If bancrupcy messes up Gm badly... - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

LosXC451 · 04-16-2009, 08:08 AM

(HYPOTHETICAL SITUATION) If bancrupcy does not work out and GM cannot build the 5th gen Camaro anymore so it tremendously raises in value, what would you do? Garage the Camaro and buy a different car?

Personally, I would Garage the Camaro and buy a Subaru WRX STI in black

DkknightX · 04-16-2009, 08:25 AM

Quote:

Originally Posted by LosXC451

(HYPOTHETICAL SITUATION) If bancrupcy messes up GM badly and they cannot build the 5th gen Camaro anymore so it tremendously raises in value, what would you do? Garage the Camaro and buy a different car?

Personally, I would Garage the Camaro and buy a Subaru WRX STI in black

Isn't the point of buying a Camaro is to avoid fueling "Rice" mobiles? WRX is garbage anyway. Over-rated and they look like ass. I smoke those things all the time in my Cobalt SS/SC. WAY over-rated.

Silver Streak · 04-16-2009, 08:43 AM

Quote:

Originally Posted by DkknightX

Isn't the point of buying a Camaro is to avoid fueling "Rice" mobiles? WRX is garbage anyway. Over-rated and they look like ass. I smoke those things all the time in my Cobalt SS/SC. WAY over-rated.

You can't be even close to stock then!

As for as the OP question, I will drive my Camaro wether GM has to file or not. No sense in having a car you aren't going to enjoy. GM will be around though IMO. If you are that worried about it though, just buy 2!

dbotsfordtat · 04-16-2009, 08:44 AM

I know I harp on this a lot, but.... GM's not going anywhere, this is merely an exercise in debt transfer, all the big companies are doing it now. As a bonus, instead of paying for healthcare, your grand kids tax dollars will be servicing these bad debts. If your really looking for a collectible, find and hold on to pay stubs that reflected a living wage. Ten years from now, no one will believe they ever really paid workers that much.

*The_Blur* · 04-16-2009, 08:46 AM

Even if the Camaro ends production, GM is still the right choice for an automaker. GM consistently produces outperforming, quality-built automobiles for both the average driver and the avid enthusiast.

snizzle · 04-16-2009, 08:46 AM

Don't buy it for investment reasons. Buy it to drive it.

DkknightX · 04-16-2009, 08:50 AM

Quote:

Originally Posted by Silver Streak

You can't be even close to stock then!

As for as the OP question, I will drive my Camaro wether GM has to file or not. No sense in having a car you aren't going to enjoy. GM will be around though IMO. If you are that worried about it though, just buy 2!

Nope, nowhere near stock.

DDA_Skull · 04-16-2009, 08:50 AM

Quote:

Originally Posted by snizzle

Don't buy it for investment reasons. Buy it to drive it.

i AGREE.

Most people that are switching to the 370Z are saying the only reason they are is cause its better on the track....... Honestly, how often are you going to take your car to the track and hammer on it?

TomServo · 04-16-2009, 08:53 AM

No one will know, understand or predict the full impact of a GM bankruptcy for years.

That's the problem - the unknown or uncertainty is what will initially cause the distress. Are folks willing to make the second largest purchase in their life not know what the future holds?

That's basic human nature; enthusiasts (very small percentage of car buyers) will buy anything anytime w/o regard to these issues. They alone will not keep GM afloat that’s where things become cloudy. And should be cause for concern.

LosXC451 · 04-16-2009, 08:54 AM

I am buying it to drive it, but if something happens to GM and they can't produce it anymore my dad's making me keep it in the garage and I can't drive it.

Zabo · 04-16-2009, 09:06 AM

If it does, it just mean that my camaro dreams just tanked. Which in that case If Fiat still had some 09' Challenger R/Ts left on the lot..

Either way, I'm getting a pony car..and it ain't gonna be no "pony" if you know what I mean.

Rogue Leader · 04-16-2009, 09:07 AM

Id still drive the wheels off it....

LosXC451 · 04-16-2009, 09:08 AM

Quote:

Originally Posted by DkknightX

Isn't the point of buying a Camaro is to avoid fueling "Rice" mobiles? WRX is garbage anyway. Over-rated and they look like ass. I smoke those things all the time in my Cobalt SS/SC. WAY over-rated.

By the way...you don't buy a car based on other people's cars, you buy it based on your needs/wants. If you buy a Camaro because other people have Honda Civics with an obnoxious exhaust and neon lights all over the car, then you are very confused on the meaning of owning a Camaro.

And are you sure you smoke WRX STI's in your cobalt all the time, if so I hope your 0-60 is 4.7 seconds or faster...which for some reason I highly doubt. http://www.motortrend.com/roadtests/...val/index.html

LosXC451 · 04-16-2009, 09:12 AM

Quote:

Originally Posted by Zabo

If it does, it just mean that my camaro dreams just tanked. Which in that case If Fiat still had some 09' Challenger R/Ts left on the lot..

Either way, I'm getting a pony car..and it ain't gonna be no "pony" if you know what I mean.

Quote:

Originally Posted by Rogue Leader

Id still drive the wheels off it....

04-16-2009, 08:08 AM	#1
LosXC451 Drives: 2010 SS SIM w/ RS Join Date: Feb 2009 Location: Miami, Fl Posts: 1,222 View My Garage	If bancrupcy messes up Gm badly... (HYPOTHETICAL SITUATION) If bancrupcy does not work out and GM cannot build the 5th gen Camaro anymore so it tremendously raises in value, what would you do? Garage the Camaro and buy a different car? Personally, I would Garage the Camaro and buy a Subaru WRX STI in black __________________ My car: http://www.camaro5.com/forums/showthread.php?t=17740 Last edited by LosXC451; 04-16-2009 at 10:44 AM.

04-16-2009, 08:46 AM	#5
The_Blur Moderator Drives: 2018 Harley-Davidson Street Bob Join Date: Nov 2007 Location: San Diego Posts: 14,768	Even if the Camaro ends production, GM is still the right choice for an automaker. GM consistently produces outperforming, quality-built automobiles for both the average driver and the avid enthusiast. __________________ RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet// Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban

04-16-2009, 08:54 AM	#10
LosXC451 Drives: 2010 SS SIM w/ RS Join Date: Feb 2009 Location: Miami, Fl Posts: 1,222 View My Garage	I am buying it to drive it, but if something happens to GM and they can't produce it anymore my dad's making me keep it in the garage and I can't drive it. __________________ My car: http://www.camaro5.com/forums/showthread.php?t=17740

04-16-2009, 09:07 AM	#12
Rogue Leader Iatefiberglassinsulation Drives: 2010 Camaro 2SS M6 Join Date: Oct 2008 Location: Long Island Posts: 3,601 View My Garage	Id still drive the wheels off it.... __________________ 2010 Chevrolet Camaro SS - was daily driver, now toy 2020 Alfa Romeo Giulia Quadrifoglio - Daily Driver 2017 Mercedes Benz GLE 350 - Wifes Car 2008 Chevy Silverado 2500 HD LT 6.0 - Tow Vehicle 1991 Alfa Romeo 164S - Project Car 1994 Volkswagen Golf - Race Car "Like" my race team on Facebook: http://www.facebook.com/farfrumwinnin

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
If anyone messes with autocad.	Mindz	Camaro Photos \| Spyshots \| Video \| Media Gallery	23	12-03-2010 10:09 PM
Did I Underprice Myself too badly?	DkknightX	General Automotive + Other Cars Discussion	8	04-03-2009 10:58 PM

04-16-2009, 08:44 AM	#4
dbotsfordtat Drives: 2016 Camaro Join Date: Nov 2008 Location: Iowa Posts: 499	I know I harp on this a lot, but.... GM's not going anywhere, this is merely an exercise in debt transfer, all the big companies are doing it now. As a bonus, instead of paying for healthcare, your grand kids tax dollars will be servicing these bad debts. If your really looking for a collectible, find and hold on to pay stubs that reflected a living wage. Ten years from now, no one will believe they ever really paid workers that much.

04-16-2009, 08:46 AM	#6
snizzle Recalled user Drives: '12 Camaro SS, '18 Colorado Z71 Join Date: Mar 2009 Location: Richmond, VA Posts: 3,522	Don't buy it for investment reasons. Buy it to drive it.

04-16-2009, 08:53 AM	#9
TomServo Drives: 2007 Z06 Join Date: Oct 2008 Location: Swansea IL Posts: 727	No one will know, understand or predict the full impact of a GM bankruptcy for years. That's the problem - the unknown or uncertainty is what will initially cause the distress. Are folks willing to make the second largest purchase in their life not know what the future holds? That's basic human nature; enthusiasts (very small percentage of car buyers) will buy anything anytime w/o regard to these issues. They alone will not keep GM afloat that’s where things become cloudy. And should be cause for concern.

04-16-2009, 09:06 AM	#11
Zabo Gunning for Sixth Drives: '03 ZR2 Blazer Join Date: Sep 2008 Location: Woodhaven, Michigan Posts: 9,358 View My Garage	If it does, it just mean that my camaro dreams just tanked. Which in that case If Fiat still had some 09' Challenger R/Ts left on the lot.. Either way, I'm getting a pony car..and it ain't gonna be no "pony" if you know what I mean.