09-23-2022, 07:23 AM | #1 |
Drives: 02 Firebird W68 Join Date: Sep 2022
Location: ILLINOIS
Posts: 2
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Buy new now or wait?
Perhaps this is rhetorical, but I do ponder what’s best. Clearly things are different in the world post-covid, purchasing new and used cars are no exception. I’m often blown away how used cars are selling for more than new at MSRP. I’m in no hurry to have a car delivered, but I wonder what the market for a ZL1 will look like in the future. When you combine the existing thin availability with the knowledge that Camaro production is ending, as well as the increasing likelihood that society is moving away from ICE in favor of electric vehicles, I have to wonder just how much it’s going to cost to buy a pre-owned ZL1 5 years from now. If used costs more than MSRP today when cars are still rolling off the line, what’s the market going to look like 5 years from now when what’s out there is it, no more production, no additional cars. I think back to 2007 when I greatly wanted a 03-04 cobra. I thought they were expensive 15 years ago, instead, they are tremendously more expensive now, even though they are 15 years older and have tremendously higher mileage. I can’t help but think the same will happen with ZL1. So my question is, would I be better off putting an order in for a 2023 now and likely pay less for a brand new car then what I’m likely to pay 5 years from now for a used car? Clearly no one knows what the future holds, but if this is a glaring generally accepted likelihood, I’d rather consider before it’s too late.
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09-23-2022, 07:29 AM | #2 |
Drives: 2018 Camaro 2SS A8 Join Date: Jul 2017
Location: East Tennessee
Posts: 11,574
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to the forums, FirebirdW68.
Put in your order now if you want a ZL1, nobody outside gm is certain whether there will be a 2024 model year. Make sure you choose a competent dealer that has allocations and won't keep you hanging for a year before admitting they never had a chance. The ZL1 is manufactured in a low enough volume now that it is likely to retain its value very well.
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2018 Camaro 2SS — G7E MX0 NPP F55 IO6
735 rwhp | 665 rwtq Magnuson TVS 2300 80mm pulley | Kooks 1 7/8" LT headers | JRE smooth idle terminator cam | LT4 FS & injectors | TSP forged pistons & rods JMS PowerMAX | DSX flex fuel kit | Roto-Fab CAI | Soler 95mm LT5 TB | 1LE wheels | 1LE brakes | BMR rear cradle lockout | JRE custom tune 1100 - 1/30/18 | 2000 - 1/31/18 3000 - 2/06/18 TPW 2/26/18 3400 - 2/19/18 | 3800 - 2/26/18 4300 - 2/27/18 | 4B00 - 3/01/18 4200 - 3/05/18 | 4800 - 3/14/18 5000 - 3/16/18 | 6000 - 3/19/18 |
09-23-2022, 08:30 AM | #3 |
Old Gearhead
Drives: 2023 GMC Sierra Denali Ultimate Join Date: Nov 2018
Location: MI
Posts: 546
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At my age, I don't have a lot of time to ponder. Most of my life is now in the rearview mirror. But anyway, I've been thinking about one last toy. Looked at Shelby GT500, Roush Stage 3, pre-C8 Corvettes. Decided to go new and the ZL1 won out for me. I like the fact there aren't tons of ZL1's running around. Now I'm just waiting..... Hoping I can still drive when it finally arrives.
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2023 Camaro ZL1 convertible - black - SOLD
2023 GMC Sierra Denali Ultimate - black |
09-23-2022, 09:36 AM | #4 |
Drives: 2023 Black ZL1 Auto Join Date: Oct 2009
Location: FEMA Region 4
Posts: 2,935
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I’d order one with the options you want from a dealer who’s willing to sell for no more than MSRP. If you’re waiting, you’re just missing out on enjoying the car. There aren’t likely to be any performance changes into 24.
Mine gets lots of compliments, especially since you don’t see one on every corner. |
09-23-2022, 09:44 AM | #5 | |
Drives: 2006 BMW M3 2023 ZLE Join Date: Mar 2022
Location: Michigan
Posts: 13
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Quote:
I placed my order for a ZLE in August 2 2021 with a high volume dealer in my area and my car was just built 9/20 as a MY23. If you want a ZL1 do some research on a good dealer in your area and order ASAP |
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09-23-2022, 09:44 AM | #6 |
Drives: 02 Firebird W68 Join Date: Sep 2022
Location: ILLINOIS
Posts: 2
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Thanks everyone for feedback. As far as waiting, what I’m getting at is I'm not in best position to make a purchase of this amount at this time. I could do it, but I’d prefer to wait a few years. What I’m trying to determine is, if I wait a few years it will be a bit easier to spend that kind of money, however if I'm still spending 65-70k on a used car perhaps it makes sense to spend same amount now and actually have a brand new one.
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09-23-2022, 10:05 AM | #7 |
Drives: 2019 Camaro ZL1 1LE Join Date: Nov 2021
Location: Tampa, FL
Posts: 134
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If you dont buy now you might not ever have the chance to get one new. There were a lot of people that ordered 2022's and never got them and hopefully had a good dealer put a 2023 allocation in.
ZL1's in a whole aren't produced in mass quantities and the 1LE option is even fewer especially with GM's Carbon Fiber Shortage. If you don't have the means to buy one now, just plan on buying used in the next couple years or find a deal that does fit in your budget. There are deals out there but they go insanely quick because there is a large group of people out there looking for used ones. |
09-23-2022, 11:33 AM | #8 |
Drives: 2017 Camaro ZL1 Coupe Join Date: May 2016
Location: Georgia
Posts: 5,809
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Best advice is not to wait and get one now!
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ZL1 Coupe, PDR, Exposed carbon fiber hood insert, My Link with Nav, M6 6 speed and Silver Ice Metallic. Mods done: ceramic window tint, GM Accessories Camaro floor mats and Roto-Fab CAI.
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09-23-2022, 01:23 PM | #9 |
Drives: 2018 Camaro 2SS A8 Join Date: Jul 2017
Location: East Tennessee
Posts: 11,574
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You're pretty predictable
__________________
2018 Camaro 2SS — G7E MX0 NPP F55 IO6
735 rwhp | 665 rwtq Magnuson TVS 2300 80mm pulley | Kooks 1 7/8" LT headers | JRE smooth idle terminator cam | LT4 FS & injectors | TSP forged pistons & rods JMS PowerMAX | DSX flex fuel kit | Roto-Fab CAI | Soler 95mm LT5 TB | 1LE wheels | 1LE brakes | BMR rear cradle lockout | JRE custom tune 1100 - 1/30/18 | 2000 - 1/31/18 3000 - 2/06/18 TPW 2/26/18 3400 - 2/19/18 | 3800 - 2/26/18 4300 - 2/27/18 | 4B00 - 3/01/18 4200 - 3/05/18 | 4800 - 3/14/18 5000 - 3/16/18 | 6000 - 3/19/18 |
09-23-2022, 01:26 PM | #10 |
Drives: 2022 ZL1 Join Date: Dec 2021
Location: Gulf Coast Region
Posts: 138
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Buy when you are ready.
The ZL1 is a Serious Car |
09-23-2022, 02:00 PM | #11 | |
Drives: 2018 Camaro 1SS 1LE Join Date: Sep 2018
Location: Front Range, CO
Posts: 1,859
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Quote:
Main use for the car would be trailering to a track, HPDE or AutoX. ZLE is not as fast as my current SLE for AX and it costs A LOT of money to drive it on-track. A LOT. Cayman/Boxster will be done after '26 and I might rather have a GTS or GT4 as I already have a SS 1LE. Corvettes will likely be available past 2030. I think in the long run I'd rather have a Vette or Cayman.
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09-26-2022, 08:19 AM | #12 | |
Drives: Zl1 1le (order) Join Date: Mar 2022
Location: Bc canada
Posts: 51
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Quote:
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09-26-2022, 09:46 AM | #13 |
Drives: ZLE/DEMON/GLADIATOR/GSXR1000R/ZX10R Join Date: Aug 2022
Location: New York
Posts: 438
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I say don't wait.
I was lucky enough to get a 6 speed 2023 ZLE in transit that was unspoken for...at MSRP. (Was going to order one) We know they are making limited 2023's...who knows if they will make 2024's.
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2018 Dodge Demon #1399 2020 Jeep Gladiator Rubicon 6 speed manual 2023 ZL1 1LE 6 speed manual ************************* 2018 Suzuki GSXR 1000R 2021 Kawasaki ZX10R |
09-27-2022, 03:14 AM | #14 |
Drives: Zl1 1le (order) Join Date: Mar 2022
Location: Bc canada
Posts: 51
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How do you like it? Was it worth it in the end? I’m still waiting for mine
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