if you bought a used bolt for XYZ you are completely out of your mind for thinking GM should compensate you more then you paid. That said they are not doing the bare minimum in regards to state lemon laws as most cases can literally be rejected because they are beyond the lemon law time frame, either for date or mileage yet GM is still honoring lemon laws when by law they wouldn’t have to.
Hi Chris, I thought the idea sounded crazy too, until my repurchase coordinator communicated otherwise back in Aug '21 when i started the process. I explained that I had bought the car used and that I was interested in doing an "MSRP swap" like i heard about online. I specifically asked her "will this cost me anything?" and "should I expect to get a new car with nothing out of my pocket?" She said yes. I would just "swap" the car out with my existing loan terms. I clarified a few times with her to make sure I understood this amazing offer and then after a month of back and forth her tune changed and the rules of the trade changed. I told her I was confused.
I wasn't expecting GM to do an MSRP swap going into this. I just wanted to find out what it entailed. Ultimately I was functioning with information that was provided to me by my repurchase coordinator or advisor with very little knowledge of what the lemon laws were in California. I recall reading a post of someone in California in early 2021 who had bought their Bolt used and received full MSRP value for it for the trade. So, after hearing that and what my repurchase advisor was telling me, I of course had my hopes up.
You're right, they're not doing the bare minimum. Though I'm sure many others who've been through this process here can talk about how absolutely frustrating the communication has been with GM.