NHTSA Complaint #11624573 — 2014 GMC SIERRA 1500

I bought this truck used, in 2022 for $24,000... had it put up on a lift and fully gone over before purchasing. Roughly 18 months later I was notified by the garage that there were some rust holes in the frame that needed to be fixed. I had those holes repaired in March 2024, and the vehicle was inspected. At this time I went over the entire frame and found no more trouble spots. I recently went to trade-in the vehicle to buy something smaller and the dealership told me the frame was "rotted" and that the truck was essentially worthless and actually dangerous to drive. These frames are rotting from the inside out, and go from a sellable and valuable truck, to worthless within months or years. GM used inferior steel, inferior rust prevention, and is leaving countless owners stranded with vehicles they cannot sell, are unsafe to drive, and are still paying on. I still owe $10,000 on the truck and the best offer I've gotten has been $3,000. My options are to either put thousands of dollars into the vehicle and pray the rest of the frame does not suffer the same fate (unlikely), or junk the truck and buy another vehicle, meaning I'd need to pay two car loans off and only have one usable vehicle. GM knew about this issue and did not fix it and now hard working Americans are being financially devastated because of it. I bought a nice, clean 8 year old truck, and 2.5 years/20k miles later I'm left with junk and a depreciation of roughly $1 per mile for the time I've owned this vehicle. This has been an extremely stressful situation which has left me coming to terms with the fact that I'm most likely losing $10,000 because of this frame issue. This truck brand new sold for over $42,000 and 10 years later is worth about $2,000, if that. It was not beat, or neglected - simply driven and used as intended. This is unacceptable.