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#1 |
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Dunder Mifflin Inc.
Drives: 2012 2SS/RS Convertible Join Date: Jan 2014
Location: Cincinnati
Posts: 468
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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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#2 |
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Retarded One-Legged Owl
Drives: 2010 Black Camaro 2SS Join Date: Oct 2008
Location: San Antonio, TX
Posts: 9,745
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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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#3 | |
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Dunder Mifflin Inc.
Drives: 2012 2SS/RS Convertible Join Date: Jan 2014
Location: Cincinnati
Posts: 468
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Quote:
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#4 |
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Account not blocked
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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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#5 |
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Dunder Mifflin Inc.
Drives: 2012 2SS/RS Convertible Join Date: Jan 2014
Location: Cincinnati
Posts: 468
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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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#6 | |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2011 2SS/RS LS3 Join Date: Nov 2011
Location: Torrance
Posts: 14,572
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Quote:
...."That engine" will likely show up in the 2016 6th Gen Camaro....something to keep in mind... |
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#7 | |
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Dunder Mifflin Inc.
Drives: 2012 2SS/RS Convertible Join Date: Jan 2014
Location: Cincinnati
Posts: 468
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Quote:
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#8 |
![]() Drives: Just a fan for now Join Date: Apr 2014
Location: ROCKPILE, Illinois
Posts: 361
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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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#9 |
![]() Drives: Model S, Vette, Volt & Equinox Join Date: Feb 2013
Location: Ohio
Posts: 335
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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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#10 |
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Dunder Mifflin Inc.
Drives: 2012 2SS/RS Convertible Join Date: Jan 2014
Location: Cincinnati
Posts: 468
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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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#11 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2013 Fiat 500 Abarth Grigio Join Date: Apr 2011
Location: Manassas, Va
Posts: 3,124
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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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#12 |
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Dunder Mifflin Inc.
Drives: 2012 2SS/RS Convertible Join Date: Jan 2014
Location: Cincinnati
Posts: 468
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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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