ARE USED ZL1'S SELLING GOOD? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Bigtime53 · 06-05-2015, 04:28 PM

I am just wondering are used ZL1's selling now? I read this board alot each day and I know there are a few who have bought used but it seems like there are not as many as before. Do you think the ones who might be thinking about buying one are holding out to see what GM is going to do about offering a gen 6 ZL1 or what? Or does the economy suck now? Where I live our state depends alot on the oil and gas companies to be going and since gas has dropped they have laid off people like crazy. I know guys who were working and were buying razors,trucks,cars and fifth wheel campers etc and now the finance companies are picking them up because these guys lost their jobs. So I know other parts of the country are not like this area so is money just tight everywhere?

bork_bork · 06-05-2015, 05:14 PM

I've been looking around and see a lot for sale in the 40-45 range but not a lot sold. You can find new 13s for under 50 and new 15s for 52. I think for the current price difference people will just buy new.

ZMEnow · 06-05-2015, 05:23 PM

Quote:

Originally Posted by Bigtime53

I am just wondering are used ZL1's selling now? I read this board alot each day and I know there are a few who have bought used but it seems like there are not as many as before. Do you think the ones who might be thinking about buying one are holding out to see what GM is going to do about offering a gen 6 ZL1 or what? Or does the economy suck now? Where I live our state depends alot on the oil and gas companies to be going and since gas has dropped they have laid off people like crazy. I know guys who were working and were buying razors,trucks,cars and fifth wheel campers etc and now the finance companies are picking them up because these guys lost their jobs. So I know other parts of the country are not like this area so is money just tight everywhere?

Money is as as good as it has been in 8 years, and interest rates will edge up October to prove that point. Jobless rates are equal to May of 2008 at 5.5% compared to the 14 year low of 3.9% in Sept of 2000, compared to 10% in Oct 2009. Unfortunately just like rain, everybody doesn't get it when they need it most..

Redlineviper · 06-05-2015, 05:53 PM

Quote:

Originally Posted by ZMEnow

Money is as as good as it has been in 8 years, and interest rates will edge up October to prove that point. Jobless rates are equal to May of 2008 at 5.5% compared to the 14 year low of 3.9% in Sept of 2000, compared to 10% in Oct 2009. Unfortunately just like rain, everybody doesn't get it when they need it most..

Those numbers are a bit off but that is a different subject.

Used ZL1's are selling fast if the price is right.

Brownster · 06-05-2015, 06:32 PM

Quote:

Originally Posted by ZMEnow

Money is as as good as it has been in 8 years, and interest rates will edge up October to prove that point. Jobless rates are equal to May of 2008 at 5.5% compared to the 14 year low of 3.9% in Sept of 2000, compared to 10% in Oct 2009. Unfortunately just like rain, everybody doesn't get it when they need it most..

Drink some more cool aide.

Bigtime53 · 06-05-2015, 06:44 PM

Quote:

Originally Posted by Redlineviper

Those numbers are a bit off but that is a different subject.

Used ZL1's are selling fast if the price is right.

Well what price is good for a 13 model with 3900 miles,auto trans,no moonroof and no nav? I have seen 41k to 49k so is that about right?

Robbie1227 · 06-05-2015, 07:07 PM

I just purchased a nice 2013 ZL1 for $42,000 even with 8,600 miles.
It's awesome, as I was about to purchase a brand new build for probably $60k
Now I have extra money for the MODS!

Shark72 · 06-05-2015, 08:08 PM

I think (I know options are like A$$holes) the new gen 6 Camaro has an immediate effect on current prices but it will not last long. It will be a 2-3 years at least before the gen 6 gets anywhere near 580 hp, if it does at all. The Gen 5, ZL1 is history and those who are fortunate enough to own one know what I mean.

Highland Ranger · 06-05-2015, 08:15 PM

Lets hope the gen 6 does indeed have a ZL1 and one with more horsepower.

ZMEnow · 06-05-2015, 10:15 PM

Quote:

Originally Posted by Redlineviper

Those numbers are a bit off but that is a different subject.

Used ZL1's are selling fast if the price is right.

The numbers are from the Department of Labor http://data.bls.gov/pdq/SurveyOutputServlet

Now could they fudge the numbers, sure, but those are still the numbers..

Labor Force Statistics from the Current Population Survey
Series Id: LNS14000000
Seasonally Adjusted
Series title: (Seas) Unemployment Rate
Labor force status: Unemployment rate
Type of data: Percent or rate
Age: 16 years and over

hotlap · 06-05-2015, 10:40 PM

Quote:

Originally Posted by ZMEnow

The numbers are from the Department of Labor http://data.bls.gov/pdq/SurveyOutputServlet

Now could they fudge the numbers, sure, but those are still the numbers..

Labor Force Statistics from the Current Population Survey
Series Id: LNS14000000
Seasonally Adjusted
Series title: (Seas) Unemployment Rate
Labor force status: Unemployment rate
Type of data: Percent or rate
Age: 16 years and over

Also consider labor force participation and the picture doesn't look as good

DDoug · 06-06-2015, 03:13 AM

Not as well as GT500's are.

Bigtime53 · 06-06-2015, 08:16 AM

Quote:

Originally Posted by DDoug

Not as well as GT500's are.

You know you are right about this and I almost bought one instead of the ZL1 I have, It is ashamed that they do sell better when a ZL1 is a better car I think. I have always been a diehard chevy fan no matter what but that damn mustang just always seems to bring more money faster than the camaro in a shorter amount of time. I think the stang is a good looking car but that is about it. I guess it appeals to more buyers than the camaro does?

*007 · 06-06-2015, 11:03 AM

Fully UNreported and those who have fully dropped out are NOT included in the "published" rate of 5.5%. Even higher depending on the demographics... So the 5.5 is just a mirage and a smokescreen for what is really happening across the country.

I believe there are enough buyers for your ZL1. It's just a matter of exposure.

06-05-2015, 04:28 PM	#1
Bigtime53 Drives: 2013 ZL1 Join Date: Mar 2013 Location: Oklahoma Posts: 2,301	ARE USED ZL1'S SELLING GOOD? I am just wondering are used ZL1's selling now? I read this board alot each day and I know there are a few who have bought used but it seems like there are not as many as before. Do you think the ones who might be thinking about buying one are holding out to see what GM is going to do about offering a gen 6 ZL1 or what? Or does the economy suck now? Where I live our state depends alot on the oil and gas companies to be going and since gas has dropped they have laid off people like crazy. I know guys who were working and were buying razors,trucks,cars and fifth wheel campers etc and now the finance companies are picking them up because these guys lost their jobs. So I know other parts of the country are not like this area so is money just tight everywhere?

06-05-2015, 07:07 PM	#7
Robbie1227 Drives: 2015 Camaro Z28/2016 Jeep Sahara Join Date: Mar 2010 Location: South Florida Posts: 544	I just purchased a nice 2013 ZL1 for $42,000 even with 8,600 miles. It's awesome, as I was about to purchase a brand new build for probably $60k Now I have extra money for the MODS! __________________ 2015 summit white Z28 #120 TRK DAY -Sun-Tek PPF-C protection film on 2/3 of the car, Moreno Camber plates, American Racing 2" ceramic coated LT headers and X-pipes with No Cats, Taylor red performance wires, NGK plugs, BTR Stage III Cam, MSD Atomic intake, Nick Williams 102mm throttle body, Stage 2 CNC Ported Heads by WCCH, MGW short throw shifter, oil catch can, and a dyno tune to get me to 587 RWHP and 516 RWTQ GONE: 2013 Summit White Camaro ZL1 M6 Roto-Fab CAI, Kooks headers and CAT delete, ATI damper and 10% pulley and balancer! Results: 576 RWHP - 540 RWTQ

06-06-2015, 03:13 AM	#12
DDoug Drives: '13 Inferno Orange ZL1 Convertible Join Date: Jul 2013 Location: The 313 Posts: 437	Not as well as GT500's are. __________________

06-06-2015, 11:03 AM	#14
*007 Drives: Getaway Special Join Date: Jan 2013 Location: Globe Trotter - CIU Posts: 398	90 Million out of workforce.... Fully UNreported and those who have fully dropped out are NOT included in the "published" rate of 5.5%. Even higher depending on the demographics... So the 5.5 is just a mirage and a smokescreen for what is really happening across the country. I believe there are enough buyers for your ZL1. It's just a matter of exposure. Attached Images __________________ Sip:

06-05-2015, 05:14 PM	#2
bork_bork Drives: 2013 ZL1 M6 Convert Triple Black Join Date: Feb 2014 Location: Simpsonville SC Posts: 408	I've been looking around and see a lot for sale in the 40-45 range but not a lot sold. You can find new 13s for under 50 and new 15s for 52. I think for the current price difference people will just buy new.

06-05-2015, 08:08 PM	#8
Shark72 Drives: '16 Z06/Z07, '15 Z/28,1972 Stingray Join Date: Feb 2013 Location: Drivers Seat Posts: 837	I think (I know options are like A$$holes) the new gen 6 Camaro has an immediate effect on current prices but it will not last long. It will be a 2-3 years at least before the gen 6 gets anywhere near 580 hp, if it does at all. The Gen 5, ZL1 is history and those who are fortunate enough to own one know what I mean.

06-05-2015, 08:15 PM	#9
Highland Ranger Drives: 2014 CRT Convertible ZL1 Join Date: Nov 2013 Location: NW NJ Posts: 377	Lets hope the gen 6 does indeed have a ZL1 and one with more horsepower.