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Old 05-17-2017, 06:25 PM   #29
ZXCamaro
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Quote:
Originally Posted by SSTG View Post
Where do you guys see all these 1LE's available at? I've begged every Dealer in St.Louis to find me a HB 1LE. They can not.

Every time they try a Dealer trade somebody ends up buying the car before they can trade for it!

$41,000 is the best price I received on a 47,6xx MSRP. But again it sold before my Dealer could trade for it.

OP, list it Private party. You will always get more that way.
This is what Im seeing. If you look nationwide for 1LEs on cars.com, there is like 5 of them and not one is priced under $42k. USED. They are all on there with similar or more miles. So again, not sure where you people are coming up with all these numbers. I called a dealer on the west coast and they would give me $42k on trade for mine. But i'd have to pay $2k to get it there in a covered transport.

And to the smart guys saying that cars are not an investment and so on, yeah no kidding. It wasnt intended to be one. I just so happen dont LOVE it and I wanted to get back into a charger Daytona 392 before the car aged too much (miles/time). The biggest issue I see coming is that you will be able to get a 2SS 1LE next year. Thanks for cutting our throats GM. Same with the poor ZL1 guys. New 1LE ZL1 will be the same as what people are paying for regular ZL1s now. Not cool.

But Im going to keep it until next spring and pay it down some. Then try again to trade out when the season kicks in again in 2018. Or who knows I might fall in love with it in the meantime and not want to part with it. Im planning on DDing it this summer, but I'd much rather do that in a new Charger Daytona 392 like I had before. It was so comfortable.

me =
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Old 05-17-2017, 07:19 PM   #30
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Originally Posted by ZXCamaro View Post
Its not good. Im in the midwest. Looking to possibly trade mine in for something else. Im getting values of $33k-$35k. Seems very low. I know for a fact they are comparing it to standard 1SS manuals that have ran across the auction block.

I have pointed this out every time I get these dumb values. My car is HBM with the HBM door inserts and PDR. Had a $46,600 sticker. Should be very valuable still I would think?

What does the group say? Should I keep it and enjoy it this summer, then try again to trade out in spring?

It's probably to do with your location. Didn't do it but I recently got offered $32.5k for my 1SS A8(non 1le) with 5k miles on it recently. I paid 31.4k for it slightly used 6 months ago btw

You will likely get a lot more selling it privately in your case.
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Old 05-17-2017, 07:36 PM   #31
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Originally Posted by Boilermaker128 View Post
Welcome to GM. If you buy one plan to keep it for a loooong time, or take a big hit.

My GF's low mileage 2015 Sonic RS(all option, diamond white paint) is worth HALF of what she paid for it 18 months ago. Thats 18 months for $15k in deprecition on a $30k car. When the loan is paid off, 0% for 60 mnths, we expect it to be worth around $5,000 in good condition, lol.
I think the biggest news is 30 freaking grand for a sub-compact.
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Old 05-17-2017, 07:52 PM   #32
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I think the biggest news is 30 freaking grand for a sub-compact.
Thinking the same thing. I would have to add on $6000 in GM Accessories after I added on all the available options to bring it up to $30,000.
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Old 05-17-2017, 07:58 PM   #33
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Here is the manheim wholesale report..these cars may or may not be 1LE cars. Based on this info you are getting good offers at 33k to 35k.
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Old 05-17-2017, 08:00 PM   #34
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Quote:
Originally Posted by ZXCamaro View Post
This is what Im seeing. If you look nationwide for 1LEs on cars.com, there is like 5 of them and not one is priced under $42k. USED. They are all on there with similar or more miles. So again, not sure where you people are coming up with all these numbers. I called a dealer on the west coast and they would give me $42k on trade for mine. But i'd have to pay $2k to get it there in a covered transport.

And to the smart guys saying that cars are not an investment and so on, yeah no kidding. It wasnt intended to be one. I just so happen dont LOVE it and I wanted to get back into a charger Daytona 392 before the car aged too much (miles/time). The biggest issue I see coming is that you will be able to get a 2SS 1LE next year. Thanks for cutting our throats GM. Same with the poor ZL1 guys. New 1LE ZL1 will be the same as what people are paying for regular ZL1s now. Not cool.

But Im going to keep it until next spring and pay it down some. Then try again to trade out when the season kicks in again in 2018. Or who knows I might fall in love with it in the meantime and not want to part with it. Im planning on DDing it this summer, but I'd much rather do that in a new Charger Daytona 392 like I had before. It was so comfortable.

me =
42k for a trade in? They have to be screwing with you... No way that's possible.
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Old 05-17-2017, 08:08 PM   #35
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Quote:
Originally Posted by ZXCamaro View Post
This is what Im seeing. If you look nationwide for 1LEs on cars.com, there is like 5 of them and not one is priced under $42k. USED. They are all on there with similar or more miles. So again, not sure where you people are coming up with all these numbers. I called a dealer on the west coast and they would give me $42k on trade for mine. But i'd have to pay $2k to get it there in a covered transport.

And to the smart guys saying that cars are not an investment and so on, yeah no kidding. It wasnt intended to be one. I just so happen dont LOVE it and I wanted to get back into a charger Daytona 392 before the car aged too much (miles/time). The biggest issue I see coming is that you will be able to get a 2SS 1LE next year. Thanks for cutting our throats GM. Same with the poor ZL1 guys. New 1LE ZL1 will be the same as what people are paying for regular ZL1s now. Not cool.

But Im going to keep it until next spring and pay it down some. Then try again to trade out when the season kicks in again in 2018. Or who knows I might fall in love with it in the meantime and not want to part with it. Im planning on DDing it this summer, but I'd much rather do that in a new Charger Daytona 392 like I had before. It was so comfortable.

me =
Not sure what you are saying here? Would you rather the zl1 1le cost more?? It is the price we pay for buying new.. nothing surprising about that. I'm thankful they keep coming out with better car for about the same price as previous model. Hooray Gm! Sounds like u should shop used so the depritiation doesn't hurt so bad.. nothing wrong with that.. but if you go new be prepared to lose $$$ think of how a new Porsche or Ferrari owner feels 1 year later... we got it pretty good !
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Old 05-18-2017, 02:00 AM   #36
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Quote:
Originally Posted by ZXCamaro View Post
This is what Im seeing. If you look nationwide for 1LEs on cars.com, there is like 5 of them and not one is priced under $42k. USED. They are all on there with similar or more miles. So again, not sure where you people are coming up with all these numbers. I called a dealer on the west coast and they would give me $42k on trade for mine. But i'd have to pay $2k to get it there in a covered transport.

And to the smart guys saying that cars are not an investment and so on, yeah no kidding. It wasnt intended to be one. I just so happen dont LOVE it and I wanted to get back into a charger Daytona 392 before the car aged too much (miles/time). The biggest issue I see coming is that you will be able to get a 2SS 1LE next year. Thanks for cutting our throats GM. Same with the poor ZL1 guys. New 1LE ZL1 will be the same as what people are paying for regular ZL1s now. Not cool.

But Im going to keep it until next spring and pay it down some. Then try again to trade out when the season kicks in again in 2018. Or who knows I might fall in love with it in the meantime and not want to part with it. Im planning on DDing it this summer, but I'd much rather do that in a new Charger Daytona 392 like I had before. It was so comfortable.

me =

Just wondering what they offered that value on? What car were you buying from them? Trade offers in and of themselves are useless unless you know the other side of the equation, they could give you 52K on a car if you are paying WAYYY to much for the car you are buying... guarantee no matter how they structure the deal they all are paying the EXACT same for a trade (any regional difference will be no more then 2-4 K.) The dealers simply do NOT lose money in ANY deal... no matter what the paperwork tells you....When I worked selling cars I saw some amazing over allowences (just to make the customer happy)

Which deal is better......

8K in trade for a car selling for 25K?

10K in trade for a car selling for 27K?

You'd be surprised how many people will swear that 10K in trade is ALOT better when in reality the deal is EXACTLY the same thing. Buying/Selling cars is about working the best deal for the customer, while maintaining profit for the dealer.

When buying a car, it is usually best to work a deal as if there was no trade in, then bring the trade into the picture, that will give you a true idea of what the actual trade is worth, you would be surprised how many people get wrapped around the axel about trade value, I've seen people pay way too much for a new car just because they wanted X amount of dollars for their trade, at the end of the day weather it is on paper or not the dealer will ALWAYS be at least $1k under trade in value weather it be NADA, KBB or Manheim. If they are not then they are selling the customer a way overpriced car... There are VERY few exceptions but those are generally collector cars, or they have a specific customer who had purchased many cars that wants a specific car in a specific configuration, but even then they rarely "pay" more the trade in value, the money is either made on the trade, or the sale......
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Old 05-18-2017, 05:27 AM   #37
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I think it's a fair deal. I've been looking at trading in my C7 and moving to a Camaro.

My 2016 2LT Stingray, with MRC, PDR, Nav, Transparent roof, etc stickered at $69,620. I was offered between $43k to $49,5k on trade in, with private sale in the $50-52k range. At first that looks like a huge hit, but I certainly didn't pay sticker, so it's a lot more palatable. Unless you're a huge sucker, most dealers know you didn't pay MSRP.

Any time you buy a new car you have to realize the moment you drive it off the lot you just "lost" a lot of value should you ever have to move it. Just how it goes.
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Old 05-18-2017, 07:01 AM   #38
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The V6 Market is even worse my car sticker was $39k If I wanted to trade it in I would get 19k for it, 13 months old.. 50% depreciation... Worst I have ever seen. Of course I did not pay sticker but if we are going by MSRP Values and Current Trade in that depreciation is absolutely nuts.
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Old 05-18-2017, 07:21 AM   #39
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Originally Posted by Tucsonas View Post
Just wondering what they offered that value on? What car were you buying from them? Trade offers in and of themselves are useless unless you know the other side of the equation, they could give you 52K on a car if you are paying WAYYY to much for the car you are buying... guarantee no matter how they structure the deal they all are paying the EXACT same for a trade (any regional difference will be no more then 2-4 K.) The dealers simply do NOT lose money in ANY deal... no matter what the paperwork tells you....When I worked selling cars I saw some amazing over allowences (just to make the customer happy)

Which deal is better......

8K in trade for a car selling for 25K?

10K in trade for a car selling for 27K?

You'd be surprised how many people will swear that 10K in trade is ALOT better when in reality the deal is EXACTLY the same thing. Buying/Selling cars is about working the best deal for the customer, while maintaining profit for the dealer.

When buying a car, it is usually best to work a deal as if there was no trade in, then bring the trade into the picture, that will give you a true idea of what the actual trade is worth, you would be surprised how many people get wrapped around the axel about trade value, I've seen people pay way too much for a new car just because they wanted X amount of dollars for their trade, at the end of the day weather it is on paper or not the dealer will ALWAYS be at least $1k under trade in value weather it be NADA, KBB or Manheim. If they are not then they are selling the customer a way overpriced car... There are VERY few exceptions but those are generally collector cars, or they have a specific customer who had purchased many cars that wants a specific car in a specific configuration, but even then they rarely "pay" more the trade in value, the money is either made on the trade, or the sale......
I was looking at buying a 2017 Charger Daytona 392. Selling price on a $51k sticker was $44k. Thats not including anything. Just straight up. Cash difference would be $2k and almost nothing in taxes. But again I have to get the car 2000 miles to them with no more mileage on it. That's putting me back in the hole $2k more. So its still a possibility plus I would fly there to drive the new car back so theres the cost of a one way ticket and at least one hotel night.
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Old 05-18-2017, 08:03 AM   #40
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Sounds about right as new ones with incentives are in the low 40s new. Here's what to do - wait until labor day when Dodge does 0% interest and a large rebate off sticker. You will still probably take a decent hit on the camaro but the incentives most likely will offset a chunk of it. I did this when going from a 14 5.0 with 33k miles to a new 15 5.0 with PP and Recaros. The financing and incentives got me to roughly 15$ more a month even tho i took a hit on the 14. 0% for 72 months made that roughly only a grand more over the span of the loan.
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Old 05-18-2017, 08:47 AM   #41
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That's actually a fairly good money they're offering. I was told by a friend that's a dealer expect to only get maybe 20% towards trade-in when it comes to option packages. Found that out when I traded my 5th gen Hot Wheels Camaro. So if you're getting 33-35k, that's about right.
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Old 05-18-2017, 08:50 AM   #42
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The issue is that new 1LEs can be had for high 30s to low 40s presently. Your car is used so the dealer has to offer you a trade in price in which they can still make a little money. If they offer you 35k and put it out on the lot for 37k they may be sitting on the car for a long time given the new car deals out there. You have to ignore MSRP and see what prices the new ones are actually selling for, then consider the used price.
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