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Instrument Cluster Failure, car value impact?
Our 3 day old outback had a failure in the instrument cluster. Dealer will fix it of course, but now it looks like there may be a sticker that has to be added to the car alerting a odometer repair was done. Also not certain if the mileage will be back at 0 or at the <300 we had on there.
Any ideas on the hit on value because of this type of repair and the sticker required? I for one am having a hard time coming to grips that there wouldn't be a very negative impact to the value of the car.
Any ideas on the hit on value because of this type of repair and the sticker required? I for one am having a hard time coming to grips that there wouldn't be a very negative impact to the value of the car.
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Comments
I don't see a "very negative" effect. some, perhaps. The older the car gets, the lesser the impact.
These mileage is programmed into the cluster and it can be set to anything.
I know that I wouldn't be buying a used car with that sticker on it as there are plenty that don't, so having a car with that stigma on it with literally less than a single tank of gas through it is very concerning.
Any ideas on how to calculate that hit on equity that we will have had due to this repair?
As to potential issues selling it down the road, there's a ton of bad data in Carfax but if you have a buyer that checks or if you are required to have a notification sticker placed on the car it could have an impact, but if you keep the service paperwork showing it is a new car and the mileage before/after repair I wouldn't think it would have much impact years down the road. If this was an older car and the mileage was completely unknown and couldn't be reasonably be verified is where I'd think you'd have a much bigger problem trying to explain.