[hornlaw]

To all those with perfect C7s I'm extremely jealous.... My C7 has been at my dealer for nearly 3 weeks now. It's an absolutely amazing car and I want it back, but it's excruciating to not have it for almost three weeks. The dealer has now had it longer than I have and I'm paying $1000 monthly car payments to drive a Malibu (yeah for me!). The problem was identified as a hair line fracture in the transmission housing, which is why it was leaking transmission fluid. After three weeks of back and forth, Chevy has agreed that the transmission needs to be replaced. BUT CHEVY HAS BEEN UNABLE TO GIVE THE DEALER A DATE WHEN THE NEW TRANSMISSION WILL ARRIVE. UGH!!!!!

But here's the real reason for the post, now that Carfax shows vehicle service histories and shows the repairs done to the car, I expect that any informed buyer to whom I later sell the car will know (and I believe I should disclose in any event) that the transmission was replaced within the first 1000 miles. My question to you guys is would you consider buying a car with a similar history and, if so, would you do so only after asking for a discount on market value based on the original defect? In other words, do you think that this defect (even though repaired) impairs the resale value of the car verses similarly situated cars without the defect?

Thanks,

Hornlaw

 

[mjw930]

There's no way to tell what will be in the mind of someone looking to buy it used but personally I wouldn't have any issue with a replaced transmission, especially so early in the car's life. I don't think an informed buyer would have a problem either.

One thing to remember, C7's won't be rare by the time you look to sell. Resale value will track pretty much in line with all other mass produced cars and the effect, if any, would be a couple hundred, give or take in the grand scheme of things. I wouldn't let it worry you.

What I would do is pressure Chevy customer service (not the dealer, GM directly) to throw in some perks considering the amount of time the car has been out of service. Maybe an accessory voucher equivalent to one months payment might be considered reasonable compensation.

 

[glen e]

When a hard assembly like a trans is replaced, there is very little effect on the resale as the whole part was taken out...... I would have no problem as the car is 100% - where as a buyer I would have a problem is when something is repaired such as a frame or body damage....that may resurface again.

 

[jalbregts]

I agree with Glen and MJW. I wouldn't think twice about buying a used car with a replaced transmission... I would be even less concerned seeing that occurred so early in the life of the car.

 

[rdslon01]

I think it would not bother me. Also, if the transmission replacement were new instead of refurbished, I think I would like it, especially if it had been replaced, let's say, only 5,000 miles before I bought it. At that point, it would be beyond the majority of the front end of the bathtub failure curve, and would be trustworthy. I would think, "Thank you very much for the new transmission..."

 

[Redc7]

Transmission, no, engine yes!

 

[[email protected]]

Being you asked, I would have nothing to do with it. But that's me (obviously in the minority, here). In any event, it is what it is. Hope you get your car back and it treats you good.

 

[mjw930]

Being you asked, I would have nothing to do with it. But that's me (obviously in the minority, here). In any event, it is what it is. Hope you get your car back and it treats you good.

Why?


Sent from my iPad using Corvette Stingray Forum

 

[greggshere]

Nah, a non issue as long as it is replaced with a new one and not a rebuilt. If anything it just means it has a New transmission, nothing more, nothing less.

 

[U.S. Marine]

Hornlaw, I wouldn't have a problem with purchasing a pre-owned corvette that had a part replaced, keep all documentation from the dealership in case you decide to sell it privately. I read on this site that the Chevrolet dealers mechanics who perform maintenance on the C7s had to attend GM training. Did the mechanics working on your C7 attend that training? When you get you C7 back, put it up on a lift to do a visual inspection to make sure everything was put back to factory specs, attention to detail.

Semper Fi
Rick