Tornado damaged C8's destroyed
- Thread starter Malo83
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Other interesting cars destroyed for questionable reasons;
Lots more 'grey market' cars too.
Lots more 'grey market' cars too.
In the front of the car, there is a radiator and condenser on each side.
On vehicles equipped with Z51, there is also a radiator on each side that gets air from the side duct. You can see it in the photo behind the passenger door.
All C8: 2 radiators and 2 condensers at the front
C8 w/ Z51: 2 radiators and 2 condensers at the front, 2 radiators at the rear
Transmission cooler and engine oil cooler are both oil-to-water units.
Nick1994
$100 site donor 2024
Yes.
Since I don't use my AC, yeah AC Condenser and then Radiator. I am guessing this car has long radiator hoses and 1 heck of a Water Pump.
What a bunch of idiots running the asylum at GM. No wonder the price of new cars are so much. Instead of at least dismantling and selling the parts for an easy $10K per, they decided to get a few hundred in scrap value instead.
Almost certainly they got paid more from their insurance
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Those parts have been installed, and would be considered "used". Reselling them is not something GM would want to do. Consider the labor to dismantle, assess damage, etc. and it becomes a financial...and liability...nightmare.
For us, it can be a fun scrounge but better to scrap them. I truly wonder if they are even insured at that point as they were still at the factory; just curious.
Not at all uncommon for any manufacturer to take that route. Why would they risk selling cars or components that may have flood like issues down the road? Something GM would ultimately need to cover under warranty? Why would they pay employees to dismantle them and reassemble them (poorly)? Why would they let cars off their lot that may have reputation harming issues down the road? Would you buy a zero mile car that costs 70+ grand when you know that it has already been messed up?
Why would a manufacturer take all those risks that could cost them more in the long run?
As other people mentioned already, maybe insurance has something to do with it? Although a company like GM may be self insured on things like this.
If this were a lot full of Corolla's nobody would give a hoot and wouldn't be news, why should it be any different for a different car? GM will certainly remanufacture all the cars that got scrapped.
For a company with yearly revenue of 120-150 Billion dollars and yearly profit of 14 Billion the cost to manufacture 122 C8 Corvettes is seriously the equivalent to the change hiding in your couch.
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When an insurance company pays off on a total, they get possession of the car. Then they can sell it at a salvage auction and get $20-$30K for it. No such thing here if GM is scraping them directly.
Of course, that's why they have salvage auctions where at least they would get back $20-$30K.
This would be a very specialized and custom policy, manufacturers can work with insurers for all types of unique insurance.
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If GM is self-insured on these, which is highly likely, they are the insurer and already have possession of and are disposing of the cars.
As was said above, for a company the size of GM, the value of all these cars combined is found-in-the-sofa-cushions stuff.
What's damaged on them? All they need are the bolt on parts (hood, doors, fenders, etc.) to be complete, right?
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