for long term ownership (at least 10 years), will the c8 be expensive to own?
10-18-2023, 10:57 AM
#21
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I purchased an extended warranty from Dennis Fitchner the last week of Sept before the October price increase. $1667 for a warranty that will expire in 2030. I’m betting it will pay for itself with the electronics in this car.
By the way, Dennis told me a DCT replacement is $27k.
By the way, Dennis told me a DCT replacement is $27k.
10-18-2023, 11:03 AM
#23
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Compared to any Porsche, for example, no, I don't think it will be expensive down the road. But, compared to prior gen Vettes, I think there is no question it will be pricey.....The lion's share of components on the C8 are not shared with other GM vehicles, to my recollection. So, that ensures a higher cost than in the past, and possibly difficulty acquiring parts for repairs/service....
I went with the ELW extension of the B2B warranty, which takes me out to 5 years/60k miles, bumper to bumper. After that, it's on me. I also agree with others regarding the electronics, and as mentioned, this car is full of them.
We also have a 2022 Macan GTS, that after one year has been absolutely rock solid....my C8, not so much. I have had 2 warranty issues on the C8, one of them major (a minor DCT issue, and for another, they had to pull out the entire interior to access a bad wiring harness). For the Macan, we pre-paid all scheduled maintenance for the first 5 years or 50k miles to guard against service price increases down the road....and boy do they think a lot of their cars....incredibly expensive scheduled service costs....but we went into it with our eyes wide open....No other SUV compares to it, in our opinion, so it's worth the cost to us.
Makes the C8 costs seem trivial......had to pay for my 2nd oil change on the C8 two weeks ago....$195.....please....that's one quart of oil for a Macan (joking, but only a little) :-)
I went with the ELW extension of the B2B warranty, which takes me out to 5 years/60k miles, bumper to bumper. After that, it's on me. I also agree with others regarding the electronics, and as mentioned, this car is full of them.
We also have a 2022 Macan GTS, that after one year has been absolutely rock solid....my C8, not so much. I have had 2 warranty issues on the C8, one of them major (a minor DCT issue, and for another, they had to pull out the entire interior to access a bad wiring harness). For the Macan, we pre-paid all scheduled maintenance for the first 5 years or 50k miles to guard against service price increases down the road....and boy do they think a lot of their cars....incredibly expensive scheduled service costs....but we went into it with our eyes wide open....No other SUV compares to it, in our opinion, so it's worth the cost to us.
Makes the C8 costs seem trivial......had to pay for my 2nd oil change on the C8 two weeks ago....$195.....please....that's one quart of oil for a Macan (joking, but only a little) :-)
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JerriVette (10-18-2023)
10-18-2023, 11:17 AM
#24
The powertrain warranty has some exclusions. They are described in the Warranty Manual. I'm not saying they are or are not a big deal, but its worth being aware of what they are.
https://www.chevrolet.com/bypass/pcf...PrintReady.pdf
https://www.chevrolet.com/bypass/pcf...PrintReady.pdf
10-18-2023, 11:22 AM
#25
Race Director
I bought the 7 year 70k mile GM extended warranty at 32 months and 23k miles.
it’s transferrable to the second owner for $75. I used my GM credit card to pay Todd over at MacMulkin and with all the bonus points I had accumulated I was reimbursed for the cost. (Under 2 grand)
money well spent in my opinion.
good luck
it’s transferrable to the second owner for $75. I used my GM credit card to pay Todd over at MacMulkin and with all the bonus points I had accumulated I was reimbursed for the cost. (Under 2 grand)
money well spent in my opinion.
good luck
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robramz31 (10-23-2023)
10-18-2023, 11:26 AM
#26
My warranty already paid for itself, I had a headlamp assemble replaced...$2,200...
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10-18-2023, 11:31 AM
#27
Le Mans Master
The AC desiccant is required to be replaced at 7 years. I wonder what that will cost. I don't like breaking into a perfectly operating and sealed system in the first place...
10-18-2023, 01:25 PM
#28
How much will it depreciate. I paid 39K for a one year old C6 in 2014 and sold it for 32K in 2022. 8 years for 7 grand is hard to beat.
Huge inflation in the last few years kept the used car market price high.
I bought my C8 new in 2023, I'm sure it won't beat the C6 for cost of ownership.
Who knows what will happen in the next eight years.
It does not matter to me, the C8 is by far the greatest car I have ever owned.
Huge inflation in the last few years kept the used car market price high.
I bought my C8 new in 2023, I'm sure it won't beat the C6 for cost of ownership.
Who knows what will happen in the next eight years.
It does not matter to me, the C8 is by far the greatest car I have ever owned.
If the C9 goes all electric, and there still are enough gasoline powered cars on the road that gasoline availability remains fairly consistent, I would expect the C8 to hold its value pretty well. I think that when the Corvette goes all electric, a lot of Corvette enthusiasts still will want one with an ICE. So far, at least in my humble opinion, the C8 is the epitome of reasonably priced ICE sports cars.
10-18-2023, 01:33 PM
#29
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When I read some of these posts, I wonder how some people ever find the courage to walk outside of their houses. Since they "might" get hurt. If the transmission doesn't break after 5 years and whatever miles you put on it, it isn't going to break. Costs? Have you all forgot that this car is a Chevy?
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10-18-2023, 02:50 PM
#30
Burning Brakes
When I read some of these posts, I wonder how some people ever find the courage to walk outside of their houses. Since they "might" get hurt. If the transmission doesn't break after 5 years and whatever miles you put on it, it isn't going to break. Costs? Have you all forgot that this car is a Chevy?
Last edited by winders; 10-18-2023 at 06:48 PM.
10-18-2023, 05:12 PM
#31
Burning Brakes
64,000 miles on my early build 2020 daily driver.
I have not had a single issue (other nails in my tires).
I can not say the same for my last 3 new corvettes (2005, 2012 and 2014). All of them had warranty issues of some sort. (some worse than others)
This car has been rock solid!
I have driven across country to Vegas for Ron Fellows, been to New Hampshire a couple of times, the museum at bowling green 4 times, drove in a pretty good snow storm, across the desert, in monsoon like Florida rain of course. The car is great! Excellent gas mileage if I keep my foot out of the pedal and fast as hell when needed.
I do all of the recommended maintenance including the transmission fluid change (I think it was around 45,000 miles?) It cost around $1,100 and I think I got an oil change as well at the same time).
I am probably jinxing myself but so far so good!
I have not had a single issue (other nails in my tires).
I can not say the same for my last 3 new corvettes (2005, 2012 and 2014). All of them had warranty issues of some sort. (some worse than others)
This car has been rock solid!
I have driven across country to Vegas for Ron Fellows, been to New Hampshire a couple of times, the museum at bowling green 4 times, drove in a pretty good snow storm, across the desert, in monsoon like Florida rain of course. The car is great! Excellent gas mileage if I keep my foot out of the pedal and fast as hell when needed.
I do all of the recommended maintenance including the transmission fluid change (I think it was around 45,000 miles?) It cost around $1,100 and I think I got an oil change as well at the same time).
I am probably jinxing myself but so far so good!
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10-18-2023, 05:15 PM
#32
It's just crazy what replacement parts are on these cars. You're just getting ripped off on this stuff. With that said I feel sorry for the suckers down the road after a few owners have had them and not kept them up. You might get lucky, but if not it wont even be worth if to fix the thing. Along with making it a world class car along with that come the associated repair costs.
10-18-2023, 07:36 PM
#33
Seems like we are confusing warranty with operating costs again. Long term ownership warranty costs are unpredactble. You get 5 years powertrain and that will likely discover defects. Your warranty should also cover electronic defects.
Service costs are higher due to the cost of oil, amount of oil, the oil change procedure and especially the DCT services that are required every 3 years and that Fluid is expensive and a lengthy process. I have a Honda CRV and the yearly maintenance has been $150. My Honda Accord total 10 years costs were < $2000. I expect the C8 with 10 oil changes and 3 DCT fluid changes and a few DCT filter changes to be about $8,000.
Service costs are higher due to the cost of oil, amount of oil, the oil change procedure and especially the DCT services that are required every 3 years and that Fluid is expensive and a lengthy process. I have a Honda CRV and the yearly maintenance has been $150. My Honda Accord total 10 years costs were < $2000. I expect the C8 with 10 oil changes and 3 DCT fluid changes and a few DCT filter changes to be about $8,000.
Last edited by gdb069; 10-20-2023 at 07:59 PM.
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Fast Dawg (10-19-2023)
10-19-2023, 10:13 PM
#34
Good way to lose loyalty when long term owners start forking out $20K to $27K on new transmissions. Think about that, Chevrolet.
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10-19-2023, 11:06 PM
#35
Burning Brakes
Good way to lose loyalty when long term owners start forking out $20K to $27K on new transmissions. Think about that, Chevrolet.
________________________________________
2019 Mustang GT Premium 6MT Daily Driver
2023 Corvette Stingray 2LT
2017 Porsche 718 Cayman
2009 Jeep Wrangler Rubicon
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Plus they will be RARE. The service requirements for transmission fluid changes and filter changes are required to protect your WARRANTY... NOT your transmission.
Once out of warranty, more likely 7,500 mile filter/15,000 mile fluid will become the norm.
10-19-2023, 11:24 PM
#36
The powertrain warranty has some exclusions. They are described in the Warranty Manual. I'm not saying they are or are not a big deal, but its worth being aware of what they are.
https://www.chevrolet.com/bypass/pcf...PrintReady.pdf
https://www.chevrolet.com/bypass/pcf...PrintReady.pdf
component coverage are sensors, wiring,
connectors, engine radiator, coolant hoses,
coolant, heater core, starter motor, entire
pressurized fuel system (in-tank fuel pump,
pressure lines, fuel rail(s), regulator,
injectors, and return line)."
Weird that the radiators and fuel system aren't covered. I guess just the three year B2B warranty applies to them?
10-20-2023, 07:00 AM
#37
"Exclusions: Excluded from the powertrain
component coverage are sensors, wiring,
connectors, engine radiator, coolant hoses,
coolant, heater core, starter motor, entire
pressurized fuel system (in-tank fuel pump,
pressure lines, fuel rail(s), regulator,
injectors, and return line)."
Weird that the radiators and fuel system aren't covered. I guess just the three year B2B warranty applies to them?
component coverage are sensors, wiring,
connectors, engine radiator, coolant hoses,
coolant, heater core, starter motor, entire
pressurized fuel system (in-tank fuel pump,
pressure lines, fuel rail(s), regulator,
injectors, and return line)."
Weird that the radiators and fuel system aren't covered. I guess just the three year B2B warranty applies to them?
10-21-2023, 08:10 AM
#38
Le Mans Master
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If you are referring to clutches, etc….. I asked Dennis Fitchner specifically about the DCT. He told me it was covered and it’s considered an automatic transmission. It’s like the wording in the section about the HTC which I also asked about. It’s meant for the older “ragtops.” He told me the dealers who accept the warranty he and other dealers sell have notifications about these sections of the extended warranties they sell today.
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Phil1098 (10-21-2023)
10-21-2023, 08:26 AM
#39
If you are referring to clutches, etc….. I asked Dennis Fitchner specifically about the DCT. He told me it was covered and it’s considered an automatic transmission. It’s like the wording in the section about the HTC which I also asked about. It’s meant for the older “ragtops.” He told me the dealers who accept the warranty he and other dealers sell have notifications about these sections of the extended warranties they sell today.
10-21-2023, 08:39 AM
#40
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