12-11-2015, 12:40 AM | #29 |
Lethal Camaro
Drives: 16 2SS, 71 Std, Suburban RTS Join Date: Jun 2013
Location: Temecula, CA
Posts: 3,855
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12-11-2015, 09:14 AM | #30 |
Account Suspended
Drives: 2001 Z28 Mn6 Join Date: Nov 2015
Location: Utica area NY
Posts: 21
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OK, honestly, if you're already thinking depreciation before you get the vehicle,' just wait a year and buy one for 4-5K discount with 10K miles.
I personally had an order for a 2016 SS and cancelled it because I really, no matter how bad I want it, just can't justify a $40K+ Camaro. I just can't do it no matter how badly I want it. I am going to buy a used LS2 GTO for $14K, drive it for a year or 2 then pick up a low mileage 2016 2SS for low 30's, high 20's. The 400-HP GTO will be enough fun to hold me over. |
12-11-2015, 09:38 AM | #31 |
Drives: Scion FRS Join Date: Oct 2015
Location: montreal canada
Posts: 28
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Hey Zack,
It dosent really matter unless you plan on selling it in the next couple of years. My opinion is that when you spend as much money on a car its worth keeping for at least 5-7 years and at that point it wont make a difference. Anyways you just got your car so enjoy it man! Some of us dont have the means of getting one yet (me) so go drive the hell out of it. |
12-11-2015, 10:59 AM | #32 |
Drives: 2018 2SS Camaro Hot Wheels Edition Join Date: Sep 2015
Location: Cleveland, Ohio
Posts: 2,814
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With Pleasure!!!!!!!!!!!!!!!!!!
Vroooommm! :RockinVert5thGen :
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Zack46
2018 Camaro 2SS Orange Crush Hot Wheels Limited Edition Power Sunroof, 8 Speed Auto/Remote Start, NPP Exhaust Production Sequence Number 98 NEOCC Camaro Club Member Former Ride: 2016 Camaro 2LT RS V6 Hyper Blue Metallic |
12-11-2015, 03:00 PM | #33 |
"Old School"
Drives: 2010 2SS L99 Join Date: Apr 2015
Location: Sherrills Ford, NC
Posts: 1,295
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I think you will lose $5K the first week and 5k by the time it's a year old as long as you don't run the miles up to fast. This is the sweet spot to buy not to sell.
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12-11-2015, 04:59 PM | #34 |
Drives: 2016 2SS Join Date: Oct 2015
Location: Sacramento
Posts: 169
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I'm gonna keep this car til I croak so it don't matter.
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RedHot2SS 2SS Ordered 10/1/2015 #SXDMG9 Red Hot Paint/Black Metallic Side Spear Decals/Jet Black Leather/Red Knee Pads/8-Speed Auto/MRC/NPP/NAV/56V 5 Spoke Black Rims 3000 - 10/17/15 - TPW 11/9/15 3400 - 10/29/15 3800 - 11/10/15 4200 - 12/01/15 4800 - 12/10/15 Sitting in my driveway - 12/11/15 |
12-11-2015, 06:47 PM | #35 |
Drives: 221SS1LE Join Date: Oct 2008
Location: on your 6
Posts: 990
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I can give you a good idea.I bought a 2013 SS/RS msrp of 42750 I paid 40000 put 1800 miles on it in one year and got tired of the piece of junk and traded it for a 2014 Silverado,the dealer,same one I bought the car from gave me 33000 so in one year not including the taxes paid a 7000 dollar loss almost 20% so that 20% rule is just about spot on.
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11-13-2017, 06:49 PM | #36 |
Drives: 2018 1LT RS V6 A8 Convertible Join Date: Sep 2017
Location: USA
Posts: 497
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Sadly plan on a hit of 40% or more of original MSRP on actual trade in value after one year of ownership on a one year old model. In general, unless it's rare or in high demand the higher the MSRP or the more options on the unit the bigger the hit you take. Also demand, the season and the amount of incentives on new models at the time can play a role in used car values.
Last edited by Chazzz; 11-13-2017 at 07:06 PM. |
11-13-2017, 08:03 PM | #37 |
Drives: 2018 1LT RS V6 A8 Convertible Join Date: Sep 2017
Location: USA
Posts: 497
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In general V8 models will hold their value somewhat better over the long run, but in the short term the SS will take a larger initial hit than the base models. Sadly no Camaro model outside of a rare one holds it's value well.
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11-13-2017, 10:51 PM | #38 |
Drives: 2012 Summit White 1Ls Join Date: Jan 2012
Location: Diamond Bar, Cali
Posts: 898
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The v8s arent any better, just give it time. 5th gen ZL1's are low to mid 30k right now
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11-13-2017, 11:38 PM | #39 | |
Drives: 2018 2SS M6 Hot Wheels Camaro Join Date: Mar 2017
Location: MA
Posts: 574
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Quote:
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2018 2SS M6 Hot Wheels Camaro loaded (Moonroof, Magnetic Ride Control, NPP, etc…)
Previous cars: 2017 1SS Nightfall Gray Metallic w/A8 and NPP 1988 IROC-Z (tons of mods), 1995 Z28, 1998 Z28, 2006 GTO, 2010 Camaro 1SS, 2015 Subaru STI, a couple Acuras and multiple Jeeps. |
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11-14-2017, 06:43 AM | #40 |
Drives: Former 2016 Camaro 1LT Join Date: Jan 2017
Location: Naples, FL
Posts: 760
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Resale value of Camaros is not good- in my opinion the weakest aspect of the car. The V6 models take the biggest hit. My 2LT I paid close to 34K. If traded it in right now I doubt I would get 20K for it- probably 18K. So I would say almost 50% depreciation once you drive it off the lot. Probably a little less for SS's- maybe 35-40%. What is good is if you want to buy a slightly used one- you can get a good deal- if you can find a good one gently driven. So my plan is to keep mine forever!
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2006 C6 Corvette Manual, 2019 Silverado, 1997 Jeep Wrangler
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11-14-2017, 07:24 PM | #41 | |
Drives: 2018 1LT RS V6 A8 Convertible Join Date: Sep 2017
Location: USA
Posts: 497
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Quote:
Last edited by Chazzz; 11-14-2017 at 07:42 PM. |
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11-14-2017, 07:52 PM | #42 |
Drives: 2018 2SS Camaro Hot Wheels Edition Join Date: Sep 2015
Location: Cleveland, Ohio
Posts: 2,814
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Zack46
2018 Camaro 2SS Orange Crush Hot Wheels Limited Edition Power Sunroof, 8 Speed Auto/Remote Start, NPP Exhaust Production Sequence Number 98 NEOCC Camaro Club Member Former Ride: 2016 Camaro 2LT RS V6 Hyper Blue Metallic |
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