Quote:
Originally Posted by m6-lt1
Unfortunately, as you said the average price of a car is approaching 50k. Even if this car is badged as a Chevy I think starting price will be 55k-60k. Imo that’s too much and I under all cars are expensive now. I’m officially priced out of the new car market. Instead of spending 60k on an NA V8, I’d rather spend 40-60k on 10 year old supercharged V8’s that won’t depreciate like a brick after I buy it.
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Price creep (leap?) is happening no matter what GM decides to do with the Gen VI V8. The average cost of a new vehicle in the US in December was $50,325. Yup, we done crossed the 50 mark.
The way automakers and dealers are bridging this is to focus on the monthly payment. I remember when average car loan term was 36 months. Then 48. Now it's 60 with a lot of 72 month loans and there are already a few examples of 84 month loans. So, from 36 months to 84 months in my car-buying lifetime. Sheesh.
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2017 CAMARO FIFTY SS CONVERTIBLE
A8
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