I recently watched a YouTube video about a brand new Corvette Z06 engine blowing up after 52 miles. There are many articles about this incident, as well. Barring anything being the owner's fault, the lawyer in the video said that the dealer would put in a new engine and that would be that. He did mention about collectabity of the car could be damaged. However, he said he would not get into that.
However, I am curious. People buy new cars as investments and not for driving. Having matching VINs on the car and engine demands higher prices upon resale.
While no one can see into the furure and no what something will actually be worth, there is no lack of evidence that certain cars will increase in value. Some cars go up in value by orders of magnitude. Take the Lamborghini Miura, which was $20,000 new. Now some are worth over $2,000,000. Of course, all this can apply to more than cars as there are other things that follow suit.
I definitely feel that Chevrolet has no obligation to do anything other than replace the engine. However, this does theoretically hurt the long term value of the car. Is there any legal recovery for this loss?
Irrelavent, to the question, this guy said he is done with Chevy and will sell the car when its repaired. He will likely make more than he paid for it as well, as these vehicles are heavily in demand. So that is a positive for him.