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#71 |
![]() Drives: Black 2016 2SS Join Date: Jun 2016
Location: Hollywood
Posts: 7
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Huge loss
My 2016 2SS fully loaded 51,562 after taxes off the lot
2018 8,800 miles mint condition no dings no nothing and the Ford dealer offered me 27k At that rate in 2 more years the car will worth less than a used Hyundai It's horrific |
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#72 |
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Drives: 2022 Lt1 A10 Join Date: Nov 2015
Location: clark, mo
Posts: 8,882
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Check a 1 or 2 year old Bmw from list price and you'll see the Camaro or other American cars fair pretty good compared to a bimmer. Since I don't have to worry about the resale value of my Camaro it doesn't bother me. But if you get in a bind and pay too much for your Camaro then it does mean a shit load to you. So when you buy try to steal it, if its not the deal you want, walk away and buy something else, but you may just loose on that one to and it could be slow, no fun to drive, gets no attention, just a shitty ride. So, have fun with the Camaro, mod the shit out it and if have to trade it in, well that would suck.
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#73 | |
![]() Drives: 2003 Pete Join Date: Sep 2014
Location: IL
Posts: 350
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Quote:
Just because a dealer offers a number does not mean they are setting the value for your car. Maybe they already have a couple on the lot(or within the dealer network) & are just going to send it to auction? Or maybe they are going to try to get $33/$34k out of it retail & make $6k off of it. All dealerships do things differently. Some focus on selling primarily new units while others make better money on used. Among other ways. |
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#74 |
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This may sound stupid but my life goal is to own one of each generation so that means that the '17 that I have and bought specifically because it represented the 50th Anniversary will stay in my stable for as long as I can keep it.
That means I have 5 to go and the 1st gen will be the hardest and most costly to acquire ![]() That also means I have to realize life goal #2 which is somewhere to put 6 or 7 Camaros by the time I realize the dream. Land and to build a house and shop to keep them all is life goal #2. I love having goals and priorities to work towards! Maybe I'm just Camaro obsessed? I had a Gen 4 when I was in college and boy I want that one back. Keep dreaming folks, it makes all this work we do to feed our obsessions so fun!
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Stirling
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#75 |
![]() Drives: 2017 1SS camaro ,2SS a 68 + 08 C6 Join Date: Dec 2017
Location: West palm beach
Posts: 495
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Toyotas are reliable cars , just they dont do much at a car show ( besides some of old 2jz supras ) , other than that. Im super happy w my heavy chevy
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#76 |
![]() Drives: 2017 1SS camaro ,2SS a 68 + 08 C6 Join Date: Dec 2017
Location: West palm beach
Posts: 495
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Oh and one more thing , I usually buy used . I paid 28k for 11 month old 2017 SS fifty A8 convertible thats was around 40k new one year earlier .
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#77 | |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2019 GT350 Join Date: Jan 2011
Location: NC
Posts: 3,232
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Quote:
Sounds about what can be expected. The dealer would purchase from you for 27k then put it on the lot for 30k, more than likely sell for 29k. In the future buy used let somebody else take that major initial depreciation hit.
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2019 GT350 RR
2013 Boss Mustang 2012 SRT Challenger 392 auto 12:40s 112 stock 2012 Ford Mustang 5.0. Brembo, 3:73s 2010 SS, LS3, Cammed, LTs, 12:20s 2004 Redfire Cobra, Pullied & Tuned 1986 GT, Ed Curtis 347ci, 11:20s motor. 10:30s 100-hp shot |
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#78 |
![]() Drives: 2017 Camaro SS Vert w/2SS Join Date: Aug 2017
Location: midwest
Posts: 110
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Dealers around here are listing 2017 2SS verts at $44k with under 5k miles, you just have to work the dealer on the trade in or work them on the purchase price to make you whole, whatever makes it easier for them. Personally, I buy what I like and don't worry about depreciation. Cars are not an investment, you are going to lose 50% of your value in the first 3 years on most any car you buy new whether it be American or Japanese. If I wanted a car that wouldn't depreciate I would buy a 2010 911 C4S hardtop manual tranny. Those are at 50% or less of what they were new and will start to go back up or at worst stay flat if the options are right.
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#79 | |
![]() Drives: 2019 Mustang GT Convertible Join Date: Oct 2016
Location: Green Bay, WI
Posts: 182
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Quote:
Bear |
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#80 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: Love the one you're with Join Date: Sep 2009
Location: Downtown Charlie Brown
Posts: 11,849
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Most new cars drop around 22% of their value in the first year. Comparing it to your FJ really isnt fair, because they are very sought after to the point of almost collectible status. Buying a brand new car ia one of the worse financial things you could do. But hell, you only live once. Lol
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#81 |
![]() Drives: 2017 Camaro SS Vert w/2SS Join Date: Aug 2017
Location: midwest
Posts: 110
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Don't think yours is optioned like the couple I have seen. Their MSRP was closer to $55k, selling with 3-4k miles for $44k which is still decent but I have a feeling those dealers will still have them come Spring.
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#82 | ||
![]() Drives: 2023 BMW M4 Competition Join Date: Dec 2012
Location: USA
Posts: 657
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Quote:
Quote:
27K is a little low for his 2ss, he should try somewhere else. I was just offered $31k for mine (considering trading for a slightly used 17' ZL1). I have 10k miles. I never just let random dealers appraise my car. I go in with a fair market value number in mind for my trade. If they want to work a deal, they'll work with you. jwestm definitely paid too much. He must have bought his 6gen when they first came out.
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2023 BMW M4 Competition (daily)
2022 ZLE M6 (weekend toy) 2022 BMW X3m40i Past: 2022 Tesla S Plaid 2020 Shelby GT500 sold 2019 Hellcat Redeye-traded for new GT500 2019 ZL1 A10 - sold (meh) 2019 Tesla M3P 2016 Hellcat Challenger - A8 sold but never forgotten 2016 Camaro 2SS M6 2014 Mustang GT A6 2012 Mustang GT M6 "brembo" 3.73/FBO 2012 Camaro SS L99 (Wife's)- slow |
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#83 |
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I just bought New because New was cheaper than used with all the year end discounts.
I paid $31.7k out the door, against an MSRP of $45k... used ones with 20k miles were asking more than I paid for new. |
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#84 |
![]() Drives: 2017 Summit White Camaro SS 1LE Join Date: Apr 2015
Location: Miami FL
Posts: 388
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In my experiences with American Cars you will break even roughly 2 years into making payments unless you’ve put negative equity into it.
Good luck enjoy your ride don’t pamper it for the next owner...
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Rotofab Intake, Borla 60606 Midpipes, Corsa Extreme Axleback |
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