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Old 10-29-2012, 06:50 PM   #1
Minge
 
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How long will I have t wait top buy a zl1 vert for 50k

Well the finance manager in the house (my wife of course) who really is in finance but that is a story for another day,has put my max camaro budget at 50k and she wants a convertible. I really would like a. Zl1 over a loadeded 2ss. My question is to what percentage do you think these cars will depreciate and how long will I have to wait until you I will find a very well cared for low mile inferno orange zl1 convertible?

I really want to be enjoying a car next spring but that won't happen if with my budget for a zl1.

Thoughts folks?
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Old 10-29-2012, 06:54 PM   #2
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Probably 2 years...
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Old 10-29-2012, 06:55 PM   #3
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With the low production of the ZL1, I doubt they will fall that low, unless it is a high mileage one in the years to come.
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Old 10-29-2012, 06:58 PM   #4
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At 5 to 10lk over sticker currently it will probably longer than 2 years. Cheapest one I have seen so far was 66k and change. Plus what ever market adjustment the stealership wants to add.
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Old 10-29-2012, 07:02 PM   #5
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At 5 to 10lk over sticker currently it will probably longer than 2 years. Cheapest one I have seen so far was 66k and change. Plus what ever market adjustment the stealership wants to add.
What? They're not selling over anymore.

I'd give it a couple of years. Maybe 3
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Old 10-29-2012, 07:02 PM   #6
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I figured as much two years is a long time to wait.
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Old 10-29-2012, 07:03 PM   #7
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I think it's gonna be at least a few years.
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Old 10-29-2012, 07:10 PM   #8
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I would say a few years, the verts are close to $70k out the door
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Old 10-29-2012, 07:15 PM   #9
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Most of the verts will be in tight hands.
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Old 10-29-2012, 09:14 PM   #10
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Way more than you are wiling to .
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Old 10-29-2012, 09:17 PM   #11
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There is one for sale on the auto page, looks like he would do 55
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Old 10-29-2012, 09:20 PM   #12
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I figured as much two years is a long time to wait.
Maybe sooner than you think? Give this guy a shot...sliver ain't bad!

http://www.camaro5.com/forums/showth...light=Zl1+sale
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Old 10-29-2012, 10:32 PM   #13
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Next year.
Some of u guys think the vert is come rare exotic. It isn't and it will depreciate just as bad as any. Just because one paid a marked up price doesn't mean the orig ADM price will go on top of the depreciated price of a used car.
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Old 10-29-2012, 10:48 PM   #14
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It isn't and it will depreciate just as bad as any.
+1

ZL1s aren't that rare. Local dealer has 4 of them. ZL1 fever has past and gone, many I think are interested in the 6th Gen or are waiting for the '14 ZL1.
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Old 10-29-2012, 10:49 PM   #15
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You could get a fully loaded 2010 SLP for that much. A dealer is selling a bunch with no miles.
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Old 10-29-2012, 10:55 PM   #16
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You could get a fully loaded 2010 SLP for that much. A dealer is selling a bunch with no miles.
Waste of 50k for a 2010 SLP.
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Old 10-30-2012, 12:37 AM   #17
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Easy.

Sell whatever car you are driving right now, and get a stock up on top ramen to last you the next 2 years. That's if you REALLY want the vert ZL1.
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Old 10-30-2012, 06:58 AM   #18
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The convertible is going to drop at a faster rate due to its anticipated residual value. Next year to year and a half I think you can be an owner at 50k.
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Old 10-30-2012, 07:16 AM   #19
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KBB Values on a 2012 Camaro Zl1 with default values (no convertible in 2012 so this is for coupe):

Private Party:
  • Excellent
    $48,186
  • Very Good
    $46,986
  • Good
    $45,586
  • Fair
    $41,986
Suggested Retail:
  • Excellent
    $49,586
Certified Pre-Owned:
  • Excellent
    $49,986


So I would say it wouldn't be impossible to find one in a year just very difficult, my suggestion would be figure out what you monthly payment would be at 50k and start putting that into a savings account, by the time a year passes you may be able to buy a new Camaro Convertible with the money that's now in the savings account. Plus you didn't mention if you had a trade or not but that may be a factor to get it to 50k as well.

My Calculations are 50k @ 1.99% for 5 years would be 876.17 per month
876.17 * 12 = $10,514.04

So potential buying power would be $60,500
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Old 10-30-2012, 07:51 AM   #20
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Why not a coupe? There are plenty of used ZL1 coupes going for 55K. There is one on autotrader for 53k with 2k miles. You might be able to negotiate one of those coupes down to 50K now.
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Old 10-30-2012, 10:25 AM   #21
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Quote:
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Most of the verts will be in tight hands.

IM not a vert fan, i wouldn't buy one if it was 30k They just don't appeal to me dunno why,but to each his own i guess.
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Old 10-30-2012, 06:25 PM   #22
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It is not the money we have or don't have it is the cap on toys my wife wants to keep me in check a bit. She has been very tolerant of my toys boats, jet ski, snowmobiles you name I have had it. I just sold a frame off restored 1970 chevelle. I told her at 50 this is my last one and it will be a modern day muscle car and so she put a 50k cap on this one and she really wants a convertible.
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Old 10-31-2012, 01:13 AM   #23
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then sell one of your other toys?
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Old 10-31-2012, 12:37 PM   #24
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If they change body styles, that will really mess up the pricing. They may become collector cars or everyone will want the new ones, your guess is as good as any one's at this time.
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