VW Customers May Get a $7000 Pay Out

Posted by: Xavier Kwan onJune 24th, 2016

VW-CO2

With details surrounding Volkswagen’s $10 billion settlement which recently surfaced, it’s gotten the attention of customers who have been affecting waiting eagerly to determine what kind of compensation they will be receiving. Myself included, it’s less so about the compensation, and more so about having a clear picture of what options we will have infront of us to make a decision on our diesel vehicle.

In the current state, customers are left hanging time and time again as Volkswagen and regulators continue to battle out a solution. The most recent report is stating that Volkswagen will be paying out anywhere between $1,000 and $7,000 to diesel owners, depending on things like year, mileage and condition of the vehicle. This will be in addition to providing a fix or buy back option on the affected vehicle.

All of these details are still speculation until an official release of the deal comes out between regulators and Volkswagen. At that point, Canadian customers will wait to see what path Volkswagen Canada will go down for their customers.



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