08-28-2020, 10:42 PM | #1 |
Drives: 2016 Camaro 2SS ... 2024 Camaro 2SS Join Date: Aug 2016
Location: canada
Posts: 97
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2022 vs 2023
Hey guys,
So 2022 will be Camaro's 55th anniversary, and if 2023 will be the last year for a gasoline powered Camaro, which year will be the most sought out after model down the line? Last time we went through this was 2002, when the model year was both an anniversary edition and the last year of the camaro, This time it'll be harder to choose. If you look at a 2002 SS camaro, they're holding up their values, so which year will hold it's value more? 2023 or 2022? |
08-29-2020, 12:48 AM | #2 |
Iron fist, lead foot
Drives: 2003 Mustang Cobra Join Date: Jul 2013
Location: Wyoming
Posts: 1,228
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IMHO, buy the car you want. Drive the car you want. As long as it's putting a smile on your face when you're behind the wheel, when you're walking up to it, when your washing it, etc. You don't need to worry about residual value.
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'03 SVT Cobra-SC4.6L V8 || modded with mods'n'stuff
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08-29-2020, 07:11 AM | #3 |
Hail to the King baby!
Drives: '19 XT4 2.0T & '22 VW Atlas 2.0T Join Date: Dec 2008
Location: Illinois
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Neither will mean much unless they limit production numbers drastically to less than 1,000.
I don’t think a 2002 holds much collector value today and yo can look now to see if a 45th or 50th anniversary car holds any extra value. Collector value is only about rarity or scarcity.
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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08-29-2020, 08:45 AM | #4 | |
Banned
Drives: 6 on the Flo' Super Sport Join Date: Jan 2011
Location: md
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08-29-2020, 08:55 AM | #5 |
Drives: 2017 Camaro ZL1 Coupe Join Date: May 2016
Location: Georgia
Posts: 5,813
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I wouldn’t be concerned 2 to 3 years out about the Camaro. Buy what you want and enjoy the drive is my idea! GM offer new colors and options for the upcoming Camaros but I really don’t see any collectibility in the last year unless it’s a limited number made of a certain model of Camaro.
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ZL1 Coupe, PDR, Exposed carbon fiber hood insert, My Link with Nav, M6 6 speed and Silver Ice Metallic. Mods done: ceramic window tint, GM Accessories Camaro floor mats and Roto-Fab CAI.
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08-29-2020, 09:18 AM | #6 | |
Hail to the King baby!
Drives: '19 XT4 2.0T & '22 VW Atlas 2.0T Join Date: Dec 2008
Location: Illinois
Posts: 12,173
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Quote:
There are some awesome gear heads on her staff, guys I used to work with that have risen to prominent positions. If you want to blame anyone, blame AO and his team that brought out a Camaro that is getting trounced in the market place. Or you could simply blame the people on this website for not buying enough Camaros. The CEO of a company that size isn't making product plans. Approving them yes, but not making them.
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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08-29-2020, 10:18 AM | #7 |
Drives: 2017 Camaro SS Join Date: Sep 2017
Location: Delaware
Posts: 61
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I really don't think the Camaro will go all electric anytime soon. A v8 with some type of electric assist is more likely. I could def. see a hiatus between the 6th and 7th gens as the car moves to the new Cadillac platform. Honestly the Camaro needs people to buy Cadillac sedans to stay alive since using those RWD car platforms saves costs being spread over multiple vehicles. I doubt GM would build a Camaro on it's own platform.
I personally wouldn't bank of any of them really skyrocketing in value. At least not anytime soon. |
08-29-2020, 04:43 PM | #8 | |
Hot Camaro
Drives: '20 2SS Convertible 6MT Join Date: May 2020
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08-29-2020, 06:20 PM | #9 |
Drives: 2016 2LT V6 Garnet Red Join Date: Feb 2017
Location: Toronto, Canada
Posts: 106
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It's unlikely that any mass-produced car will retain much value after 10 years. Look at 80's and 90's camaros, they're not valuable.
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08-30-2020, 07:19 AM | #10 |
Drives: 2017 HBM 2LT RS Convertible V6 A8 Join Date: Jan 2018
Location: NJ
Posts: 654
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08-30-2020, 07:47 AM | #11 |
Drives: 2023 2SS, 2018 1SS 1LE, 1993 Z/28 Join Date: Jun 2018
Location: Midwest
Posts: 819
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There typically are two opportunities to make money with an interesting mass-produced car - 1) when it first hits the market and people with too much money can’t wait to get one and 2) when it reaches 20-25 years old. If your end goal is making money, think about how much you could gain by investing the same amount of money over a quarter century. Buy a car because you like it and want to drive it - not because you think it will be collectible in a few years.
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08-30-2020, 10:46 AM | #12 |
Drives: rally green LT1 manual Join Date: Jul 2018
Location: Indiana
Posts: 282
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The only way a 2022 or 23 model will be worth any more is if they do a one year/last year only version with something like the LT2 optional or make a last year Z/28 or something special. Think of the last C4 Corvette where you could get the old GS LT4 as an option. Those LT4 cars, GS or not, are holding up relatively well as the last C4s. 5th gen Z/28 is another example but that was more of a true one-off track special.
I could see the LT2 being an option on SS or maybe standard on 1LE cars. I doubt that would be enough for GM to label it a Z/28 but hey anything is possible. Could be a last hurrah for the 6th gen, or Camaro entirely, who knows... |
08-30-2020, 01:45 PM | #13 |
Drives: 2019 Chevrolet Camaro SS 1LE Join Date: Nov 2016
Location: Arizona
Posts: 596
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08-30-2020, 09:03 PM | #14 |
aka BeastZL1
Drives: 2019 Camaro ZL1 1LE, 2004 Cobra Join Date: Dec 2017
Location: NC
Posts: 1,104
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