Used Camaro Price Gouging! WOW! - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Jaycee8980 · 03-19-2010, 10:29 PM

Just thought I would share my story with you. Was driving on riverdale road in west springfield, ma when I saw a Red LT1 Camaro. It was at Balise Toyota and it was situated in the front of the lot, on a "hill" as to showcase it to passing drivers.

It was an automatic, with RS Package and Sunroof. Had almost 8k miles on it. Since I was relatively interested I gave the body a look. Couple scratches, then I saw a huge chip off the paint. Deep enough that it made it through all the layers of paint and enamel. It was filled in with red touchup paint. I kept walking around it. Two small dings in the driverside door.

There were no salesmen around so I just left after I checked it out. I then decided to call the dealership, half expecting them to take me for an idiot on the price and I was right. $25,000. Are you kidding me? I didn't even bother negotiating, just hung up. I am confident that they actually think it'll sell for that price and are firm. I'm taking my business somewhere else. I am thinking 2011 anyway but comeon.

The thing is in GOOD condition, not exellent, not great.

Am I justified in thinking that that is price gouging or what?

HondaPowered · 03-19-2010, 10:38 PM

yes and no, it is still a hot car.

christianmotox · 03-19-2010, 10:42 PM

Yep, the coolest car in the road does not come cheap

RaspyRon · 03-19-2010, 10:46 PM

What do you think it's worth?

Jaycee8980 · 03-19-2010, 10:47 PM

For 1.5k more I can have all that new, and without dents and a huge chip in the paint. And with 8k less miles

then again I get the preferred pricing, but even thats not all that much off MSRP

Maybe I am just being critical at this point?

Miketebo22 · 03-19-2010, 10:58 PM

I wouldnt call it gouging...this car has the highest resale value of any car in its market, and its bordering on being worth more used than new.

Scrappy Doo · 03-19-2010, 11:07 PM

http://minneapolis.craigslist.org/da...651982923.html

Jaycee8980 · 03-19-2010, 11:09 PM

The demand on this is very high, agreed, but until the 2011's and 2012's come out, we won't truly know which way the depreciation curve will go.

I don't think I would be so shocked if the car was in great condition, but its not.

RaspyRon · 03-19-2010, 11:14 PM

Quote:

Originally Posted by Scrappy Doo

http://minneapolis.craigslist.org/da...651982923.html

Add the RS pkg and sunroof and your at about $25,600

Scrappy Doo · 03-19-2010, 11:17 PM

Quote:

Originally Posted by RaspyRon

Add the RS pkg and sunroof and your at about $25,600

Sounds about right.

They have had that car for sale for months........

heres another 1..... WTF.

http://minneapolis.craigslist.org/ws...642501403.html

ron10 · 03-19-2010, 11:17 PM

Jaycee8980 · 03-19-2010, 11:24 PM

Quote:

Originally Posted by Scrappy Doo

Sounds about right.

They have had that car for sale for months........

heres another 1..... WTF.

http://minneapolis.craigslist.org/ws...642501403.html

27k...Are you kidding me?

GearheadSS · 03-19-2010, 11:27 PM

Keep in mind that the 25k price is their asking price. Do you really think that they're going to quote you their lowest price on the phone? No dealership is going to do that.

Scrappy Doo · 03-19-2010, 11:29 PM

Quote:

Originally Posted by Jaycee8980

27k...Are you kidding me?

Just order a new one. Buying a lightly used car only makes sense on certain vehicles. The Camaro is not one of those vehicles.

Unless you find somebody who needs to give theirs away........

http://minneapolis.craigslist.org/ws...645733883.html

if it seems to good to be true.......

03-19-2010, 10:29 PM	#1
Jaycee8980 Drives: 2001 Kia Rio Join Date: Mar 2010 Location: West Springfield, MA Posts: 6	Used Camaro Price Gouging! WOW! Just thought I would share my story with you. Was driving on riverdale road in west springfield, ma when I saw a Red LT1 Camaro. It was at Balise Toyota and it was situated in the front of the lot, on a "hill" as to showcase it to passing drivers. It was an automatic, with RS Package and Sunroof. Had almost 8k miles on it. Since I was relatively interested I gave the body a look. Couple scratches, then I saw a huge chip off the paint. Deep enough that it made it through all the layers of paint and enamel. It was filled in with red touchup paint. I kept walking around it. Two small dings in the driverside door. There were no salesmen around so I just left after I checked it out. I then decided to call the dealership, half expecting them to take me for an idiot on the price and I was right. $25,000. Are you kidding me? I didn't even bother negotiating, just hung up. I am confident that they actually think it'll sell for that price and are firm. I'm taking my business somewhere else. I am thinking 2011 anyway but comeon. The thing is in GOOD condition, not exellent, not great. Am I justified in thinking that that is price gouging or what?

03-19-2010, 10:38 PM	#2
HondaPowered Drives: '09 Honda Civic LX Join Date: Jun 2009 Location: Knoxville Posts: 562	yes and no, it is still a hot car. __________________ Saving up for a camaro. Dream camaro is either a 1/2SS with RS, black with red stripes, or red with white stripes. No rice with my order.

03-19-2010, 10:46 PM	#4
RaspyRon Drives: 2010 Camaro 2LT RS SIM Join Date: Feb 2010 Location: Palm Harbor, Florida Posts: 201 View My Garage	What do you think it's worth? __________________ The "ENTICER"

03-19-2010, 10:58 PM	#6
Miketebo22 Iceman Drives: SOLD #20,908 SS waiting for ZL1 Join Date: Apr 2009 Location: Rapid City SD Posts: 557	I wouldnt call it gouging...this car has the highest resale value of any car in its market, and its bordering on being worth more used than new. __________________ 2G1FT1EW8A9120908

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03-19-2010, 11:09 PM	#8
Jaycee8980 Drives: 2001 Kia Rio Join Date: Mar 2010 Location: West Springfield, MA Posts: 6	The demand on this is very high, agreed, but until the 2011's and 2012's come out, we won't truly know which way the depreciation curve will go. I don't think I would be so shocked if the car was in great condition, but its not.

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03-19-2010, 11:27 PM	#13
GearheadSS Drives: 23 LT1/22 Colorado TB/69 Chevelle Join Date: Jun 2006 Location: Greenville, Tx Posts: 4,970 View My Garage	Keep in mind that the 25k price is their asking price. Do you really think that they're going to quote you their lowest price on the phone? No dealership is going to do that.