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Arachnyd · 04-03-2012, 04:28 AM

OK, so we have a 2011 camaro LS. We went to see what we could get for it if we trade it in. It has only 8000 miles on it.

Well guess what? they will give us more than we paid for it new (no joke??)

So I looked up KBBs value charts. An excellent 2011 camaro LS with 8k miles is worth $23,492.

Now if you were to buy a 2011 camaro today, it has $1000 bonus cash off a $22,805 starting price, or in otherwords, its $21,805 new... WITHOUT talking the dealer down a penny.

now wait what about tax... Yes tax brings it to 23,222.

So in other words, a well driven 8000 mile camaro is worth more than a brand new one, no bargaining, plus tax?

I could go buy a new one, drive it to california, drive it back to ohio, and take it to carmax, and make a profit... so why doesn't the dealer at chevy literally take his new car and sell it straight to carmax?

What just doesnt seem right about this???

Anyway, 99% decided to trade it in just because its worth so much... and if we decide to buy another one in a week, we'll just make a few hundred bucks doing it

04-03-2012, 04:28 AM	#1
Arachnyd Master of all trades Drives: 2many2count Join Date: Dec 2009 Location: West Chester, OH (near cincy) Posts: 732	Used car values > New car?? Trade in rediculously high? I thought cars LOST value? OK, so we have a 2011 camaro LS. We went to see what we could get for it if we trade it in. It has only 8000 miles on it. Well guess what? they will give us more than we paid for it new (no joke??) So I looked up KBBs value charts. An excellent 2011 camaro LS with 8k miles is worth $23,492. Now if you were to buy a 2011 camaro today, it has $1000 bonus cash off a $22,805 starting price, or in otherwords, its $21,805 new... WITHOUT talking the dealer down a penny. now wait what about tax... Yes tax brings it to 23,222. So in other words, a well driven 8000 mile camaro is worth more than a brand new one, no bargaining, plus tax? I could go buy a new one, drive it to california, drive it back to ohio, and take it to carmax, and make a profit... so why doesn't the dealer at chevy literally take his new car and sell it straight to carmax? What just doesnt seem right about this??? Anyway, 99% decided to trade it in just because its worth so much... and if we decide to buy another one in a week, we'll just make a few hundred bucks doing it __________________ 2010 Camaro SS modified extensively. I stretched the body to make it a 4 door, but I swapped in the 3.6L DI V6 for fuel economy. Then I picked up a corvette body around the V8. I also swapped the body for a C2 Z28. (In short I traded it for three cars, a Corvette Z06r, a C2 Camaro Z28, and a Cadillac CTS Summer Performance package 3.6L DI with Aisin 6spd.)