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Model/Year
Demand/Season
Finance Rates
Comparable Market
Availability
All these things play a factor on the value of a used car.
I have been flipping cars as a side business for years. With the right timing, research, and a little negotiating savy, you can definitely hit the upper echelon of used car, trade-in or resale value. This can maximize your sale price if you sell it outright, or, can give you a very high trade in value towards your next car.
Take the 5th gen Camaro for example: I would rate it as highly-desired. Sales have been high, popularity is high, car value per list price I would rate as high as well.
Now, we have two model years of the car under our belt. Since the 5th gen Camaro was built on a new platform, and there is minimal continuity with the previous gen Camaro, it serves almost as a "new model" car.
Since the time on the market is limited in scope, REGARDLESS if a Camaro is new or used, there is still only a limited amount of cars in the market. As more model years come and go, and more units are produced, obviously this ratio changes.
However, imo and experience, now is the "sweet spot" range of availability. People are trying to buy a specialty car in a non-specialty car market - and sales are very strong. This makes for a very strong and competitive used car market for the 5th gen Camaro.
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2010 Camaro 2SS/RS (LS3)
573 RWHP 498 RWTQ
- Vortech V3 Supercharger
- Kooks Stepped Headers, Magnaflow 16580
- Suspension by Pfadt, Hotchkis.
2007 Trailblazer SS- Sold
2001 Trans Am WS6 431 RWHP 408 RWTQ - Sold
1994 Camaro Z28 - Sold
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