it to remove that.

Do you expect your money back from a copy of MS Office because there's been security updates released?

Yet for some reason you're defending 'money grubbing' claims against VW but not against PPI

I'm doing neither.

The people behind the class action gravy trains against both are the same people - ambulance-chasing, scamming slugs.

Mickey666

RichardD1970 said:

Of coarse there was a loss with PPI, the premiums that people paid monthly for the policy. If the policy could never be used then they have still paid for it. That is what was claimed back (+ interest).

True, but they didn't know that.  People buy insurance for peace-of-mind and that's what a PPI policy provided to someone as long as they never needed to claim.

Suppose your house insurance policy for last year was not valid and would never have paid out in the event of a claim?  You paid your premium and lived happily ever after with peace of mind, which is why we all buy insurance.  Because you never needed to claim you never knew the policy was useless so your peace of mind was not disturbed.  You lost nothing.

Mickey666

AdrianC said:

The people behind the class action gravy trains against both are the same people - ambulance-chasing, scamming slugs.

Finally we agree

williamgriffin

Mickey666 said:

RichardD1970 said:

Of coarse there was a loss with PPI, the premiums that people paid monthly for the policy. If the policy could never be used then they have still paid for it. That is what was claimed back (+ interest).

True, but they didn't know that.  People buy insurance for peace-of-mind and that's what a PPI policy provided to someone as long as they never needed to claim.

Suppose your house insurance policy for last year was not valid and would never have paid out in the event of a claim?  You paid your premium and lived happily ever after with peace of mind, which is why we all buy insurance.  Because you never needed to claim you never knew the policy was useless so your peace of mind was not disturbed.  You lost nothing.

You lost the cost of a policy. By your logic ghost brokering would be legal so long as no one needed to claim. 

Mickey666

williamgriffin said:

Mickey666 said:

RichardD1970 said:

Of coarse there was a loss with PPI, the premiums that people paid monthly for the policy. If the policy could never be used then they have still paid for it. That is what was claimed back (+ interest).

True, but they didn't know that.  People buy insurance for peace-of-mind and that's what a PPI policy provided to someone as long as they never needed to claim.

Suppose your house insurance policy for last year was not valid and would never have paid out in the event of a claim?  You paid your premium and lived happily ever after with peace of mind, which is why we all buy insurance.  Because you never needed to claim you never knew the policy was useless so your peace of mind was not disturbed.  You lost nothing.

You lost the cost of a policy. By your logic ghost brokering would be legal so long as no one needed to claim. 

Lost or paid?  Everyone loses/pays the cost of a policy if they don't claim against it so why do they bother? 
Peace of mind of course.

williamgriffin

Mickey666 said:

williamgriffin said:

Mickey666 said:

RichardD1970 said:

Of coarse there was a loss with PPI, the premiums that people paid monthly for the policy. If the policy could never be used then they have still paid for it. That is what was claimed back (+ interest).

True, but they didn't know that.  People buy insurance for peace-of-mind and that's what a PPI policy provided to someone as long as they never needed to claim.

Suppose your house insurance policy for last year was not valid and would never have paid out in the event of a claim?  You paid your premium and lived happily ever after with peace of mind, which is why we all buy insurance.  Because you never needed to claim you never knew the policy was useless so your peace of mind was not disturbed.  You lost nothing.

You lost the cost of a policy. By your logic ghost brokering would be legal so long as no one needed to claim. 

Lost or paid?  Everyone loses/pays the cost of a policy if they don't claim against it so why do they bother? 
Peace of mind of course.

If the policy isn't valid you've lost the money. 

Mickey666

If you never claim on the policy you've lost your money.

williamgriffin

Mickey666 said:

If you never claim on the policy you've lost your money.

Not in the way you would if the policy was invalid. 

You take out a policy with the expectation its tgere if you need to claim. 

Mickey666

williamgriffin said:

Mickey666 said:

If you never claim on the policy you've lost your money.

Not in the way you would if the policy was invalid. 

You take out a policy with the expectation its there if you need to claim. 

Exactly!  You buy peace of mind, just as most who bought PPI did. 
If you never claim then you've lost your premium money but not the peace of mind.

williamgriffin

Mickey666 said:

williamgriffin said:

Mickey666 said:

If you never claim on the policy you've lost your money.

Not in the way you would if the policy was invalid. 

You take out a policy with the expectation its there if you need to claim. 

Exactly!  You buy peace of mind, just as most who bought PPI did. 
If you never claim then you've lost your premium money but not the peace of mind.

You seeming to be missing the point that it's about whether they pay out.