Camaro SS price in 8 years? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

shank0668 · 01-22-2010, 10:23 PM

In 8 years do you think the new Camaro will go down to about $10k like the 02's?

Ivan @ Southwest Speed · 01-22-2010, 10:28 PM

yes. It might be a piece of shit, but yeah, you'll find deals like that.

-Ivan

gregus73 · 01-22-2010, 11:34 PM

Depends how well it is taken care of.
On eBay, meticulously maintained early 90's camaros go for a premium.

If it is a daily driver with 150k+ miles, oxidized paint, etc...then yea...it will go cheap.

Rockies4 · 01-22-2010, 11:49 PM

It will all depend on the condition, miles, and if there is a story behind the Camaro (Lithograph).

Infern0 · 01-23-2010, 01:43 AM

Absolutely it will. Especially if it keeps out selling ford crustangs. They'll be all over the goddamn place. :(

Hemlawk · 01-23-2010, 04:35 AM

Look at the LS1's. They sold from $25k-30k and on eBay you can find them at or under $10k.

O2BQIK · 01-23-2010, 11:47 AM

Just a guess, but I think the 2010 will hold its value a little better than the previous generation cars. I mean the "f-body" platform was years old when the 4th gen came out in '93, and was still being sold as new in '02. For a new car in 2002, the Camaro was not particularly rigid, had lots of squeaks, and the appearance was loved by some but disliked by a lot of people. Not to mention its mullet image at the time. I think if you look 10 years in the future from the 2002 Camaro and the same for the 2010 Camaro, the 2010 will have better resale value.

Besides that the 2010 costs more to start with.

savage71ChevelleSS · 01-23-2010, 12:24 PM

Quote:

Originally Posted by O2BQIK

Just a guess, but I think the 2010 will hold its value a little better than the previous generation cars. I mean the "f-body" platform was years old when the 4th gen came out in '93, and was still being sold as new in '02. For a new car in 2002, the Camaro was not particularly rigid, had lots of squeaks, and the appearance was loved by some but disliked by a lot of people. Not to mention its mullet image at the time. I think if you look 10 years in the future from the 2002 Camaro and the same for the 2010 Camaro, the 2010 will have better resale value.

Besides that the 2010 costs more to start with.

You sir are 100% correct on this. To compare a 2010 Camaro and a 2002 is like comparing apples and oranges. Much like you would not compare a 1st gen to a second gen.

jrc1122 · 01-23-2010, 12:48 PM

I'm way too lazy to do the research right now..
But I would find out what the standard depreciation PERCENTAGE is over an 8 year periord

And that will deducted that percentage from the MSRP and you will have your answer.

Sure GM cars depreciate at different values- I would say it will depreciate about the same rate as a Vette (maybe a bit faster)-- so use that percentage.
________
Extreme q

THUMPER20X · 01-23-2010, 01:02 PM

Its the same market for these cars even now, Im sure it will be reflected in future resale. No difference, maybe less if certain factors come into play like gas prices insurance rates etc. The system does not like these kinds of cars.

Sir Nuke · 01-23-2010, 03:04 PM

I will let you know the answer soon.....

Name: crystal_ball.jpg
Views: 1887
Size: 64.9 KB

tommygun6644 · 01-24-2010, 02:11 AM

If you care about the resale value of something buy a house IMO.

I also believe it is foolhardy to buy a car and keep it babied/stored/off the road for the sole purpose of resale value. You miss out on a lot of fun for *maybe* some extra cash years and years later.

Nutbutt · 01-24-2010, 07:32 AM

Drive it like you stole it ! The more I drive it the more I like it ! May not be everyones feeling but I get more joy out of driving it that watching it in my garage.

derklug · 01-24-2010, 07:59 AM

Automobiles are not an investment they are an expense. Unless you are buying a classic collector car, don't expect much in return. The only way the 2010 Camaro could hold a signifigant resale value in 10 years would be for GM to stop production. I don't see that happening.

01-22-2010, 10:23 PM	#1
shank0668 Drives: '14 LML/'06 LJ/'76 Trans Am Join Date: Feb 2008 Location: Ohio Posts: 8,438 View My Garage	Camaro SS price in 8 years? In 8 years do you think the new Camaro will go down to about $10k like the 02's?

01-23-2010, 04:35 AM	#6
Hemlawk AwesomeBillDawesonville Drives: CGM 2SS/RS =) Join Date: May 2009 Location: Jersey Shore Posts: 2,067	Look at the LS1's. They sold from $25k-30k and on eBay you can find them at or under $10k. __________________ Order placed on 1/13/11 - Purchased 2/22/11 2SS/RS CGM

01-23-2010, 11:47 AM	#7
O2BQIK Drives: 1991 Camaro RS Join Date: Mar 2009 Location: Dallas area Posts: 596	Just a guess, but I think the 2010 will hold its value a little better than the previous generation cars. I mean the "f-body" platform was years old when the 4th gen came out in '93, and was still being sold as new in '02. For a new car in 2002, the Camaro was not particularly rigid, had lots of squeaks, and the appearance was loved by some but disliked by a lot of people. Not to mention its mullet image at the time. I think if you look 10 years in the future from the 2002 Camaro and the same for the 2010 Camaro, the 2010 will have better resale value. Besides that the 2010 costs more to start with. __________________ 2010 Camaro SS in black/beige: Sold. \| '91 Camaro RS: Still the dream car! '98 Camaro SS: Incon twin turbo. Sold \| '99 Camaro SS: Heads/cam/bolt-ons. Sold.

01-23-2010, 12:48 PM	#9
jrc1122 Drives: 2012 Mustang GT Join Date: May 2009 Location: Abilene, TX Posts: 1,358	I'm way too lazy to do the research right now.. But I would find out what the standard depreciation PERCENTAGE is over an 8 year periord And that will deducted that percentage from the MSRP and you will have your answer. Sure GM cars depreciate at different values- I would say it will depreciate about the same rate as a Vette (maybe a bit faster)-- so use that percentage. ________ Extreme q Last edited by jrc1122; 03-11-2011 at 10:36 PM.

01-23-2010, 01:02 PM	#10
THUMPER20X GM fix my PAINT U suck! Drives: 2010 Black 1SS/RS 6Spd Join Date: Sep 2009 Location: Great Red North Posts: 1,856	Its the same market for these cars even now, Im sure it will be reflected in future resale. No difference, maybe less if certain factors come into play like gas prices insurance rates etc. The system does not like these kinds of cars. __________________

01-22-2010, 10:28 PM	#2
Ivan @ Southwest Speed Drives: '15 Z06, '01 NBM SS, '97 SS Join Date: May 2009 Location: Rio Rancho, NM Posts: 12,170	yes. It might be a piece of shit, but yeah, you'll find deals like that. -Ivan

01-22-2010, 11:34 PM	#3
gregus73 Drives: 2010 Blue Challenger R/T Join Date: Dec 2009 Location: Austin, TX Posts: 159	Depends how well it is taken care of. On eBay, meticulously maintained early 90's camaros go for a premium. If it is a daily driver with 150k+ miles, oxidized paint, etc...then yea...it will go cheap.

01-22-2010, 11:49 PM	#4
Rockies4 Drives: PT Cruiser 02 Join Date: Jan 2009 Location: Santa Maria, California Posts: 791	It will all depend on the condition, miles, and if there is a story behind the Camaro (Lithograph).

01-23-2010, 01:43 AM	#5
Infern0 Bring It Drives: In Between Join Date: Sep 2009 Location: San Antonio, TX Posts: 2,929 View My Garage	Absolutely it will. Especially if it keeps out selling ford crustangs. They'll be all over the goddamn place. :(

01-23-2010, 03:04 PM	#11
Sir Nuke Master of All Things Drives: '20 Corvette Stingray Join Date: Jul 2009 Location: Southeast of Houston, Texas Posts: 22,330 View My Garage	I will let you know the answer soon..... __________________

01-24-2010, 02:11 AM	#12
tommygun6644 Drives: 2010 Camaro 2SS/RS & 2006 Cobalt LT Join Date: Mar 2009 Location: Schenectady, New York Posts: 292	If you care about the resale value of something buy a house IMO. I also believe it is foolhardy to buy a car and keep it babied/stored/off the road for the sole purpose of resale value. You miss out on a lot of fun for maybe some extra cash years and years later. __________________

01-24-2010, 07:32 AM	#13
Nutbutt Drives: 2011 RJT 2LT/RS Convertible Join Date: Nov 2009 Location: Western Massachusetts Posts: 3,381 View My Garage	Drive it like you stole it ! The more I drive it the more I like it ! May not be everyones feeling but I get more joy out of driving it that watching it in my garage. __________________ 1st IPF Supercharged 2011 2LT/RS RJT Convertible

01-24-2010, 07:59 AM	#14
derklug Drives: 12 Boss 302 Join Date: Sep 2009 Location: Grand Rapids, Mi Posts: 1,369	Automobiles are not an investment they are an expense. Unless you are buying a classic collector car, don't expect much in return. The only way the 2010 Camaro could hold a signifigant resale value in 10 years would be for GM to stop production. I don't see that happening. __________________ The biggest mistakes in life come when you know exactly what you are doing.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Winner, winner - Jalopnik compares the Big 3	Number 3	5th Gen Camaro SS LS LT General Discussions	31	04-17-2011 03:24 PM
Think about this and the Z28 5th gen	13F20	Camaro ZL1 Forum - ZL1 Specific Topics	41	09-04-2010 12:59 AM
Official Camaro Convertible CONCEPT Press Release	Tran	Camaro Convertible Forum	12	11-18-2009 07:05 PM