Volkswagen Will Back Used Diesel Model Prices

Washington (WDEF) – Automotive News reports that Volkswagen of America will offer to buy back used diesel models from U.S. dealers.

They will use prices established before September 18th, when the emissions scandal broke.

Prices for the used diesel vehicles have plummeted since then and sales volume is down 25%

The move is meant to convince dealerships that they will get some value if they take trade ins.

VW also told the dealers that they will step up production of gas powered models to replace the diesels.

Categories: Local News

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