Am I missing or forgetting something simple? In this particular case when you have equity in your car but have a loan balance you just take the equity amount and reduce it from the sale price of the vehicle. Then add back your tax and DMV for a complete total. In most states, if the trade-in is valued higher than the replacement purchase you would not pay any tax at all.
As you pointed out they did not provide a breakdown, so you will want to continue shopping and find a store that will disclose the numbers honestly. Got a car buying conundrum that you need some assistance with? Email me at tom. Are the low-mileage VWs diesels? The model year range makes me think they are Dieselgate remnants. However, it comes down to driving dynamics.
Handling is competent but a bit dull. And what it does, is a 9-second mph time, which is a tad slower than its aforementioned Mazda and Honda competitors. As Volkswagen Group, the second-largest automaker in the world, continues to experience worldwide growth, it is troubling that its most prominent mass-market brand is having a hard time in one of its most important markets.
Since last September, the Volkswagen brand has been embroiled in a catastrophic emissions cheating scandal that has decimated the company's reputation in the US and around the world. VW admitted to equipping more than 11 million diesel-powered cars worldwide with software designed to cheat government emissions tests.
As a result, the company will have to either buy back, terminate the lease of, or modify nearly , cars sold in the US since Although the financial toll has been extreme, the damage to VW's public image has been far more devastating. As the largest proponent of diesel technology in the US, many of the owners burned by the scandal also happen to be some of the brand's most loyal.
Even non-diesel buyers are turning away from the brand out of distrust. For much of the past decade, Volkswagen has been plagued with powertrain reliability issues in the high-volume four- and five-cylinder engines that power Passat, Jettas, and other VW products, according to Consumer Reports.
AP Even though VW has made significant strides over the past few years in terms of quality, the emissions scandal has all but wiped out any positive sentiment the automaker may have engendered with the public. There seems to be a stigma that lingers in the minds of mass-market shoppers who place a premium on reliability. This stigma is further enforced by publications like JD Power's vehicle dependability survey, where VW scored below industry average. In the Volkswagen Group family, VW's role is to build mainstream, mass-market transportation while its luxury-oriented siblings like Audi and Bentley build higher priced, fancier models.
Even though VW sees itself as a rival for the Toyotas and Fords of the world, that's not how it's working out for the brand at the dealership. Thanks to its European origins and a close association to its corporate siblings, US consumers see VW as a near-luxury product. Compared to a conventional gasoline-powered model, diesel and hybrid-powered VWs have additional systems and components that could probably do with a check-over by a factory-trained technician, just to be safe.
Extended warranties may be available to add further peace of mind to your purchase decision. Some shoppers always buy the extended warranty.
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