Chevy Will Void Warranties On Flipped Z06 Vettes

[DavidKFla]

https://carbuzz.com/news/chevrolet-will-void-owners-warranty-if-they-flip-corvette-z06

 

[BULL]

View attachment 77799
https://carbuzz.com/news/chevrolet-will-void-owners-warranty-if-they-flip-corvette-z06

 

[Paladin06]

So no new vettes at BJ this or next year. ;-)

 

[DavidKFla]

So no new vettes at BJ this or next year. ;-)

People will still try and flip? Curious if there's going to be any buyers at inflated prices?

 

[Paladin06]

People will still try and flip? Curious if there's going to be any buyers at inflated prices?

Some people just have to much money and some people are fools so....

 

[Illegal_Demon]

But no policy is being considered to STOP the dealer Adm game? Yeah, that seems fair and balanced...

 

[DavidKFla]

But no policy is being considered to STOP the dealer Adm game? Yeah, that seems fair and balanced...

Either they make the money or nobody does.

Pretty soon are they going to expect payment if you flip your 1970 Chevy

 

[Boris]

But no policy is being considered to STOP the dealer Adm game? Yeah, that seems fair and balanced...

I think that is why the Z06 is starting at 106k instead of 90k like was originally thought.

Raptor R at 109k
Escalade V at 150k

Manufacturers are paying attention. They can't stop ADMs.
Dodge tried really hard with the Demon and failed miserably.

Only way Ford got around it with the GT is that they sold directly to their customers. Dealers couldn't pull that ADM bullshit.

I wouldn't be all surprised if Chevy upped the price again before it hits the streets.

 

[Slowpoke387]

People will still try and flip? Curious if there's going to be any buyers at inflated prices?

You better believe there will be. Plenty of people with money than brains will want one.

 

[vortecd]

They can fight all they want over them

 

[MurderCat]

Dropped my Z06 order when they announced a $106,395 base price. No way I was paying close to $150-200k for a fully loaded Z07 package. Lamborghini or Porsche is a much better buy in the 100-250k price range. Chevy is trying to be something they are not.

 

[Illegal_Demon]

Dropped my Z06 order when they announced a $106,395 base price. No way I was paying close to $150-200k for a fully loaded Z07 package. Lamborghini or Porsche is a much better buy in the 100-250k price range. Chevy is trying to be something they are not.

Much closer to 150-160 if you ordered every conceivable option (and the convert), assuming you are paying MSRP. With ADM, yep 200K is in play for a bells-and-whistle optioned Z06...

 

[EricG]

Would doing this to a buyer/flipper even be legal?

 

[Illegal_Demon]

Would doing this to a buyer/flipper even be legal?

If they are so "disturbed" by all of the flipping why not sell directly to the buyer ala Ford and the GT? As a nice bonus this would serve the dual purpose of protecting the CONSUMER from the big bad ADM dealerships...

 

[1971demon]

Would doing this to a buyer/flipper even be legal?

Ford's no sale restriction on the GT..stood up in court...

 

[EricG]

Ford's no sale restriction on the GT..stood up in court...

Yes but I believe all of the buyers signed a contract agreeing to that just to be able to purchase one.

I got a ride in a new GT, pretty sweet.

 

[1971demon]

Yes but I believe all of the buyers signed a contract agreeing to that.

That is true...outlined in the terms and condition of sale

 

[Magnified]

Would doing this to a buyer/flipper even be legal?

That is the question.... They would need to publish the hell out of the policy, especially to the original buyer. And if the seller does not specifically tell the new buyer "your warranty is gone" the seller opens themselves up to a lawsuit and perhaps even charges of fraud.

Interesting way of going about it. I will watch with interest.

 

[572 savoy]

So much for White Trash and his 5 ZO6 he wants to flip!

 

[fumanchu182]

Dealers just need to sell directly. Stealerships used to just make money on repairs and used cars, now ADM. Im glad I got my cat and Ram pre covid. Fuck ADM.