08-21-2011, 04:09 PM | #1 |
Drives: Camaro 2SS IBM/Grand Prix Join Date: Jan 2009
Location: Jacksonville, FL
Posts: 123
|
Would you buy a car to only keep for 6 months?
So I have the option of buying a cyber gray 2SS convertible for only $33,000 (plus taxes). Given how hot the used car market is and how well these cars are retaining their value, it's a steal. So my question is, do you think I should go though the hassle of buying a car (also need to have it shipped from DC to Jacksonville, FL) to only keep it 6 months? I've never had a convertible before and want to see how I like it. But even if I love it, I'd probably want to get it in RJT or IBM if it was going to be a car I'd keep forever. Plus, the car isn't configured exactly as I want--I've always liked the idea of planning ahead, have the dealership order the car and wait 6 weeks to get EXACTLY what you want. I figure at this price, though, I could sell it in 6 months and probably almost break even (maybe in May or so at peak convertible selling season). I've heard these go for the high $30s at auction right now. So, is it worth the effort (and being involved in the nasty business of buying a car)? Would you go through the ordeal knowing you'll be getting rid of it a few months later?
|
08-21-2011, 04:30 PM | #2 |
Drives: 2011 Camaro 2LT RS Convertible Join Date: Jul 2011
Location: USAREUR, CONUS/DOD-A, VA
Posts: 1,745
|
If it's not configured the way you want it why even compromise, in particular if you know you're probably going to buy the car you really want in less than a year?
RJT & IBM might be difficult to get paint work done until the paint availability situation is remedied. If you're not familiar with the "'vert life", visit a couple of dealers and do some test drives and lots of reading and video watching. If I were in a position similar to yours, I would not buy a vehicle (in particular a used one at such a price (and "sight unseen"(?)) that I know I wouldn't be keeping just so I could get into "a car" sooner. If you can afford to take a loss at trade-in time next year, that's got to be your decision. Only you know what you can or cannot afford. Fiscally, it doesn't make any sense. Frankly, it doesn't make any sense at all (to me).
__________________
2011 Camaro 2LT RS Convertible
Summit White Black Leather 3 Pedals Build Date: 06/27/2011 Purchased: 07/30/2011 Title Received: 08/15/2011 1984 Camaro (3rd Gen.): Traded: 1987 "Meet the new boss. Same as the old boss." |
08-21-2011, 04:38 PM | #3 |
Camaro Owner Since 1987
Drives: 2011 2SS/RS L99 RJT Join Date: Jun 2006
Location: Lawrenceville, GA
Posts: 2,185
|
I would wait until you can get what you what.Rent one for a week to see how you like it. I ordered mine last year and waited two plus months but I got want I wanted. I also like the RJT.
Bill
__________________
2011 Camaro 2SS/RS L99 RJT
CAI, Inc. Cold Air Induction;ADM Scoop Rx Catch Can;Rx Breather;Roto-Fab Washer Container VMax Ported RJT Throttle Body XSPower Headers and XSPower 3" Exhaust System Elite Engineering Tunnel Brace, Gorilla Wheel Lock System; Bear Rotors, Hawk HPS Tinted Windows 35%;EFILive Tune |
08-21-2011, 04:52 PM | #4 |
Drives: '86 Monte Carlo SS Join Date: Nov 2010
Location: Reno, NV
Posts: 3,119
|
The first year of car ownership is the most expensive. You lose 9% of value just driving a new car off the lot. Reconsider your plan.
http://www.edmunds.com/car-buying/ho...fographic.html |
08-21-2011, 04:58 PM | #5 |
:chevy:
Drives: 2LT/RS Join Date: Jun 2008
Location: Toronto
Posts: 13,033
|
I would wait
__________________
CAMARO
Consult your doctor before taking Camaro Side effects include Sudden increase in Heart Rate, Insomnia and occasional hallucinations If you experience Permagrin exceeding 4 hours after taking Camaro, seek immediate Camaro5 Help CAMARO Bringing excitment back into the Garage |
08-21-2011, 05:03 PM | #6 |
Drives: 2012 ZL1 - #670 Join Date: Jun 2009
Location: Seminole, Fl.
Posts: 8,009
|
I'd wait because your gonna loose just on Tax, Tag & Title alone ...
__________________
|
08-21-2011, 05:19 PM | #7 |
"To Punish And Enslave"
Drives: B E RS GBA #72541 3564 CC 220 CI Join Date: May 2011
Location: massachusetts
Posts: 3,889
|
what he said i agree the cost of the car is not the end of the money trail to get the car
__________________
C.A.M.A.R.O- Constantly Adding Modifications Addiction Relentless Obsession 90% canadian 10% mexican 100% american muscle :flag2: |
08-21-2011, 05:42 PM | #8 |
Caspers2SSRS
Drives: Summit White 2010 2SS/RS Camaro Join Date: Jul 2010
Location: Somewhere north of a midlife crisis.
Posts: 2,865
|
You've presented us with a scenario similar to one of a dead mans last wish..............."bucket List" with a six month window.
You never mentioned the initial cost associated with the purchase being a issue. Just mentioned the great price 33k...........I'll assume by your statements the monetary concerns of profit or loss as well are really nil at the conclusion of the six months. This only leaves the portion of your post regarding whether or not it would be worth the ordeal of owning the car for such a short time.............assuming once again, you meant it being either or some form of a exciting, comfortable, enjoyable or practical mode of personal transportation. Absolutely...................... |
08-21-2011, 05:45 PM | #9 |
|
Hold off, get what you actually want.
__________________
|
08-21-2011, 05:49 PM | #10 |
San Diego Head Tuners
Drives: 2016 Camaro 1SS ,NPP,MagRide, A8 Join Date: May 2009
Location: Temecula, CA
Posts: 2,440
|
__________________
2016 1SS A8, NPP, MagRide, Black Rims
My 5th Camaro (3 Gen5, 1 Gen4) Member of San Diego Head Tuners https://www.youtube.com/c/MojaveKY https://www.instagram.com/mojaveky/ https://twitter.com/MojaveKY http://dinowax.refr.cc/bryanm 15% off DinoWax orders |
08-21-2011, 05:50 PM | #11 |
Guest
Join Date: Jun 2009
Location: PA
Posts: 4,812
|
I've bought cars and have gotten rid of them in way less than six months. You loose money there's no doubt ,but when you got the car bug it's hard to think sensible. You know what you can afford to loose better than us. You just have to decide the lost money is worth the enjoyment.
|
08-21-2011, 06:10 PM | #12 | |
Drives: 2011 Inferno Orange 2SS/RS A6 Join Date: Jun 2011
Location: Warner Robins, GA
Posts: 141
|
Quote:
I traded in my 09 G8 GT for a 2011 Cadillac CTS Coupe. I bought it off the lot... and after a while I felt like I settled just to make a change. Then I realized $40k didn't get me too much. I had NO bluetooth, NO heated seats, NO iPod or USB port... what I DID get was a neat looking Cadillac (IMO) that no one else had and BAD gas mileage for a V6 (80%ish highway driving and made 20mpg). The Cadillac got OLD QUICK to me... I made better gas mileage with my G8 AND the G8 moved a whole lot faster. I kind of flirted with the idea of getting a SS. So I build one online, took the paper to the dealership, and in a month or so my SS was here, and it was 100% exactly how I wanted it. I went under on the trade in, but made up most of it on GMS Opt 1 pricing. So I'm alot happier with THIS car. I have all the options I want and still get better gas mileage than the Cadillac lol |
|
08-21-2011, 06:14 PM | #13 |
Moderator
|
Don't buy it if you don't really want it.
__________________
RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet//
Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban |
08-21-2011, 06:17 PM | #14 |
Nice to meet you.
Drives: '11 Black 1SS/RS Join Date: Jul 2011
Location: Massachusetts
Posts: 189
|
Figure out the resale value, if you are getting a vert for 33k, I'm pretty sure you could sell it in 6 months and actually make a profit.
|
|
|
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
PQs Camaro [COTW 9/20/10] | PQ | Member Car Journals | 5664 | 07-28-2020 12:10 AM |
Onstar....a spy???? please comment | dieseldave24v | General Automotive + Other Cars Discussion | 138 | 02-23-2012 01:12 PM |
Getting Antsy | Doc | 5th Gen Camaro SS LS LT General Discussions | 26 | 08-19-2009 11:49 AM |