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Transmission problem! - Keep or Sell - HELP!

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Old Jun 23, 2023 | 02:40 PM
  #41  
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Does anyone think the car may lose value because a major component failed? Would you tell the buyer about this when selling the car or just keep that info to yourself?
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Old Jun 23, 2023 | 03:25 PM
  #42  
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Originally Posted by Sportsman2003
Does anyone think the car may lose value because a major component failed? Would you tell the buyer about this when selling the car or just keep that info to yourself?
Telling potential buyers would be the RIGHT thing to do.

If someone looking asks you if you ever had any problems with the car are you going to lie?
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Old Jun 23, 2023 | 04:01 PM
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Originally Posted by dvilin
I would let the dealer replace the transmission, drive it and enjoy it. It will still be under warranty. I do not think you would come out financially on the positive side if you trade or sell it.
a new transmission seems to be the best route to take - then enjoy the car. There is no guarantee that a new C8 would not have problems, as is the case with any new or used car.
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Old Jun 23, 2023 | 08:37 PM
  #44  
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Originally Posted by Vega$Vette
Telling potential buyers would be the RIGHT thing to do.

If someone looking asks you if you ever had any problems with the car are you going to lie?
it’s not what he’s asking..
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Old Jun 23, 2023 | 09:03 PM
  #45  
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I would keep your current car. Who wants to pay sales tax twice? Either new transmission could fail.
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Old Jun 23, 2023 | 10:48 PM
  #46  
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^^^ correct. and that was my point.
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Old Jun 23, 2023 | 11:10 PM
  #47  
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Originally Posted by AORoads
^^^ correct. and that was my point.
that’s one way to look at it. The other way is to ask yourself:!would I buy a corvette that had its transmission changed?? I may be paying sales tax twice but statistically the second car should be fine. And one day I’ll be selling a car that is “whole”.

and trust me: if I buy a second car and same thing happens to it, you better believe it I’m suing GM….
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Old Jun 24, 2023 | 12:35 AM
  #48  
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I'm sorry, but I don't see how "we" can possibly answer for you. Everyone's situation is different, at least their emotional responses to such situations; and that's often controls their choices. All the best in any event.
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Old Jun 24, 2023 | 05:43 AM
  #49  
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Originally Posted by Walter Raulerson
Sure does look like the C8 transmissions are having lots of problems after 4 years
How has the transmission been on your C8 Walter? Have you had any issues?
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Old Jun 24, 2023 | 06:28 AM
  #50  
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Originally Posted by Mark9
If the car you have now is optioned the way you want, get if fixed and drive it. No reason to believe that a new C8 will be any different in the risk of a transmission issue. You'll be spending a lot more money in the end if you fix and sell vs just fixing it and keeping it. My .02
Well stated, get the car repaired & go out & enjoy it
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Old Jun 24, 2023 | 06:55 AM
  #51  
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Originally Posted by Cbitsakt
Hello Everyone!

I have a major conundrum, and I would like as many people s opinions as possible!

Last year, I put an order for a C8 Corvette, 2LT coupe at two different dealers in New Jersey. After a 14 month wait, I got my car from one of the dealers. That was a month ago. Was absolutely loving it!

Now for the bad news:

after driving around for less than a month, 760 miles later, my check engine light came on as the car was down shifting very weirdly. Long story short, after taking it to the dealer, the car needs a new transmission! As much as I understand that transmissions have been a problem for.corvettes, for whatever reason, it still sucks having spent so much money for a top-of-the-line sports car and this still happens to you.

Everyone I have asked has reassured me that the transmission will be a brand new, original GM part and when I get the car back, it will be as good as new! But is this truly the case? If a problem of that magnitude happens so soon, could this be indicative of more engine problems coming down the pike?

Now here’s the twist:

for various reasons, I have still not canceled the order with the other dealership and I think my turn should be coming up soon…

So here’s the question:

is it worth placing an order for a new Corvette and privately sell mine after it’s been fixed?

Here are the caveats:

If I go that route, I will definitely need to sell my car first, pay off my current auto loan, before I purchase the new car. I can’t get two separate auto loans that would overlap.

On the flipside, I would hate to sell my car too quickly, and then waste the whole summer, waiting for the new one… We all know how this can go.

finally, if the new car arrives at the dealer and I have failed to sell mine, I would have to kindly refuse to pick up the new vehicle. I can do that, right? Would that put my deposit with the second dealer in jeopardy? Can they be as**holes about it because I walked away from the order and now they’re stuck with the vehicle?

or is this all a big hassle and I should just stick with my fixed car with its new transmission? (At the end of the day, who knows what the new car will be like, right? )

And how about its resale price? Would having changed the transmission affect it??

Thanks so much to everyone taking the time…..
Originally Posted by AORoads
to me, it isn't a case of a new car vs. a repaired new car (it IS a new car at 700 miles and it IS being repaired by warranty). the first post after yours sez how do you know that a car made within what? two months of yours won't have the same problem? answer: you don't. it may.

it boils down to this: either keep your repaired car and drive it until something breaks, like your trans again. or, sell it because you think it'll get you more than you paid for it---not trade it becuz you will lose money on it. and sell it as soon as you get it back from being repaired.

then decide if you really want that other new car, assuming your turn hasn't come up just yet. if your turn has come up, ask to postpone it, but I doubt the second dealer will put you at the front of the line; you may go to the back of the line.

you do what you want tho. ti's your money to spend. but don't take all the "things will turn out great" advice you read. no one is going to put up a bond for if they're wrong, you get the sum in the bond. they don't do that for investors in hedge funds either.
Originally Posted by cryptokitty311
I would keep your current car. Who wants to pay sales tax twice? Either new transmission could fail.
Originally Posted by Cbitsakt
that’s one way to look at it. The other way is to ask yourself:!would I buy a corvette that had its transmission changed?? I may be paying sales tax twice but statistically the second car should be fine. And one day I’ll be selling a car that is “whole”.

and trust me: if I buy a second car and same thing happens to it, you better believe it I’m suing GM….
I was especially agreeing w. crypto's last sentence, but I actually agree with all of them---so you don't mind paying sales tax twice? OK. But really, you do.

Sounds like you asked the questions, got about 46 responses that "run the range" and still want to go on discussing it. Looks like even tho you ASKED the right questions, you have a FIXED idea of what you want to do.

I'll say then, go in peace and do what you wanna do! It's that simple. One, or a combo of the answers are somewhere in this 46 +/- responses for what you are going to do..

Your money, as I said, your choice. Remember what else I said: NO ONE is going to bond over their opinion for you to collect on IF they are wrong, and you followed their advice. Not even me. So don't come back complaining and expecting sympathy if you take the gambler's choice, roll the dice and it becomes very expensive. To you.

It's only my opinion, but you got some very good advice here. Take it, or leave it. And as to suing GM, no comment.
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Old Jun 24, 2023 | 07:21 AM
  #52  
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Originally Posted by AORoads
I was especially agreeing w. crypto's last sentence, but I actually agree with all of them---so you don't mind paying sales tax twice? OK. But really, you do.

Sounds like you asked the questions, got about 46 responses that "run the range" and still want to go on discussing it. Looks like even tho you ASKED the right questions, you have a FIXED idea of what you want to do.

I'll say then, go in peace and do what you wanna do! It's that simple. One, or a combo of the answers are somewhere in this 46 +/- responses for what you are going to do..

Your money, as I said, your choice. Remember what else I said: NO ONE is going to bond over their opinion for you to collect on IF they are wrong, and you followed their advice. Not even me. So don't come back complaining and expecting sympathy if you take the gambler's choice, roll the dice and it becomes very expensive. To you.

It's only my opinion, but you got some very good advice here. Take it, or leave it. And as to suing GM, no comment.
First off, I’m not holding anyone responsible for anything. When and where did I give the impression that if what I end up doing doesn’t pan out for me, I will come back to “haunt” anyone that suggested it!!?! I’m asking for opinions! Aka, subjective positions! The reason I did it is to see if, someone with more experience on the matter than myself, will suggest something that I have not already considered. I do not care to reference how many of the “46+/- responses” achieved that as it s not the point…But maybe that’s why I’m continuing to discuss it..

The questions I posed are legit. And both have their pros and cons. Which is EXACTLY why I got responses that “run the range”, as you put it. But, by definition, when you receive such variable responses, it WILL trigger discussion! So when I respond to someone s quote with an opposing stance, is to play devil s advocate and push the debate forward! Not because I have a “FIXED” idea of what I want to do! If I did, I wouldn’t give two f*cks to waste my time writing in a forum, right? Think about it.

And yes, you are correct stating that, ultimately, my money-my decision. But that’s the easy and obvious part…

Last edited by Cbitsakt; Jun 24, 2023 at 08:29 AM.
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Old Jun 24, 2023 | 06:49 PM
  #53  
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MY TRANSMISSION went last year on my 22 corvette and dealer had same color coming in so he gave it to me at no cost no tax zip and it was 23 but it did not have good seats or mag ride i was damm happy and lucky
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Old Jun 24, 2023 | 08:34 PM
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Originally Posted by FredMo67
MY TRANSMISSION went last year on my 22 corvette and dealer had same color coming in so he gave it to me at no cost no tax zip and it was 23 but it did not have good seats or mag ride i was damm happy and lucky
sounds nice but problem is my second order is same sealer chain but different site. Not sure if it matters..

also, how long did you have your 22 for and they took it back? And how long did you have to wait for? Did they fix your old one and give it back to you in the interim?
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Old Jun 24, 2023 | 09:21 PM
  #55  
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Originally Posted by FredMo67
MY TRANSMISSION went last year on my 22 corvette and dealer had same color coming in so he gave it to me at no cost no tax zip and it was 23 but it did not have good seats or mag ride i was damm happy and lucky
I wasn't aware that the C8 came with any bad seats.
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Old Jun 24, 2023 | 10:23 PM
  #56  
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dear moderator,
Can this be made into a sticky?
it Would be sad or interesting to see how many of us have tranny problems.
maybe it would help us to understand what needs to be done to our cars to repair. We can share solutions.
thanks,
robin
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Old Jun 24, 2023 | 10:33 PM
  #57  
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Keep it until the warranty runs out. Nothing says the brand new car won't have the same transmission issue as they're pretty common.
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Old Jun 24, 2023 | 11:24 PM
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Originally Posted by Frank4202
Keep it until the warranty runs out. Nothing says the brand new car won't have the same transmission issue as they're pretty common.
true. But do you think I’ll have trouble if and when I decide to sell it?
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Old Jun 25, 2023 | 12:51 AM
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Originally Posted by Cbitsakt
true. But do you think I’ll have trouble if and when I decide to sell it?

No, its a common problem that many C8s have. Its kinda like the C6 and the LS7 issue.
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Old Jun 25, 2023 | 01:13 AM
  #60  
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Originally Posted by SMOKN C8
This is the path you should seek
I would look at the interest costs first they probably running higher now as to when he got his first car plus the cars price is going to
higher. I would likely keep the car he has and if it needs another tranny.. You could maybe lemon law out and get one that way. Plus the old loan will pay off quicker.



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