04-17-2016, 08:37 AM | #1 |
Drives: 2017 1LT RS Convertible V6 A8 Join Date: Dec 2014
Location: Central Michigan
Posts: 280
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Resale value is toast on Gen 5
I had some spare time the other day and went trolling the local Chevy dealer to peruse the new Camaro selections. They had a 15 LT RS left in stock that the sticker price was over 31k and was now marked down to 21k! There goes my resale value! Great buy for someone.
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04-17-2016, 09:13 AM | #2 |
#PrimeCamaros
Drives: IOM '10 Camaro SS Join Date: May 2014
Location: Minnesota
Posts: 474
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Probably shouldn't have went with the base model if you're worried about resale value anyways..
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instagram: @IOMsupersport // @PrimeCamaros
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04-17-2016, 09:21 AM | #3 |
Banned
Drives: 2012 2SS INFERNO ORANGE Join Date: Apr 2015
Location: sweden
Posts: 1,843
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04-17-2016, 09:29 AM | #4 |
Drives: 2015 camaro 1le Join Date: Jun 2015
Location: pasco wa
Posts: 233
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I went to the dealer with my 2ss rs 1le with 4k miles and they said 27k trade in. Fml
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04-17-2016, 09:39 AM | #5 |
Drives: SUMMIT WHITE 2SS/RS CAMARO Join Date: Feb 2008
Location: 2018: Lakewood Ranch, Fl.
Posts: 8,112
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I'm not complaining about depreciation. I paid MSRP back in the Summer of '09
for my new fully loaded SS I ordered. ($38,400.00). I figure it has cost me about $3,000.00 a year to drive this great car so far, and worth every penny imo.
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04-17-2016, 09:46 AM | #6 |
Drives: 2011 Camaro 2SS/RS Join Date: Oct 2013
Location: San Jose, California
Posts: 1,371
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I'm planning on picking up a second 5th gen in the next couple years. This would be good news for me. Will be looking for a Rally Yellow 2SS convertible to with my coupe. If the prices drop enough, it might be a ZL1 instead.
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04-17-2016, 10:16 AM | #7 |
Drives: 2012 VR GFX SS/RS M6 Convertible Join Date: Mar 2015
Location: Orlando, Fl
Posts: 91
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Kinda the same plan with me. looking for a 2SS or 1LE 6M to go with my DD vert
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04-17-2016, 10:47 AM | #8 |
Drives: 2010 Turbo LS3 Join Date: Dec 2009
Location: Palm Bay, FL
Posts: 2,729
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My 14 year old daughter wants one. Cheapest SS I can find is 17-18k. I'm hoping they go down a bit more before it's time to buy.
I figure I'll just put a tune on it that sets the rev limiter at about 2700 RPM until I'm convinced she can drive, which could be when she's 30.
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2010 SS - On3 kit with downpipe cutout, CTR 78/80, CompCam 239/251 620/632 122+4, E85, Z28 suspension and ZL1 diff with Outlaw axles. Gen6 ZL1/1LE brakes.
2011 Vert - 416/w 230/236 .612/.602 115lsa, 1LE suspension w/32mm rear bar. Z28 diff. ZL1 brakes. |
04-17-2016, 11:20 AM | #9 |
ultracrepidarianism
Drives: '14 1SS/RS/1LE/NPP '18 Accord Sport Join Date: Mar 2014
Location: where folks drive like shit
Posts: 1,297
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ǝpɐɹʇ ɐ uo uʍop ǝpᴉsdn ǝq oʇ sʞɔns
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04-17-2016, 11:25 AM | #10 |
Banned
Drives: 2012 2SS INFERNO ORANGE Join Date: Apr 2015
Location: sweden
Posts: 1,843
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the v6 will never be a desirable car...if you want to hold value u need to have the v8 with leather imho..
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04-17-2016, 11:43 AM | #11 |
Drives: 2011 Camaro 2SS/RS Join Date: Oct 2013
Location: San Jose, California
Posts: 1,371
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I guess my car won't be desirable. My 2SS has "leather", but I bought new cloth seat fabric from a 1SS to replace it with. I wish an upgraded cloth interior was an option for the 2SS. I'd actually pay more for that than an equivalent car with leather.
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04-17-2016, 12:03 PM | #12 |
Drives: 2020 GMC Sierra AT4 Join Date: Jul 2013
Location: Hanover, PA
Posts: 3,278
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I'm seeing $17,000-$19,000 for a 2010 2SS on trade in value via BlackBook/NADA. I'm sure blue book is a tad higher but dealers laugh at BlueBook. But sale values on dealers lots are $22k-$25k unless you want one with a 85k miles from a hole in the wall dealer and then it's $18,000.
The question on the leftover 2015's are whether they are marked down or if they are just showing maximized GM rebates in which almost everyone won't qualify for them all. I've seen $2500 rebates on leftover 15 SS's but the rest of the markdown that totals another $2500 is GM supplier, military, college, etc rebate's all added together.
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2023 Camaro 2SS 1LE Summit White
1100 - 3/23/2023 2000 - 3/27/2023 3000 - 3/28/2023 3400 - 4/12/2023 — 4/24 TPW 3800 - 4/28/2023 5000 - 5/30/2023 6000 - 6/03/2023 2020 GMC Sierra AT4 6.2L Black |
04-17-2016, 01:26 PM | #13 | |
Yee-aay-ee!
Drives: 2015 2SS/RS CV CE Join Date: Nov 2015
Location: ORegon
Posts: 2,520
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Quote:
New 2015 Chevrolet Camaro SS Seattle, WA New 2015 Chevrolet Camaro 2dr Coupe SS Owings Mills, MD
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04-17-2016, 01:27 PM | #14 |
Resident nomad
Drives: 2014 Summit White 1SS/1LE Join Date: Nov 2015
Location: Gilbert, AZ
Posts: 1,766
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Is any American car holding it's value well? I've owned several muscle cars in the last decade, and while the depreciation has been slowed in most, they aren't collector cars in any sense of the word, especially until they are 20+ years old. Except for a few model specific types, it's across the board. That's while I love buying a lightly used cars of this type. The majority of the quick depreciation is over in the first 2-5 years, then it slows so there's not so much of a sticker shock when you unload it....
I love the 1LE so far, and will probably keep it longer than most of my transient stable....
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Sold:
2007 Z06 2002 Viper GTS/ACR 2003 Z06 1965 FFR Cobra 2012 Nissan 370Z ADM LSA Stage II, Roto-Fab CAI, Kooks LTH/HFC's, Phastek CC, ported TB, Mishimoto radiator and oil cooler, BC Racing ER Series CO's, JPSS 32mm Black Magic rear bar, JPSS front inserts, R1 Concepts Premier slotted rotors/Goodrich SS lines, Schroth ASM harness, MGW flatstick, Brey-Krause HB, Tuned by NicD, at Cordes Performance Racing. |
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