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Old 06-09-2014, 01:30 PM   #1
CyberGreyConvertible
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I need car-purchase advice!

So, I currently own (and love) a 2011 2LT/RS Camaro Convertible with 29K miles. I was recently thinking about my next car purchase, which is a few years down the road. It all of the sudden hit me that I would LOVE to own the new Stingray, as I think they're gorgeous. So, in about 4-5 years, do you think I'll be able to buy a 2014 Stingray for an affordable price? I would trade my Camaro towards it and put whatever else I have to out-of-pocket.

All in all, *ROUGHLY* how much would it cost for a 2014 Stingray about 4 years down the road? I'll be trading my Camaro towards it. I'd be looking for any affordable model, I would be thrilled with any of them!

These are all rough estimations, so I appreciate any input. I know it's a bit of a dumb question, but I just wanted to see if you guys had any advice here.

Thanks!
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Old 06-09-2014, 01:40 PM   #2
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It's pretty much a crap-shoot, really.

Your best bet is to determine your vehicle's current trade-in value, and compare that with the current MSRP of a 2014 Stingray with the options you want on it. More than likely, the two will depreciate in value at roughly the same rate over the next four years, so the difference in price now will be similar to the difference in price four plus years from now...

But you never know, a four year old Stingray may not have lost as much value as a seven year old Camaro has. So, like I said...crap-shoot...
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Old 06-09-2014, 01:45 PM   #3
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Quote:
Originally Posted by CamaroSkooter View Post
It's pretty much a crap-shoot, really.

Your best bet is to determine your vehicle's current trade-in value, and compare that with the current MSRP of a 2014 Stingray with the options you want on it. More than likely, the two will depreciate in value at roughly the same rate over the next four years, so the difference in price now will be similar to the difference in price four plus years from now...

But you never know, a four year old Stingray may not have lost as much value as a seven year old Camaro has. So, like I said...crap-shoot...
Yeah, I knew that it's not an easy question to answer. I just really like to plan out everything in advance (to the best of my ability), so I wanted to see if I could get a head start on this. Thanks for your input, I appreciate it a lot!
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Old 06-09-2014, 01:50 PM   #4
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put away as much money as you can each payday in a dedicated savings account, and 4 years from now see what you got
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Old 06-09-2014, 02:19 PM   #5
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put away as much money as you can each payday in a dedicated savings account, and 4 years from now see what you got
That's what I'm doing. I'm saving up as much as I can, so I should hopefully be able to get a Stingray when the time comes around. I'm just so excited for the engine in that car, it's incredible.
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Old 06-09-2014, 03:06 PM   #6
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Originally Posted by CyberGreyConvertible View Post
.. I'm just so excited for the engine in that car, it's incredible.
...."That engine" should be around for a while....probably more than four years....If it gets replaced by another generation engine, that may help bring the price down on a used one...

...."That engine" will likely show up in the 2016 6th Gen Camaro....something to keep in mind...
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Old 06-09-2014, 03:38 PM   #7
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...."That engine" should be around for a while....probably more than four years....If it gets replaced by another generation engine, that may help bring the price down on a used one...

...."That engine" will likely show up in the 2016 6th Gen Camaro....something to keep in mind...
Although I'm looking forward to the next generation camaro, I'm still leaning towards the Corvette. I've always wanted one, and I don't expect the 6th gen to outdo the Corvette aesthetically.
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Old 06-09-2014, 04:20 PM   #8
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I've been putting away $800. to $1000+ a month for the past few years and plan on getting a new 2015 early next spring should be a cash deal.
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Old 06-10-2014, 05:09 AM   #9
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Just saw an article that the Stingray is expected to have 67% of its value after 3 years and 53% after 5. In my area, the only Stingrays I've seen were of the 70-80k range with options.
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Old 06-10-2014, 06:07 AM   #10
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Just saw an article that the Stingray is expected to have 67% of its value after 3 years and 53% after 5. In my area, the only Stingrays I've seen were of the 70-80k range with options.
This was the perfect information I was looking for! If this depreciation rate sticks to this article, I think I should have enough saved up for one (not sure about the exact model, but this gives me a general idea). Thank you!
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Old 06-10-2014, 05:47 PM   #11
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Heck ill take a stab at it im going to say a 14 Stingray with some decent options and low mileage will prolly range from 35 to 45k in 4 years
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Old 06-10-2014, 08:56 PM   #12
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Heck ill take a stab at it im going to say a 14 Stingray with some decent options and low mileage will prolly range from 35 to 45k in 4 years
That price range seems very appropriate, and I should be able to save up that much. Just have to keep on working hard and saving as much as I can for a few more years!
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