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Old 02-05-2021, 04:20 PM   #29
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Quote:
Originally Posted by ember1205 View Post
On one hand, we have to look at the positives... While charging stations represent a draw on the grid, the lessening of the use gasoline represents relief for the grid.

Electricity is used to operate the fuel pumps. Electricity is used to power the lights that illuminate the fueling areas. Electricity is used to operate the credit card readers and various pieces of computer / network equipment to authorize the transaction. As these things see reduced use and "go away", the grid gets relief.
To be fair here... they will still need lights and CC readers and such, but I agree, some of it goes away but I think only what actually pertains to the pumps them selves.
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Old 02-05-2021, 04:36 PM   #30
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To be fair here... they will still need lights and CC readers and such, but I agree, some of it goes away but I think only what actually pertains to the pumps them selves.
A nice way of saying WTF ?!?
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Old 02-05-2021, 06:04 PM   #31
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Simply if you don’t have a special VIN or some freaky rare combo...........it will simply depreciate.

Adjusted for inflation go see what 30 year old F-bodies are going for at auction.

The Gen6 (not C6) will never hold value or become more valuable.

For reference go check resale on SS sedans. Wayyyyyyy more rare than the Camaro. Holding value fine but still well less than purchase price 4 years after stopping production.
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Old 02-05-2021, 07:56 PM   #32
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That deal is high A. F. if they think it’s worh $37K. I don’t care if it has zero miles.
Dealers use whatever "book value" is most favorable to them. I had a two year old car with high miles that I was interested in trading on a new one. They tried to convince me that it was worth LESS than the exact same car that was one model year OLDER with the same miles simply because of the depreciation. They tried to claim that all of the depreciation was mileage even though the older car had zero factory warranty left while mine had a full year and had updated items compared to the prior model as there were improvements made from one year to the next.

Quote:
Originally Posted by FarmerFran View Post
To be fair here... they will still need lights and CC readers and such, but I agree, some of it goes away but I think only what actually pertains to the pumps them selves.
Yes, agreed that there will be a need for lights and similar. But, it's a bit different. You can fill your tank from empty in about 6-7 minutes (as long as it isn't one of those pumps that's running incredibly slow). Charging time for a EV is at least triple that. So, you have think about the whole setup of charging stations and such because they simply don't lend themselves to the kind of traffic you get at a gas station. As a result, many charging facilities will get co-located into other structures like parking garages and such where those other electric requirements are already in place and accounted for.

What's more important overall is that things need to be understood at a macro level for something like this, not just the micro level. "Zoom out" and look at the bigger picture, don't just keep chirping at the public about EV is the future... Green is the way forward... Etc.

Recent studies have shown that the temps have gone UP in the last year because the air is so much less polluted (due to the drop in global travel). Are we going to have to start driving high-polluters again to save our planet from baking itself because too much sun gets through? lol

I'm not a fan of EV's. At all. In any form. Why do some folks drive diesels? Because they want to, or maybe they need to. Let the public decide on EV's for themselves - don't mandate it and force it on everyone.
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Old 02-05-2021, 08:31 PM   #33
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I'm aware, just pointing out the fallacy of using absolutes.

Besides, there are other examples:

https://www.cars.com/vehicledetail/d...3751/overview/

MSRP was $34,250 in 2007.

And if you want a car that you can buy new today that will go up in value, see if you can snag any of the handfull of M2 CS with a manual and carbon brakes. Let me know in 10 years if I'm wrong!



I know, I know.. yeah but but but....

S2000!! WTF!!
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Old 02-05-2021, 08:37 PM   #34
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I think you’re referring to Gen x people as Millennials were kids when those were out. As a millennial I can tell you I grew up wanting a 3 valve Mustang. That came out as I was starting high school. Finally got one in my mid 20s and then sold it to get my Gen 6. I wish Chevy had cooler stuff out when I and other millennials were teens. I know the GTO returned briefly but that car looked too much like a Grand Prix. The G8 was cool but kids aren’t into sedans unless they are import people. When the gen 5 camaro came out I thought it was awesome but Ford I feel like advertised their return of the 5.0 much better so I lusted for one of those (still really would like to have one next to my 6th gen).

I had a 2012 5.0 The Gen 5 SS had cheap looking plastic, BUT is also slower than a Coyote. That was the big reason I went with the 5.0


When it comes to the Gen 5 Camaro SS the 2011 to 2015 Mustang GT is the better car and quicker.


Now a gen 6 Camaro I would take over the Current Mustang. However the Coyote engine there are many mods to wake it up.


Wasn't so much that ford advertised the 2011 GT better. Chevy did too but the 2011 GT is a better car overall comparing it to a 2011 Camaro SS.
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Old 02-05-2021, 10:57 PM   #35
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Be no value, because gasoline engines will not be aloud in 50 states. Go Joe go!
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Old 02-06-2021, 08:58 AM   #36
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Quote:
Originally Posted by CamaroSSStlfan View Post
I had a 2012 5.0 The Gen 5 SS had cheap looking plastic, BUT is also slower than a Coyote. That was the big reason I went with the 5.0


When it comes to the Gen 5 Camaro SS the 2011 to 2015 Mustang GT is the better car and quicker.


Now a gen 6 Camaro I would take over the Current Mustang. However the Coyote engine there are many mods to wake it up.


Wasn't so much that ford advertised the 2011 GT better. Chevy did too but the 2011 GT is a better car overall comparing it to a 2011 Camaro SS.
Oh I completely agree. When it comes to the fifth gen cars the Mustang was definitely quicker. I too choose the Camaro when it comes to the 6th gen cars for the reasons you state. And yes Chevy actually did market the 5th gen camaro unlike the 6th gen, but for some reason the return of the 5.0 commercial stuck in my mind.
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Old 02-06-2021, 09:11 AM   #37
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Be no value, because gasoline engines will not be aloud in 50 states. Go Joe go!
Heh, if there ever was a serendipitously apt typo, this must be it

Let's hope it doesn't get to that, though
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Old 02-06-2021, 04:33 PM   #38
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Drive the crap out of it. Why save it for someone else? You want stories like (grandpa or grandma) use to race this old camaro.... Not Grandpa waxed an old car for 30 yeats, died and left it to Becky who sold it to buy a house with the drummer kid down the street....
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Old 02-06-2021, 07:49 PM   #39
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Originally Posted by Timbo-1LE View Post
Drive the crap out of it. Why save it for someone else? You want stories like (grandpa or grandma) use to race this old camaro.... Not Grandpa waxed an old car for 30 yeats, died and left it to Becky who sold it to buy a house with the drummer kid down the street....
Yep.

Again, this meme applies.



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Old 02-06-2021, 07:56 PM   #40
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Pretty much bound to be a depreciating asset
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Old 02-08-2021, 12:52 PM   #41
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Originally Posted by Number 3 View Post
Simply if you don’t have a special VIN or some freaky rare combo...........it will simply depreciate.

Adjusted for inflation go see what 30 year old F-bodies are going for at auction.

The Gen6 (not C6) will never hold value or become more valuable.

For reference go check resale on SS sedans. Wayyyyyyy more rare than the Camaro. Holding value fine but still well less than purchase price 4 years after stopping production.
I disagree. Two factors - first and most important is this will be the last of a breed of V8 sports coupes before the EV's take over. That alone is going to really boost values of these cars in 10-15-20 years.

But even just take a look at 30 year old Camaros and Mustangs and similar cars and what they are selling for with low miles.

Case in point - a mid 80's Monte SS sold for $32K last month on BAT.

An 1100 mile 1991 1LE bid to $25K but didn't quite hit reserve. That's $8K over MSRP on that car back in 1991.

a 2001 Z28 with 5K miles sold for $17K on BaT

85 IROC with 2500 miles was bid to $20K and didn't hit reserve

'99 SS with 2700 miles sold for $29,500

'92 1LE sold for $45K

'87 Iroc sold for $25K

'91 Z28 sold for $14K

6K mile '96 Impala SS sold for $21,500

That was just January....

So - not buying your argument that these cars will not be worth something in 20 years. These cars from the '80's and '90's selling now are terrible cars compared to the current crop of performance cars and look what they are doing. Imagine adding in the element of no more gas powered performance vehicles available new from MFGs within 10-15 years from now and let's see where these things end up. I am rather bullish...
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Old 02-08-2021, 01:12 PM   #42
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If you want to make money on something, put it in the stock/bond market. You'll make 5-10% a year on average, depending on how risk averse you are. Not many things have outperformed the stock market over the years. If the markets fail, then we're probably all pretty ****ed anyway, so what's the difference at that point. For example, if you invested $5000 in the DJIA in 1969 (about the purchase price of the 69 Camaro with some options) it'd be worth $190k today.
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