Trade-in values at all time high - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

ga0358 · 06-19-2011, 09:38 AM

Just saw a bit on my local news about trade-in values at an all-time high. In fact the guy they interviewed bought a new black convertible SS (it was funny to see the perma-grin-the guy told the reporter "just LOOK at it!").

Anyway, he got 20K for a Chrysler he bought for a little over 20k a few years ago. According to the dealer they interviewed inventories are down and they're putting more money into used vehicles than ever before.

WHICH begs the question-with 2012's just coming out, has anybody traded in for a new Camaro, if so, what did you get for your trade? I will NOT be trading, since I have an ABM and have her modded just they way I want. BUT for the rest of y'all NOW may be the time to move to a new Camaro!!!!

oldfriend · 06-19-2011, 09:42 AM

Quote:

Originally Posted by ga0358

Just saw a bit on my local news about trade-in values at an all-time high. In fact the guy they interviewed bought a new black convertible SS (it was funny to see the perma-grin-the guy told the reporter "just LOOK at it!").

Anyway, he got 20K for a Chrysler he bought for a little over 20k a few years ago. According to the dealer they interviewed inventories are down and they're putting more money into used vehicles than ever before.

WHICH begs the question-with 2012's just coming out, has anybody traded in for a new Camaro, if so, what did you get for your trade? I will NOT be trading, since I have an ABM and have her modded just they way I want. BUT for the rest of y'all NOW may be the time to move to a new Camaro!!!!

It sounds more like a dealer talking , not that there is nothing wrong with it but !!!

SS/RS NJ · 06-19-2011, 09:43 AM

Traded my 2010 A6 2SS, RS, Polished Wheels, Sunroof for 28,500 with 18,500 miles
Bought 2010 M6 2SS, RS to replace it.

Just realized I have to change my signature, lol.

OCD · 06-19-2011, 09:52 AM

Thought about it myself, but I have so many mods that I'll probably loose to much money. SS w/gfx, st. 2 cam, headers, cats, 3" exhaust, and supercharger.

Archias · 06-19-2011, 10:43 AM

Honestly if it was not for the steering wheel change over, I would consider moving into a 2012 model. In all likelyhood however if I ever trade the SS in, it will be for a Vette, or possibly next gen Camaro or 'Stang

I did not trade in, but I offered to trade in my 07 Cobalt and they offered $8K which I though was pretty fair as I got it for $14K just over 4 years ago. Decided to keep it though and just made up the difference in my loan with good terms.

midnighter · 06-19-2011, 11:08 AM

It kinda depends on weather or not the vehicle being traded in is in demand at the time of the deal and how cunning the sales person is.

Jcobra · 06-19-2011, 11:31 AM

My 2010 SS only has 1800 miles. It would be pointless to trade it in for anything but a ZL1. Aside from a few small details theres nothing changed performance wise. Keep in mind the dealer can "show" you more money for your car by not coming down in price on the one you want to buy.

Jcobra · 06-19-2011, 12:08 PM

Right, it amazes me with all the info out there on the internet, people don't understand how to buy/trade-in a car.

OrangeVert · 06-19-2011, 04:03 PM

Quote:

Originally Posted by NicolasKL

A lot of people don't really realize this. I've lost track of the number of people that have told me how great a deal they got on their trade in and then you ask them what they paid for their new Camry or something and they say MSRP. You tell them they didn't really get that much for the trade in then, and they get a puzzled look on their face.

Right, NicolasKL. And then there's financing, add-on costs, and regional differences, which can skew things even further. Can get real muddy, real quick!

Jefe's SS · 06-19-2011, 06:01 PM

They either get you on the front side or the back side or in the back room. Dealers are in business for one reason and one reason only. To make money.

CamaroBC · 06-19-2011, 06:43 PM

Quote:

Originally Posted by SS/RS NJ

Traded my 2010 A6 2SS, RS, Polished Wheels, Sunroof for 28,500 with 18,500 miles
Bought 2010 M6 2SS, RS to replace it.

Just realized I have to change my signature, lol.

so basically you just went from auto to manual?

xlroadster · 06-19-2011, 07:21 PM

Quote:

Originally Posted by Jefe's SS

They either get you on the front side or the back side or in the back room. Dealers are in business for one reason and one reason only. To make money.

Isn't that why we all are in business?

Fuel Fire Desire · 06-19-2011, 07:36 PM

I traded a 2008 Jeep JK in for my '11 camaro. It was 3 years old, had 48,000 miles, and had obvious signs of being off-roaded (rock rash). I originally paid $18,500 for it new. They gave me $15,500 for it, AND knocked off $1000 off the camaro's sticker to make the deal work.

I literally laughed when I saw it on the lot the next week with a window sticker of $21,200 on it. Only $100-200 less than what it stickered for brand new.

Either they have some serious wishful thinking, or theyre banking on an idiot to think its a good deal. (and if they can actually make $5000 off of my trade, more power to them.)

sasquash1984 · 06-19-2011, 07:59 PM

I like my 2011 I just got, just came out of a 2010, and not really digging the new steering wheel On the 2012 but loving my HUD, love the rpms on the windshield

06-19-2011, 09:38 AM	#1
ga0358 Drives: 2010 ABM LS Join Date: Jan 2010 Location: Acworth, Georgia Posts: 935 View My Garage	Trade-in values at all time high Just saw a bit on my local news about trade-in values at an all-time high. In fact the guy they interviewed bought a new black convertible SS (it was funny to see the perma-grin-the guy told the reporter "just LOOK at it!"). Anyway, he got 20K for a Chrysler he bought for a little over 20k a few years ago. According to the dealer they interviewed inventories are down and they're putting more money into used vehicles than ever before. WHICH begs the question-with 2012's just coming out, has anybody traded in for a new Camaro, if so, what did you get for your trade? I will NOT be trading, since I have an ABM and have her modded just they way I want. BUT for the rest of y'all NOW may be the time to move to a new Camaro!!!! __________________

06-19-2011, 09:43 AM	#3
SS/RS NJ Chevy/Buick Internet Mgr Drives: 2SS/RS Victory Red Join Date: Jul 2009 Location: Northern, NJ Posts: 78 View My Garage	Traded my 2010 A6 2SS, RS, Polished Wheels, Sunroof for 28,500 with 18,500 miles Bought 2010 M6 2SS, RS to replace it. Just realized I have to change my signature, lol. __________________ 2010 Camaro 2SS/RS M6 Victory Red AEM C.A.I. MGW Shifter - tried the Hurst...save your money and get the MGW. MTI Rear dovetail spoiler. Replaced: 2010 Silver Ice A6 2SS/RS

06-19-2011, 10:43 AM	#5
Archias Corvette Canine Drives: Black 2008 Corvette M6 Join Date: Oct 2010 Location: Savannah GA Posts: 255	Honestly if it was not for the steering wheel change over, I would consider moving into a 2012 model. In all likelyhood however if I ever trade the SS in, it will be for a Vette, or possibly next gen Camaro or 'Stang I did not trade in, but I offered to trade in my 07 Cobalt and they offered $8K which I though was pretty fair as I got it for $14K just over 4 years ago. Decided to keep it though and just made up the difference in my loan with good terms. __________________

06-19-2011, 07:36 PM	#13
Fuel Fire Desire Drives: 2011 M6 LS Join Date: Jun 2011 Location: SE Michigan Posts: 155	I traded a 2008 Jeep JK in for my '11 camaro. It was 3 years old, had 48,000 miles, and had obvious signs of being off-roaded (rock rash). I originally paid $18,500 for it new. They gave me $15,500 for it, AND knocked off $1000 off the camaro's sticker to make the deal work. I literally laughed when I saw it on the lot the next week with a window sticker of $21,200 on it. Only $100-200 less than what it stickered for brand new. Either they have some serious wishful thinking, or theyre banking on an idiot to think its a good deal. (and if they can actually make $5000 off of my trade, more power to them.) __________________

06-19-2011, 07:59 PM	#14
sasquash1984 502 RWHP N/A Drives: The yeti Join Date: May 2009 Location: Saginaw/ Ft Worth TX Posts: 3,085 View My Garage	I like my 2011 I just got, just came out of a 2010, and not really digging the new steering wheel On the 2012 but loving my HUD, love the rpms on the windshield __________________ factory motor factory trans, Gpi ss4 cam stock heads ported and milled, full exhaust, circle d 5c 4000 triple disk, 3:91 rear end with posi mod, cai, bmr derlin rear diff bushins, bmr derlin cradle bushins, bmr trailing arms, toe rods with bushings, and bmr anti extreme sway bar. Weld rt-s 17x5 fronts and 17X10 rears on mickey thompson et street r's

06-19-2011, 09:52 AM	#4
OCD Drives: 2ss Join Date: Jun 2011 Location: PA Posts: 112	Thought about it myself, but I have so many mods that I'll probably loose to much money. SS w/gfx, st. 2 cam, headers, cats, 3" exhaust, and supercharger.

06-19-2011, 11:08 AM	#6
midnighter Account Suspended Drives: nothing Join Date: Nov 2010 Location: a hole Posts: 17,906	It kinda depends on weather or not the vehicle being traded in is in demand at the time of the deal and how cunning the sales person is.

06-19-2011, 11:31 AM	#7
Jcobra Drives: 2010 2ss/rs M6 Join Date: Nov 2010 Location: Il Posts: 931	My 2010 SS only has 1800 miles. It would be pointless to trade it in for anything but a ZL1. Aside from a few small details theres nothing changed performance wise. Keep in mind the dealer can "show" you more money for your car by not coming down in price on the one you want to buy.

06-19-2011, 12:08 PM	#8
Jcobra Drives: 2010 2ss/rs M6 Join Date: Nov 2010 Location: Il Posts: 931	Right, it amazes me with all the info out there on the internet, people don't understand how to buy/trade-in a car.

06-19-2011, 06:01 PM	#10
Jefe's SS Drives: 2010 2SS/RS IOM L99 Join Date: Jul 2010 Location: Thornton, CO Posts: 339	They either get you on the front side or the back side or in the back room. Dealers are in business for one reason and one reason only. To make money.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
ARH - American Racing 304SS Long Tube Headers \| Limited Time MASSIVE SALE!	AutoAgenda	V8 Bolt-Ons & Tunes	416	06-09-2013 05:08 PM
My LLT engine is blown on my 2LT, any recommendations?	Camarodriver	5th Gen Camaro SS LS LT General Discussions	173	12-17-2010 06:17 AM
Did you get an "EVENT HISTORY" for YOUR car?	CamaroScotty	Camaro Price \| Ordering \| Tracking \| Dealers Discussions	24	11-21-2010 11:20 AM
SPEC Clutch/Flywheel Upgrades \| Single & Twin Disc!!	AJ@ECSMotorsports	Transmission / Driveline	21	11-13-2010 03:58 PM
BBK Performance Parts Opens up to Camaro5 in the SE this time.	2010SSRSM6	USA - Southeast	20	06-29-2010 06:47 PM