CAMARO6 - View Single Post - Will this 2016 2LT/RS be worth 15k in 5 years from now?

Ant · 09-13-2016, 01:29 PM

I gave a $500 to my dealer on a 2016 2LT/RS Hyper Blue with black interior. Fully loaded...technology package/8" touch screen, moonroof, performance exhaust, interior lighting.

We came to an agreement of $33,535 on the price (MSRP is $41,070). I decided to do a balloon loan rather than a lease. The loan will be for $35k (tried to squeeze some of the money for taxes in there) for 5 years, $383 a month.

Supposedly, the balloon at the end will be $15,600. Do you think I will have a problem selling my car or trading it in for that amount if I drive approximately 15,000 miles per year (an assuming it's in great condition)? What if I drove the car for 3 years and tried getting rid of it then?

09-13-2016, 01:29 PM	#1
Ant Drives: 2017 Camaro 1LT/RS (V6) Join Date: Dec 2008 Location: Long Island, NY Posts: 911	Will this 2016 2LT/RS be worth 15k in 5 years from now? I gave a $500 to my dealer on a 2016 2LT/RS Hyper Blue with black interior. Fully loaded...technology package/8" touch screen, moonroof, performance exhaust, interior lighting. We came to an agreement of $33,535 on the price (MSRP is $41,070). I decided to do a balloon loan rather than a lease. The loan will be for $35k (tried to squeeze some of the money for taxes in there) for 5 years, $383 a month. Supposedly, the balloon at the end will be $15,600. Do you think I will have a problem selling my car or trading it in for that amount if I drive approximately 15,000 miles per year (an assuming it's in great condition)? What if I drove the car for 3 years and tried getting rid of it then?