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Old 02-25-2009, 07:35 AM   #15
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Your first move was the correct one. Joining this forum and educating yourself about the camaro. When you go to the dealer you will unlikely know much more about the car than he/she will. Because you are female they will try to take advantage; we all know that or at least are wary of it. Let the salesperson talk to you about the car and come back to the forum and give us all a laugh. People on here are very knowledgable and willing to answer any question. Don't be impetuous and fall victim to the dealer before coming back to the forum for the correct answers.
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Old 02-25-2009, 07:42 AM   #16
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Welcome.

But consider 3/11 the last day to be ordering...3/15 is a sunday, 3/14 is a busy day at dealerships, and the dealer may do ordering on Thursdays...

Dealers may or may not have allocation for the first run of cars through September...and many are saying they do, but they do not and there's no way for them to prove it to you. Any dealer over his allocation is selling cars out of the last quarter of 2009 - not a bad thing, you'll still get a car, and the price is locked in regardless when it arrives, if it ordered BEFORE the date I mentioned above.
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Old 02-25-2009, 07:52 AM   #17
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Welcome to the site Yup everyone here is right you will get more money for your car to sell it outright, on your own.

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Old 02-25-2009, 10:01 AM   #18
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Question I don't know

if this applies but here in Florida you get a tax break if you trade in your car. The trick is how much you need on the open market to match your tax break with a trade-in
i.e. Cost of Camaro $36,000 your trade in value $16,000 you would pay a tax on $20,000. If you sell your car outright you would be taxed on the $36,000 and then they take off your down payment.

I think I have this right
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Old 02-25-2009, 10:26 AM   #19
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If you purchase this year you get a federal write off on sales tax so it isn't quite as big an issue as it would have been last year
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Old 02-25-2009, 10:36 AM   #20
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welcome nothing better then a hot girl in a hot car!!!!! much love for all camaro fans
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Old 02-25-2009, 02:23 PM   #21
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I would suggest that you have the dealer give you a firm trade-in price on your car when the order changes status and is going to be built. Then you will have a month or so to sell it on your own and if you can't get more, then trade it in. This advise is worth just what it cost you. Good luck.
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Old 02-25-2009, 03:11 PM   #22
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Quote:
Originally Posted by CamaroScotty View Post
Welcome.

But consider 3/11 the last day to be ordering...3/15 is a sunday, 3/14 is a busy day at dealerships, and the dealer may do ordering on Thursdays...

Dealers may or may not have allocation for the first run of cars through September...and many are saying they do, but they do not and there's no way for them to prove it to you. Any dealer over his allocation is selling cars out of the last quarter of 2009 - not a bad thing, you'll still get a car, and the price is locked in regardless when it arrives, if it ordered BEFORE the date I mentioned above.
Is this common for dealers to place orders on Thursday? That's what my guy said. He saves orders during the week and weekend and places them on Thursday.

Oh, and on a side note.................. I got 1000.00 (refundable if there is a problem) if I just decide I don't want the car, it's non-refundable. Thanks for the offer though.
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Old 02-25-2009, 03:12 PM   #23
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Old 02-25-2009, 03:20 PM   #24
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Welcome from your forum members, north of the boarder I'm sure everyone has answered your questions, in many different ways, but with the same outcome.
Take the time and look around and read the posts in all the other categories, and you will be amazed and the info you can get.
ABSOLUTELY AN AWESOME SITE!
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Old 02-25-2009, 10:24 PM   #25
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Ditto on all advice given. Here's another, use your credit card for the deposit, AMEX if possible. Should you have to cancel the order, the dealership goes bellyup, whatever, you're less likely to be out the money. With the economy the way it is who knows what will happen between now and the day your car (is supposed) to come in. You can dispute the charge thru your credit card company. AMEX is best at this. Good Luck!
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Old 02-25-2009, 11:03 PM   #26
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Originally Posted by roadie2991 View Post
Welcome! Something else that you need to take into consideration is that if you sell your car yourself, you'll be paying sales tax on the entire purchase price of your new Camaro. However, if you trade your present car in, you'll only pay sales tax on the difference in the value of the two cars. As new as your car is, it will be worth quite a bit, so you won't have to pay very much in sales tax. kbb.com can tell you the trade-in value of your car. When you find a dealer that you like and are ready to place an order, ask them to bid your car in its present condition. They should be willing to do so, but won't commit to paying that in a few months (too many things can change in that time). But, at least in will give you a pretty good idea what they will be willing to do.
This is what I have been considering, my trade in(as of today) is about $10,000, so I would only be paying tax on $28,000 not to mention financing a few thousand less on the car since my vehicle is worth more than I owe.

I could try and sell it myself, possibly for $2,000 more than trade in. That works out to be about $700 more in taxes. So it works out better if I can get the extra by selling it myself.

So I plan on trying to sell it myself once I get the '94 Firebird fixed up a bit.

I used Edmunds for my estimates, they've been pretty reliable for me in the past.
I guessed on the taxes, I think it's 7% here, not sure if vehicle tax is a different rate.
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Old 02-26-2009, 06:00 AM   #27
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Originally Posted by Txturbo View Post
Welcome Miriam.....personally, I don't trade in cars. Sell it yourself if possible. If you trade it in you aren't going to get as much for it.You've come to a good place for info and you've chosen the right car. There is a dealer in or around Austin that some people on this board have used. Henna Chevrolet, 8805 N I-35, Austin, TX. Not sure if they have any allocation left, but if you plan to buy after March 15th, it won't matter.
Yes, Henna ftw, theyre good people. Stay away from Capitol Chevy as if your life depended on it.
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Old 02-27-2009, 02:03 AM   #28
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Thanks for all the replies everyone. Of course answers always lead to more questions. My boyfriend used to work at Henna as a service advisor so I'm hoping I can get some insider tips there. I'm not afraid to crawl around under the hood of a car, so I usually do pretty well dealing with the occasional dork who wants to pull one over on me because I'm a girl. I'll still be dragging my boyfriend along as backup though.
I'm still a little ditzy on the trade-in thing. KBB says my cars value is about 29k. I'm assuming GM will credit that towards the price of the camaro. But I still owe 18k on my infiniti. So how is the financing on my infiniti resolved?
I saw there is an option to ad a subwoofer. I have a 12 inch punch and alpine amp in my infiniti that I love. Does the upgraded stereo package with the 2SS include a sub?
Any feedback on dealerships in Houston or San Antonio? Is there anywhere that I could actually see a camaro besides an auto show?
As far as allocation...Is there a waiting list if all the cars have already been ordered?
Thanks everyone!
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