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Quick Poll: Brand new C7 with replaced transmission effect on resale

2756 Views 9 Replies 9 Participants Last post by  U.S. Marine
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?


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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.
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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.

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