Buying 2017 used vs. 2018 new ZL1? - Page 2

kttxz06 · 08-07-2018, 10:13 AM

Quote:

Originally Posted by EDFHOBBIES

I would buy new.. they list for 61,500 now vs 64,300 the last 2 years. most likely that will make a used interest rate go up enough to make the payments the same even if there is a 4 to 5k difference in price between new and used.

Agreed. Just shop around, you'll find a deal on a new one. Get a Costco membership btw. $3000 off if you have a membership.

unavailablezl1 · 08-07-2018, 10:26 AM

Quote:

Originally Posted by JonDaddy82

Is there a point? Been looking to get a 6th gen ZL1 after going back and forth on settling for a 2SS 1LE, but the ZL1 is just so great right out of the box. Now the choice is, used 2017 or new 2018? It's getting harder to find the deals right now since the conquest cash only applies to current Mustang owners. There was a good rebate for other vehicles owners which I qualified for, but it expired on 7/31.

Is there any hidden changes or updates for 2018 that make it worth the price delta? I'm flexible on the options for the most part, but I stuck on the combination...Nightfall Gray coupe with an M6.

Here you go

https://www.autotrader.com/cars-for-...modelCode1=CAM

https://www.autotrader.com/cars-for-...talRetail=true

shaffe · 08-07-2018, 10:49 AM

Quote:

Originally Posted by Jmueller

I have purchased plenty of used sporty cars and have had fairly good luck with all of them. The ZL1 was my first new car. Depreciation was tough to justify, but the engine, trans and chassis in the ZL1 were tougher to pass up.

I just don't think I could. Especially a car that is only a year or two old. Makes me think it might have been a lemon, or it was beat to hell, or any other number of bad things to make someone get rid of it quickly.

Now a car 5 to ten years old that's had like one owner maybe I could do that, but a fairly new car I don't think I could.

Markoz28 · 08-07-2018, 11:56 AM

if you buy a used car with less than 1500 miles most loan companies will still consider it new (Depending on year as well) and give the lower new interest rate. I was able to get 1.9% new interest rate on a 2018 zl1 with 450 miles. If it had 1501 miles it would have been 3.7%.

Kmeleon · 08-07-2018, 12:20 PM

Quote:

Originally Posted by kttxz06

Agreed. Just shop around, you'll find a deal on a new one. Get a Costco membership btw. $3000 off if you have a membership.

Say what? I'm a Costco member how do I cash in on that?

Fraxum · 08-07-2018, 12:28 PM

OP I would go lightly used to at least partially save the initial depreciation hit. 100% for sure the smartest move. I would have done that but I could not find one within 500 miles in one of the colors + sunroof. But I did get about $9K off my new one.

Snakebt6 · 08-07-2018, 12:59 PM

The only thing I question about a used performance car with low miles is, is that the one Motor Trend used for their tests or a bunch of journalists tracked etc..

In theory the car is made to do all that and has a warranty etc.., so no big deal but I do question where a low mileage car like that comes from. I'm not sure how those review cars are broken in or prepared. Honestly id like to know.

One car Id like to know what happened to is the Nurburgring 1LE?

Where did that one wind up? Id image when it was done being tested it was sold as a used car.

You read about the old corvette race cars from the late 50s and early 60's being repainted new interiors and some stock mods being put back and them being sold as used cars. Kind of neat when you think about it.

*mlee* · 08-07-2018, 01:03 PM

Quote:

Originally Posted by Snakebt6

One car Id like to know what happened to is the Nurburgring 1LE?

I know what happened to the one that was part of the reveal at Daytona.

Snakebt6 · 08-07-2018, 01:04 PM

Are you driving it? LOL

JonDaddy82 · 08-07-2018, 01:22 PM

Been searching new high and low, just seems like the inventory is drying up and the big discounts have evaporated. Dammit!

*mlee* · 08-07-2018, 01:32 PM

Quote:

Originally Posted by Snakebt6

Are you driving it? LOL

not me

Quote:

Originally Posted by JonDaddy82

Been searching new high and low, just seems like the inventory is drying up and the big discounts have evaporated. Dammit!

Kind of what I like to see right now, but sucks for those looking for the deals. Sorry bout that.

BlaqWhole · 08-07-2018, 01:34 PM

Quote:

Originally Posted by shaffe

I just don't think I could. Especially a car that is only a year or two old. Makes me think it might have been a lemon, or it was beat to hell, or any other number of bad things to make someone get rid of it quickly.

Now a car 5 to ten years old that's had like one owner maybe I could do that, but a fairly new car I don't think I could.

Every time I think about it what comes to mind is that one nutcase in his brand new ZL1 sitting in the dealership lot roasting the tires like a complete ape. But of course when he sells it or trades it in, "oh never been abused", "babied from day 1", etc. I don't want something that someone else disrespected. I work too hard to spend my money that way. Sure there are warranties and such. But still.

Now a Z06, THAT I would buy used. For the most part people tend to take care of Corvettes.

mdmoore23 · 08-07-2018, 01:36 PM

It doesn't really matter man. There's no harm in buying used as long as you use common sense and go with your gut. Cars like this are much more often babied than beat on. I'd say go with the best deal you can find. Whether it's used or new would be secondary to me. I've bought both ways and never had an issue.

JonDaddy82 · 08-07-2018, 06:16 PM

Well boys I think I finally found the deal I'm after! Only problem is it's 647 miles (10.5) hours away. Not a problem, I like driving, I just only get two days off of work. SO!

U-Haul trailer and tow it home?

Fly in and drive it home?

Only problem with flying is that the closet airport is 100 miles away, and I kinda don't want to break the car in on a long highway ride like that.

08-07-2018, 12:28 PM	#20
Fraxum Drives: a M6 LT1 ordered From Becky!!! Join Date: Jan 2010 Location: NJ Posts: 7,520	OP I would go lightly used to at least partially save the initial depreciation hit. 100% for sure the smartest move. I would have done that but I could not find one within 500 miles in one of the colors + sunroof. But I did get about $9K off my new one. __________________ "Democracy Dies in Darkness" My LT1 Keeper ..... ..... My Car Blog CarPlayList, a free App to build USB and Android Music drives.

08-07-2018, 11:56 AM	#18
Markoz28 Drives: 18 ZL1 nightfall grey A10 Join Date: Apr 2018 Location: RGV Texas Posts: 1,527	if you buy a used car with less than 1500 miles most loan companies will still consider it new (Depending on year as well) and give the lower new interest rate. I was able to get 1.9% new interest rate on a 2018 zl1 with 450 miles. If it had 1501 miles it would have been 3.7%.

08-07-2018, 12:59 PM	#21
Snakebt6 Drives: Rally Green 2020 ZL1 1LE A10 Join Date: Jul 2018 Location: Jacksonville Florida Posts: 402	The only thing I question about a used performance car with low miles is, is that the one Motor Trend used for their tests or a bunch of journalists tracked etc.. In theory the car is made to do all that and has a warranty etc.., so no big deal but I do question where a low mileage car like that comes from. I'm not sure how those review cars are broken in or prepared. Honestly id like to know. One car Id like to know what happened to is the Nurburgring 1LE? Where did that one wind up? Id image when it was done being tested it was sold as a used car. You read about the old corvette race cars from the late 50s and early 60's being repainted new interiors and some stock mods being put back and them being sold as used cars. Kind of neat when you think about it.

08-07-2018, 01:04 PM	#23
Snakebt6 Drives: Rally Green 2020 ZL1 1LE A10 Join Date: Jul 2018 Location: Jacksonville Florida Posts: 402	Are you driving it? LOL

08-07-2018, 01:22 PM	#24
JonDaddy82 Drives: 2018 ZL1 Coupe NFG M6 Join Date: May 2017 Location: Nolensville, TN Posts: 618	Been searching new high and low, just seems like the inventory is drying up and the big discounts have evaporated. Dammit!

08-07-2018, 01:36 PM	#27
mdmoore23 Drives: 2017 ZL1 Join Date: Jun 2012 Location: Graniteville,SC Posts: 645	It doesn't really matter man. There's no harm in buying used as long as you use common sense and go with your gut. Cars like this are much more often babied than beat on. I'd say go with the best deal you can find. Whether it's used or new would be secondary to me. I've bought both ways and never had an issue.

08-07-2018, 06:16 PM	#28
JonDaddy82 Drives: 2018 ZL1 Coupe NFG M6 Join Date: May 2017 Location: Nolensville, TN Posts: 618	Well boys I think I finally found the deal I'm after! Only problem is it's 647 miles (10.5) hours away. Not a problem, I like driving, I just only get two days off of work. SO! U-Haul trailer and tow it home? Fly in and drive it home? Only problem with flying is that the closet airport is 100 miles away, and I kinda don't want to break the car in on a long highway ride like that.

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