The lawyers will get $4.5 million . . .
According to the settlement website, the lawyers will get $4.5 million.
I get the opportunity to pay $2,200 at my dealership in Minnesota and the possibility
of getting $1,500 refunded sometime after the March 2014 hearing.
My 2006 Turbo S has 59,950 miles on the odometer as I type this today. I purchased it CPO from the local dealership after somebody leased it for 3 years. My dealership indicates the last time they replaced a customer's tubes it was about $2,200. I have the plastic pipes and 49 miles left before my possible reimbursement drops from $1,500 to $1,200 for a preventative replacement at the dealership.
Since I am not even sure we will get the "refunds" after the March hearing, I will certainly blow past the 60,000 mile cutoff this week and reduce my possible reimbursement. As it stands, if the hearing goes in "our favor", the lawyers will get the $4.5 million and I will get the opportunity to replace the pipes at my dealership for $1,000 (I pay $2,200 up front and get $1,200 refunded later).
The "fairness hearing" must just apply to the lawyers.