C7 General Discussion General C7 Corvette Discussion not covered in Tech
Sponsored by:
Sponsored by:

3 owners since Nov 2016

Thread Tools
 
Search this Thread
 
Old 03-03-2018, 08:03 PM
  #1  
Thompyt
Burning Brakes
Thread Starter
 
Thompyt's Avatar
 
Member Since: Oct 2010
Location: El Paso Texas
Posts: 1,070
Received 46 Likes on 32 Posts

Default 3 owners since Nov 2016

I found a 2017 2LT A8 Torch Ted GS online. The CARFAX states, Sold 10-2016 and traded in twice with close to 6K.

Comments?
Old 03-03-2018, 08:10 PM
  #2  
PobreWey
Racer
 
PobreWey's Avatar
 
Member Since: Oct 2017
Location: Calgary
Posts: 274
Received 86 Likes on 52 Posts
Default

Originally Posted by Thompyt
I found a 2017 2LT A8 Torch Ted GS online. The CARFAX states, Sold 10-2016 and traded in twice with close to 6K.

Comments?

Ask the seller for the reason and if they know why the other sold it. Take it for a test drive. Lots of reasons... could of traded for a manual, z06, different color Vette, different car and also could have issues GM wouldn't fix to look at it from a negative side. Another idea... hire Columbo

Last edited by PobreWey; 03-03-2018 at 08:11 PM.
Old 03-03-2018, 08:38 PM
  #3  
Maxie2U
Le Mans Master
 
Maxie2U's Avatar
 
Member Since: Aug 2015
Location: Southwest Florida
Posts: 7,836
Received 4,148 Likes on 2,248 Posts
Default

Could be just one of those things but why chance it. There are plenty of one owner C7s available for sale.
Old 03-03-2018, 08:45 PM
  #4  
silberma
Intermediate
 
silberma's Avatar
 
Member Since: Feb 2018
Posts: 30
Likes: 0
Received 3 Likes on 3 Posts
Default

Found today a 2016 Vette at CarMax that had 3 owners 6100 miles. No accidents or anything negative. You need to understand the these cars are big boy toys, they are wants not needs. Many just outgrow them quickly because they are not practical and the owner needs changed.
Old 03-03-2018, 08:51 PM
  #5  
Randy G.
Race Director
 
Randy G.'s Avatar
 
Member Since: May 2006
Location: Eagle, Idaho
Posts: 14,688
Received 552 Likes on 378 Posts

Default

When the Z06 came out a lot of people unloaded their existing C7's to trade up. For us, we had a 2016 for 13 months and only put 599 miles on it. It was my wife's car. She was diagnose with cancer and it just sat, so we sold it.


Old 03-03-2018, 09:35 PM
  #6  
Ed Ramberger
Drifting
 
Ed Ramberger's Avatar
 
Member Since: May 2008
Location: Denver, NC
Posts: 1,596
Received 435 Likes on 317 Posts

Default

1st owner had a torque convertor failure, 2nd had a warble, 3rd will get to do the convertor again and maybe the 4th will get a diff for the uncured warble...

Last edited by Ed Ramberger; 03-03-2018 at 09:36 PM.
Old 03-03-2018, 10:00 PM
  #7  
davepl
Le Mans Master
 
davepl's Avatar
 
Member Since: May 2000
Location: Redmond WA
Posts: 8,727
Received 1,500 Likes on 987 Posts

Default

Any GM dealer can print out the service history. Whether they will if the car is elsewhere I have no idea, probably not. You could post the VIN here and magic could happen.
Old 03-03-2018, 10:14 PM
  #8  
Kevin A Jones
Race Director
 
Kevin A Jones's Avatar
 
Member Since: Apr 2017
Location: Virginia
Posts: 12,863
Received 11,683 Likes on 5,589 Posts
Default

I wouldn't purchase a C7 that had 3 owners in less than 18 months as there's just too
many good deals out there on really nice C7s to take a risk as to the circumstances surrounding the car changing ownership so frequently.
Old 03-03-2018, 10:27 PM
  #9  
SRQStingray
Melting Slicks
 
SRQStingray's Avatar
 
Member Since: Sep 2009
Location: Sarasota Florida
Posts: 2,398
Received 204 Likes on 122 Posts

Default

I'd steer clear of that one.
Old 03-04-2018, 07:54 AM
  #10  
thill444
Le Mans Master
 
thill444's Avatar
 
Member Since: Jan 2017
Location: New England
Posts: 5,363
Received 4,100 Likes on 2,003 Posts
Default

Find out if they were actually owners or just the title changing hands as it went through auction, etc. Carfax can be misleading sometimes if you don't dig not the details.
Old 03-04-2018, 08:32 AM
  #11  
roadbike56
Race Director
Support Corvetteforum!
 
roadbike56's Avatar
 
Member Since: Oct 2011
Location: Holly Springs NC
Posts: 14,373
Received 1,609 Likes on 1,037 Posts
St. Jude Donor '16-'17,'22,'24

Default

I wouldn't let multiple owners of a Corvette stop me from buying a used Vette. No matter how many owners, one or five, get a copy of the VIS report from a GM dealer, preferably Chevrolet and have a mechanic or service writer go over it with you even if you have to pay for it. If the car has had no problems, use the three owner fact as a bargaining chip. If the VIS report indicates multiple problems or a major failure that you're uncomfortable with, don't buy it. It's just that simple.
My C5 was purchased with four previous owners and now it's on #6, so what. These cars are toys for many of us. Some like to change their toys frequently. It's no big deal with a Corvette. If this was a Chevy Cruze I'd say run away, but with a Corvette, no big deal.
Old 03-04-2018, 08:58 AM
  #12  
Kevin A Jones
Race Director
 
Kevin A Jones's Avatar
 
Member Since: Apr 2017
Location: Virginia
Posts: 12,863
Received 11,683 Likes on 5,589 Posts
Default

Originally Posted by thill444
Find out if they were actually owners or just the title changing hands as it went through auction, etc. Carfax can be misleading sometimes if you don't dig not the details.
I agree, as it's certainly not like Carfax doesn't make many mistakes.

Originally Posted by roadbike56
I wouldn't let multiple owners of a Corvette stop me from buying a used Vette. No matter how many owners, one or five, get a copy of the VIS report from a GM dealer, preferably Chevrolet and have a mechanic or service writer go over it with you even if you have to pay for it. If the car has had no problems, use the three owner fact as a bargaining chip. If the VIS report indicates multiple problems or a major failure that you're uncomfortable with, don't buy it. It's just that simple.
My C5 was purchased with four previous owners and now it's on #6, so what. These cars are toys for many of us. Some like to change their toys frequently. It's no big deal with a Corvette. If this was a Chevy Cruze I'd say run away, but with a Corvette, no big deal.
I see your point, however it's not so much the quantity of owners but more the frequency of ownership change that will be concerning to some and with good reason.
Yes, Corvettes are toys to some to be discarded on a whim, however (3) owners in just 16 months is extreme should not only raise a red flag but that red flag should be waving extensively. Again, just too many great C7s at great prices out there to be spending time considering why 3 owners quickly dumped this C7.
Old 03-04-2018, 09:09 AM
  #13  
Vetteman Jack
Administrator

Support Corvetteforum!
 
Vetteman Jack's Avatar
 
Member Since: Mar 2001
Location: In a parallel universe. Currently own 2014 Stingray Coupe.
Posts: 342,892
Received 19,284 Likes on 13,961 Posts
C7 of the Year - Modified Finalist 2021
MO Events Coordinator
St. Jude Co-Organizer
St. Jude Donor '03-'04-'05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16-'17-'18-'19-
'20-'21-'22-'23-'24
NCM Sinkhole Donor
CI 5, 8 & 11 Veteran


Default

Before I would plop the cash down I would want to know a lot more about why so many owners in a short period of time. It may be easily explained, but worth digging into. As said, plenty of one owner C7s out there to choose from.
Old 03-04-2018, 09:17 AM
  #14  
JerryU
E-Ray, 3LZ, ZER, LIFT
Support Corvetteforum!
 
JerryU's Avatar
 
Member Since: Sep 2007
Location: NE South Carolina
Posts: 29,483
Received 9,619 Likes on 6,625 Posts

Default

Originally Posted by PobreWey
[IMG]
Ask the seller for the reason and if they know why the other sold it. Take it for a test drive. Lots of reasons... could of traded for a manual, z06, different color Vette, different car and also could have issues GM wouldn't fix to look at it from a negative side. Another idea... hire Columbo
Columbo could use a new car!
The following 3 users liked this post by JerryU:
ElGreco53 (03-04-2018), frankb (03-04-2018), PobreWey (03-04-2018)
Old 03-04-2018, 10:00 AM
  #15  
proexpert
Melting Slicks
 
proexpert's Avatar
 
Member Since: Apr 2002
Location: Harrisburg PA
Posts: 3,142
Received 384 Likes on 237 Posts

Default

3 owners, 3 reasons, all spelled the same, "wife"
The following 3 users liked this post by proexpert:
bgspot (03-06-2018), frankb (03-04-2018), Mike Mercury (03-04-2018)
Old 03-04-2018, 10:50 AM
  #16  
Corgidog1
Le Mans Master
 
Corgidog1's Avatar
 
Member Since: Dec 2012
Location: New Jersey
Posts: 6,442
Received 2,523 Likes on 1,482 Posts

Default

Too many fish in the corvette sea to be concerned with one that could have issues.
Old 03-04-2018, 11:17 AM
  #17  
Landru
Race Director

 
Landru's Avatar
 
Member Since: Dec 2002
Location: Wayne Township WI
Posts: 10,239
Received 1,047 Likes on 821 Posts

Default

Originally Posted by Ed Ramberger
1st owner had a torque convertor failure, 2nd had a warble, 3rd will get to do the convertor again and maybe the 4th will get a diff for the uncured warble...
For those reasons alone forget Carfax, demand a GMVIS & read that very carefully.

While rational reasons explaining frequent turnover are stated, above?
Might be owners fed-up w/ the weirdness dealer(s) c/wouldn't fix, too.

On this one story's in a GMVIS, or not.

Get notified of new replies

To 3 owners since Nov 2016

Old 03-04-2018, 12:03 PM
  #18  
roadbike56
Race Director
Support Corvetteforum!
 
roadbike56's Avatar
 
Member Since: Oct 2011
Location: Holly Springs NC
Posts: 14,373
Received 1,609 Likes on 1,037 Posts
St. Jude Donor '16-'17,'22,'24

Default

OP,
Curiosity or my investigator/auditor background got the better of me so I looked up the Carfax and read it carefully. Carfax does a terrible job of filtering out dealer transactions that result in the car being registered. Autocheck is better at this than Carfax. The second "Owner" "Owned" this vette for 1 month. It looks to me like this was a dealer transaction that resulted in issuance of a new registration. Either that or someone purchased the car, it was registered in Arizona, then their financing fell through or for some reason they cancelled the purchase. This is exactly what happened with my C5 before I bought it. Someone "owned" it, but actually never took possession because their financing fell through. According to Carfax, they "owned" it for a few weeks, then I bought it. Autocheck recognized this was not an owner and did not record it. That's why sometimes there is a difference between the two reports with regard to the number of owners. I didn't check Autocheck for this Corvette, but you should to see if it agrees with Carfax.
At any rate, this is really a two owner car, not a three owner car. Still, I wouldn't buy it without a thorough inspection by a Corvette dealer and a complete review of the VIS report. Of greater concern to me was the two real owners, only kept the car for a few months. I can see one owner changing their mind and selling it quickly, but two in a row, is a little concerning.

Last edited by roadbike56; 03-04-2018 at 12:06 PM.
The following users liked this post:
Rebel Yell (03-04-2018)
Old 03-04-2018, 12:40 PM
  #19  
davepl
Le Mans Master
 
davepl's Avatar
 
Member Since: May 2000
Location: Redmond WA
Posts: 8,727
Received 1,500 Likes on 987 Posts

Default

I don't see anything that causes me great concern. Door latch and a speaker replaced. No major repairs.

Last edited by davepl; 03-04-2018 at 12:42 PM.
Old 03-04-2018, 01:32 PM
  #20  
cor28vettes
Race Director

 
cor28vettes's Avatar
 
Member Since: Sep 2006
Location: (S) Walton County NW FL
Posts: 10,712
Received 1,100 Likes on 853 Posts

Default

Originally Posted by DAVE396LT1
Any GM dealer can print out the service history. Whether they will if the car is elsewhere I have no idea, probably not. You could post the VIN here and magic could happen.



Quick Reply: 3 owners since Nov 2016



All times are GMT -4. The time now is 10:29 PM.