Well knocking 7200 off is lot of goodwill for a company that could get away without taking on any of it. It means for 10K you get an entirely new factory motor and turbo. Which is much like getting a new car. If it were me, I would try and negotiate 50/50 and argue about the LPFP issue just to try and get a little more. Asking them to go from 60/40 to 22/78(you pay 4K) or 17/83 (you pay 3K) is just to big of an ask.VW came back with 40% and I'd need to pay 60%...of $18,000 estimated by the dealer. Something but obviously that ain't happening.
I replied. We'll see what happens.
"Thanks for following up with me.
Me paying 60% of the quoted $18,000 to repair my car is still unaffordable to me and also wouldn't make financial sense.
Seeing as the car is original owner, perfectly maintained, and not modified, I was hoping that Volkswagen would have come forth with a stronger display of goodwill.
I had a paid off asset that was worth at least $13,000 as a trade in, and more than that private party which now is not functional due to a total engine failure that is clearly due to some latent defect. Not to mention the peril we encountered as the car died on a highway.
In order for me to entertain a repair at Northampton Volkswagen, my out of pocket costs would need to be kept at $3000 to $4000 tops. If that can be worked out, with either a greater goodwill by Volkswagen and/or an adjustment of the estimate by the dealer,please let me know by COB today 12/30. If we cannot reach an acceptable solution, I will begin arrangements to have the car towed home to me."
We'll see what they say.
So for 10K you get essentially a new car, done right. You can't buy anything close in the way of another used car without spending twice that or more. If you drag it home and put a low mileage motor in it you will be into it for at least 6K.
I think you should think about the deal and not be so quick to close the door on the deal. If your car is paid off, you can go back to the bank and refinance to pay for it. I think their 60/40 offer takes a horrible situation for you and turns it into a pretty good deal.
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