Quote:
Originally Posted by calebparkin3
Its not so much Camaro thats retaiing its value its pretty much all used cars that are around 05 and up are maintaining a higher value than you would think. I see a lot of slightly used cars siting on lots next to new ones the exact same modle that will sell for cheaper with rebates than the used car.
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It is true that used cars have been holding their values stronger lately, however resale value is relative. Compare the Gen 5 resale value to the Mustangs for example and you can see what I am talking about. There are many factors involved in a vehicles resale value, one comes down to incentives.... all of those people who were able to get a killer deal on a Mustang hurts the resale value. A higher percentage of fleet sales can be an indicator of lower demand new which often carries over to the used car market.