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Old 02-06-2016, 06:00 AM   #1
polizzio
 
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Well this makes me feel all warm and fuzzy about Camaro resale values...

Brand new 2015 LS V6 auto Camaro at my local dealer for < $20,000 brand new. No wonder my 41 month old impeccable condition 2012 LT is worth about half of what I paid for it.

http://www.rossdowningchevrolet.com/...-LA/2590459383
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Old 02-06-2016, 06:19 AM   #2
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Ditto Z28s. People paid $70,000 plus two years ago, right now you can buy a brand new 2015 Z28 for $60,000.....used very low mileage 2015s for < $55,000. Lots of em available too. So there is some real consolation to purchasing the lower price V6 camaro.....I feel a little better now.

http://www.autotrader.com/cars-for-s...19078221&Log=0
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Old 02-06-2016, 06:22 AM   #3
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Ross Downing always has great deals.
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Old 02-06-2016, 06:30 AM   #4
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I test drove the black 2015 Z28 they have on the lot about a month ago, its still sitting there. Hell of a machine but with the values plummeting like I see...........no thanks. Got to stay away from Ross Downing........far away.

r u located in Hammond too?
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Old 02-06-2016, 06:54 AM   #5
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No, I'm in Lafayette.
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Old 02-06-2016, 07:08 AM   #6
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No, I'm in Lafayette.
Great town. Festival capital. Friendly folks.
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Old 02-06-2016, 07:19 AM   #7
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Yeah, it's a great town. Never bought from Ross, but used their ads to get my local dealer to lower prices 3 times. Saved 20% or more on my 04 Sierra, 04 Tahoe, & 11 Silverado due to those ads. Crew cab Silverado on their site for 28% off MSRP right now!
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Old 02-06-2016, 07:21 AM   #8
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Stay above water on your equity and there is nothing to worry about
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Old 02-06-2016, 08:11 AM   #9
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Quote:
Originally Posted by polizzio View Post
Ditto Z28s. People paid $70,000 plus two years ago, right now you can buy a brand new 2015 Z28 for $60,000.....used very low mileage 2015s for < $55,000. Lots of em available too. So there is some real consolation to purchasing the lower price V6 camaro.....I feel a little better now.

http://www.autotrader.com/cars-for-s...19078221&Log=0

Looking at the pictures on that link...

I didn't know 2015 Z/28's came equipped without MyLink. Is that true for ALL Z/28's?
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Old 02-06-2016, 08:20 AM   #10
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Looking at the pictures on that link...

I didn't know 2015 Z/28's came equipped without MyLink. Is that true for ALL Z/28's?
I believe it is....all the Z's I have seen didn't have it.
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Old 02-06-2016, 09:08 AM   #11
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Stay above water on your equity and there is nothing to worry about
That's BS. Lets say I bought a Z cash in 2014 and see $25,000 depreciation in 2 years, I'm really really disappointed. And that's IF you can sell it in today's market.

I purchased my 2012 cash, and 3.5 years later its worth MAYBE half what I paid for it. That is serious depreciation buddy. So many used camaros out there for sale. Either leases or people tire of them quickly.

And lets say you finance a new camaro...if you don't put down at least 20%, you're going to see negative equity pretty quickly.
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Old 02-06-2016, 09:16 AM   #12
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Quote:
Originally Posted by RedRock 2SS/RS View Post
Looking at the pictures on that link...

I didn't know 2015 Z/28's came equipped without MyLink. Is that true for ALL Z/28's?
Yes.
Z/28's come standard without radio & AC but those two items are options a buyer can order. If you do order the radio option, it is the same unit that was in the 2010-2012's (no screen).


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Old 02-06-2016, 09:24 AM   #13
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Stay above water on your equity and there is nothing to worry about
How do you do this with an automobile??
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Old 02-06-2016, 09:44 AM   #14
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How do you do this with an automobile??
If you owe more than it's worth, that's what he means and he is right. The depreciation on our Camaros is nothing new. Buy a brand new vehicle, get a decent deal on it, the only way to get your money's worth out of it is to keep it, drive it, enjoy it and don't worry about what's it worth.
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