camaros can really hold their value!

[oldfriend]

Originally Posted by 1954 Belair-man

Camaro's will always be a popular car and there will always be a buyer if your price is what someone is willing to pay, thats the short of it.

In another words MARKET will dictated the #s , and that's the way it should be .

[oldfriend]

Originally Posted by GearheadSS

The last 4th gens are over 10 years old now, of course they won't hold their value.

It will in another 15/plus years .

[KowalskiCamaro]

I just got a quote yesterday from a dealer that would give me $25k for my 2010 1SS with 8k miles. I purchased it for 32k. I'm thinking of upgrading to the ZL1.

[All Star]

I bought my 2LS for $21k new, tax aside, I wouldn't be surprised if I could get more than that on a trade-in right now.

[Xorak]

Originally Posted by All Star

I bought my 2LS for $21k new, tax aside, I wouldn't be surprised if I could get more than that on a trade-in right now.

you're most likely correct. i looked up the NADA Black Book value for your car in NJ and the average trade in value is $22,395.

[BowtieBelle]

Originally Posted by Ricky11SS

Im sorry to say this but...
i dont want the camaro anymore.
sorry. hate to say that!

Sell it then but I'm sure you're way upside down.
\

[Rogue Leader]

Originally Posted by Ricky11SS

when i bought the camaro it was 39,000
but with the intrest and the finance it went up to 50,000
so my payment is 700 a month and ive had it for 1 year and 5 months :/

Wow you got raped. Did you put no money down or something? No offense but this was a really bad financial decision, you are spending 11g's in finance fees, your interest rate must be at least 10% or more.

As for the topic at hand, this car is still hot, so for now its gonna have good resale, don't expect it to last. Couple more years (or when the 6th gen is released) and the value will tank hard. Also Carmax is a bad gauge of values. That car will never sell for that price.

[BowtieBelle]

Originally Posted by Rogue Leader

Wow you got raped. Did you put no money down or something? No offense but this was a really bad financial decision, you are spending 11g's in finance fees, your interest rate must be at least 10% or more.

As for the topic at hand, this car is still hot, so for now its gonna have good resale, don't expect it to last. Couple more years (or when the 6th gen is released) and the value will tank hard.

[bigd1276]

I was quite pleased to get $24,300 "trade in" for my 2010 2LT RS. I worked my new deal on the 2012 2SS first, going from an MSRP of $39,880 down to $37,350. Then we haggled over my trade in. Original offer was $22,180, we finally agreed on the $24,300. Mine was very low mileage (6,300), garage kept and in excellent condition.

[Wizard1183]

I was curious to see what Id get on a trade in, sadly it was 23k with BRAND NEW tires. I told the guy to forget it. I expected no less than 26500 on my car. and I wouldnt take a $ less than that IF I traded it now. But that dealership was stupid to begin with.

[BowtieBelle]

Originally Posted by Wizard1183

I was curious to see what Id get on a trade in, sadly it was 23k with BRAND NEW tires. I told the guy to forget it. I expected no less than 26500 on my car. and I wouldnt take a $ less than that IF I traded it now. But that dealership was stupid to begin with.

Only 23k for a 2SS in ABM? That's CRAZY!

[Xorak]

Originally Posted by bigd1276

I was quite pleased to get $24,300 "trade in" for my 2010 2LT RS. I worked my new deal on the 2012 2SS first, going from an MSRP of $39,880 down to $37,350. Then we haggled over my trade in. Original offer was $22,180, we finally agreed on the $24,300. Mine was very low mileage (6,300), garage kept and in excellent condition.

crunching the numbers on that, i'd say you made a great deal. you paid less than invoice for the new one and got a very reasonable trade in offer.

[Kamaro223]

I've tried to trade in my G35 for a Camaro and other cars here and again. The nada trade in on my car is just about $20k, but I never even get close to that number. Here's the bs I usually get...most of the time it sounds like the teacher in Charlie Brown as it spills out of their mouth, but over the years I've figured out what they are saying. "Well, those numbers from nada and kbb are just estimations of the price. We use our own system which is based on the price your car is going for at the auction and this is all we can give you." Here's what it means..."We are going to screw you as hard as we can, with the biggest smile on our face that we can make." I usually get offered $4-5k less!! Cars at auctions are rentals, demos, leased...basically junk cars that have been beat the piss out of. All dealerships exist to make money, not to make us feel good about how we spend our hard earned money. I've bought and sold almost all of my cars privately from honest people and will probably continue to do so.

[bigd1276]

Originally Posted by Xorak

crunching the numbers on that, i'd say you made a great deal. you paid less than invoice for the new one and got a very reasonable trade in offer.

I got a little help from a pop up "private offer" of $1,000 from chevrolet.com web site.