Resale value of these vehicles now about 50% of what it was.
Imagine buying a house for $200,000 and then find it full of asbestos despite an inspection. Now your house is worth $100,000.
Not a parallel comparison. It is only “parallel” due to government lies and meddling in the case of car emissions. As far as this goes, it is just down to who is the more malicious liar between the car company and the government, the latter being the cause of no other automobile companies selling diesel cars in the USA.
Lost half its value? That makes no sense. At the most VW will pay a fine but that won’t affect the consumers. Stockholders yea but I don’t see it having any effect on resale values.
Imagine actually OWNING a house.
Oh, that's right - you rent it from the Gruberment.
The asbestos analogy is absurd. Furthermore, the “cheated” configurations were tested to be more efficient.
I’d happily pay more for “cheated” diesel.
In the end, to halt all the legal activity and lawyer costs...I see VW having to offer a brand new car to each single ‘victim’. The guy will get thirty days to make the decision to swap his car for this new one. As for the old diesel cars collected....I would imagine they all leave the US on some boat sailing to Africa and sold for half their value there.
REALLY???? So I can get one of these vehicles for 1/2 off now? Where do I sign up? I’ll take 3 of them!!!!
That’s an apples and oranges comparison. Asbestos is dangerous to your health, whereas a car that gets better mileage and performance is a plus to the consumer.................