You are browsing camaro6 
04-20-2023, 07:54 PM
|
#1 |
 Drives: 2023 Camaro 1SS Join Date: Apr 2023
Location: Florida
Posts: 41
|
Finally got a 2023 1SS
After much anticipation, and after leasing an LT1 from 2021, I finally got to finance a brand new 1SS. With interest rates being so high, does anyone think I’m completely insane for financing at 94k over 7 years on a car that’s $62k? I need feedback from other owners. It’s my dream car.
Should I also get the AFM disabled right off the bat? Last edited by 1supersport; 04-20-2023 at 07:57 PM. Reason: Grammar/spelling |
|
|
|
04-20-2023, 07:59 PM
|
#2 |
   
|
Finally got a 2023 1SS
What rate did you get? 94k for a 62k car is a bit much. If rates come down hopefully you will be able to refinance.
As far as AFM I don’t see the need for it but to each his own but I would wait a little while. Sent from my iPhone using Tapatalk
__________________
'22 2SS | Wild Cherry Tintcoat | Design Package 3 | NPP | MRC | A10 | NAV | Ceramic Coating | Full Frontal PPF | New Hood and Side Stripes | Michelin PS AS 4
Range AFM Disabler | Mishimoto Catch Can | Diode Dynamics side markers | Cold Air Inductions CAI | LLoyd Velourtex front/trunk mats with Camaro SS logo ZL1addons Deluxe Rock Guards, Stealth Lift Pads, and Tow Hook | Escort MAXcam360c | Footwell Lighting | Banks gauges in ZZPerformance pillar pod | Paddle shifter extensions  |
|
|
|
04-20-2023, 08:04 PM
|
#3 |
|
Drives: 2023 Camaro 1SS Join Date: Apr 2023
Location: Florida
Posts: 41
|
It was 8.79% APR. I probably will refinance once my credit improves and interest rates drop. I don’t have bad credit though, it just wasn’t perfect.
|
|
|
|
|
04-20-2023, 08:05 PM
|
#4 |
       
Drives: 2023 ZL1 Vert M6 "Sharky" Join Date: Mar 2020
Location: Earth
Posts: 4,032
|
WHAT!
__________________
2023 Camaro ZL1 Vert TR-6060 Sharkskin "Sharky"
Firecracker Red Wrangler Willys, 3.6L eTorque, 850RE 8 speed automatic, 25W Willys package, Technology Group, Convenience Group (aka $600 garage door opener), Cold weather Group, Trailer Tow and HD electric group with AUX switches, 3 piece black freedom top. |
|
|
|
|
04-20-2023, 08:10 PM
|
#5 |
|
The Nights Watch
|
You are already upside down on that loan and will have to put money down to refinance it at a lower rate.
__________________
Ordered 22 ZL1 Vert M6 Wild Cherry
2000 19 Jul 2021 3000 21 Jul 2021 TPW 8/23 24 Jul 2021 3400 30 Jul 2021 3800 26 Aug 2021 4000 1 Sep 2021 6000 14 Sep 2021 57 Days from accepted order to delivery. 19 Days from build to delivery. |
|
|
|
|
04-20-2023, 08:14 PM
|
#6 |
Drives: '23 1SS Sharkskin A10 Join Date: Sep 2018
Location: South Florida
Posts: 1,066
|
Those numbers are wacky. $62k for a 1SS is super high. At that interest rate for 72 months, it shouldn't total $94k.
__________________
Previously Owned:
2018 Silver Ice Metallic Camaro R/S 1992 Dark Teal Camaro R/S 305 V8 |
|
|
|
|
04-20-2023, 08:18 PM
|
#7 |
|
Drives: '23 1SS Sharkskin A10 Join Date: Sep 2018
Location: South Florida
Posts: 1,066
|
Forgot to say "Congrats" on your new SS. Enjoy the ride.
__________________
Previously Owned:
2018 Silver Ice Metallic Camaro R/S 1992 Dark Teal Camaro R/S 305 V8 |
|
|
|
|
04-20-2023, 08:21 PM
|
#8 |
|
Drives: 2023 Camaro 1SS Join Date: Apr 2023
Location: Florida
Posts: 41
|
To be honest this was my first time ever financing a car, I’m 28. It was marked up from $57k to $61k after tax, then total financed was $69k. Finance charge ended up being like $24k. In my head I figured I could just make extra principle payments to work down the interest and eventually refinance. It was like 2 days later and they called me up saying they were suppose to install a carbon fiber high wing spoiler and want me to go back in for it. I’m beyond happy I have the car I want, beyond depressed about the interest.
|
|
|
|
|
04-20-2023, 08:31 PM
|
#9 | |
|
Drives: '23 1SS Sharkskin A10 Join Date: Sep 2018
Location: South Florida
Posts: 1,066
|
Quote:
__________________
Previously Owned:
2018 Silver Ice Metallic Camaro R/S 1992 Dark Teal Camaro R/S 305 V8 |
|
|
|
|
|
04-20-2023, 08:31 PM
|
#10 |
Drives: Wild Cherry LT1 Join Date: Dec 2016
Location: Massachusetts
Posts: 1,925
|
This is a pretty bizarre post….
|
|
|
|
|
04-20-2023, 08:31 PM
|
#11 |
|
2020 Shadow Gray 2SS
Drives: 2020 2SS - A10, NPP, MRC, CAI Join Date: Dec 2019
Location: SoCal
Posts: 3,032
|
You got completely hosed...
__________________
2020 SGM 2SS - A10, NPP, MRC, Red Calipers, Black Camaro Fender Badge, Footwell Lighting
Added after delivery: - GMP CAI, GMP Black Strut Tower Brace, MRR017 1LE Wheels, SS Armrest, Black Fuel Door, Stainless Sport Pedals, SS Wheel Caps, Black Lugs/Locks, GM Splash Guards, DD Smoked LED Markers, Smoked Rear Reflectors, Mishimoto Catch Can, Xpel PPF - Full Front, SunTek 35% Tint, CeramicPro coating, RST Stainless Brake Lines, Castrol SRF, MSD Super Conductor Wires Left: My "fun" ride. Right: My "work" ride: a Gulfstream G600. One's top speed is 180 Mph, the other, 620 Mph...  |
|
|
|
|
04-20-2023, 08:42 PM
|
#12 |
Drives: 2017 1SS 6spd Join Date: Jan 2011
Location: Utah
Posts: 2,869
|
Don't feel bad OP- in 1981 I bought a new car financed thru GMAC at 16.1%
 Best rate in town and I had a good credit rating, a job and a trade in! Its all relative.Refinanced after a couple years and bought a new car and a motorcycle. All's well that ends well! Congrats on the new car! 
|
|
|
|
|
04-20-2023, 08:45 PM
|
#13 |
Drives: Chevy Camaro 2021 ,rs, v6, manual Join Date: Feb 2022
Location: Georgia
Posts: 868
|
|
|
|
|
|
04-20-2023, 08:45 PM
|
#14 | |
|
Drives: '23 1SS Sharkskin A10 Join Date: Sep 2018
Location: South Florida
Posts: 1,066
|
Quote:
__________________
Previously Owned:
2018 Silver Ice Metallic Camaro R/S 1992 Dark Teal Camaro R/S 305 V8 |
|
|
|
|
|
|
|
|
|
Post Reply
|
|
|
