Michael P Clark
Junior Member
- Joined
- Apr 2, 2020
- Posts
- 4
- Reaction score
- 5
- Location
- Catlettsburg, KY
- Ram Year
- 2017
- Engine
- Ecodeseil
The double edge sword.
Good to see Ram issuing recalls in attempts to repair defective equipment. However, the lack of parts can cause the value of our vehicles to take a hit.
I understand that some states can sell used vehicles with open recalls as long as they disclose it. Honestly, who would pay top end for a vehicle that has open recalls with no replacement parts available?
If you live in a state that does not allow used cars to be sold with open recalls, well I guess you are just SOL.
The high pressure fuel pump recall on my vehicle is over a year old with no replacement parts available. So the value of my truck has been hurt for over a year already. The new crank shaft recall has no replacement parts available. So what, is the value of my truck going to continue to take a hit for another year plus?
Are dealerships, that are in the business to make money, going to give you fair value for a vehicle they may take a hit on? That they may have to let sit for months or a year plus waiting for parts. Unlikely
Article
“However, owning a car with a recent recall that the manufacturer has not yet solved may trap you with a low trade-in value for several months.”
Good to see Ram issuing recalls in attempts to repair defective equipment. However, the lack of parts can cause the value of our vehicles to take a hit.
I understand that some states can sell used vehicles with open recalls as long as they disclose it. Honestly, who would pay top end for a vehicle that has open recalls with no replacement parts available?
If you live in a state that does not allow used cars to be sold with open recalls, well I guess you are just SOL.
The high pressure fuel pump recall on my vehicle is over a year old with no replacement parts available. So the value of my truck has been hurt for over a year already. The new crank shaft recall has no replacement parts available. So what, is the value of my truck going to continue to take a hit for another year plus?
Are dealerships, that are in the business to make money, going to give you fair value for a vehicle they may take a hit on? That they may have to let sit for months or a year plus waiting for parts. Unlikely
Article
Do Open Recalls Change a Car’s Trade-in Value?
“However, owning a car with a recent recall that the manufacturer has not yet solved may trap you with a low trade-in value for several months.”