10-06-2015, 10:26 AM | #1 |
Key Recall and Resale Value
I denied getting the recall done on my key. I love the switchblade. I plan on selling my car next spring/summer and was curious how this would effect my resale value to the average buyer. Maybe not the resale as much as turning buyers off.
To people who really know Camaros I do not think it will be a problem. To the everyday person they might pull the Carfax and see a recall was not done and whatever i say wont matter and they will not want to deal with it. Has this been an issue for anyone? Should I just get the key done before I sell the car? Does it even matter?
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10-06-2015, 10:29 AM | #2 |
Drives: 2011 Camaro 2SS/RS Convertible and: Join Date: May 2014
Location: Central Texas
Posts: 1,863
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I like the switchblade also (I also have it on my Audi). Don't change it if you don't want. It won't affect resale either way. You already have plans on selling the car this far in advance?
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Currently in my Garage: 2011 Camaro 2SS/RS Convertible | 1980 Corvette Stingray | 1981 Firebird | 1968 El Camino | 2007 Crown Vic Police Interceptor | 2001 Silverado | 2001 Blazer | 1965 Chevy C-10 | 2007 Harley Softail Custom | 2013 MX-5 in Copper Red Mica | 2000 Corvette Convertible | 2010 Corvette Grand Sport | 2006 Audi A3 Turbo | 2008 BMW 328i |
10-06-2015, 10:33 AM | #3 |
Yes. This may start another discussion that I could use some help on. I live in a townhouse. I want a detached home. I plan on selling my home early next year. When I go get my loan for my new house I want my debt to income ratio low. I do not want a car payment on my credit when I buy the house so I can get more house. Im not sure this is good logic. It seems right though lol
Ill go for another Camaro later. I want a house now.
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10-06-2015, 10:41 AM | #4 |
Drives: 2013 VR 2SS RS Join Date: Sep 2012
Location: Kansas
Posts: 619
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My parents sold their 1969 SS Camaro Vert when I was a kid to help pay for their house. I'd like to have that car back.
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10-06-2015, 10:54 AM | #5 |
Drives: 2013 Camaro Dusk 2SS/6 Join Date: Sep 2013
Location: New Jersey
Posts: 1,586
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kinda related... there are some older Ruger revolvers that had recalls years ago to fix a safety issue. The guns are worth more if it's original and never "repaired".
but for our cars no difference in value. plus you could always make a new switchblade easy enough. |
10-06-2015, 11:02 AM | #6 |
Drives: 2017 Mosaic Bk ZL1 M6 Join Date: Jul 2009
Location: South of Raleigh, NC
Posts: 9,487
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Shouldn't matter. The new owner can have it done if they want. Won't cost them anything.
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10-06-2015, 11:10 AM | #7 |
Drives: 2015 2LT RS Join Date: Feb 2015
Location: Wisconsin
Posts: 247
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Depends on more of what you owe on the car than the car payment. And, if you bought new, the car should be close to paid off, so it should not have much bearing on how much house you can get, unless your credit is bad, and in that case, it wouldn't matter how much you owe or what your payments are. I would speak to your lender before you sell the Camaro.
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It is what it is!
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10-06-2015, 11:12 AM | #8 |
Drives: 2011 Camaro 2SS/RS Convertible and: Join Date: May 2014
Location: Central Texas
Posts: 1,863
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Biggest mistake I have seen people make in buying a house is in wanting "to get the most that they can get." NEVER buy at the highest price you are approved for... unless you have an independent income source other than employment. Always consider that in a worst case situation, jobless, you will still have to make that monthly house payment (and property tax, and insurance).
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Currently in my Garage: 2011 Camaro 2SS/RS Convertible | 1980 Corvette Stingray | 1981 Firebird | 1968 El Camino | 2007 Crown Vic Police Interceptor | 2001 Silverado | 2001 Blazer | 1965 Chevy C-10 | 2007 Harley Softail Custom | 2013 MX-5 in Copper Red Mica | 2000 Corvette Convertible | 2010 Corvette Grand Sport | 2006 Audi A3 Turbo | 2008 BMW 328i |
10-06-2015, 11:16 AM | #9 | |
Drives: 2013 1LE Join Date: Feb 2012
Location: DMV
Posts: 1,548
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Quote:
Now that I have threadjacked you, I will say I doubt the recall will matter. its not a significant part.
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It's a Dingledarm. It's there to dampen side fumbling. If your marzelvanes fumble too much they can cause total protonic reversal. It gets ugly from there. This is really the biggest problem with the new Camaro. That and the tri-pronged blivot.
Delivered 21 Jan 2013 |
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10-06-2015, 11:45 AM | #10 |
Drives: 2014 Red Hot LS3 Join Date: Oct 2014
Location: SF Bay Area, CA
Posts: 4,266
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What size wheels are those?
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10-06-2015, 11:52 AM | #11 | |
Drives: 2012 2SS/RS Convertible Join Date: Aug 2012
Location: SoCal Baby...
Posts: 2,530
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Quote:
It is understood that people need a car, as long as the MSRP of your vehicle is 50% or less of your annual gross income, banks don't care. if you make $50K a year and own a $50K or more expensive car you may have an issue. if you make $50K a year and drive a $25K car, it won't even be looked at. and if you have more than 20% down payment it's considered even less. When I bought my home in 2012 I put down 66% on it. the MSRP of my Camaro is 3 months gross pay, and I had zero credit card debt, my credit report wasn't even considered and I was told that by the loan officer I could have had a credit score of 500 and still got the home at the rate I did.
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I'm only responsible for what I say, not for what you fail to understand.
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10-07-2015, 05:52 AM | #12 |
Master of All Things
Drives: '20 Corvette Stingray Join Date: Jul 2009
Location: Southeast of Houston, Texas
Posts: 22,372
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It will make ZERO difference. I traded mine in about 7 months ago AT a chevy dealer.....
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10-07-2015, 06:28 AM | #13 |
Drives: 2013 Camaro 2SS RS 1LE Join Date: Jun 2013
Location: SoCal
Posts: 297
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If you have 2 key fobs, why not take 1 to the dealer and have the recall done to it? Tell them you misplaced the other fob. That way when you sell, you can offer the buyer 1 of each and let him decide which he prefers.
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10-07-2015, 06:31 AM | #14 |
Drives: 2017 Mosaic Bk ZL1 M6 Join Date: Jul 2009
Location: South of Raleigh, NC
Posts: 9,487
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This isn't even a govt mandated recall. It's between you and GM. My dealer just handed me the 2 keys and sent me on my way.
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