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Used prices for Volkswagen, Audi diesel models plummet in the wake of Dieselgate recall announcement

Used sale prices for Volkswagen and Audi “TDI Clean Diesel” vehicles involved in the VW Dieselgate scandal have fallen considerably since the German automaker announced that it would recall these vehicles. The Kelley Blue Book and other used car pricing sources report that used prices for the Jetta TDI and other VW “clean diesel” vehicles have fallen precipitously in the wake of Volkswagen’s admissions that it lied to consumers about the performance and emissions levels of its so-called “Clean Diesel” vehicles.

Multiple used car pricing authorities paint a bleak picture of the resale options for owners of Volkswagen and Audi diesel-powered models. According to Kelley Blue Book, used prices for Volkswagen diesel vehicles fell 13% in the two weeks following the company’s admission of fraud. Automotive News reported that on October 12, used sale prices for the Volkswagen Jetta TDI had fallen 7.9% from price levels before the Dieselgate announcement; one week later, used Jetta TDI prices had fallen to 13.8% lower than pre-scandal levels.

Even non-diesel Volkswagen models have been hit by the Dieselgate scandal. According to Kelley Blue Book, used sale prices for traditional gasoline powered Volkswagen models have fallen by 2.9% since Volkswagen announced that it would recall certain VW and Audi “clean diesel” models.

These declining resale prices paint a bleak picture for owners of one of the recalled Volkswagen or Audi diesel models. Many vehicle owners have found themselves trapped while Volkswagen formulates a plan to recall these models, unable to sell their car or even take the vehicle for an emissions inspection. Even when the recall plan is finally announced, “TDI Clean Diesel” owners will most likely find that the performance of their vehicle will be drastically reduced in order to bring the cars into compliance with federal emissions standards.

Numerous lawsuits against Volkswagen have been filed by Audi and VW diesel owners who purchased or leased one the vehicles involved in the diesel emissions scandal. The lawsuits have alleged that Volkswagen deliberately lied to consumers by marketing its “TDI Clean Diesel” models an eco-friendly, better-performance alternative to other “green” models like the Toyota Prius or Nissan Leaf. Legal experts are predicting that Volkswagen could face billions in government fines and legal liability over its fraudulent claims regarding the sale of these diesel vehicles.

Lawsuits Against Volkswagen Filed by Heygood, Orr & Pearson

Volkswagen and Audi “TDI Clean Diesel” owners may be eligible to file a lawsuit against the German automaker for its false claims regarding the performance and emissions levels of its diesel-powered vehicles. The first step in filing a lawsuit is to talk with an experienced consumer fraud attorney who can guide you through the process of filing a case.

Heygood, Orr & Pearson has already filed more than a dozen lawsuits on behalf of Volkswagen and Audi “clean diesel” owners. Our attorneys Pearson have successfully handled hundreds of lawsuits involving product liability and other commercial litigation claims on behalf of our clients.

If you purchased or leased a VW or Audi “clean diesel” vehicle, contact the lawyers at Heygood, Orr & Pearson to learn more about whether you qualify to file a lawsuit. For a free legal consultation about your case, please contact us by calling toll-free at 1-877-446-9001, or by filling out the free case evaluation form located at the top of this page.

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