10-20-2018, 11:43 PM | #15 |
Drives: 2017 2SS M6 Join Date: Jun 2013
Location: WNY
Posts: 7,070
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the depreciation on this car sucks my 17 2ss msrp of $50279 is only booked at $34k with 8k miles on it. Thats BS. my 12 2SS MSRP of just over $36k was worth $30k after 3 years and 20k miles. Then the 6th gen hit the lots and it tanked tho $23k. Its mostly due to the problems of the 16 models and the willingness of banks to give anyone a loan for any amount.
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real ZL1 wheels and brakes, 285/305 Michelin Pilot Super Sports, Pray ported Intake manifold, Soler Throttle Body, Rotofab intake, EFI Tuning Flex fuel kit, full American Racing Headers Exhaust, 1 7/8" w/ cats H pipe and mufflers. Full 1LE suspension, with BMR adjustable sway bars and links, GM aluminum cradle bushings, Hurst shifter with lighter reverse spring, TWM shifter knob, Tick level 1 transmission. I should have bought a ZL1
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10-21-2018, 04:00 AM | #16 |
Drives: 2SS Hyper Blue Join Date: Jun 2018
Location: N. California
Posts: 234
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Dunno,
I can see the rental fleet stuff having an impact. My 2ss A8 was 40k plus tax and license in July - had to wait for it to get to the dealer and I am quite happy with it. I don't see any 2SS A8's for sale at all in TrueCar for under 37k in Blue and they are all with high miles. 1SS are a dime a dozen. That seems to be the sucks to be you point. There is a lot of difference between the 1SS and 2SS - and the new price for a 1SS - nicely equipped new is 32-33k so having it drop to 28k off the showroom is the norm. I like buying new - I have the control over my maintenance and history. 10 years from now if it's worth 12k I'll be happy enough.
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2018 Hyper Blue 2SS - SOLD
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10-21-2018, 06:13 AM | #17 |
Drives: '17- 1ag37 V6 traded, for 1SS 2018! Join Date: Mar 2018
Location: MA
Posts: 469
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Seems like the high depreciation is based on largly a trade-in situation?
If I was to sell, think I would do a private sell to someone who knows the car to begin with. Could net a few more bucks. |
10-21-2018, 09:15 AM | #18 |
Drives: Love the one you're with Join Date: Sep 2009
Location: Downtown Charlie Brown
Posts: 11,850
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Camaro, Mustangs and Challengers have always dropped like stones. You have to buy the highend versions to lesson the blow, but then you are also paying more up front. CARS ARE NOT AN INVESTMENT. If you are worried about a car loosing mone, then buy used. This way someone else takes that first and biggest hit. This is just the cost you pay to own a virgin.
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10-21-2018, 09:50 AM | #19 |
Drives: 2017 2SS black on black on black. Join Date: May 2017
Location: Milwaukee
Posts: 276
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KBB is what insurance companys use to screw you out of the real value of your car.
KBB is about 2/3 to 3/4 of the cars value. Try an buy a car for its KBB value....If you find one for that price, its either one that no one wants (pink in color), ####ed up, a great deal or sellers is asking a low price. |
10-21-2018, 10:25 AM | #20 | |
Drives: 2018 Camaro 1SS 1LE Join Date: Sep 2018
Location: Front Range, CO
Posts: 1,866
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Quote:
I just sold my STi for a SS 1LE and I could not get anyone to give me KBB, either the dealer for trade-in or the market for private party sales... Nobody would buy the car for that price. It's real value was a couple thousand less than KBB's price. I think part of it is the value of used cars is going down in general. Cars are getting expensive. |
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10-21-2018, 10:27 AM | #21 |
Drives: Summit White Camaro SS Join Date: Jul 2017
Location: California
Posts: 359
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YIKES! That's the same sticker price as my 2017 1SS!
Goes to show, all those extra fancy electronics and addons might be nice to have but there's definitely a steep price to be paid.
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10-21-2018, 11:36 AM | #22 | |
Drives: 2018 1LT RS V6 A8 Convertible Join Date: Sep 2017
Location: USA
Posts: 497
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Quote:
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10-21-2018, 11:45 AM | #23 |
Drives: 2018 1LT RS V6 A8 Convertible Join Date: Sep 2017
Location: USA
Posts: 497
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A new base 1SS coupe stickers for less than a 1LT convertible with basic options such as V6 A8 RS and Tech packs.....
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10-21-2018, 11:49 AM | #24 | |
Drives: 2018 1LT RS V6 A8 Convertible Join Date: Sep 2017
Location: USA
Posts: 497
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10-21-2018, 12:14 PM | #25 | |
Drives: 2017 Camaro 2LT RS 3.6L Join Date: Mar 2016
Location: Orange Park, Florida
Posts: 1,313
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Quote:
I love my car too. Although, 5-10 years from now I’ll probably get another Camaro, SS next time. I’ll keep my V6, goal is to get this car to 250,000 miles. |
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10-21-2018, 12:33 PM | #26 | |
Drives: 2018 Camaro SS 1LE Join Date: Oct 2018
Location: Treasure Coast, FL
Posts: 384
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Quote:
Keep in mind "trade in value" is not market value. Most dealers try to mark up trade in's 5k and put them on the lot. My 2018 SS 1LE had an MSRP of 47k and I got it for 38k. I am sure with only 400 miles that the "trade in value" is somewhere near 33k. Sports cars depreciate. That;s what they do. I wouldnt worry about it until you ARE ready to part ways with it. Until then, enjoy the ride.... Oh, and if you think the camaro depreciates, you would HATE owning a mercedes... My Benz was 68K and after 2 years only got 26k for it....but I also think non-v8 "pony cars" may take a slightly bigger hit. |
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10-21-2018, 01:05 PM | #27 | ||
Drives: 2011 2SS/RS LS3 Join Date: Nov 2011
Location: Torrance
Posts: 14,426
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Quote:
I agree....What makes it worse is that private party sales have a tough time competing with dealer trade-ins....Most buyers do not have the cash and cannot get the financing for a good used car in the 20-30K range....Rarely does anyone save that kind of money anymore for a used car....The dealers offer the financing and the dealer-speak monthly payment and trade-in "value"....It's a vicious cycle that is hard to break out of for many...And the trade-in price skews the "value" of the car depending on all the other variables the customer is "negotiating" with the dealer.... Basically, though, it's not that hard to figure out....If you are going to unload the car you just bought new one or two years ago, you will take a bath on the over-all cost. Been happening for decades and decades... ...Nothing new to see here as far as depreciation....lol... |
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10-21-2018, 01:44 PM | #28 | |
Account Suspended
Drives: '14 Jetta 1.8, '19 1SS Join Date: Mar 2010
Location: San Diego
Posts: 886
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