Anyone worried about the value drop? - Page 2 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

RoadieWingZ · 08-13-2013, 08:56 PM

Forget the depreciation and "latest model" crap...It's a car and depreciation is what they do. Unless you're loaded and a collector investing in already-classic vehicles, you're gonnna spend money you won't ever get back so enjoy the ride you've got and be happy that you've got an "original" Gen5 style (pre-facelift) that the 14-ers don't have...

DFWHD · 08-13-2013, 09:00 PM

The only "investment" was mentally in order to bring on the permagrin!

Bowtie-Bri · 08-13-2013, 09:06 PM

If you really like your car and have no intention of selling it, Don't worry about it going down on value. Just have fun and enjoy it as much as you can! I just wish the cost of plates and insurance would go down along with the value.

2014v6 · 08-13-2013, 09:08 PM

Had a 2008 gmc crew cab loaded stickered for 32k.. put 38k in miles kept for 4 yrs traded it in and dealer gave me 15500. If u pay msrp u will be upside down 4k min...

LikaRokBowTie · 08-13-2013, 09:57 PM

Is it your daily driver,if so drive it and enjoy the time you have it.Only a few rare cars will hold or gain value,and we know they cost a fortune in the first place.I've been buying my own cars for 30 years and have never given any thought about what they would be worth when trading or selling,if I did that I'd have an ulcer or worse.

kevinw · 08-13-2013, 10:05 PM

skrush. i am looking at new 13 camaro yet. some 14 are out there. aside from tailites and minor front change, the rest of the car is the same. i am not sure what you are talking about. the body style is the same on the 14. i could see your point if the whole car was changed. but i wouldnt let tailites and front facia bum you out. your car is still the current body style. so drive it and enjoy and know most all cars will depreciate. thats the way it is.

2010SLVRBULIT · 08-13-2013, 10:08 PM

As many have said, you lose $ after driving off the dealer lot. Enjoy it now, and see what's available 4-5yrs down the road. Mod it to your liking, and you'll be alot happier, better than a stock/new one. That's what I've done, setting it apart from the 'norm'.

tom231 · 08-13-2013, 10:36 PM

Well, in spite of what others have said, it could be an investment if you find a barn to store it in for the next 30 years. Drive it in there, put it on blocks, cover it and forget it. It should start going up in value at that point.

KJS · 08-14-2013, 01:02 AM

... and never think about what it will be worth in "X" years again.

(the only drop in the future to be concerned about is ball drop...)

PalmerGA · 08-14-2013, 05:02 AM

Quote:

Originally Posted by upflying

read and weep...
http://www.edmunds.com/car-buying/ho...fographic.html

Yeah - this is something you just have to accept if you're out new car shopping. A car is not an investment!

RonnieG · 08-14-2013, 11:00 AM

No worries here. I plan on keeping her forever.

I'll be Clint and she will be the Gran Torino.

Ringo64 · 08-14-2013, 11:25 AM

Going to be a little harsh here... If you're looking at a car as an investment, sorry you need a slap in the face. Any car will depreciate in value over time, it's a fact of life. If you buy a "sports" car like this you're paying for the enjoyment you get out of it and the service it provides.

More to the point, I will never lose sleep over what I paid for this car or "value" lost. I didn't buy this car because it's "cool" or am a person who turns around and sells a car 2 months after they purchased it, I bought it because I am crazy about it! If I ever do get rid of this car it will be over 10 years from now and it will have served it's purpose by then and be well worth the money.

TVTI · 08-14-2013, 11:32 AM

No need to worry about your car's value unless you are ready to sell. Considering you've only had your car 8 months, you are probably not in that situation.

I've had my 2012 1SS for 1 month now. I bought it used with only 7900 miles. It is still under factory warranty till October of next year. I used the 2014 model as a bargaining chip in the negotiations for my car.

I prefer to let other people take the depreciation hit on new vehicles, and then I swoop in and get a nice ride for a great price. I did the same with my Duramax.

suzook · 08-14-2013, 11:37 AM

Car and investment in the same sentence??? Isn't that an oxymoron?

08-13-2013, 08:56 PM	#15
RoadieWingZ Drives: 2013 Black Camaro 1LS Join Date: Dec 2012 Location: Austin, Tx Posts: 409 View My Garage	Forget the depreciation and "latest model" crap...It's a car and depreciation is what they do. Unless you're loaded and a collector investing in already-classic vehicles, you're gonnna spend money you won't ever get back so enjoy the ride you've got and be happy that you've got an "original" Gen5 style (pre-facelift) that the 14-ers don't have... __________________ *2013 Camaro LS*

08-13-2013, 09:06 PM	#17
Bowtie-Bri Drives: 2013 Camaro 2SS RS Convt. Join Date: Mar 2011 Location: West MI (Home of the Tulips) Posts: 961 View My Garage	If you really like your car and have no intention of selling it, Don't worry about it going down on value. Just have fun and enjoy it as much as you can! I just wish the cost of plates and insurance would go down along with the value. __________________ 2013 Nickey Stage II Camaro SS Convertible #10.Black w/ Red leather interior. No Weeds Elec. Diverters, CNC ported heads, custom grind cam, upgraded fuel injectors, ZL-1 fuel pump, V-Max ported TB, Red Magnuson Super Charger with rear cog drive, upgraded rear axles good for 1400Hp, 3:45 gears, Tremec 6 spd., Pedders adj. coil overs, Phadt ZL-spec swaybars, 800Hp at the crank, 670RWHP, 613ft.lbs. torq. @ 11lbs. boost. SOLD!!!

08-13-2013, 09:08 PM	#18
2014v6 Drives: 2014 black 2 LT Join Date: Jun 2013 Location: Fort Worth TX Posts: 639	Had a 2008 gmc crew cab loaded stickered for 32k.. put 38k in miles kept for 4 yrs traded it in and dealer gave me 15500. If u pay msrp u will be upside down 4k min... __________________ Ordered:May 18 2013 2000 status 6-11-13 3000 status 6-12-13 TPW 7-22-13(6-14-13) 3300 status 6-28-13 3400 status 7-18-13 3800 status 7-20-13 4200 status On its way home 6000 status 7-31-13 first camaro ever... Sold 7-5-14.. thank you oshawa assembly

08-14-2013, 01:02 AM	#23
KJS Drives: '10 RJT,'95&'14 Vette Join Date: Feb 2009 Location: Cut Throat, NY Posts: 1,723 View My Garage	Drive it, enjoy it... ... and never think about what it will be worth in "X" years again. (the only drop in the future to be concerned about is *ball drop...) __________________ "As ye sow, so shall ye reap" - Me* Mine at sunset

08-14-2013, 11:25 AM	#26
Ringo64 Forever Pontiac Drives: 2012 Black 2SS/RS Join Date: Oct 2010 Location: Naples, FL Posts: 1,389	Going to be a little harsh here... If you're looking at a car as an investment, sorry you need a slap in the face. Any car will depreciate in value over time, it's a fact of life. If you buy a "sports" car like this you're paying for the enjoyment you get out of it and the service it provides. More to the point, I will never lose sleep over what I paid for this car or "value" lost. I didn't buy this car because it's "cool" or am a person who turns around and sells a car 2 months after they purchased it, I bought it because I am crazy about it! If I ever do get rid of this car it will be over 10 years from now and it will have served it's purpose by then and be well worth the money. __________________ Progression thread My Camaro's Grrgd

08-13-2013, 09:00 PM	#16
DFWHD Drives: 45th Anniversary Convertible Join Date: Jun 2012 Location: North Texas Posts: 348 View My Garage	The only "investment" was mentally in order to bring on the permagrin!

08-13-2013, 09:57 PM	#19
LikaRokBowTie Drives: 221SS1LE Join Date: Oct 2008 Location: on your 6 Posts: 990	Is it your daily driver,if so drive it and enjoy the time you have it.Only a few rare cars will hold or gain value,and we know they cost a fortune in the first place.I've been buying my own cars for 30 years and have never given any thought about what they would be worth when trading or selling,if I did that I'd have an ulcer or worse.

08-13-2013, 10:05 PM	#20
kevinw Drives: 2013 Black 2 LT vert Join Date: Jul 2013 Location: kansas city Posts: 1,765	skrush. i am looking at new 13 camaro yet. some 14 are out there. aside from tailites and minor front change, the rest of the car is the same. i am not sure what you are talking about. the body style is the same on the 14. i could see your point if the whole car was changed. but i wouldnt let tailites and front facia bum you out. your car is still the current body style. so drive it and enjoy and know most all cars will depreciate. thats the way it is.

08-13-2013, 10:08 PM	#21
2010SLVRBULIT Drives: G5(LLT) & C6(LS3) Join Date: Apr 2009 Location: MARS Posts: 7,527 View My Garage	As many have said, you lose $ after driving off the dealer lot. Enjoy it now, and see what's available 4-5yrs down the road. Mod it to your liking, and you'll be alot happier, better than a stock/new one. That's what I've done, setting it apart from the 'norm'.

08-13-2013, 10:36 PM	#22
tom231 Drives: 2012 2SS/RS Join Date: Apr 2013 Location: Wisconsin Posts: 301	Well, in spite of what others have said, it could be an investment if you find a barn to store it in for the next 30 years. Drive it in there, put it on blocks, cover it and forget it. It should start going up in value at that point.

08-14-2013, 11:00 AM	#25
RonnieG Drives: 2013 AGM 1LE/2SS/RS Join Date: Mar 2013 Location: Lakeland, Florida Posts: 289 View My Garage	No worries here. I plan on keeping her forever. I'll be Clint and she will be the Gran Torino.

08-14-2013, 11:32 AM	#27
TVTI Drives: 2012 1SS Join Date: Jul 2013 Location: Albuquerque Posts: 240	No need to worry about your car's value unless you are ready to sell. Considering you've only had your car 8 months, you are probably not in that situation. I've had my 2012 1SS for 1 month now. I bought it used with only 7900 miles. It is still under factory warranty till October of next year. I used the 2014 model as a bargaining chip in the negotiations for my car. I prefer to let other people take the depreciation hit on new vehicles, and then I swoop in and get a nice ride for a great price. I did the same with my Duramax. __________________ 2012 Summit White 1SS; Borla headers/exhaust, K&N CAI, SCT Tuner SOLD 2005 Chevy 2500 HD, 4x4; 6" Pro Comp lift, Edge Juice with Attitude, K&N CAI, Banks dual exhaust, Viper 570

08-14-2013, 11:37 AM	#28
suzook Drives: camaro Join Date: May 2013 Location: Stony Brook,NY Posts: 1,756	Car and investment in the same sentence??? Isn't that an oxymoron? __________________ 2016 2SS,A8,NAV,NPP,MAG Ride,Sunroof Hyperblue/JetBlack