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Volkswagen Group Emission scandal

Volkswagen Emissions Scandal

Drivers of VAG (Volkswagen Audi Group) vehicles are no doubt wondering if they have a car with the emissions cheat device and how it is going to affect them, not only with regard to performace and CO2 emissions but finacially too.

Motor trade professionals seem to be split on whether the emission scandal is going to have an affect on values and although there has been a lot of lawyer talk in the press, it is still unclear whether drivers will be due any form of compensation.

How things stand at the moment

Volkswagen has come clean (no pun intended) and admitted they have been using software in the US to put the vehicle into a different emissions mode once it thought it was under test conditions.

In the US 2009-2015 Volkswagen Golf, Beetle, Jetta and 2014-2015 Passat models had the devices fitted which manipulated CO2 results along with 2009-2015 Audi A3 models.

It is thought in the US that over 500,000 vehicles of the 11 million VAG cars sold worldwide will have been affected, with the group still yet to reveal how many affected vehicles are on the roads in the UK and the rest of europe.

Volkswagen was quickly to react to the news of the devices and has already declared they have put aside £4.7bn to cover costs for recalls in the US, whether these recalls will spread to Europe is yet to be confirmed.

The devices have absolutely no affect on the safety of any of the vehicles affected so drivers can continue to use their vehicles without any concerns.

So will this scandal affect the prices of cars?

Jim Holder of WhatCar magazine said in an interview with the BBC -In the short-term there will be an impact on the value of these cars and their desirability. That is because we do not know where the other 10.5 million cars with these cheat devices are, which has led to an obvious concern there will be some in Europe.

Dylan Setterfield, editor at CAP Black Book – a car valuation guide used by motor dealers in the UK said We do not expect there to be any significant impact on used values in the UK as a direct result

 

Are owners likely to obtain compensation?

At the moment it is too early to say but lawyers in the UK seem to think it is a strong posibility.

A lawyer “Jacqueline Young” head of the Slater and Gordon law firm said –

“If UK cars are found to contain defeat devices, this would give rise to a claim by car owners and car dealerships who bought VW vehicles on the basis of false information and whose asset has now devalued,”

 

Shares in the car firm have plumeted since the scandal so it will be interesting to see if and how Volkswagen can recover from such a devatstating error.

Selling Your Car Privately

Autotrader

A lot of people when changing their car for a newer one will part exchange their old one at the dealer. In order to get the best possible deal though by not having a part exchange you will need to sell your car privately, heres some hints and tips you should keep in mind.

Make Sure It’s running well

Quite an obvious one here but you would be surprised how many people will advertise a car with something small like a rattling exhaust or noisy wheel baring that could be fixed for next to nothing, only to leave it, have potential buyers turn up to view and be put off.

Take your time to drive the car and note anything that might put you off if you were buying it and get the issues fixed. It could save you a lot of hassle and time in the long run.

Spend some time having the vehicle professionally valeted.

You would be surprised the difference a professional valet can make. Sure you could clean the car yourself but with so many drivethrough car washer places now that charge around £10 for an inside and out clean and around £40 for a fully valet including polish why waste your own time. Not only this the guys cleaing will have all the professional products for restoring your paintwork and making putting a new lease of life into your car.

A nice clean car works wonders when people come to view it.

Know the Value

One of the biggest concerns when selling a car privately is knowing how to value it but in this day and age it couldnt really be much simpler. 1. You could have a look on classified sites such as autotrader.co.uk, find a similar car (not forgetting age, mileage and condition) and see what similar cars are selling for. 2. Use a sell my car site like dealerbid to get offers from different motor dealers. Once you have a handful of offers simply add on around £500 to the average price you get offered and this should be about right if you are selling to a private buyer.
Provide Evidence of the Vehicle’s Service History

If you have kept a record of all the service history for your car and MOT’s this can make a huge difference to a buyer. Imagine looking at an identical vehicle with no proof of previous service work or mot’s? Which one would you go for if you had the choice?

Maybe invest into a HPI or similar check

Car checks are now available online and a decent one shouldnt cost any more than £10. This will show your potential buyers that the car is free from any outstanding finance, hasnt been written off and isnt stolen. Again another thing that will boost the desirability of your car.

Take lots of photos
Most car selling websites allow you to upload lots of images so make sure you use as many as possible.

Park the car in a nice area without and distractions of other cars around and take pictures from all angles outside, the interior, any additional specification like satnav and maybe even under the bonet.

People love photos and if yours has 12 and the one below on the search results only has 1, youre much more likely to get an enquiry.

These are just a few hints and tips that you might want to use when selling your car privately. Making sure you market your car in the best possible way is going to make it much more easier to find a buyer and sell it.

Related article – getting a good price for your car