2023 C8 Corvette Time To Sell This Thing Before…
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- Опубліковано 17 тра 2024
- 2023 C8 Corvette Time To Sell This Thing Before… The C8 Corvette was introduced in 2020 and has seen its share of issues. It’s an amazing car, but I might just have to let it go. Let’s take a ride and I’ll tell you all about it.
If you have a reservation with Ciocca Corvette, formally Kerbeck Corvette in Atlantic City New Jersey, which is arguably the largest volume Corvette dealer in the world, be patient. Your car will get here. #2023C8 #C8Corvette #C8Corvettez06
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My 2023 HTC was delivered last September and I have to admit I'm a bit nervous about the transmission as well. Apparently an unknown number of late 2023 - early 2024 cars will be recalled to replace the transmissions due to improperly torqued part(s). Although they will be replaced under warrantee I'm very uncomfortable with a local mechanic completing such an invasive procedure. Just standing by hoping I don't get that letter from GM in the mail. As for resale I don't see that as an issue as resale value & the negotiated purchase price of a new Vette are usually in sync with supply / demand. I don't really care about resale though I purchased the car to enjoy and that I will regardless.
If you think like this then you dont love the car and you should sell it. I bought a 2021 2ss 1le A10.. i love that car!! If the transmission goes out i will fix it no matter what it costs! Dont buy a performance car if your gonna be worried about the reliabilty..just sell the Vette and go buy a Tesla then all you will have to worry about is your battery life..
Appreciate your honesty 👍🏾.
@@AskGriff1 i understand your concerns i did the same thing once, i bought a 2003 acura Cl type S.. loved the car but everyone that who knew about them said get rid of it because the transmissions are junk! I kept it for about 3yrs then sold it before the trans went out and regretted it..the guy i sold it to had it for 3 or 4 yrs then he sold it to guy who i know had it atleast 2 yrs, then he sold it to guy who moved to Cali. You just never know whats gonna happen?, thats kind of like life. If you enjoy the car and it makes you smile then it shouldnt matter what happens. Nothing lasts 4ever , but almost anything can be repaired. Its a beautiful car if you do sell it , i wish i could afford it and i would buy from ya. I have sat in a couple but still havent got to ride in or drive one yet, maybe one day. But honestly man..if the car makes you happy and the trans goes out, so what? Just fix it, im assuming that if you can afford a car like this then your doing pretty well for yourself so i dont think a transmission would set you back too much. But like i said i see where your coming from and i really cannot relate , the dealership where i bought my 1le from gave me a lifetime powertrain warranty so as long as i leave it stock its covered for as long as i own the car.(hopefully)! I wasnt trying to be a jerk im my message , i was just saying if you bought the car to enjoy it , then enjoy it. But if you bought it just for an investment and are worried about the value then i say sell it, otherwise..drive the wheels off that thing..nobody will ever buy one the cars ive owned with low miles..i drive mine almost everyday!! Im not worried about resale value..i bought it for me and my enjoyment someone else can have it when im done with it but im gonna get the good out of it first! Lol. Whatever you decide to do i hope it works out for you!
@@cnewell1971 Agreed. The thumbnail was more of an attention grabber. My intentions when I bought the car was to only keep it for 3yrs and then trade up to either a newer model year or go for the Z06 if it was in my price range. The intent of the video was to also get folks to look at the market. What many don’t realize is that the dealerships have begun to offer discounts on the same cars that were once priced $10-30k over MSRP. I’ve seen dealer discounts of up to $8k off for new vehicles. I had dealerships calling me after this video released suggesting that what I was talking about was spot on in terms of keeping an eye on the market and securing good deals. What we discovered was, I missed it by 30 days… Hahaha They all told me the same thing. If you had done this 30 days ago, you would have been golden in trading up. Unfortunately the bottom has fallen out. In good faith, they all said keep the car for now as I already have a great deal. Car has a 5yr 60 on the factory warranty, so should be fine.
I will be shifting my mindset at this point and try not to think of the worse and just enjoy the ride. It’s the best Vette that I’ve ever owned so far and definitely enjoying it.
@@AskGriff1 man!! I get chill bumps just thinking about the new Z06..the dealership where i bought my car got one in but they wouldnt rev it up to 8500rpms or even close pretty much just a idle..being that it only had 6 miles on it..the sticker said like 128k i think..i asked the salesman so i can get this car for that..he said no! And started laughing...dealerships are ripping people off..they told me on my car when i tried to nogiate a deal..he said look i dont want to sound like a jerk but the deal is..either you want it or you dont!.. it was the only 2ss Black A10 in georgia brand new so i said i guess i want it then.. excited to see what the ZR1 is gonna be like! If you do get a Z06 make sure you do a video..i love the sound of those things!!
The transmission has a 5 year 60,000 mile warranty. What systemic issue are you talking about.? You don’t buy a car for its investment value. 🤣
Griff I feel you with the transmission concern. I think we will be good. I drove to bowling green and Louisville last summer from Maryland with my club. I put on I would say 2200 miles. We got into the cars on the way down and back. Never once thought about the transmission or engine. My car is almost a year old with 5800 miles running strong. If it is on your mind you have to go with your gut. Brian
Agreed 👍🏾. Nothing set in stone, just weighing options as there might be some good deals lurking on the 2024s.
I have a 2024 C8 and just hit 1,200 miles. Love it! It is my understanding that the transmission issues have been pretty rare. I did buy an extended warranty since I spent over $90k and I plan to keep the car for many years. I am not one who flips a car every few years.
Nothing wrong with that. 👍🏾
Remember evey c8 does not have these problems mines is 2yrs old no problems
Agreed 👍🏾. Nothing set in stone, just weighing options as there might be some good deals lurking on the 2024s.
Power train warranty is 5 years or 60,000 miles. You’re good!
Yep. Was hoping for a trade up as well since the dealerships are now offering discounts. MM is up to $8,000 off on some units and Ciocca is $5,500.
Griff I totally understand your thinking with the continuing transmission issues. I was on the list at ciocca for 11 months and I got tired of waiting. I pulled a 180 and bought a gt500 instead. It took 13 months to get the call from ciocca that my number finally came up to place my order. Add another 3-4 months on top of that and it would have been 16-17 months waiting. Zero regrets going with the gt500. No issues with the 7 speed dct in it. Tough decision to keep yours or trade it in/sell it and get a 24. But who knows if they will have the issues all sorted out with the dct
Thanks Brother. Congrats on the GT500. That’s a nice pickup. 👍🏾
Brother Griff! Trade it and be in peace ✌🏿
It’s all Good Greg. No deals on Trade-ins at the moment. I’ll sit tight with my 2023 for a bit longer. 👍🏾
what up Griff, i'm in CA just sold my 2023 c8 htc 5k miles, man the market is down 25 to 30% depreciation, I had a fully spec'd car base was 106 and all i could get was 78. Market for base c8 is crumbling and I went to multiple spots to sell it. cheers
I discovered the same. No deals available at the moment. My sales guys all told me I missed it by about 30-45 days. Like I said in my video, you have to watch the markets and I clearly missed out on trading up for a 2024.
It’s funny. All of the dealers that called me all said the same thing… “Griff you were spot on in one of your older videos”. A ton of reservations were left standing as many folks were no longer in a position to get the car at the higher prices and higher interest rates. Kids to put through college and lost jobs with a bad economy all contributed according to my sources. I’m glad I got mine when I did. Looks like I’ll be keeping the 2023 for a little while longer. 👍🏾
You think a used base will hit 40s?
@user-zn9wj3rt5c not anytime soon is my best guess. Griff may have more insights, but the car has to depreciate an additional 50% to get to 40k. I got almost 79k 5k miles. A few years, perhaps, who knows tho.
@@gtrzero2157 Agreed!!! $40k is a Huge stretch!!!
I get it my man. Sold my overheating c8 z51 back to tge dealership for what i paid. Felt lucky to get my money back out if it afte 6,200 miles and 8 months of ownership. My main concern was being left stranded on my way to work. Im an hourly employee that is depended upon. If had to do it over again id def have my hunk of junk flatbed towed to original selling dealership. I miss it occasionally and then i end up seeing 10 or 20 c8's a day. When leaving work i enjoy driving my Z that i dont see at all on the road. Hope you figure it out
Hey Griff, I thought about the same thing. My C8 just hit a year and I was thinking about buying the extended warranty since the warranty prices were increasing by 25% last month. I ended up not extending because the only thing I was worried about was the transmission and I found the power train covers for 5 years 60k miles. So if you are just worried about transmission you should be fine. The other thing you are rolling the dice on is the resale value.
Agreed 👍🏾. Nothing set in stone, just weighing options as there might be some good deals lurking on the 2024s. I’m considering the ERay or Z06 for the long haul. Never intended on keeping the Stingray for too long. 👍🏾
2024s sre selling below MSRP so if you want to buy a new one, now would be a good time. I have a c7 Z06, its manual so im keeping it for now but i will buy a c8 z06 in 2 years or so. Im hopeful that by then the transmission issues would have been resolved
You are correct sir. And because of this, I’ve missed the opportunity that I was trying to share with others. Since they’ve dropped the prices on New inventory (Which they have too much of) they are not offering as much for trading-ins right now. I’ll likely wait a couple of years and try for the Z06 at a lower price. 👍🏾
Just sold my C8 after owning it for 10 months, i only put 8400 miles on it but ZERO problems. I think your systematic problem is in your head but if you're thinking about selling it you better do so sooner rather than later because the values are dropping. I was able to sell my C8 for what I paid for it but I only got that by selling it to a Ford dealership because the chevy dealers were offering $8k less. Just something to think about....
Thanks for this. You may see what I’m talking about if the news drops.
You’re right about the timing which is the exact message that I was trying to convey as well. Was hoping for a trade up by doing exactly what you did, but I found out that the dealerships are now offering discounts. MM is up to $8,000 off on some units and Ciocca is $5,500. I missed the window, but always a smart move to try. I’ve been doing it for the last 5yrs. 👍🏾
I like your perspective on these cars Griff and I know you love that C8. These are all great points to consider especially for someone like me who tends to hold the “weekend” or “fun" car too long. Knowing how to evaluate when to move on from a car (even one you like and enjoy) to maximize your ability to get into the next one, is an important part of the game.
Another intelligent consumer. Thank you sir!!! The car game can be like Chess if you choose for it to be. Many folks choose otherwise and I don’t fault them for that. I choose Chess every time and look to share the knowledge with the car community. I’ve been doing it for years and it’s been working for me just fine. Appreciate the Solid comment 👍🏾.
This guy is full of crap. He must not love the car. I drove a Mazda RX8 for 11 years. That car broke down once a month, that rotary engine was as reliable as a glass wheel. So what! I loved that car so much, even now, 2 cars into the future, in my dreams, I’m still driving my RX8. It was that much fun to drive. It felt like an extension of me, it handled so well. I got to the point that I bought my own scanner for when the engine lights went on. I scanned it myself and went to the dealer and told them what I needed. I paid $5000 to replace the engine, just for the clutch to go less than 2 weeks later for $1900. 7 grand within 2 weeks. If you think you’re going to drive a car that won’t eventually break down then you’re living in a dream.
I'd get an extended warranty. Then see if it's reliable during that time, before making the big decision to keep out of warranty. It's a really nice car I'd give it more of a chance.
It all comes down to having an opportunity to get a new model year (New Color Too) with very little out of pocket and maybe a bit more peace of mind. I’m loving the car otherwise. 👍🏾
There are a lot of used C8 Corvettes out there now
I have a 2023 c8 and put a-lot of money in to it, minus blower or opening up the engine, for cool factor only. It will never see a race track. I do not want to sale mine and am keeping my fingers crossed on the trans. U guys are getting on him becuz chevy “did indeed” put a modern tranny in these w design ISSUES. I keep mine in Z mode and ALWAYS manually shift every gear. I heard that helps eliminate debris. Not sure if its true or not but thats what i do.
Thanks Man. It’s just denial in most cases. When you fall in love with something, it can do no wrong… 🤣 Many of these folks LOVE the car so much that it pains them to hear anything bad about it. I’ve been a Corvette guy since I was 10. It’s my go to when it comes to big boy toys. You can’t shake the truth and I know that ALL C8’s WILL NOT exhibit this issue, but an abundance of them will due to a very real flaw or ISSUE. And I also know for certain that I am not alone when I said I drive the car hoping nothing happens. Since the prices have dropped so much and dealers are offering discounts, it looks like I’ll be in my 2023 for a bit. With that being said, I will have to let go of the bad thoughts and just enjoy the car. Which I do like very much still 👍🏾. Appreciate the Solid comment.
I’m seeing them sell for crumbs at the auctions
Understand your dilemma, i have a 2023. I've only had it 8 months, the only glitch i've has so far was the rearview mirror acted up one night. Shut it off, started it up, haven't had that problem since then. Have't had any transmission issues yet🤞. My intentions with this car was to enjoy it for 7 to 8 years and get rid of it. Keep in mind these cars of today are just computers on 4 wheels. And you know computers get funky when they get old. I'll get the extended warranty at the 2 year mark so i'll be covered. From my understanding those DCT's are around 15k to 17k to replace. Not of my money. Whatever you decide good luck..........Peace
Absolutely Vertis. Enjoy it. Definitely a Hit Fun Car… 👍🏾
Had my 2023 C8 Z51 for 17 months with 11k miles on it. Only glitch I had is the main driver's display (with the speedometer on it) failed to illuminate about 5 months ago after the car sat for about a week. No issues since then. I'll keep it as long as the 5 year/60k mile powertrain warranty is still active then consider trading for a newer C8 or keep it if it's been trouble free up to that point. My dealer/servicers said they replaced 7 DCTs or valve bodies in the last 3 years and affects about less than 5% of C8s. They said the issue was/is impurities/metal shavings in the DCT during the manufacturing/assembly which is why the first DCT filter change at 7500 miles is critical.
Every car made has some kind of problem.If we read up on them we will not buy any of them.I learned years ago from working at the Chrysler plant,never buy the first 2-3 years of a model.People that go out and spend 20-30k$ over MSRP are asking for it.I bought a 24,C-8 march 2nd.I bought the extended warranty good for 6 years.All I can do is hope an pray the engineers at GM can fix this problem real soon.It can be a real bad deal if you buy a used one with O warranty.I do not under stand why they keep making more and more powerful corvettes with these experimental problem transmissions?And they sell the hell out of them!I think you should get rid of your car before the warranty expires to be safe.Think twice before buying another C-8.Your older Corvettes are better cars.I felt bad getting rid of my C-7. I never had any problems with it.i do wonder about this new C-8?I hope I did not make a big mistake as you do.Also we do not know how long GM or any other car com will stay in business? That is a hard fact.
Yessir!!! Appreciate the comment!!! 👍🏾
You can singly crash the C8 car market 😂😂😂
🤣🤣🤣 I’m just a little guy in the grand scheme of things. Folks in the comments think I hate my car. I like the car, it just might be a good opportunity to take advantage of some potential enhancements to that DCT by getting a newer model year 👍🏾.
Get a extended warranty on your car or failing that if you do not love the car you are driving move on to a newer car or just lease the cars if you have that much insecurity about your corvette.😎
I really want the Z06. Between my own concerns, resale values, inventory and opportunity, I may look into the 2024s 👍🏾.
You convinced me not to buy it. Thanks for clearing that up.
It’s a great machine. Just do your due diligence prior to making that big purchase.
For those of you who think I dislike the car, you’re sorely mistaken. I’m just looking to seize an opportunity with some added peace of mind. I would be swapping this one out for a newer model (Another Corvette)… If the opportunity is right, could be a another Stingray or an ERay or Z06. I never intended on keeping this car for more than 3yrs. It was my plan from the very beginning.
If that was your plan, and how you've felt all along .. why the click bait like title of this video?!! ... This mess you're talking is just B.S.! .... If you've never intended to keep the car long time, then why are you supposedly worried about being forced into an unwanted extended warranty?? I wrote about this in a Facebook Group post just today .. that I'm not interested in considering an extended warranty, because I don't see myself wanting to stay in the same car for longer than the factory warranty anyways! I can say this because I have never wanted to keep the same car more than 3 to 5 years! ... So no, .. I don't think you dislike the car, I think you wanted to put up a new video and just couldn't think of anything else to do to satisfy this need! ... "Systemic" ... you ought to be ashamed! 😢
How much are you asking for it??
@@welcometothedollarshow444 Was looking to trade it in for a 24, but they not offering enough. The Big dealers are discounting brand new ones at $5k - $10k off MSRP.
I would look at the situation and using my logic... say it just time to trade/sell her for a 2025 ZR1. Also .... you could have purchased a Tesla Cybertruck, then think of where you would be...
😂😂😂. I think a lot of folks missed the point Joe. When you know, You know… No Cybertruck for me. Not a fan… LOL
You are uncomfortable with something that MAY happen then sell it.
Well said and respectable Sir. Considering a newer model if the opportunity presents itself. Z06 would be the goal, but not sure if I’m ready yet.
Owned a ‘23 C8 Coupe Z51 and put just 3,300 miles on it. Great car! Solid it! Like you Griff, I was always worried about the transmission.
It’s not a fun way to own a vehicle. 😢
@@AskGriff1 Ordered a ‘24 911 GTS Coupe with a seven speed manual so I won’t have to worry about transmission issues. But, the C8 for the price is a killer deal.
@@WFO. NICE!!!!! Congratulations on the order. I’ve never owned one, but it’s a fun beast of a car. 👍🏾
@@AskGriff1 🙏 I’ll share videos once it arrives by the first week of July.
It might just be time Guys!!! 😮
Sell it! This car is not for you!
Griff I’ll give you $35k cash. I’ll take your risk but it’s going to cost you. The cars are fine. Don’t read the blogs. There are 120k stingrays out there. You are hearing from 1/10th of 1%. My offer is a serious one. Take the money buddy. I got you covered. Btw I sold. A low mile M3 for the same reason. I regret it and will never fall for the BS again.
Hahahahaha… In the words of Shark Tank… “And for that reason, I’m out”.
We’ll see man. I’ve always only had plans to keep the car for 2-3 years before considering the next one. Could be an ERay, could be a Z06. Time will tell.
@@AskGriff1 I got you. I sold a new Z06 2 weeks ago to get an ERAY. If you live in a cold weather area the AWD is the best. If I’d have known about the ERAY I would have skipped the Z06. If it’s a 22 I’d keep it. It was the last car well built before they tripled production.
@@AskGriff1 Listen to what you JUST SAID!!! ... Which validates my earlier post 100% !!!!!!!!!!!!!!!!!!! 🤬
You talked too much. I give you 30k cash for your old c8 clunker