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Originally Posted by ZL1plumbin
Only in the current climate they don’t depreciate. Any other time oh yes they do.
Look at some of the ZL1 1LE’s that sold on cars and bids about a year ago. Basically mint 2k mile cars for $25-20k less than msrp. Same was true with corvettes. Don’t buy one of these hoping it will retain value. It might take a year or two but eventually the values will drop off of a cliff..
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True, the big difference now is if the Camaro continues to be limited in supply through 2023/2024. If GM doesn't load dealers up with Camaros that need 20% discounts/rebates to move them then I think used prices will not retreat back to those low levels again. The EV landscape will also play a role and jury is still out. Most of the initial EVs we are seeing will be SUV, pickups and sedans. Without performance EVs option and not knowing how well they will be received leaves a gap or lull in the performance category and may keep prices strong for Camaro. Also, factor inflation and the price of new vehicles keep going up, up, up.
No one has a crystal ball but there are definitely more variables at work than there were pre-pandemic.