Homepage Garage Wiki Register Social Groups Calendar Search Today's Posts Mark Forums Read
#Camaro6
Go Back   CAMARO6 > CAMARO6.com General Forums > 2016+ Camaro: 6th Gen Camaro general forum


Bigwormgraphix


Post Reply
 
Thread Tools
Old 01-19-2021, 02:16 PM   #1
gtfoxy
Account Suspended
 
Drives: '21 Wild Cherry ZL1
Join Date: Aug 2018
Location: WI
Posts: 2,082
Thanks to the used car market madness...

I theoretically “made” money on my 1SS!

I thought I paid 30,500 (-TTL), but in cleaning out some stuff I found the dealer packet & sale price was actual $27,490 ($29,206 w/ TTL) drove it for 2yrs & 8k miles & then got $30K for trade in, $31,650 with tax savings.

Of course I know my Z was probably more than it would have been prior to all the craziness, but that’s not the point (kinda). Also not counting the grand in tires or Borla exhaust I put on it before trading it.

I know, I know, who cares, but I’m still surprised about it. Plus I’m bored. It’s like 10* outside & the wife has me cutting up documents while she cleans out droors.

Anyone else make out better on their last Camaro?
gtfoxy is offline   Reply With Quote
Old 01-19-2021, 02:23 PM   #2
Silent_H_
 
Silent_H_'s Avatar
 
Drives: '21 V6 1LE
Join Date: Jul 2020
Location: NE
Posts: 263
Wow that's incredible, especially with trading it in!

I have to thank the used car market madness for pushing me to get a brand new one for not much more than used haha.
Silent_H_ is offline   Reply With Quote
Old 01-19-2021, 02:28 PM   #3
FarmerFran


 
FarmerFran's Avatar
 
Drives: 2023 ZL1 Vert M6 "Sharky"
Join Date: Mar 2020
Location: Earth
Posts: 4,028
I traded just at the start of the Pandemic last March, I did great on the the new car lost on the trade. But wanted out of the trade. It is what it is.

Paid 42K for my 2SS Vert but lost a few K on the trade. I was happy.
FarmerFran is online now   Reply With Quote
Old 01-19-2021, 02:32 PM   #4
JBinSD
 
Drives: '23 LT Vert M6'16 Hyper 2SS Vert MT
Join Date: Sep 2016
Location: Carlsbad, San Diego, CA
Posts: 583
Out of curiosity, did you pay $42 OTD for a 2SS vert? in 2016 I paid $45k OTD for a loaded 2SS vert, and really regret selling the car. It was an M6, which is hard to find. Used market is very thin on that configuration right now.
JBinSD is offline   Reply With Quote
Old 01-19-2021, 02:33 PM   #5
foshjowler
 
foshjowler's Avatar
 
Drives: 2017 Camaro 2.0T, 91 Miata
Join Date: Jan 2020
Location: Raleigh, North Carolina
Posts: 505
I bought mine a few months before everything locked down and noticed similar cars going for $3-4k more than I paid. Was very happy I bought when I did. My trade in was about what I bought the car for, so I briefly considered trading it in, but then I remembered I had just spend almost $3k in a couple sets of tires for it, and decided that wasn't in my best interest.
__________________
305 BFG Rivals FTW

Youtube Channel

foshjowler is offline   Reply With Quote
Old 01-19-2021, 02:36 PM   #6
FarmerFran


 
FarmerFran's Avatar
 
Drives: 2023 ZL1 Vert M6 "Sharky"
Join Date: Mar 2020
Location: Earth
Posts: 4,028
Quote:
Originally Posted by JBinSD View Post
Out of curiosity, did you pay $42 OTD for a 2SS vert? in 2016 I paid $45k OTD for a loaded 2SS vert, and really regret selling the car. It was an M6, which is hard to find. Used market is very thin on that configuration right now.
I can get the exact figure, it was 42,XXX for the cost of the car then the negative equity... but 42,xxx is on the paperwork for the car itself.

Only options are the
50,515 sticker (including destination and options)
995 NPP
300 Black 20" Wheels
225 Black Lugs (insane!!!!)

So it is a stripper 2SS, so to speak.
FarmerFran is online now   Reply With Quote
Old 01-19-2021, 02:41 PM   #7
sengli

 
sengli's Avatar
 
Drives: 2015commemorative vert 2SS
Join Date: Oct 2013
Location: northern Indiana
Posts: 948
Its nuts out there right now. Was going to buy a lightly used 2SS car, but the used ones were only 2-3k less that I could buy new. So I bought new, no question.


I sold my last ZL1 before everything went nuts, figured I could have easily sold it for 4-5K more now than I did then, looking at the current market. Oh, well timing is everything.
__________________
2018 ZL1 Bright Yellow, A10, PDR, sunroof, carbon hood, and dash- sold
2020 2SS A10 sunroof..shock and steel special-traded
2015 commemorative vert 2ss
sengli is offline   Reply With Quote
Old 01-19-2021, 02:48 PM   #8
Jaxcam02

 
Jaxcam02's Avatar
 
Drives: 2017 Silverado/2017 ZL1
Join Date: Aug 2019
Location: Jax/Palatka FL
Posts: 1,090
I bought my Blue 2018 1SS 1LE with 19k miles in August of 2019 for 36k out the door. I sold it with 22k miles for 35k in September 2020 to a private party (net loss of $1k for about a year of ownership and 3k miles).

Bought my 17 ZL1 with 5k miles for 56k out the door. I was originally looking at ZL1's before I bought the SS, they were going for about 50k (20k + miles) to 55k (less than 10k miles) in 2019. I dont think ZL1 prices have really changed much but SS values have skyrocketed over the last year.
__________________
Jaxcam02 is offline   Reply With Quote
Old 01-19-2021, 02:52 PM   #9
JBinSD
 
Drives: '23 LT Vert M6'16 Hyper 2SS Vert MT
Join Date: Sep 2016
Location: Carlsbad, San Diego, CA
Posts: 583
Quote:
Originally Posted by FarmerFran View Post
I can get the exact figure, it was 42,XXX for the cost of the car then the negative equity... but 42,xxx is on the paperwork for the car itself.

Only options are the
50,515 sticker (including destination and options)
995 NPP
300 Black 20" Wheels
225 Black Lugs (insane!!!!)

So it is a stripper 2SS, so to speak.
Wow, was this a 2020? that is is a fantastic deal. 'grats.
JBinSD is offline   Reply With Quote
Old 01-19-2021, 02:55 PM   #10
FarmerFran


 
FarmerFran's Avatar
 
Drives: 2023 ZL1 Vert M6 "Sharky"
Join Date: Mar 2020
Location: Earth
Posts: 4,028
Quote:
Originally Posted by JBinSD View Post
Wow, was this a 2020? that is is a fantastic deal. 'grats.
March 2020
FarmerFran is online now   Reply With Quote
Old 01-19-2021, 02:59 PM   #11
Aragorn
Account Suspended
 
Drives: Camaro SS 1LE
Join Date: Aug 2018
Location: Phoenix
Posts: 1,538
Not far from my house there are smaller dealerships with a bunch of high priced used challengers, it they’re not moving.
Aragorn is offline   Reply With Quote
Old 01-19-2021, 03:17 PM   #12
gtfoxy
Account Suspended
 
Drives: '21 Wild Cherry ZL1
Join Date: Aug 2018
Location: WI
Posts: 2,082
Quote:
Originally Posted by Jaxcam02 View Post
I bought my Blue 2018 1SS 1LE with 19k miles in August of 2019 for 36k out the door. I sold it with 22k miles for 35k in September 2020 to a private party (net loss of $1k for about a year of ownership and 3k miles).

Bought my 17 ZL1 with 5k miles for 56k out the door. I was originally looking at ZL1's before I bought the SS, they were going for about 50k (20k + miles) to 55k (less than 10k miles) in 2019. I dont think ZL1 prices have really changed much but SS values have skyrocketed over the last year.


I would like to think the Z market hasn’t moved much since I bought the SS. There were very few examples out there used at the time as they were just released in ‘17. Not much time on the market. In the 2 or so months looking prior to purchasing I saw prices go up a tad, but not by much.

It seemed that the year/ mileage really made more of a difference in what they were asking. I saw several in the mid-upper-50K range ‘18 or older. In the end I didn’t want the same year even though I wanted the Yellow again. Had to give that up to go newer.
gtfoxy is offline   Reply With Quote
Old 01-19-2021, 03:24 PM   #13
mrkyleman
 
mrkyleman's Avatar
 
Drives: Chevrolet Camaro 2SS
Join Date: Nov 2019
Location: Tennessee
Posts: 126
I paid just under 24K from the dealer for my 2016 2SS a year and a half ago. KBB says it is worth about 27K now. Too bad I blew that difference on wheels and other fancy parts!!

Not sure if the dealer gave me a deal because I had bought a Silverado LTZ a few weeks before that I got kind of hosed on
mrkyleman is offline   Reply With Quote
Old 01-19-2021, 04:14 PM   #14
VR Baron
SoCal Camaro5 Race Team
 
VR Baron's Avatar
 
Drives: 2021 Shadow Grey Camaro 2SS 1LE
Join Date: Mar 2010
Location: SO CAL
Posts: 14,283
No good here in kali. End of year trade when used values are going down. 2012 2ss fully modded with 67000 miles. Great condition, passes smog, except bad ac. New tires even. What did I get? $15000�� right in the middle of the kbb stock car range. Oh well, new car got employee discount if $3800 off. Is what it is
VR Baron is offline   Reply With Quote
 
Post Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:03 PM.


Powered by vBulletin® Version 3.8.9 Beta 4
Copyright ©2000 - 2024, vBulletin Solutions, Inc.