12 October 2004

Anyone buying a new Daewoo between now and the middle of November can get it exchanged free of charge for an equivalent Chevrolet in six months time. The Daewoo badge dies in favour of Chevrolet on 1 January, affecting all models, although the Matiz and Nubira are not included in the new deal. All other models qualify, and the company will also restart your three year warranty and free servicing package with the new Chevy. Meanwhile, used car experts are denying that the move from Daewoo to Chevrolet will damage values of late-plate Daewoo badged cars. ‘It won’t have an effect at all,’ said Autocar’s used car expert John Coates. ‘Used Daewoos can’t get a lot cheaper than they are at the moment, and moving to Chevrolet isn’t going to make any difference to values. Though Chevy-badged cars could eventually end up holding their values better.’

Main dealers are denying that they will value late-plate Daewoos any differently when the Chevrolet badge comes on stream. ‘It will have no effect on values,’ said a salesman. ‘Plenty of customers have expressed concern but there’s nothing to worry about. We’ll be valuing trade-ins exactly the same.’ A Daewoo spokesman echoed this view: ‘The company’s not changing, the dealers aren’t changing and the cars aren’t changing, only the badge, so we feel values won’t be affected and the trade guides feel the same way.’

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