Gen V Engine issue - resale

[tjwhims75]

Hey Guys,

Im looking at a 2014 that has had the engine replaced. It was bought back by chrysler, fixed and now is at a dealer. 5k on the car and about three hundred miles on the new engine.

to me - having a car that this has already happened to, that has an additional one year-unlimited mileage warranty, is more reassuring than buying a car you don't know if it will happen to or not... and then have to be the one to deal with it.

Does anyone project this issue to affect the resale value?? My buddy got his mustang engine replaced and sold it for what was fair market value anyway... but i know that this is a different price point.

what would a fair price for this car be??

Thanks in advance for any input!

Tyler

[ygbsm]

Need more info on options and history to determine a fair price.

[swexlin]

Most of us Viper owners (me included) would have no issues with the replacement engine. In fact, I were looking at buying a 2013 or 14 that hadn't had a verified "pass" on the R28 recall, I wouldn't buy that car, but I would buy a car that had the replacement.

[tjwhims75]

I really appreciate the input! Thats my way of thinking to... totally agree. its just that when i go to sell it, im going to have to find a like minded buyer. Ive been reading different forums and see both point of views.

[supersnake]

Documentation is the Key, If you have a engine put into a car from a manufacturer stand point, There should be no question at selling time. The selling dealer should be able to give you all the paper work to prove it was a manufacturer defect. Then keep it in a safe place for re sale. Prospective buyer I am sure would rather buy a car with proof than one with not any paper work

[ViperJon]

With a five year base powertrain warranty standard, and then an additional year on top of that you're good till 2020 which is great.
But there's no denying that it will bring up some questions during resale, just as you are researching rightly so.

[tjwhims75]

Thanks for the input guys. I haven't been able to find any for sale in this situation online. has anyone seen this yet? im looking for a fair round about number. Its a base viper with 5k miles 300 on the new engine

[Uranium235]

For a "round about number," base 2014 SRT with 5k miles, I would think you should be able to find one for 80-85k. Regardless of engine replacement or not.

[Nine Ball]

Warranty engine replacement isn't a big deal, to most buyers. As long as it is documented, I'd be okay with it. The good news is that Dodge installs the latest revision of the engine, whenever they do these replacements. Parts continue to evolve/improve with time, and not all changes are advertised.

As for market pricing Vipers, that doesn't really work. These aren't like Toyota Camrys, where you have 10,000 of them for sale to compare with. I'd recommend you buy the nicest car you can afford, at the price you are comfortable with. It isn't like the used cars depreciate much, anyways.

[tjwhims75]

Thanks so much for the input! I appreciate it!

[zee]

I think it will definitely raise eyebrows...there's a reason that they are priced lower. But as others said, some will look at the new engine as an advantage since you get extra warranty and its the 2016 motor.

[PRVT JET]

If Carfax shows lemon buy back, than you have a branded title vehicle. The price should be lower than a non-branded title car, even if engine was replaced.

Isaac

[tjwhims75]

ok guys so if this car was a manufacture buy back.. and was sold to a dealer through an auction, then it would be a "Branded title", not a clean title.. ???


can anyone verify this?

Thanks,

Tyler

[tjwhims75]

If Carfax shows lemon buy back, than you have a branded title vehicle. The price should be lower than a non-branded title car, even if engine was replaced.

Isaac

on the carfax it says manufacture buy back. does that give it a branded title? Thanks for the input Isaac!

[repiV]

Have the dealer fax or email you a copy of the title.

[Red Snake]

I wouldn't touch it unless I couldn't afford a clean one, and this was my only way to get one.

[AZTVR]

Thanks so much for the input! I appreciate it!

PM sent

[PRVT JET]

on the carfax it says manufacture buy back. does that give it a branded title? Thanks for the input Isaac!

In most States, yes it will have a branded title.

Isaac

[Vipes]

I've seen a few of these sell for $10k less than the going rate with no buy back.

[AZTVR]

I've seen a few of these sell for $10k less than the going rate with no buy back.

How did you know that all of those that you are referring to were one of these ?

[Vipes]

How did you know that all of those that you are referring to were one of these ?

Carfax, there have been a few buybacks for engine replacements and a couple for other reasons come up for sale somewhat recently.

[viperdriver5150]

Take my car. 6 miles on it, engine bye bye, motor was replaced and sold at auction just over 60k for that reason alone. Do NOT believe for a second that a buy back car keeps the same value as clean one.

[darbgnik]

I wouldn't touch it unless I couldn't afford a clean one, and this was my only way to get one.

I bought mine brand new with cash, (and the only reason I say this is to put my opinion in perspective). I would buy a buy-back car with full warranty if the deal was right. It would have to be priced in such a way, that when it comes time to sell, it would only depreciate the same or less than a similar used car. Either way you slice it, if you bought the car, and sold it in 2 years, and lost 10 grand on both, the holding cost of the buyback would be obviously less.

That being said, my guess? It would have to be 10K less than the average used sales of the same car......

[tjwhims75]

Thank you EVERYONE for the input. I think I have determined that to me, paying a little more for no headache, and having no issues reselling, is way worth it.


I'll let you guys know when i pull the trigger on a car.

all the best,

Tyler

[SD268]

This has been a really informative thread so far. As someone who may soon be in the market for a Gen V, I really appreciate all the input. I will say that it's making me a little nervous though! Haha...

Aside from branded title issues and checking out the oil level on a cold vehicle, anything else worth looking for? Any way to easily identify if the engine has already been replaced, but maybe not listed on the title? Still trying to learn my way around these cars... Just trying to avoid ending up with a massive headache the first time I go to finally pull a trigger on a Viper.

Is the five year powertrain warranty from Dodge transferrable? My assumption was that it's something that's in place no matter if the car is resold or not, but just curious. I know the Viper can be a loophole on certain things when it comes to the Dodge brand as a whole.