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-   -   Tomorrow might finally be my day... (http://www.camaro5.com/forums/showthread.php?t=316564)

AdamEL 09-04-2013 12:41 AM

Tomorrow might finally be my day...
 
1 Attachment(s)
I've posted a few threads before about upgrading to an SS, but the deals never lined up like I wanted them to, or the SS I was looking at would have been "settling", or whatever you'd like to call it. Well, yesterday I found one online that seems to be 100% perfect. It's exactly what I wanted. It's a 2010 1SS/RS in Victory Red, manual, with only 5,000 miles on it. It's in mint condition, too. It's located on a small lot in town, and I contacted my friend who works at a big local lot, and they worked out a deal to buy it from the small lot and resell it to me so I can finance it through them and all that. I've already been approved for the deal at the dealer, and my wife has given in [sort of] and said that she was okay with me getting it...

I can show up at the dealership in the morning and have the SS in my hands by the afternoon. Everything about this car is just right. I want it so bad. But I'm a little nervous about going upside down from my other Camaro, and the payment will be a little on the larger side. I can afford it, but it will make things a little tighter for us, for sure. But I feel like this is a car that I shouldn't pass up. It is exactly what I wanted. If I wait until I'm not upside down in my current Camaro, I don't think I'll be able to find one this nice. Anybody got any thoughts on that?

I'm still just slightly on the fence about it. But I'm pretty sure it will be mine tomorrow...

paul44 09-04-2013 01:00 AM

Do it! The SS is worth it...congrats in advance :thumbup:

Squillo 09-04-2013 01:16 AM

Good luck with your decision. Don't short change the rest of your life for a car though IMHO.

JCunningham 09-04-2013 01:25 AM

I found that there is lots of low low mileage 10s out there. I almost got one that was better then new with 2000 miles on it right befor I got my new one. dealer sold it to a cash buyer while I was waiting for financing. but im upside down on mine big time. Traded a 12 Silverado 6.2l 4x4 ext cab in for it

PalmerGA 09-04-2013 06:11 AM

As someone who was "upside down" on car payments for most of the 90s, all I can advise is DON'T DO IT, especially if your budget is tight. I bought 3 vehicles in a 8 or 9 year span and got more upside down on each one. I finally saved enough cash over several years to where I could finance a new vehicle and get "rightside up" on a new '02 Dodge Ram. Since then I have saved like a maniac and managed to pay CASH for my last 3 vehicles - all brand new.

You said "I can afford it, but it will make things a little tighter for us, for sure". So there are others (loved ones, I assume) you should be concerned about which makes it an even less intelligent thing to do.

Save your money. Pay off that current loan more quickly by adding something to the principal each month (no matter how little). It may take a few years but you'll be glad you did - and there will be plenty of beautiful like-new Camaros out there when you can truly afford one.

Good luck!

Warpaint69 09-04-2013 06:13 AM

Something I learned a long time ago, if you find something you want just buy it. More times than not later on you're kicking yourself for not buying it and or pissed because you cannot find exactly what you want since you waited.

stikSS 09-04-2013 06:16 AM

You'll probably find out that you're not as upside down as you think unless you rolled in negative equity from your previous vehicle or your current car has a ton of miles on it. Go for it.... you won't ever know unless you try.... and if its too much then say no.

whemming 09-04-2013 06:56 AM

You only live once!

myold88 09-04-2013 07:59 AM

AdamEL: Lots of red flags here. Where did this car come from ? Small dealers
usually get their cars from auctions- Do a CarFax report
Also sounds like your going under on your current Camaro. There's lots of
used Camaros out there- You may be getting in over your head dollar wise imo.

436SS 09-04-2013 08:02 AM

You said "I can afford it, but it will make things a little tighter for us, for sure". So there are others (loved ones, I assume) you should be concerned about which makes it an even less intelligent thing to do.

Save your money. Pay off that current loan more quickly by adding something to the principal each month (no matter how little). It may take a few years but you'll be glad you did - and there will be plenty of beautiful like-new Camaros out there when you can truly afford one.

Good luck![/QUOTE]


^^^^^^This
No need in being car poor. If you are on the fence, then its probably not a good idea. Think of it this way; when you are truly ready, there will be something out there much better anyway. Dont complicate/stress your financial situation.

AdamEL 09-04-2013 08:21 AM

Man... So many correct responses here. Now I'm super torn. I have to make up my mind by lunch time. We'll see.

Sikoriko 09-04-2013 08:26 AM

Why would you want to start all over with more payments?

DesertCamaro 09-04-2013 08:34 AM

Are you putting any $$ down on the deal? Maybe hit up some family members or pull a little out of your 401k so you're not upside down. Just a thought.

Mmar88 09-04-2013 08:34 AM

ok i was in a similar situation when i bought mine...not with being upside down on my trade but on the tighter living thing. i was paying 350/month for my '09 G8 GT and traded it in ($5000) downpayment on my camaro 1LE and it almost doubled my car payments. i can afford the $650/month i pay now but it was definitely an adjustment. you have to ask yourself if its worth giving up the things you would use that money for. for me it was and for you it may not be. its all about priorities. best of luck with your decision! and think about it this way...if you dont buy it, you still have a nice camaro!!

tonyko1 09-04-2013 08:51 AM

Ditto, don't do it. Think of it this way: Pay off your present car and their will be a 2012 with 5000 miles on it in 2yrs and you will be that much ahead.

It is like buying "too much house", so much so that you can't afford to go out and have dinner and a movie or whatever so you are stuck in the house....you start hating the house real quick, and it doesn't help the relationship either.


P.S., the pic you have of the Camaro is a 2SS, as the SS badge is red. A 1SS will be silver...

Mmar88 09-04-2013 08:57 AM

the red ss just means it has the RS package. it could be a 1 or 2 if im not mistaken

Denis 09-04-2013 09:00 AM

i would wait. no reason why another car wont come around later down the line. thats what i would do anyway.

nyrfan 09-04-2013 09:01 AM

It's very easy for people to spend other people's money. I am with the ones that say wait until you are not going to be upside down and 100% confident with your payments.

redhotcandy 09-04-2013 09:02 AM

I'm so glad I read this thread this morning! I'm in the same (almost) predicament as you are...been looking at 2SS/RSs for a couple of months now and would love to get one. I really love my V6, so I don't HAVE to get rid of it, I've really personalized it and made it mine, but since I drove the SS, I do like it a lot. Can't seem to get the deal I want with two that I've driven and liked. Working on a deal with another one right now, but I'm not sure if I should do it right now. I'm not upside down, but I'm leaning toward just paying off my V6, then getting an SS; however, my mileage is climbing, only making mine worth less. I did find that when I took an SS home over a weekend awhile back, that it took A LOT more gas than my V6 which is a concern since I will be moving soon and my commute will be longer. Did find out tho, that my insurance would actually go down a bit.
So, I'm back to being on the fence like you...good luck with your decision. :confused:

TPAJETSKI 09-04-2013 09:46 AM

Sounds like you should wait. If your wife isn't 100% on board, it WILL come back to bite you. That's before even getting into the financial disaster you are creating for yourself. Like a previous poster, I was always upside down on my vehicles mostly because I refused to put any money down. Now when I buy I make sure that I won't be upside down the minute the ink dries. My payment isn't nearly as large as some of the payments people have mentioned here, but there is a moment every month as I click "submit payment" that I think to myself, dang, that would be a decent boat payment.

Comrando 09-04-2013 09:48 AM

Quote:

Originally Posted by tonyko1 (Post 6977339)
Ditto, don't do it. Think of it this way: Pay off your present car and their will be a 2012 with 5000 miles on it in 2yrs and you will be that much ahead.

There will always be another nice car.

Quote:

It is like buying "too much house", so much so that you can't afford to go out and have dinner and a movie or whatever so you are stuck in the house....you start hating the house real quick, and it doesn't help the relationship either.
Our agent tried that and I gave him almost the same answer plus, "What if we need food and clothes?"

Quote:

P.S., the pic you have of the Camaro is a 2SS, as the SS badge is red. A 1SS will be silver...
No, a 1SS with RS is red.

http://www.camaro5.com/forums/pictur...ictureid=48672

FaytalsCamaro 09-04-2013 10:06 AM

SS badge only changes color according to the RS package. If no RS package on the car it will be White. If it has the RS package it will be red regardless of 1SS or 2SS.

digdeep0169 09-04-2013 11:28 AM

congrats! (if you get it) i just picked up my 45th anniv SS - 2012 with 653 miles on it! Love her!!!!

45thCamaro 09-04-2013 11:37 AM

Quote:

Originally Posted by digdeep0169 (Post 6977786)
congrats! (if you get it) i just picked up my 45th anniv SS - 2012 with 653 miles on it! Love her!!!!

Congrats on the 45th. I love mine :)

ssrs2lt 09-04-2013 11:43 AM

If you're on the fence then back away from the upgrade.


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