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Old 09-19-2015, 10:25 AM   #19
jd10013


 
Drives: 2012 camaro
Join Date: Feb 2012
Location: central VA
Posts: 3,199
Quote:
Originally Posted by Swanys 2SS View Post
I cant believe how low the values have fallen on my 2013 Camaro 2SS only to get worse when the 2016 is out. stealerships making offers starting at $22,000

actually sounds about right. 30k KBB is a dream, never going to get that private party unless somebody really stupid with a lot of money happens along. upper 20's is a realistic number. like any other business, a car dealership exists to make money. the only way they're going to do that is if they buy the car for 30% or so less than they can sell it for. maybe some of that goes into a fountain , but most is used to pay the overhead (taxes, lease, utilities, insurances etc) and the employees. it's really not that complicated, and kind of surprising how few people actually understand it. sure, in fantasy land you could buy a car a $1 over cost, get free maintenance, repairs and then sell it for the same amount the dealership could resell it for. but that would be fantasy land, not reality. and add to that the camaro is a low appeal car that will probably sit on the lot for quite awhile.
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