Resale value is toast on Gen 5

[Cts100]

Hi I plan on buying a used zl1 here in Dubai.parts availability is negligible (cousin works in the dealership)the car i m looking at is 2015 zl1 with 13000km so can someone give me an idea on how much they are worth? Please don't compare to USA. U guys have high parts availability

[Wizard1183]

They won't drop more than $5k more on SS models. I can't see them drop below $12k if it's in great shape. Itll go up in value at some point. Not investment wise but it'll be where your loss won't be as bad a hit. Just hope that many of them (60-70%) get trashed in 10yrs. That'll increase it more lol

[PDXSSCE]

Originally Posted by Wizard1183

They won't drop more than $5k more on SS models. I can't see them drop below $12k if it's in great shape. Itll go up in value at some point. Not investment wise but it'll be where your loss won't be as bad a hit. Just hope that many of them (60-70%) get trashed in 10yrs. That'll increase it more lol

I feel confident that if I take care of my '15 2SS convertible, maintain it & keep the mileage relatively low, in 25 years it'll be worth what I paid for it. I won't sell it, but it'll be enough of a return for me, especially with the additional thumbs up it'll get by then.

[rshelar]

Chevy and others make the most money from high end fully loaded models like SS, Escalade, and do on. Especially high end trucks. I bought my SS in Orlando from a dealer who buys cars in lots from fleets. Mine was only two years old and was $20k less than original retail. I certainly didn’t mind the one hour drive!
Offleaseonly.com


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[SSEssence]

The Gen5 SSs have been holding their value fairly well, especially the 2014-15 models.

[rshelar]

http://www.offleaseonly.com/mobile/p...-of-area=False

Z28 anyone?
I’m sorry but I really hate that huge splitter


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[myold88]

Again, I bought my new '10 SS 8 years ago at full MSRP of $38,400. I know someone
here would love to have this pristine 5th gen now at $20,000. The longer you keep them
the less of a depreciation hit you take. considering you don't beat the crap out of it as
many here do.

[lbls1]

Gen 5s are old now; I know it seems like yesterday but time flies.

We're still doing better than previous generations. Jaguars, BMW 7 series wish they had our depreciation.

[Gordo-D]

Come over to England, my 7 year old one cost almost what you pay for a new one!

[OHIOSS]

I ordered my 2010 2SS/RS/M6 in 2008 and I knew I was going to pay list. In 2008 and 2009 there were people paying thousands over list just to get the new Camaro's. I wasn't real happy about paying list but there was no way in hell I would ever pay OVER list price.

I don't care what the resale price is because I'm not planning on ever selling mine.

[WoodBoss]

Originally Posted by CruzinQueen

I had some spare time the other day and went trolling the local Chevy dealer to peruse the new Camaro selections. They had a 15 LT RS left in stock that the sticker price was over 31k and was now marked down to 21k! There goes my resale value! Great buy for someone.

That is a 3 year old leftover now, I wouldn't even think they would get that much. No cars really hold their value from new anyway. Cars are not a good investment unless you can buy them used at wholesale. Dealers get way too much for what they sell and give way too little on a trade.

[IMadeYouReadThis]

Originally Posted by WoodBoss

That is a 3 year old leftover now, I wouldn't even think they would get that much. No cars really hold their value from new anyway. Cars are not a good investment unless you can buy them used at wholesale. Dealers get way too much for what they sell and give way too little on a trade.

+1

[Spurshot]

Cars are disposable for the most part. In 20-25 years gas will be either unobtainable or so costly using a car like ours would be only for affluent collectors

[Rusty35]

Originally Posted by Spurshot

Cars are disposable for the most part. In 20-25 years gas will be either unobtainable or so costly using a car like ours would be only for affluent collectors

Perfect that's exactly who I was hoping to sell it to.