What will happen to resale value of Camaros?

[Aquaman]

With the 2011 Mustang GT coming out, what will happen to the value of the Camaros, especially the SS models?

The new Mustang 5.0 GT is stated to have 0-60 times at about 4.5 with 1/4 mile in the 12's and that is stock.

http://www.autoblog.com/2009/12/28/2...blog+(Autoblog)

It looks like the 2011 Mustang will have the power to weight ratio. My understanding is that the Mustang will also have the better handling due to being a lighter car.

Around here I am starting to see a lot of Camaros on the lot and they are going at invoice or better with GM pricing or Supplier.

My understanding is that the Mustang 5.0 GT will also be priced well. Let the rebates begin.

[Nine Ball]

Both the Mustang and the Camaro are "passion" purchases for most buyers. Other brands do not really affect desire, people tend to buy cars like this because they want one. Besides, the LS3 is a far better engine platform to begin with once you start modifying.

That 5.0 OHC engine won't have the torque of the 6.2L LS3. Early articles are saying that the Mustang's exhaust system is super efficient already, which means simple things like headers and catbacks won't show much gain on them. Slap a set of headers and a catback on the LS3 and you end up with over 400 at the wheels. That is nearly 500 crank HP.

[Aquaman]

Originally Posted by Nine Ball

Both the Mustang and the Camaro are "passion" purchases for most buyers. Other brands do not really affect desire, people tend to buy cars like this because they want one. Besides, the LS3 is a far better engine platform to begin with once you start modifying.

That 5.0 OHC engine won't have the torque of the 6.2L LS3. Early articles are saying that the Mustang's exhaust system is super efficient already, which means simple things like headers and catbacks won't show much gain on them. Slap a set of headers and a catback on the LS3 and you end up with over 400 at the wheels. That is nearly 500 crank HP.

Well, I disagree with you on one point. The resale value is important, especially to the enthusiasts. The enthusiasts will want the best of the best and it appears that the 2011 5.0 GT will be the better vehicle for speed and handling. Sure the the die hard GM guys will only by GM and Ford die hards will buy Ford. But there are many many more people who want the latest and greatest.

You are already seeing the values of Camaro fall. The new Mustang will be a hit in my opinion and will really hurt the value of the Camaro. Just my opinion. I personally don't own the Camaro for its racing ability. If I was in the the race game, I would have to say I would wait for the 5.0 GT Mustang if I wanted a muscle car. For racing period, the Corvette is the only way to go. That's why I get a chuckle out so many on this forum trying to prove how fast their Camaro is. If you want racing, go Corvette, period.

[MikeW]

Here is a link to the 2011 Mustang technical specs.

media.ford.com/images/10031/2011_Mustang_V6_Specs.pdf

It is for a V6. Est weight is 3750 lbs for a coupe, 4000 lbs for a conv.
Couldn't find a link for the V8, but I expect the V8 model would have a slightly higher weight.

[SGOS252382]

Generally, the resale value drops significantly over the first 3-4 years of ownership. But due to the Camaro's popularity, I think it will hold its value better than some.

And I will wait to see some real performance numbers from the 2011 Mustang. Due to its increased weight, I don't expect it will be as fast as everyone thinks.

The 370z was suppose to be much faster than it is. It ened up being heavier than expected.
The EVO X was also supposed to be a lot faster than it is. It also ended up being heavier than expected.

The Mustang GT ..........

[jrc1122]

So far the resale has been really good for the Camaros. I don't think one new car on the market will hurt it that bad.

The 5.0 Stang isn't and won't be God. It will be another powerful V8 Modern day muscle car, nothing to get overly excited about. Finally it will be close to it's compeition. Maybe even have a slight edege. Kudos to Ford, it only took what 47 year?

[wer2foxs]

IMO the Mustang market is so saturated with these models from before it is just another claim to try and top the competition. I guess we will see.

[superstockcam]

Mine is 8 months old, I have a serious offer for 5k over what I paid "including tax". only key points for him is ABM, no GFX and under 10k VIN, looks like mine will never be worth less??? BTW, NOT for sale!!

[Ambitious09]

I read on yahoo 6to8k drop after the first year for the ls and on year 2 for the 2lt 7k. Dunno but I'm waiting tto see the numbers though

[Aquaman]

Originally Posted by superstockcam

Mine is 8 months old, I have a serious offer for 5k over what I paid "including tax". only key points for him is ABM, no GFX and under 10k VIN, looks like mine will never be worth less??? BTW, NOT for sale!!

I think you're dreaming. Look at this thread.

http://www.camaro5.com/forums/showth...08#post1344008

By the way, mine is an ABM Camaro. I would sell mine for $5k over MSRP.

[nickmccally]

Originally Posted by MikeW

Here is a link to the 2011 Mustang technical specs.

media.ford.com/images/10031/2011_Mustang_V6_Specs.pdf

It is for a V6. Est weight is 3750 lbs for a coupe, 4000 lbs for a conv.
Couldn't find a link for the V8, but I expect the V8 model would have a slightly higher weight.

Weight gain is 60-70 lbs on all models.

v8 gained 70lbs total and is at 3603lbs.

[mlee]

Camaro is #3 on the Kelly Blue Book site for best resale. It's #1 in the performance category... for what it's worth...

http://www.kbb.com/car-awards/best-r...electedindex=3

[Aquaman]

Originally Posted by nickmccally

Weight gain is 60-70 lbs on all models.

v8 gained 70lbs total and is at 3603lbs.

No doubt, the new Mustang GT will be a monster car.

Actually, the best performance car out there is the Corvette, bar none.

As far as muscle cars go, the best one out there is the Mustang GT500.

The Camaro is a great car, but does not compare to the above for performance.

[Aquaman]

Originally Posted by 2SSARME

Who cares. None of us are going to sell our beautiful beasts

I see you post everywhere on these forums, pumping your chest on how beasty and fast your car is. The SS is a great car, but if you really wanted to be the king of the road, why didn't you buy a Corvette or a Mustang GT500?

The SS is a great car, but it's not the fastest car out there and as far as handling goes, it's off the mark. The V6 does better in the G skid pad. The SS is heavy. I got to think in the next 2 to 3 years, Chevrolet will "enhance" the Camaro and make it better and lighter.

[nickmccally]

I want a GT500.. If only they were in the $35k range

I would get a vette, but I need a decent DD while looking good..

[Aquaman]

Originally Posted by nickmccally

I want a GT500.. If only they were in the $35k range

I would get a vette, but I need a decent DD while looking good..

I see used 2009 GT500's with less than 12,000 miles in the $36k range. A great buy for all that performance.

I still think the best buys out there is a used C6 corvette for around $25k with less than 40k miles. That car is true performance. If money is no object, get the ZR1.

[nickmccally]

Originally Posted by Aquaman

I see used 2009 GT500's with less than 12,000 miles in the $36k range. A great buy for all that performance.

I still think the best buys out there is a used C6 corvette for around $25k with less than 40k miles. That car is true performance. If money is no object, get the ZR1.

I don't do used cars, or I might own one.

[SGOS252382]

Originally Posted by Aquaman

No doubt, the new Mustang GT will be a monster car.

Actually, the best performance car out there is the Corvette, bar none.

As far as muscle cars go, the best one out there is the Mustang GT500.

The Camaro is a great car, but does not compare to the above for performance.

You just stated that the 2010 Camaro will "not compare" to the 2011 Mustang GT.
I think you need to take a drive in a well driven Camaro SS.

[Aquaman]

Originally Posted by SGOS252382

You just stated that the 2010 Camaro will "not compare" to the 2011 Mustang GT.
I think you need to take a drive in a well driven Camaro SS.

I have driven the SS. A great car. But I have also driven a stock C6 corvette and a supercharged C6 corvette. Absolutely no comparison if your goal is strict performance. I mean not even close by a long shot, if your goal is to pound your chest and let all know you have the fastest car.

The Camaro SS is a great muscle car as is the Challenger and Mustang. If your goal is to have a performance car with looks, all of the above are great.

What I chuckle about is the adolescents on the board screaming on the mountain tops how they blow away every car out there dragging. C'mon, if you bought the SS to be the fastest car, you blew it. If you bought the SS because it will be the best handling performance, you blew it. If you bought the SS to have a good looking car with performance, you hit it big.

[nickmccally]

Originally Posted by Aquaman

What I chuckle about is the adolescents on the board screaming on the mountain tops how they blow away every car out there dragging. C'mon, if you bought the SS to be the fastest car, you blew it. If you bought the SS because it will be the best handling performance, you blew it. If you bought the SS to have a good looking car with performance, you hit it big.

Couldn't have said it better.

[SGOS252382]

Originally Posted by Aquaman

I have driven the SS. A great car. But I have also driven a stock C6 corvette and a supercharged C6 corvette. Absolutely no comparison if your goal is strict performance. I mean not even close by a long shot, if your goal is to pound your chest and let all know you have the fastest car.

The Camaro SS is a great muscle car as is the Challenger and Mustang. If your goal is to have a performance car with looks, all of the above are great.

What I chuckle about is the adolescents on the board screaming on the mountain tops how they blow away every car out there dragging. C'mon, if you bought the SS to be the fastest car, you blew it. If you bought the SS because it will be the best handling performance, you blew it. If you bought the SS to have a good looking car with performance, you hit it big.

I've yet to read these "board screaming" posts and threads you're talking about.
Who in this forum has made comments about the Camaro SS being the fastest or best handling car out there?

But you made a point to say the Camaro didn't compare to the above mentioned cars which included the 2011 Mustang GT.
I disagree. I think the Camaro SS will hold its own against the 2011 Mustang.

Your description of the Camaro SS is "a good looking car with performance?" You much really love your Camaro (NOT).

If I remember correctly you think the Challenger is "HOT" but the Camaro is only "good looking"

You actually started a thread about how "hot" the Challenger is. That thread got locked by the mods. Just reading through that thread shows how you feel about your Camaro.
http://www.camaro5.com/forums/showthread.php?t=55376

Now you start a thread about the Camaro's resale value (thinking about selling yours?)

Then you try to convince people that the Camaro SS will not even compare to the 2011 Mustang.

It's pretty obvious what's going on.

[SGOS252382]

And do you remember these words. This is your quote: Aquaman
the Camaro I just bought is nice, but how I'm wishing now that I took the 60 day return option from GM.
This was because you wish you had bought a Challenger.
Now your selling the 2011 Mustang.


Your the only person I know that wanted to return their Camaro right after they purchasing it.

[ViperTomcat]

Originally Posted by 2SSARME

He should have gotten the real v8 and not the dumbed down v6...

Still don't know why the hell there is a v6 camaro...

Because not everyone had a wealthy sick father and fell into money and can afford a SS and a Benz.

Some people dont WANT a V8, some people CANT afford an SS. Some people WORK their ass off for a V6.

[Aquaman]

Originally Posted by 2SSARME

Clearly you can't read. Go back to the other Camaro/Mustang thread and tell me I am "pumping" my chest. I admit that the 2011 Mustang will be a good challenge, but the current GTs nowhere compare to the Camaro.

I didn't buy a GT500 because a camaro is just way to pretty. I have said on multiple occasions that I am seriously considering a GT500 instead of a second camaro. I don't want a used camaro and new GT500 are 46k+

Now, I would make a comment about you having a v6 and how it's a dumbed down fake muscle car, but I'll restrain myself.

You are all over this board screaming how much faster your car is and pumping your chest. You spent $44k on your Camaro, which is probably worth a whole lot less now and you could have gotten a GT500 for $46k. Hmm, let me think about that. You can get a stock Corvette for $45k and beat just about anything out there. Again, this is your mantra. Seems to me you made a big mistake.

My V6 is what it is. An everyday performing car with good looks. Does it look as good as the Challenger?, not in my opinion. Does it look better than the 2010 Mustang?, I think so.

But your adolescense shows up big here. I can afford just about anything I want. If my main goal was to pump my chest on these boards because my car defines me, well then I would be buying a Corvette or a Gt 500, especially if I dropped $44k on a very fast depreciating piece of equipment.

I also have the hunch, you will be flipping your car for the next better thing. Just a hunch. Nice, if someone else covers the cost.

[ViperTomcat]

Originally Posted by 2SSARME

As much as I want to be a total dick to you, I won't. Yeah I consider myself luckier than most people, so what do you want me to do? Refuse it?

Most V6 camaros are 2LT/RS, which is actually more expensive than a base 1SS.

No, but understand that the V6 Camaro was made for the people who cant afford the SS. The fact that alot of people make the V6's more expensive than the V8's doesnt change the fact that they made the V6 as the budget option.

For some people 304 HP is enough, and they have the gas mileage to go with it.

Your post just sounded a bit..disconnected from reality.