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Old 03-23-2015, 11:05 PM   #1
BaneSlayer
 
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Camaro v6 vs GTO...for trade.

Hello guys, today I went to a dealer and was offered a deal. A 2005 Pontiac GTO 6.0 V8 with 73,000 miles on it. All leather etc clean car fax. I could get it for the same monthly payment that I'm paying now, but they would take a year off of my payments so I'll have a smaller payoff time and the same payment which is great. The GTO's power is great as well. It felt awesome. It sounded sweet too. But then again, I'm sitting here thinking, my 2011 Camaro with 52,000 miles for a 2005 GTO with 73,000. It just looks kinda like a rice burner to me. But the deal for a v8.... My brother said do it. My best friend and girlfriend are iffy. And the salesman is begging me to lol.
What is you guys stand point on that? I do want to get a Camaro SS down the road but I'm not sure if I should wait . Thanks guys.
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Old 03-23-2015, 11:15 PM   #2
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Some more.
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Old 03-23-2015, 11:19 PM   #3
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Umm....wait... What...for real... Just get a SS??? How much do you have left on the camaro ?
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Old 03-23-2015, 11:24 PM   #4
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Do it.
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Old 03-23-2015, 11:34 PM   #5
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Do it.
^ This. Id consider it an upgrade. But an SS should also be in your sites. All great cars, cant go wrong either way. However, once you get a taste for v8 power be prepared to upgrade frequently. Just look at my sig.
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Old 03-23-2015, 11:46 PM   #6
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True. Here's my issue. My credit score isn't very high at the momen . And the GTO was 19,995. They knocked it down to about 14,000 which I won't be finding a Camaro SS for that right now. But when I do want an SS, I don't wanna owe more than the GTO is worth. So I'm worried. The money isn't even a big issue, I just don't wanna feel like an idiot who had a almost new Camaro 5th Gen and went back to a GTO, but then again I feel like that 400 HP is calling me.
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Old 03-24-2015, 12:12 AM   #7
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The only thing great about the GTO is the LS2...they are fat ladies too @ 3700lbs and kinda bland looking.. wait till the gen6 Camaros are out and 10-13 SS will be going down in price.
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Old 03-24-2015, 01:03 AM   #8
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GTO may fare better on resale, why not just save your money and buy a 6th gen three or four years from now? It is fun to go into a dealership and pay cash.
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Old 03-24-2015, 05:51 AM   #9
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Your Camaro IMO is a better car in every way except horsepower. Maybe add some performance mods/dyno tune, or wait a little longer to see what happens with the prices on the 2015s when the Gen6 is released. You have a desirable year and color, so you'll never have a problem getting a decent trade.
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Old 03-24-2015, 05:55 AM   #10
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Here's a very rough estimate black book value on the GTO. They're selling it to you for the lower end of book value:

http://www.kbb.com/pontiac/gto/2005-...icetype=retail

In other words, they're not doing you any favors and had it marked WAY UP at $18k. They're still likely making money on the sale, plus the eventual sale of your Gen5. I realize that's how they operate and survive, just sayin' there's more blood to squeeze from them here.

I would walk from the deal. See if they sweeten it.
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Old 03-24-2015, 06:26 AM   #11
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A GTO rear end gets real squirrely to when you get on it. Not as well laid out as a Camaro. Fun car to drive but I think you are heading backwards in cars.
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Old 03-24-2015, 07:31 AM   #12
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Its a v8 go for it.
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Old 03-24-2015, 08:11 AM   #13
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The only thing great about the GTO is the LS2...they are fat ladies too @ 3700lbs and kinda bland looking.. wait till the gen6 Camaros are out and 10-13 SS will be going down in price.
^. I agree a V8 is tempting, my brother was teasing me when he got his mom's old 87 IROC, it sounded great (even with a broken exhaust system) but # wise and performance and just daily driving my 1LS was way better. I would recommend waiting until the 6th Gen comes out and snag a nice 5th Gen (I got mine recently because the deal was too good). Also if I'm gonna have payments on a car I wouldn't want an older one that may break down (just my personal opinion, either own outright or have it reliable).

Just my $0.02
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Old 03-24-2015, 08:38 AM   #14
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Originally Posted by BaneSlayer View Post
Hello guys, today I went to a dealer and was offered a deal. A 2005 Pontiac GTO 6.0 V8 with 73,000 miles on it. All leather etc clean car fax. I could get it for the same monthly payment that I'm paying now, but they would take a year off of my payments so I'll have a smaller payoff time and the same payment which is great. The GTO's power is great as well. It felt awesome. It sounded sweet too. But then again, I'm sitting here thinking, my 2011 Camaro with 52,000 miles for a 2005 GTO with 73,000. It just looks kinda like a rice burner to me. But the deal for a v8.... My brother said do it. My best friend and girlfriend are iffy. And the salesman is begging me to lol.What is you guys stand point on that? I do want to get a Camaro SS down the road but I'm not sure if I should wait . Thanks guys.
If the salesman is begging you to do it, you are getting hosed.
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