Get some VIN-specific quotes from here to see where you really stand.
Either you can get out for less 
than paying the charges for miles & damage…. Or you’re so far underwater that it wouldn’t make sense to buy it.
Remember you only get one chance to exercise that “put option” to throw the keys back at them. Once you’re holding the bag, it’s yours.
One more reason to believe a VW is a terrible candidate to run into the ground. If it starts throwing CELs it could nickel and dime you to death.