From our experience there has been no loss of value. We are happy to provide the best possible trade-in price, regardless of whether your vehicle is due to be checked or not.
Dylan Setterfield, Senior Forecasting Editor at CAP (a data source referred to by professional used-car dealers for vehicle values) said: "To date Volkswagen prices have only moved in line with the overall market. We had expected some level of short term impact due to the adverse media coverage, but this has not materialised. We are studying used car sales data, and wider metrics, such as proportion of cars available for sale, and unsold volumes. None of these show any impact, and dealers tell us consumer interest has remained in line with previous years."
The last global recall was the Toyota/Lexus airbag issue and despite the serious safety implications there was no discernible impact on used values.