03-10-2018, 09:04 AM | #57 |
aka BeastZL1
Drives: 2019 Camaro ZL1 1LE, 2004 Cobra Join Date: Dec 2017
Location: NC
Posts: 1,087
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You only “lose” money if you sell it. I hold onto cars until they are long past the expiration date.
Depreciation is a well understood mechanism with new or used vehicles. Don’t cry about it if you choose to cycle through cars regularly. The size of your bank account doesn’t change this. Sent from my iPhone using Tapatalk Pro
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03-10-2018, 10:21 AM | #58 | |
Drives: 2019 GT350 Join Date: Jan 2011
Location: NC
Posts: 3,232
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2019 GT350 RR
2013 Boss Mustang 2012 SRT Challenger 392 auto 12:40s 112 stock 2012 Ford Mustang 5.0. Brembo, 3:73s 2010 SS, LS3, Cammed, LTs, 12:20s 2004 Redfire Cobra, Pullied & Tuned 1986 GT, Ed Curtis 347ci, 11:20s motor. 10:30s 100-hp shot |
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03-10-2018, 11:05 AM | #59 | |
Drives: Love the one you're with Join Date: Sep 2009
Location: Downtown Charlie Brown
Posts: 11,850
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03-10-2018, 11:14 AM | #60 |
Drives: 1970 chevelle Join Date: Aug 2011
Location: Central NH
Posts: 1,427
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I have yet to see a brinks truck follow a hearse to a funeral. I buy what I want when I want. That being said I put plenty away so I can live like I live now when I retire as well. I am too picky cosmetic wise to buy used. That being said I don't ever pay sticker for anything much less more than sticker even if it means I have to wait a bit like in the case of the zl1 1le. When I feel I have struck a good deal i purchase. There are used zl1 1les out there some less than 600 miles and they are asking way more than i am paying for a new one with more options and a higher msrp so in that case does it make sense to buy used? I'll answer that ......NO at least not in this case
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On Order 2018 ZL1 1LE Garnet Red Tint Coat Metallic
MY Car 2015 Z06 Z07 Daytona Sunrise Orange Metallic Dads Car 2013 ZL1 vin 963 Crystal Red Tint Coat/Black Wheels Exposed Carbon Fiber Insert 6 Spd Manual |
03-10-2018, 11:41 AM | #61 |
CamaroFans.com
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ZL1 1LE will hold it's value better than any other Camaro variant simply based on limited availability. Sure, right now you're going to see plenty that were driving off the lots and took the large initial hit, but with time that will level off. Where I'm at Camaros are not typically sold with dealer markups. These ZLE's are marked up 5k at many dealers still. We haven't seen that in quite some time and one reason is they have no other allocations coming in behind to fill in for the sale.
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03-10-2018, 12:40 PM | #62 |
Drives: 17' GTI DSG SE Join Date: Oct 2016
Location: Face of the Sun
Posts: 83
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03-10-2018, 12:44 PM | #63 | |
Drives: 22' Porsche PDK GT4 Join Date: Mar 2018
Location: Bay Area
Posts: 2,013
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Even the ZR1 tanks. GM is NOT a poster child for retaining their value. Unless you are Porsche GT series, especially high performance specialty cars usually do the worst in depreciation, they have a very small overall market. |
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03-10-2018, 12:45 PM | #64 | |
2018 1LE, NASA Instructor
Drives: 2018 Camaro SS 1LE Join Date: Jan 2018
Location: New England
Posts: 235
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A ZL1-1LE is testing an unnaturally high pricing level for a Camaro, and it is a vehicle that is hard for posers to live with. There are very few buyers who can afford and use the ZL1-1LE as intended (track). I think it is an awesome vehicle. You think it is an awesome vehicle. Others here think that as well. But we are in a tiny minority. |
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03-10-2018, 12:53 PM | #65 |
Drives: 2013 ZL1 and 2019 Ram Laramie Join Date: May 2017
Location: Milwaukee
Posts: 1,259
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In my not so short a time of buying vehicles, I've had (have, actually) only two that have held, or increased in value: '67 Camaro SS and '70 Charger 500.
The remainder I have sold for less than I paid. I don't "invest" in automobiles. I drive and thoroughly enjoy them (with a somewhat childish grin on my face). |
03-10-2018, 12:57 PM | #66 | |
Drives: 22' Porsche PDK GT4 Join Date: Mar 2018
Location: Bay Area
Posts: 2,013
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03-10-2018, 12:59 PM | #67 | ||
CamaroFans.com
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03-10-2018, 01:22 PM | #68 | |
Drives: 22' Porsche PDK GT4 Join Date: Mar 2018
Location: Bay Area
Posts: 2,013
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I am looking forward though when my lease is up on my M3 in Nov. to get a good discount on the 1LE, the timing will good as well with winter approaching to get a great discount. |
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03-10-2018, 01:41 PM | #69 |
Drives: 2018 Camaro ZL1 Join Date: Dec 2017
Location: Denver
Posts: 75
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03-10-2018, 02:55 PM | #70 |
CamaroFans.com
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That is a good time to do it. I'm going to wait and see what's in store for the 19 ZLE. We should find out something sN
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