Question: If I trade for a newer model, will I take a loss?? - Page 2 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

thepirate · 10-15-2012, 10:08 PM

i think most of the, like me, have gone from a v6 to a v8...

Fiveg56 · 10-15-2012, 10:12 PM

Quote:

Originally Posted by shan1997

Thanks for the responses. Just wondering because I see posts of people who do it all the time on here. Wondered if it was worth it.

You will take a loss. People tend to fudge the numbers on a public forum, so keep that in mind when looking at those “trade up” posts.
Why do you want to trade so soon? It’s really to you. If it’s worth the extra cash in your mind, then go for it.

Ghost1LE · 10-15-2012, 10:50 PM

I'm doing this, but I'm trading up from a 2011 1LT/RS to a 2013 2SS/RS 1LE, and of course I will be losing at minimum $5K on my 2011 even though it's paid off doesn't really matter, so it's up to you, unless your trading up and making a big upgrade, I'd say don't do it.

angie7 · 10-15-2012, 10:55 PM

Quote:

Originally Posted by Skillz512

I'm doing this, but I'm trading up from a 2011 1LT/RS to a 2013 2SS/RS 1LE, and of course I will be losing at minimum $5K on my 2011 even though it's paid off doesn't really matter, so it's up to you, unless your trading up and making a big upgrade, I'd say don't do it.

yes you will take a loss. Its up to you to determine if its worth it. Lots on here, myself included, have taken the loss and upgraded from a v6 to a v8. I traded a '11 1LT for a '11 1SS/RS. The loss was worth it, IMO.

ShowSStopper · 10-15-2012, 10:59 PM

Answer: Yes.

[/endthread]

2ss2012 · 10-15-2012, 11:12 PM

Quote:

Originally Posted by ShowSStopper

Answer: Yes.

[/endthread]

Renegade · 10-15-2012, 11:23 PM

Quote:

Originally Posted by thepirate

i think most of the, like me, have gone from a v6 to a v8...

more power and bragging rights.

SSGUNNER · 10-15-2012, 11:55 PM

YEP!!!

HelloWorld · 10-15-2012, 11:59 PM

I took a massive loss trading in my 2LT. All of the initial down payment (which was significant) and of course the interest payments over a year were lost. The car just about covered the remaining part of the loan. But I have no regrets!

10-15-2012, 10:08 PM	#15
thepirate Drives: 2013 2SS Join Date: Aug 2012 Location: Salt Lake City, UT Posts: 372	i think most of the, like me, have gone from a v6 to a v8... __________________

10-15-2012, 10:50 PM	#17
Ghost1LE Drives: 2013 AGM 2SS/RS 1LE Join Date: Apr 2010 Location: Gainesville, FL Posts: 924	I'm doing this, but I'm trading up from a 2011 1LT/RS to a 2013 2SS/RS 1LE, and of course I will be losing at minimum $5K on my 2011 even though it's paid off doesn't really matter, so it's up to you, unless your trading up and making a big upgrade, I'd say don't do it. __________________

10-15-2012, 11:55 PM	#22
SSGUNNER Chu no guat a hasa is? Drives: 14 Jeep G Cherokee Overland HEMI Join Date: Jun 2011 Location: Some where in So Cal Posts: 4,273	YEP!!! __________________ 11 2SS/RSL99No Longer Stock (Sold) 6/19/14:AAC Plasma DRL's \| Plug n play harness \| Elite CC \| Tint: 35% & 5% \| LED Dome light \| Show-N-Go Plate Holder \| Flowmaster AT \| C.A.I. Intake \| VMAX CNC Spiral Ported TB \| Husky Splash Guards

10-15-2012, 10:59 PM	#19
ShowSStopper Account Suspended Drives: 2012 Camaro 1SS Black Coupe Join Date: May 2012 Location: Houston Posts: 1,091	Answer: Yes. [/endthread]

10-15-2012, 11:59 PM	#23
HelloWorld Drives: 2013 ZL1 #2046 Join Date: Oct 2011 Location: Bay Area Posts: 223	I took a massive loss trading in my 2LT. All of the initial down payment (which was significant) and of course the interest payments over a year were lost. The car just about covered the remaining part of the loan. But I have no regrets!