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Old 04-04-2012, 01:06 AM   #15
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Originally Posted by JMAN311 View Post
Right now it seems to be almost even on the conversion rates I've found (1.0097 USD) Isn't the main reason because since GM is a US company they are having to import them back into Canada and therefore you guys have to pay more for the taxes/fees/tariffs they get charged?
Probably, we get the shaft, doesn't explain why I'll pay $71,000 for the same '13 GT500 as you would though. That price is loaded, base here is $61K
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Old 04-04-2012, 01:14 AM   #16
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It'll easily lose $5K just by driving it off the lot. That's why I refuse to pay over sticker.
I think that's an overstatement right there. It will maybe lose $1k by driving off the lot. The truth of the matter is the ZL1 is still a highly demanded vehicle and MANY buyers did pay $5k-$10k over MSRP; If you got MSRP for 2012 or even for 2013 (with all the little upgrades) you actually scored huge, since few (if any) receive discounts on a hot new performance car with stats like the ZL1.

The guy who is getting pushed away by his local dealers who are charging over MSRP would gladly buy YOUR used ZL1 with 1,000 miles on it for probably MSRP or just slightly ($1k-$2k) under MSRP. So I don't think the market will be that soft on these cars. FWIW, I still see 2008 BMW M3's with 50k miles on them going for $48k-$50k on autotrader and that car is 4 (almost 5) model years old now and is in the same performance car category of the ZL1 for reference (the ZL1 actually outperforms the M3). So don't be so quick to discount the ZL1. The dealership doing my courtesy delivery has a '09 ZR1 Corvette going for $89k with 15k miles, so in 3 years that car dropped about $12k, but the ZR1 is a harder sale (smaller demand and market due to price and practicality) than the ZL1 so the market reflects this...but still you get the point.
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Old 04-04-2012, 01:17 AM   #17
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Someone is also including sales tax and other items. Our 2LT RS with sunroof, block heater, CAR COVER, with stick was $31,500 before taxes. And we bought it in the Lower Mainland.
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Old 04-04-2012, 01:23 AM   #18
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oh..yeah don't worry. next year the market will be flooded with 20,000 dollar ZL1's.
None of us will want them anymore, and since the GT500 has way more power and corvette prices are soft we won't be able to give them away.
Everyone should wait and pick up all the bargains that will be available. Heck we will probably trade ya straight across for your 89 Honda civic.
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Old 04-04-2012, 01:31 AM   #19
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oh..yeah don't worry. next year the market will be flooded with 20,000 dollar ZL1's.
None of us will want them anymore, and since the GT500 has way more power and corvette prices are soft we won't be able to give them away.
Everyone should wait and pick up all the bargains that will be available. Heck we will probably trade ya straight across for your 89 Honda civic.
:p this is the first post you've made I find legitimately ****ing hilarious. People are so stupid, the ZL1 isn't a freaking Lamborghini it's going to depreciate but it's not going to jump by half in two years, not unless you crash it lol
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Old 04-04-2012, 01:35 AM   #20
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Would it be possible in purchasing a '12 ZL-1 (or '13) for around 40K in a year or two? We paid close to $50K in '09 for our 2LT RS, and now it's worth $25 . Never again.

What do you guys think?
Holly hell, I would not have put that on a public forum for someone else to see.
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Old 04-04-2012, 01:59 AM   #21
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The ZL1 will depreciate. Just slower. If you are a collector then in 8-10 years it will be the prime time to buy a low mileage one. Then you can get it for $30-35k. At around 10 years the price will stabilize and then start to climb up very slowly.
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Old 04-04-2012, 02:29 AM   #22
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The OP states in his avatar that he lives in the lower Mainland, maybe he lives on an Island and that is why he paid an exorbitant amount for his car (yikes, almost double I say) and now he claims his car is valued at 25k, just bout what the normal value of a slightly used Camaro 2LT.

MSRP for a 2LT/RS is approximately $31K. I would say someone didn't do their homework :(
$31K for a 2LT/RS in Canada? No way. After taxes it was $44K + the extended warranty. Dealership told us we are buying the second Camaro sold in my province, so yeah, the dealership marked it up pretty high.

My dealer has had brand new Escalades with a price tag of over $100,000. Buying anything brand new up here, you are asking to get shafted. We bought our Escalade from the states and saved around $15K.
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Old 04-04-2012, 03:16 AM   #23
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Originally Posted by OUR72GTO View Post
Someone is also including sales tax and other items. Our 2LT RS with sunroof, block heater, CAR COVER, with stick was $31,500 before taxes. And we bought it in the Lower Mainland.
Quote:
Originally Posted by J666 View Post
$31K for a 2LT/RS in Canada? No way. After taxes it was $44K + the extended warranty. Dealership told us we are buying the second Camaro sold in my province, so yeah, the dealership marked it up pretty high.

My dealer has had brand new Escalades with a price tag of over $100,000. Buying anything brand new up here, you are asking to get shafted. We bought our Escalade from the states and saved around $15K.
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Old 04-04-2012, 03:44 AM   #24
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You need to stop paying over retail. Our 2010 was our 22nd new GM vehicle.

And you wasted good money buying a warranty that does not kick in till the 36 months is up on the GM base. Our car was originally schedualed for production in Feb but was moved back 5 times. We ordered it in Nov 08.
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Old 04-04-2012, 10:18 AM   #25
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You can't count taxes in the cost of the vehicle. You are never getting taxes back.
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