03-13-2016, 11:53 AM | #1 |
Drives: none yet Join Date: Mar 2016
Location: Minnesota
Posts: 48
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Scarcity of 1LE models and value?
It seems the fully loaded models 2ss/rs are increasingly hard to find. To me they are the sexiest camero ever produced.
Do you guys think their value will hold better and possibly increase due to popular demand especially if chevy doesn't deliver in 2017? Last edited by zags; 03-13-2016 at 03:18 PM. |
03-13-2016, 01:10 PM | #2 |
Drives: Iron Lung, Jimmy Join Date: Jun 2009
Location: Louisiana
Posts: 1,449
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No.
Anybody who wanted one could have had one. But virtually nobody did. So there is no popular demand. In the short term its just a used car. Maybe in 20 years it will be valuable, but then again maybe not. |
03-13-2016, 01:42 PM | #3 | |
Drives: '14 2SS/RS Vert 6M/KTU/NPP/DTA/ARH Join Date: Jan 2014
Location: Indianapolis
Posts: 2,826
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Quote:
So, if you bought one, put a tarp over it and never drove it, it will one day be worth more than your purchase price. Otherwise, it has depreciated markedly. One potential curveball that should help is the 2025 CAFE standards that, for all practical purposes, outlaw V8s. What will the used V8 market look like when they are no longer made (a short 9 years from now)?
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Last edited by Indydriver; 03-13-2016 at 01:53 PM. |
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03-13-2016, 02:43 PM | #4 |
Drives: '14 2SS/RS Vert 6M/KTU/NPP/DTA/ARH Join Date: Jan 2014
Location: Indianapolis
Posts: 2,826
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Watching the KC Mecom auction. A Cherry 2002 Z28 convertible (final year of production!) sold for $5750. So there's 15 years worth of "appreciation".
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Consensus is, by definition, a lack of leadership.
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03-13-2016, 02:54 PM | #5 |
Drives: 17 SS 1LE Join Date: Dec 2015
Location: Houston
Posts: 1,920
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Doubtful, however it has the next best thing which is a strong resale. Something like the new 911R, now that will appreciate.
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03-13-2016, 03:06 PM | #6 |
Drives: none yet Join Date: Mar 2016
Location: Minnesota
Posts: 48
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I was thinking more at their current value not msrp value hold. Say a 2014 1le/2ss/rs with 30k now, what is the value in 5 years? Will it continue to decline to low 20s or stay relatively strong. Thanks for your input gentleman!
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03-13-2016, 03:11 PM | #7 |
The BBOMG fill-in husband
Drives: 2015 2SS/RS 1LE AKA V1LE Join Date: Aug 2010
Location: Elmira, NY
Posts: 4,458
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Is the LE1 a law enforcement model?
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UPSTATE C5 MEMBER
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03-13-2016, 03:17 PM | #8 |
ITCRNRS
Drives: 2018 ZL1 1LE Join Date: Jun 2012
Location: Wichita KS
Posts: 1,575
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If you find a LE1 model I would buy it since it will be a 1 of 1 car, im not even sure I've heard of one before now thanks for the info.
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2018 ZL1 1LE Ordered 6/29/17 Built 11/6/17 Delivered 12/7/17, Summit White, PDR, NAV, https://www.youtube.com/c/tylerpotter
SOLD: 2014 Summit White 1LE 2SS/RS, Recaros, NPP, NAV, KONI Yellow's SOLD: 2012 Black 2LT/RS, Fully 1LE swapped, Brembo swap |
03-13-2016, 03:19 PM | #9 |
Drives: none yet Join Date: Mar 2016
Location: Minnesota
Posts: 48
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03-13-2016, 04:41 PM | #10 |
Drives: 2015 Camaro SS 1LE Join Date: Aug 2015
Location: NY
Posts: 294
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Just saw a 2013 1le sell on Mecum auction for 38000
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2015 1LE Red Rock- Recaros, NAV, and NPP
BMR 1" lowering springs and Bilstein B6 monotube shocks/struts Rotofab CAI Elite engineering catch can Texas Speed 1 7/8 long tube headers and Cats GPI Rod mod and ported intake Ported throttle body JRE tune |
03-14-2016, 08:15 AM | #11 |
Drives: 2014 2LS (traded in) 2015 1SS 1LE Join Date: Apr 2015
Location: New York
Posts: 2,132
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This is the ONLY chance of these cars being worth more than you paid for them in your lifetime. LS3 is one of the last "non tampered with" (AFM) V8's
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03-14-2016, 12:15 PM | #12 |
American Gold Whisperer
Drives: 2014 White 1LE 2SS/RS/NPP/Rec/Nav Join Date: May 2014
Location: Northern Utah
Posts: 838
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My dealer has been pestering the crap outta me to trade it in. Just saying.
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03-14-2016, 12:38 PM | #13 |
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I've got every option except the sunroof. I bought it off the showroom floor... And it is my daily driver. Sometimes I wonder about driving a different car to get this one back into that showroom condition to hold value... But then that's 20k+ miles that I wouldn't have enjoyed the hell out of. My coffee runs are a blast! At the end of the day it's a car and I drive it like it's replaceable. In 2018 I'll likely be looking at trading into a 6th gen 1LE anyway and this 100k+ 5th gen will find a home with a teenage car nut.
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03-14-2016, 12:41 PM | #14 | |
Drives: 2014 Camaro 2SS 1LE NPP Join Date: Nov 2013
Location: Hartsdale, NY
Posts: 1,434
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Quote:
You could be driving an '88 Chevy Corsica originally painted in SB (Shit Brown) but now a wonderful collage of junk-yard colors, with a falling headliner, a transmission that only knows Park and Reverse, the full under-body rust treatment, and a heroin needle poking out of the center armrest and your salesman, if he thought you could afford a vehicle on his lot (any one, doesn't matter to him), would be pestering the crap outta you to trade in your Corshitca.
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My thoughts on some things:
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