Chevrolet Limits Warranties, Offering $5000 Reward
With 2023 Z06 Corvettes continuing to make their way to the streets, Chevrolet & GM are cracking down on those who are only in it to resell their new high demand vehicles. In an effort to deter C8 owners from flipping the new Z06 Chevrolet is offering a $5000 incentive to all who retain ownership of the vehicle for more than one year in addition to a 12 month warranty transferability restriction and indefinite ban from preordering of future GM vehicles.
For a limited time, My Chevrolet Rewards members can earn an additional 500,000 points — a $5,000 value — when they retain ownership of their vehicle for 12 months after purchase. Points can be redeemed on GM Financial Payments, Accessories, and more.
These moves certainly are drastic, and are designed to be exactly that. Chevrolet's primary concern is having vehicles resold at inflated prices by unauthorized individuals, a practice that often results in a purchasing experience that does not meet GM's quality standards. While there will always be those who slip through the deterrent's cracks, Chevrolet & GM are confident this move will be effective in policing issues that have plagued previous model releases, ensuring the best experience for their customers.
It's safe to say Chevrolet isn't messing around. When dealing with a lifestyle brand such as Corvette, it's important that the long time, loyal customers are taken care of and given the best ownership experience possible, not to mention lowered prices. It's clear Chevrolet wants to treat their customers right.
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