12-03-2019, 11:17 AM | #1 |
Drives: 2018 Camaro 1SS 1LE Join Date: Apr 2019
Location: NC
Posts: 128
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Thinking of downgrading and trading in my 2018 1SS 1LE
Bought my HBM 2018 1SS 1LE this year as CPO. Traded in a BRZ that I had for a few years. I am not super attached to this car as I thought I would be. I enjoy it, but frankly I wouldn't be sad if it goes away. And I am wanting to start a family in the next 2 years. It has almost 12,000 miles.
I have been toying with the idea of trading it in for a car in the $15k-20k range. Like a cruz or something. Then before the Camaro model gets postponed for abit possibly; buy a 2023 ZL1 1LE, if I am still well off. It just doesn't seem like the market is that great for this car right now. I drive this car everyday and it is financed for the next 4 years. What kind of hit can be expected should I trade in? Any advice? I am curious if someone has done something similar. |
12-03-2019, 11:19 AM | #2 |
Drives: SS 1LE Join Date: Oct 2017
Location: Miami
Posts: 321
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People on the facebook page report great deals happening on ZL1 1LEs right now. Might want to just trade in for one and hold it. Also, have you used it for autocross or track yet? My love for the car grew exponentially after the first autocross.
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12-03-2019, 11:26 AM | #3 | |
Drives: 2018 Camaro 1SS 1LE Join Date: Apr 2019
Location: NC
Posts: 128
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Quote:
More so I want a more friendly daily driver and I am not as into this car as I thought I would be. |
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12-03-2019, 11:52 AM | #4 |
Drives: 2018 1SS 1LE Join Date: Apr 2018
Location: Mpls, MN
Posts: 428
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Well, it's winter in most of the country so the market for any RWD sports car isn't the best.
If the car just isn't doing it for you anymore I'd say trade it in, assuming the dealer will give you a fair price.
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2018 1SS 1LE (sold) |
12-03-2019, 12:17 PM | #5 | |
Drives: 2018 Camaro 1SS 1LE Join Date: Apr 2019
Location: NC
Posts: 128
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Quote:
The car is great and it is fun. That being said I'm completely fine with the idea of it going away. |
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12-03-2019, 12:53 PM | #6 |
What speed limit?
Drives: 2017 SS 1LE Join Date: Jul 2019
Location: Dallas
Posts: 245
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What about it don't you like in particular, there's a vast difference in having a M6 V8, then going to a 4 Cyl Chevy Cruze. I understand you say you are not attached, but is there something you are displeased about in particular? lack of interior room, refilling the car every 3-4 days, outward visibility concerns? It would seem as if you are wanting a cheap daily, and to potentially keep the 1LE as a weekend warrior in my opinion. That way you actually get some enjoyment out of driving it.
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12-03-2019, 01:18 PM | #7 |
Drives: 22' Porsche PDK GT4 Join Date: Mar 2018
Location: Bay Area
Posts: 2,014
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It sounds like maybe it is more of an expense then you want long term.
As amazing as the SS 1LE is in performance, it is the opposite in resale value. These cars at certain times of the year were almost $8K to 10K off MSRP when new, this destroys the resale value. GM performance cars (including the Corvette's) are great bargains for the consumer, but you have to know that unless you put A LOT down, you are going to be upside down for quite a long time.
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Current:
22' Porsche PDK GT4 (MCS 2-way remote dampers) Previous: 18' NFG 2SS 1LE (ZL1 1LE solid rear cradle bushings & Corsa Exhaust) 16' F80 M3 (Ohlin R/T Coilovers) 13' Audi TTRS (APR Stage 1, MSS Springs) 09' C6 Z06 08' E90 M3 06' 335i (KW V2 Coilovers) 03' C5 Z06 |
12-03-2019, 01:24 PM | #8 | ||
Drives: 2018 Camaro 1SS 1LE Join Date: Apr 2019
Location: NC
Posts: 128
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12-03-2019, 03:18 PM | #9 | |
What speed limit?
Drives: 2017 SS 1LE Join Date: Jul 2019
Location: Dallas
Posts: 245
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Quote:
FWIW I put 13.5 down on mine used 2017 with 5k miles (paid 32.5 out the door), I expect to have some equity in the car as it sits. Think I owe around 20k with interest still. The lady and I are expecting to buy a house this coming year, but I had been saving for a Camaro for a few years. Good luck on the future, maybe you'll pick up a C8 instead |
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12-03-2019, 05:43 PM | #10 | |
Account Suspended
Drives: Camaro SS 1LE Join Date: Aug 2018
Location: Phoenix
Posts: 1,538
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12-03-2019, 05:49 PM | #11 |
Drives: 2018 Camaro 1SS 1LE Join Date: Sep 2018
Location: Front Range, CO
Posts: 1,868
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Yeah, if you're not into autox, track driving, have curvy rural or mountain roads to drive on, the car would never see it's potential so why bother? I wouldn't want to commute in it, that's for sure.
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12-03-2019, 09:14 PM | #12 |
Drives: SS Join Date: Sep 2016
Location: Fairfield, CA
Posts: 120
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I would try selling it private party first. You should see a couple grand more that way.
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2017 HBM 1SS 1LE w/PDR
Past: 2009 Cadillac CTS-V, 6-speed manual 2008 Corvette Jet Steam Blue, manual 2005 Cadillac CTS-V, Stealth Gray 2003 Corvette Z06, Black |
12-04-2019, 12:18 AM | #13 |
Drives: like an old lady Join Date: Jun 2012
Location: indiana
Posts: 2,396
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consider sales tax. if that’s all the more he’d get, might be better off trading it in.
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2016+ camaro: everyone’s first car
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12-04-2019, 12:44 AM | #14 |
Drives: like an old lady Join Date: Jun 2012
Location: indiana
Posts: 2,396
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judging by the for sale forum here, the 1LE needs its own section.
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2016+ camaro: everyone’s first car
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