07-29-2022, 06:03 PM | #948 | |
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Really no different than when BMW changed their CPO limited warranty policy back in 2014. CPO vehicles sold to "non-authorized" dealers the CPO warranty became void. All they had to do was change the wording in the warranty documents. |
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07-29-2022, 06:26 PM | #949 | |
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They might be able ot limit some warranty impacts and a few others but I agree there is likely to be a lawsuit on this if they try and toss the warranty all together - hard to see how it would hold up in court. |
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07-29-2022, 06:31 PM | #950 | |
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If any brand wants to change their limited new car warranties to original owner only, they can do that legally. As long as its clearly stated in warranty policy when buying the car. Might not be good for business, but it is well within their rights. No different than BMW putting stipulations in limited warranty about tuning your ecu. Owners on this very forum have had their cars flagged and warranty denied. Wording about modifying your vehicle is clearly stated in the warranty. Last edited by M3WC; 07-29-2022 at 06:37 PM.. |
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07-29-2022, 06:55 PM | #951 |
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Sorry but I think you are wrong. Consumer protections exist for a reason. Is Apple going to start voiding warranties for people who sell their iPhones after a month? Why does every manufacturer offer a minimum of a 3 year warranty? I have never heard of a 1 or 2 year warranty for any new car. If companies start doing this more states will add new laws to prevent this from happening, I guarantee it. All it does it allow the manufacturer to absolve themselves of the money they’d normally lose on valid warranty claims.
Modifying your car is very different than selling your car. No manufacturer has ever terminated a warranty for selling your own property as far as I have ever heard of. I don’t know why some people are cheerleading this. You want car companies to have more control over your own property? Did you not just pay $150k for one of these things? This is such a bad look for GM when they’ve done nothing at all to enforce MSRP pricing. Our dealers can make $100k extra but if you sell your car at a $30k loss in 11 months you’re out of luck. Sorry guys! No more GM for you and your buyer’s warranty is now void. |
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07-29-2022, 08:03 PM | #952 | |
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And even on the aftermarket mods they have to prove that caused it. Granted ECU changes puts you in a tough place but they can’t void your warranty on say the suspension. Anyway the nuances come down to consumer protection laws. My gut says they won’t be able to void the warranty 100% but only the courts will decide that. |
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07-30-2022, 05:52 AM | #953 | |
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You wanna hear something else that's crazy? On the corvette forum, all of them were bitching about the price that i guess they felt the need to state it publicly as if they think GM is reading and they'll care at all about some randoms complaining about a 106k MSRP that they said they're getting off the list. 2 weeks later. NOT A SINGLE person has got off the z06 list, at least within a worthy position. So that means they're full of shit and they're still going to get the car. Another thing that's crazy. Those same people bitching about the price, and the same people whining saying they're getting off the list has just made posts about what their "build" looks like, and they can't wait for GM to accept the worksheet order. Everyone wants this car and this will continue until there's no more production of the car, period. This is what happens when GM releases their first supercar. And the ERAY didn't even come out yet which is going to appeal to a broader audience. And then wait until they announce the ZR1. Gotta love corvettes these days ![]() |
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07-30-2022, 01:22 PM | #954 |
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Lawsuits incoming…
A GM spokesperson gave the following details to Jalopnik: For Corvette Z06 and Escalade-V, if ownership of the vehicle is transferred from the original owner within the first 12 months of delivery, the Bumper-to-Bumper, Powertrain, Sheet Metal, Tire and Accessory coverages will be voided. For HUMMER EV, if ownership of the vehicle is transferred from the original owner within the first 12 months of delivery, the Bumper-to-Bumper, Electric Vehicle Propulsion, Sheet Metal, Tire and Accessory coverages under GM’s New Vehicle Limited Warranty will be voided. The Battery Warranty Coverage will not be affected for HUMMER EV. |
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07-30-2022, 01:38 PM | #955 | |
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There will be exceptions. If you have a policy, you can back off your policy as needed. If you don't have a policy, well then..... |
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07-30-2022, 01:57 PM | #956 | |
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07-30-2022, 02:43 PM | #957 |
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I highly doubt they can ever enforce that.
What happens if someone loses their job? Or someone passes away and needs extra money? They're moving out of state and have no need for a car? They don't want the car anymore for various reasons? Either way all this is making me even more excited about getting mine. I don't want to flip it. I want to bask in the beauty of the car and engineering. And they don't specify stingray models. Which means i can always flip mine since my stingray will come before the z06 lol I'll probably use the stingray for a year, and sell it and pocket 15-25k. Maybe even more. Gotta love corvettes. |
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07-30-2022, 03:36 PM | #958 | |
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07-30-2022, 03:42 PM | #959 | |
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Referring to the Magnuson-Moss, the Federal Act only requires warranties to be written in clear and easy-to-understand language and terms. If GM writes their Limited Warranties in "clear and easy-to-understand language and terms", it will be rock solid. You may not like what they are doing, but it is completely legal. |
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07-30-2022, 03:50 PM | #960 | |
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Also "authorized" dealer does not always mean only GM dealers. As of last year GM stopped leasee from being able to sell their leased GM vehicles to third parties. But you can still technically sell it to other brand dealers as long as they have GM dealer in their network...like Autonation, Sonic, Penske, etc. There is many options for people in situations like you mentioned. If customer is not comfortable with the terms of the limited warranties, they can also not purchase the vehicle. |
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07-30-2022, 04:56 PM | #961 | ||
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GM has power over leased cars because they own the car, not the person leasing it. Quote:
Removing the warranty from any consumer good based on the transfer of property seems extremely bad as other manufactures are more likely to follow if GM prevails. Next thing you know every used car will have no warranty if it's not purchased CPO from a dealer. Does that sound like a good thing for anyone except the dealer? Because that's a very realistic implication if GM wins. If there is no used market for the car because it has no warranty, that means dealers can pump up the price of new cars and CPO cars even more since they will have no competition. Something that is intended to "help" the consumer attain a car affordably is creating a scenario that does the exact opposite. |
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07-31-2022, 02:51 PM | #962 | |||
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There is simply zero laws requiring businesses to write their Limited warranties in any certain way, except for being "a single, clear, and easy-to-read document" provided at the time of purchase. Quote:
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08-01-2022, 08:41 PM | #968 |
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