Volkswagen (VW), Audi, Skoda & Seat drivers face possible £3000 payout compensation (&/or £100-£650 ‘upgrade’) over #DieselGate

Volkswagen (VW), Audi, Skoda & Seat drivers face possible £3000 payout compensation (&/or £100-£650 ‘upgrade’) over #DieselGate

In the UK 508,276 Volkswagens, 393,450 Audis, 131,569 Skodas, 79,838 VW vans and 76,773 Seats – roughly 10% of the country’s diesels are to be recalled by the manufacturers due to ‘Diesel Scandal’ that has hit the press this week.

VW have indicated they will be fixing the issues however such repairs/changes may result in reduced fuel efficiency and increased CO2 emissions which in turn may impact upon the Vehicle Excise Duty payable and other associated costs. In other words it’s catch-22 whatever the manufacturers do.

Car Industry insiders/experts have indicated owners would have good grounds to sue the manufacturer for the false numbers along with compensation for the drop in their vehicle’s resale value.

Alongside this compensation, many have talked about further compensation to cover the difference in cost (normally £1000-£3000) for picking a ‘clean’ diesel engine.

To put any minds at ease, VW have stated “…all vehicles are technically safe and road worthy.”

How do I find out if my car is one of the unlucky ones?

  • Find out your VIN – Vehicle Identification Number. This is often found in your logbook, owners manual, somewhere under the bonnet near the front/side, front interior dash
  • Use this website to enter your VIN or Contact your dealer and give them your VIN number, although we suggest waiting a little longer before all the facts have come out + I think most dealers don’t know themselves what is happening yet
  • VW have said it would contact owners to arrange for their cars – fitted with EA189 engines after 2009 – to be “corrected”. No mention from the other companies, however remember Audi, Skoda & Seat are all owned by Volkswagen Group so most likely VW refers to them all

VW has estimated the cost of the scandal at £4.3billion, but experts believe it could go higher. The car company has indicated 11 million diesel cars globally are affected by the scandal.

Autocar magazine editor Jim Holder warned: “My advice to owners is not to expect large payments. “Expect some, but you won’t get rich.”


Does the Diesel Scandal make you think twice about using Petrol & Diesel?

Be a financial rockstar and share this with your friends, family and co-workers to maximise savings:

More posts:

Important things to remember with everything we post:

  • If you earn over your personal allowance (currently £12,570 a year) HMRC need to get their % cut (even if the money is in cash or from another country)
  • If you’re working for yourself / earning an income on the side you need to let HMRC know – There are numerous benefits but also some drawbacks
  • You need to always ensure whatever you’re doing is legal and not hurting anyone else – be careful and always think twice
  • Some income streams may require you to have DBS check, licence, insurance or qualifications before you can start to profit from it, do your research.
  • Be careful that any additional income doesn’t compromise your studies or main income/job
  • If you work for a company check your contract, if you don’t inform them you’re working on other side projects outside of work they may have grounds to ownership on this work
Remember to follow us!