Question about Resale Value
Thread Starter
Pro
Joined: May 2014
Posts: 718
Likes: 67
From: Catonsville Maryland
Question about Resale Value
I have a new 2015 Stingray and when I got it there were a few issues.
One major one was the driver side speaker did not sound good at times or nothing will come out of it mainly during phone calls sometimes the radio.
So the dealer replaced this and put it on my carfax report.
I just want to know if getting parts replaced under warranty will affect my resale value in anyway.
I mainly want it off because I received the car from factory like this, but if it doesn't affect it, I will just let it go.
Thanks,
One major one was the driver side speaker did not sound good at times or nothing will come out of it mainly during phone calls sometimes the radio.
So the dealer replaced this and put it on my carfax report.
I just want to know if getting parts replaced under warranty will affect my resale value in anyway.
I mainly want it off because I received the car from factory like this, but if it doesn't affect it, I will just let it go.
Thanks,
Race Director
Joined: Jan 2014
Posts: 10,709
Likes: 7,101
From: Fulshear, TX
Every car is going to have minor warranty and recall issues, I wouldn't worry about it. As an owner, I'd rather know my car is perfect and get anything damaged or defective replaced. As a buyer, I'd like to see the owner take pride in the car and keep it in as good of condition as possible; I've never been concerned seeing things like this on a Carfax report.
Racer
Joined: Dec 2014
Posts: 409
Likes: 6
From: Scottsdale Arizona
When I see minor warranty repairs like this on a CarFax report, it adds credibility to the report and reassures me that the previous owner took care of the car.
https://www.facebook.com/pages/C7-Co...2645030?ref=hl
https://www.facebook.com/pages/C7-Co...2645030?ref=hl
Drifting
Joined: Apr 2013
Posts: 1,743
Likes: 453
From: Saint Clair Shores Mi
When I see minor warranty repairs like this on a CarFax report, it adds credibility to the report and reassures me that the previous owner took care of the car.
https://www.facebook.com/pages/C7-Co...2645030?ref=hl
https://www.facebook.com/pages/C7-Co...2645030?ref=hl
Race Director
Joined: Oct 2005
Posts: 10,020
Likes: 3,427
From: Plymouth Massachusetts
2025 C7 of the Year Finalist- Unmodified
2024 C7 of the Year Finalist - Unmodified
2020 C7 of the Year Finalist -- Unmodified
As long as it does not have ACCIDENT or MAJOR ENGINE or BUY BACKS I would think little minor things showing up on a carfax report means NOTHING at all!
Race Director
Joined: Aug 2010
Posts: 12,641
Likes: 463
From: Houston TX
It doesn't matter if the items are on Carfax or not...the GMVIS system will have the history of all the dealer-performed repairs.
This info can be provided upon request to anyone that has the car's VIN.
but I agree minor items aren't an issue w/Carfax...
This info can be provided upon request to anyone that has the car's VIN.
but I agree minor items aren't an issue w/Carfax...
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Le Mans Master
Joined: Apr 2012
Posts: 6,956
Likes: 4,811
From: Camden SC
On a related note, a few years ago, I purchased an expensive, late model, premium sports car with a clean CarFax report. With the exception of a couple of innocuous service visits for electrical system checks, just normal maintenance items appeared on the report.
I spent the next 18 miserable months trying to track down and repair a series of major electrical gremlins so bad they rendered the car completely unreliable. I finally sold the car at a significant loss and was happy to be rid of it.
Moral of the story? Pay CLOSE attention to everything you see on that report. As for me, I will never buy another car that has ANYTHING on the report that needed to be addressed more than once.
I spent the next 18 miserable months trying to track down and repair a series of major electrical gremlins so bad they rendered the car completely unreliable. I finally sold the car at a significant loss and was happy to be rid of it.
Moral of the story? Pay CLOSE attention to everything you see on that report. As for me, I will never buy another car that has ANYTHING on the report that needed to be addressed more than once.
Melting Slicks
Joined: May 2008
Posts: 2,162
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From: Prosper, TX
Race Director
Joined: Sep 2001
Posts: 10,560
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From: Wellington, FL
St. Jude Donor '11 thru '25
As mentioned, maintenance history on a vehicle is a good thing as long as accidents aren't involved. I have a friend who has an '05 MB SL500 and the only thing he's done is changed the oil a couple of times. If I was looking to buy such a car and that's the only maintenance items, I'd pass on it for sure.