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Old Nov 2, 2015 | 07:31 PM
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Default Recycled C7's

Ever wonder what happens to buy back lemon corvettes?

http://www.laveryauto.com/VehicleSea...visitedVD=true

Interesting but full disclosure.
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Old Nov 2, 2015 | 07:35 PM
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I found interesting that the car fax is clean- no lemon shows up
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Old Nov 2, 2015 | 08:05 PM
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The common theme seems to be "Torch Red". Hmmmmm.
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Old Nov 2, 2015 | 09:21 PM
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Bought back for "engine overheating..."
I would say it was bought back for buyer's remorse or couldn't make the payments. It looks like the original owner had some fun with the car. The tires are cooked at 3500 miles.
http://www.laveryauto.com/VehicleDet...-OH/2642369343



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Old Nov 2, 2015 | 09:43 PM
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At least they are telling you about the buyback.
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Old Nov 2, 2015 | 11:41 PM
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Originally Posted by k_arnold
Bought back for "engine overheating..."
I would say it was bought back for buyer's remorse or couldn't make the payments. It looks like the original owner had some fun with the car. The tires are cooked at 3500 miles.
http://www.laveryauto.com/VehicleDet...-OH/2642369343



Sport Cup 2 tires, that's about normal. $2200 for 4k miles.
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Old Nov 3, 2015 | 08:23 AM
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Originally Posted by 1968swbbigblock
I found interesting that the car fax is clean- no lemon shows up
Anything entered into a database that carfax would catch is voluntary. Carfax gleans data from things like insurance companies or law enforcement data bases. Nothing compels GM to list the car as bought back because of an issue, I'm not even sure what data base you'd enter that into.

Last edited by Ernest_T; Nov 3, 2015 at 08:26 AM.
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Old Nov 3, 2015 | 08:25 AM
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Originally Posted by k_arnold
Bought back for "engine overheating..."
I would say it was bought back for buyer's remorse or couldn't make the payments. It looks like the original owner had some fun with the car. The tires are cooked at 3500 miles.
http://www.laveryauto.com/VehicleDet...-OH/2642369343



Isn't it usually a repo when someone can't make payment? Buyback indicates there was an issue with the car and GM had to buy it back.
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Old Nov 3, 2015 | 08:26 AM
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So if you buy one, drive it for a couple years and then trade it, do you have to disclose the buyback? If it's not on the Carfax, does the buyback show up in the GMVIS? Not that I wold buy one. Just curious.
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Old Nov 3, 2015 | 10:04 AM
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Many of the GM buybacks are ultimately sold at auto auctions with full disclosure on the auto auction sites.

This is not unusual to see. Most are being sold at the Flint, MI auto auction.
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Old Nov 3, 2015 | 12:58 PM
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Originally Posted by DAFFYDRUNK
So if you buy one, drive it for a couple years and then trade it, do you have to disclose the buyback? If it's not on the Carfax, does the buyback show up in the GMVIS? Not that I wold buy one. Just curious.
It's only a buyback if there was something wrong with it causing GM to take it back. If the owner just sells it or trades it in that's not a "buyback". That's just normal business.

Also, a repossession is not a buyback either. A repo isn't being done because of anything to do with the car. Its being done because the buyer couldn't (or just didn't pay). That said, if the guy couldn't keep up with the payments he probably couldn't keep up with maintaining it either...but that's a separate issue. A repo or a trade in is just another used car, not a buyback.
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Old Nov 3, 2015 | 02:31 PM
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I will add.......... this dealer is not too far from me. He has a pretty good reputation and I know of several folks who have bought recycled cars from him and never had an issue. One friend just picked up a C7 that had a defective air bag system.

Not sure the prices are reasonable based on market but every buyer makes their decision.
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Old Nov 3, 2015 | 02:58 PM
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Originally Posted by Greg00Coupe
I will add.......... this dealer is not too far from me. He has a pretty good reputation and I know of several folks who have bought recycled cars from him and never had an issue. One friend just picked up a C7 that had a defective air bag system.

Not sure the prices are reasonable based on market but every buyer makes their decision.
with a 5 year 100 k mile warranty and the common sense to find a dealer with a good service department that knows corvettes so you can work with him, there doesn't seem to me to be much risk.
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Old Nov 3, 2015 | 06:29 PM
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I bought A 1997 Plymouth neon.I had talked to the previous owner.He couldn't keep it running.I bought it from A dealer who bought it at auction.It needed A computer.It had
34,000 miles when I got it.I put around 80,000 on it.
The point is I believe GM fixes many of the problems before it goes to auction.
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Old Nov 3, 2015 | 06:50 PM
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How about the c7 z51 that turns into a camaro as you read on/...Ya not sure I would spend my thousands on any of these cars/

1 Owner... z51 Stingray.. 2LT Model.. 100,000 Mile Warranty.. Low Miles.. Torch Red.. Automatic Transmission.. Heads-Up-Display.. Leather w-Heated-Cooling Seats.. *Navigation* Magnetic Ride Control.. Rear Camera.. Push Button Start.. Remote Start.. Bluetooth.. Dual Power Seats.. Red Calipers.. Performance Date and Video Recorder.. Black Aluminum Wheels.. Dual Mode Exhaust.. Driver Memory Settings.. (This Camaro was bought back under the lemon law due to the suspension being inop. Fixed and ready to go. Balance of factory warranty still applies.) Lavery Automotive prides itself on our hassle free, non-commission sales process. We encourage you to look at our online reviews and discover why everyone buys, trades, and services their vehicles with us. Here are some next steps if you are interested in this vehicle. If you have questions about this vehicle or the process to buy a car at Lavery Automotive, please ask. Unless there is a pending deal, call us prior to your arrival and we will have it ready to drive!

Last edited by boraxman; Nov 3, 2015 at 06:51 PM.
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Old Nov 3, 2015 | 07:27 PM
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Originally Posted by boraxman
How about the c7 z51 that turns into a camaro as you read on/...Ya not sure I would spend my thousands on any of these cars/

1 Owner... z51 Stingray.. 2LT Model.. 100,000 Mile Warranty.. Low Miles.. Torch Red.. Automatic Transmission.. Heads-Up-Display.. Leather w-Heated-Cooling Seats.. *Navigation* Magnetic Ride Control.. Rear Camera.. Push Button Start.. Remote Start.. Bluetooth.. Dual Power Seats.. Red Calipers.. Performance Date and Video Recorder.. Black Aluminum Wheels.. Dual Mode Exhaust.. Driver Memory Settings.. (This Camaro was bought back under the lemon law due to the suspension being inop. Fixed and ready to go. Balance of factory warranty still applies.) Lavery Automotive prides itself on our hassle free, non-commission sales process. We encourage you to look at our online reviews and discover why everyone buys, trades, and services their vehicles with us. Here are some next steps if you are interested in this vehicle. If you have questions about this vehicle or the process to buy a car at Lavery Automotive, please ask. Unless there is a pending deal, call us prior to your arrival and we will have it ready to drive!

I know he sells other GM buyback cars too. A friend bought a camero off them because the vert had a leak and they recycled it. Friend never had an issue with it.

Just a little cut and paste type by the sales staff.

Last edited by Greg00Coupe; Nov 3, 2015 at 07:28 PM.
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Old Nov 4, 2015 | 11:04 AM
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More Junk from GM!
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Old Nov 4, 2015 | 11:42 AM
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Originally Posted by [B
Black&White[/B];1590835046]More Junk from GM!
Black&White:

I am not sure why you continuously disparage GM in your posts.

It is my understanding when GM buys a vehicle back through a dealership, the vehicles are inspected carefully, repairs completed then sold via the auto auctions.

On the auto auction websites, the vehicle is "fully disclosed" that the vehicle being sold is a GM buyback. They hide nothing to the potential purchaser at the auction. There is "full disclosure", including the problems or the repairs that have been made and an estimated cost of the repair made.

It is hard to understand why you claim "More Junk from GM".

These auctions are "Dealers Only" sales, not to any individual consumer. So in reality the vehicle also goes through a dealer inspection.

I have attached a PDF of a recent GM Buyback sold at auction....2014 Corvette C7 $53,000. The listing clearly disseminates that the vehicle auctioned off is GM Buyback.
Attached Images

Last edited by nmvettec7; Nov 4, 2015 at 11:49 AM.
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