GM Buyback-I have never heard of this!
03-09-2018, 07:54 PM
#1
Racer
Thread Starter
GM Buyback-I have never heard of this!
I have an employee who bought a 2014 stingray. In the 4 years he has owned it he put less than 10,000 miles on the car. After 3 months of ownership he brought the car in for a recall repair. At various times since then he had battery issues, due to his not having the car on a battery tender. Three months ago his DIC went blank. He still had the heads up display but nothing else.
Since the car was out of warranty they wanted to charge him for the repair. He complained and the dealership told him to call GM. He did and after talking with them for a couple of months, GM agreed to buy back the car. He paid 76k before tax and license and they cut him a check for 72+k. I saw the check.
Unbelievable!!!
Has anyone ever heard of this?
Since the car was out of warranty they wanted to charge him for the repair. He complained and the dealership told him to call GM. He did and after talking with them for a couple of months, GM agreed to buy back the car. He paid 76k before tax and license and they cut him a check for 72+k. I saw the check.
Unbelievable!!!
Has anyone ever heard of this?
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Nitro C7 (03-13-2018)
03-09-2018, 08:34 PM
#3
Le Mans Master
Member Since: Sep 2012
Location: Hagerstown MD
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St. Jude Donor '15-'16,'18
Wow! Is his last name Barra?
03-09-2018, 09:58 PM
#4
Racer
Thread Starter
03-09-2018, 09:59 PM
#5
Racer
Thread Starter
03-09-2018, 10:17 PM
#6
Melting Slicks
Many states have “Lemon Law’s” that force manufacturers to buy back cars that have problems. There are usually repeated issues that prevent the customer from using the car nn days over nn months. I know of a Corvette owner here in Mississippi that had a C6 that was bought back and then he purchased a C6 GS to replace it and has had no issues.
03-09-2018, 10:27 PM
#7
Racer
Thread Starter
Many states have “Lemon Law’s” that force manufacturers to buy back cars that have problems. There are usually repeated issues that prevent the customer from using the car nn days over nn months. I know of a Corvette owner here in Mississippi that had a C6 that was bought back and then he purchased a C6 GS to replace it and has had no issues.
03-10-2018, 03:49 AM
#9
Melting Slicks
Yes, but you likely won't get the full story from GM's point of view.
A similar example: Years ago my wife's minivan had a huge crack develop in the front pillar sheet metal where the driver's door hinges attached. It made for very weird electrical problems as the door was moving around and intermittently contacting the door switch. We had a guy who does custom body work weld in a gusset and repaint, a really beautiful job (and cheap!). Happened to show to my wife's cousin who is a body design engineer for the van's manufacturer, and he endorsed the high quality of the repair but said he was upset that we'd had it done. He would have been happy to buy back the van from us before the repair so that his group could have diagnosed the problem and prevented it as an issue going forward. He said this wouldn't have been unique.
That Chevy wanted to do something similar with this Corvette and its problems is entirely possible.
A similar example: Years ago my wife's minivan had a huge crack develop in the front pillar sheet metal where the driver's door hinges attached. It made for very weird electrical problems as the door was moving around and intermittently contacting the door switch. We had a guy who does custom body work weld in a gusset and repaint, a really beautiful job (and cheap!). Happened to show to my wife's cousin who is a body design engineer for the van's manufacturer, and he endorsed the high quality of the repair but said he was upset that we'd had it done. He would have been happy to buy back the van from us before the repair so that his group could have diagnosed the problem and prevented it as an issue going forward. He said this wouldn't have been unique.
That Chevy wanted to do something similar with this Corvette and its problems is entirely possible.
03-10-2018, 09:04 AM
#11
Race Director
Member Since: Oct 2011
Location: Holly Springs NC
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St. Jude Donor '16-'17,'22,'24
I have an employee who bought a 2014 stingray. In the 4 years he has owned it he put less than 10,000 miles on the car. After 3 months of ownership he brought the car in for a recall repair. At various times since then he had battery issues, due to his not having the car on a battery tender. Three months ago his DIC went blank. He still had the heads up display but nothing else.
Since the car was out of warranty they wanted to charge him for the repair. He complained and the dealership told him to call GM. He did and after talking with them for a couple of months, GM agreed to buy back the car. He paid 76k before tax and license and they cut him a check for 72+k. I saw the check.
Unbelievable!!!
Has anyone ever heard of this?
Since the car was out of warranty they wanted to charge him for the repair. He complained and the dealership told him to call GM. He did and after talking with them for a couple of months, GM agreed to buy back the car. He paid 76k before tax and license and they cut him a check for 72+k. I saw the check.
Unbelievable!!!
Has anyone ever heard of this?
03-10-2018, 03:35 PM
#13
Racer
Thread Starter
MS-13, out.
Like some of you said, there must be something about this specific vehicle that they wanted back. And I bet that it is being sent to Detroit. Other than a recall, his only real problem is the blank DIC. He is a lucky guy.
Like some of you said, there must be something about this specific vehicle that they wanted back. And I bet that it is being sent to Detroit. Other than a recall, his only real problem is the blank DIC. He is a lucky guy.
03-10-2018, 03:56 PM
#14
Race Director
03-10-2018, 04:17 PM
#15
Race Director
Never ever heard of GM doing something like this. Did I say, ever?
Not that it w/couldn't, just not heard of it after orig B2B ran out anyway.
In any event and for whatever reason(s) he got a pretty sweet deal IMO.
No time to look a gift horse in the mouth, run cash that check!
Unbelievable. That it happened, and his luck.
Not that it w/couldn't, just not heard of it after orig B2B ran out anyway.
In any event and for whatever reason(s) he got a pretty sweet deal IMO.
No time to look a gift horse in the mouth, run cash that check!
Unbelievable. That it happened, and his luck.
03-10-2018, 04:47 PM
#16
Anything is possible. Show us ALL the correspondence and check from General Motors. Believe half of what you see, and none of which you hear or read, in this case.
03-10-2018, 05:05 PM
#17
Im on day 116 or 117 without my car that they can't fix. Their just telling me "We're really sorry, but there's nothing we can do" Including Mary and her "Executive Referral " squad. 
03-10-2018, 05:41 PM
#18
Team Owner
Member Since: Sep 2000
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St. Jude Donor '13
If your car falls under the Lemon Law standards for your state, it doesn't matter whether they can fix it. Contact a lemon law lawyer, take the money and run. Get a new one if you wish.
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Landru (03-11-2018)
03-10-2018, 07:02 PM
#19
Racer
Thread Starter
Never ever heard of GM doing something like this. Did I say, ever?
Not that it w/couldn't, just not heard of it after orig B2B ran out anyway.
In any event and for whatever reason(s) he got a pretty sweet deal IMO.
No time to look a gift horse in the mouth, run cash that check!
Unbelievable. That it happened, and his luck.
Not that it w/couldn't, just not heard of it after orig B2B ran out anyway.
In any event and for whatever reason(s) he got a pretty sweet deal IMO.
No time to look a gift horse in the mouth, run cash that check!
Unbelievable. That it happened, and his luck.
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Landru (03-11-2018)
03-10-2018, 07:05 PM
#20
Racer
Thread Starter
He texted me a picture of the check when he dropped the car off yesterday. From GM PO Box 62530 Phoenix. Bank was JP Morgan Chase for $72,255.69. I really do not care if you believe me or not, it happened.