The Car and Truck Fleet and Leasing Management Magazine

Volkswagen Diesels Showing Higher Depreciation

October 13, 2015

Photo courtesy of VW.
Photo courtesy of VW.

Volkswagen's diesel models have lost their value in the auction lanes at a much sharper rate than comparable gasoline models since revelations came to light that the company had included a software cheat in the vehicles to beat emissions tests, according to Black Book.

Volkswagen's Golf TDI, Jetta TDI, Beetle TDI, and Passat TDI have in most cases recorded a depreciation rate more than double of the comparable gasoline models since Sept. 18. The Golf TDI fared the best with a 5% depreciation rate compared to the gasoline Golf's 3.5% depreciation.

The Passat TDI, which is the top fleet seller, has depreciated 7.9% compared to the 2.3% depreciation of the gasoline Passat.

The Jetta TDI depreciated 7.9%, while the gasoline Jetta fell 3.5% in value. Lastly, the Beetle TDI fell 6.5% and the gasoline Beetle fell 2.3%.

"It is still very early in the process for Volkswagen, as well as the outcome this may have on overall vehicle depreciation patterns, but we will remain focused on observing these vehicles in the coming weeks at auctions around the country," said Anil Goyal, Black Book's vice president of automotive valuation and analytics.

Black Book aggregates vehicle auction sales data for commercial fleet users.

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

Sue Miller is the manager of fleet program services at McDonald's Corp.

Read more

Up Next

More From The World's Largest Fleet Publisher