Switch from 2LT to 2SS - burning money?

[stoopid]

Regarding the rims, what isn't working for me* are the tires being too tall. In comparison, I like the look of a small sidewall tire like this in a white rim:



^^^ This is a dropped car, in order to get the exact same effect you'd probably have to go with even larger tires/rims (?).

* - Of course, beauty in the eye of the beholder. But since we're discussing...

[Steffen]

Originally Posted by stoopid

If the Gen6 looks attractive, you can expect a fire sale on existing Gen5 stock sometime late this year (to literally make room for the Gen6). I wouldn't entertain any moves until then. Your trade-in won't suffer enough between now and then to factor, but the incentives are likely going to be big. Worse case - you get to drive what you have.

I agree!
Also, it's probably a good idea to keep a new car at least for 2 years straight. The depreciation is on its peak in the first year. Keeping the vehicle for 2 years will balance the deep impact from the first year somewhat.

I paid 35.500 $ for the 2LT RS vert, blue leather and NPP. A year after, today, I'd probably get around 26.000 $ for her. Having 7.000 miles on her only. That's a 9.500 $ loss in 12 months...
Next year, spring 2016, I might get 23.000 $ for her, assuming 17.000 miles max by then.

This gives in total: (9.500 + 3.000) / 2 = 6250 $ loss per year or well ~500$ per month for first two years...

(Carrying it on per month: 500$ loss + 140 insurance + 200 gas + ~70$ misc. (e.g. tires, cleaning, products, tax etc) === 910 $ per month!!!!!

Camaro ain't cheap!!


Lessons learnt: NEVER ever buying a new car again. One year old, two years old with factory warranty being intact etc. will do the trick. First year's depreciation is just too high in order to justify the pleasure.

[stoopid]

Actually, there's nothing wrong with a new car if you hold on to it for say 3 or more years and get a good rate, plus you factor in the warranty. Additionally, you know what the car's been through, while used the prior owner could have driven the snot out of it/modded it, etc. For as many people I've known who got decent used cars, many have also gotten stuck 1-10,000 miles later with a major mechanical issue and ended up spending $1k+ out of pocket (assuming it doesn't still have some bumper to bumper or drive train warranty left on it). Additionally, some used cars just aren't much of a deal. Subarus and Hondas for example have such good resale it usually doesn't make sense to buy used, especially lower miles.

[Cam77]

Originally Posted by Indydriver

I like front 3/4...

Damn that's one sweet vert you got their