August 18, 2022

Porsche Gasoline Settlement 2022: Is It A Scam? More Details Here!

Have you received an Porsche Gasoline Settlement email about a Class action settlement against Porsche and Volkswagen dealership? Do you want to find out if this email is a scam or legit one? Do you want to get the full details about this class action settlement? Continue reading for more details.

What is The Porsche Gasoline Settlement

Porsche and Volkswagen (the “Defendants”) have agreed to a Consumer Class Action Settlement Agreement and Release (the “Settlement”) to resolve claims that certain Porsche-branded gasoline vehicles sold or leased in the United States produce excess emissions and/or obtain worse fuel economy on the road than in testing conditions. Porsche and Volkswagen deny the claims but have decided to settle. The Court has not decided who is right. A federal court has granted preliminary approval of this Settlement, and you may submit your claim now here.

What is the Lawsuit All about

Under the Settlement, maximum cash payments range from approximately $200 to $1,100 for original and sole owners of the Class Vehicles, depending on the model and model year of the vehicle. Former owners, lessees, and non-original owners may be eligible to claim compensation. Certain Class Vehicles will receive compensation based on changes to fuel economy, which will be reflected in an updated Monroney Label, and payments for those vehicles will vary based on months of ownership/lease. Class Vehicles with Sport+ Mode that are part of the ongoing Sport+ emissions recall will receive an additional $250 for completion of the recall. The total value of the Settlement is at least $80 million.

How to know if you are in the settlement class

You are included in this Settlement as a Settlement Class Member If you are a current or former owner or lessee of certain gasoline engine Porsche vehicles you may be eligible for a class action settlement payment.

You are included in the Settlement if you own, lease, or previously owned or leased a Fuel Economy Class Vehicle or Other Class Vehicle as of June 29, 2022, or if you own a Sport+ Class Vehicle and complete the Sport+ Emissions Compliant Repair during your ownership, unless such a repair is not made available.

The list of Fuel Economy Class Vehicles, Sport+ Class Vehicles, and Other Class Vehicles can be found at Important Documents page 

What To Do To Receive A Payment From This Settlement

You must submit a claim and basic supporting documentation to receive your Settlement cash compensation. If your vehicle is also a Sport+ Class Vehicle, you will receive the additional Sport+ compensation automatically after you obtain the Emissions Compliant Repair (see here), but you must still submit a claim to receive the Fuel Economy or Other Class Vehicle Compensation.

The online claims process takes only a few minutes to complete. To start your claim, please visit the File a Claim page, input your Vehicle Identification Number (VIN), and fill out the Claim Form. If you do not know your VIN, please check the driver’s side dashboard and/or driver’s side door post, which will contain the 17-digit VIN for your vehicle.

You will also need to submit basic documentation to establish the period during which you own(ed) or lease(ed) your vehicle, including, for example (and depending on your particular circumstances), your:

  • Purchase agreement/lease contract; and
  • Sale agreement (if you sold the vehicle) or proof of most recent registration (if you currently own the vehicle)

Unless you exclude yourself, you are automatically part of the Settlement. If you do nothing, you will not get a payment from this Settlement and you will give up the right to sue, continue to sue, or be part of another lawsuit against the Defendant related to the legal claims resolved by this Settlement.

How much would This Setlement Pay?

Settlement payments may be up to  $200 – $1,100 depending on the vehicle, plus an additional  $250 for certain vehicles subject to a Sport+ emission recall.

Conclusion

If you wish to exclude yourself from the Settlement, you must submit a request to exclude yourself from, or “opt out” of, the Settlement, by September 30, 2022. If you do so, you will receive no compensation under this Settlement, but you will preserve your rights to sue the Defendants over the claims being resolved by this Settlement.

You can submit your claim now, and must electronically submit or postmark it no later than November 7, 2022. This schedule may change, so please visit the Key Dates page regularly for updates.

click Here to read about other settlement cases.

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