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Old 09-20-2021, 09:41 AM   #1
JoeinSWFL
 
Drives: 2018 ZL1
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Thinking about trading my 6th gen Z in for a 5th gen Z

Some people called me crazy for thinking about this but I presently have a 6th Gen ZL1 vert with 23K on her. The payment is a bit steep and I have been thinking about getting a 2014 ZL1 vert.
I found one on Vroom with under 10K for 44K. Vroom wants to give me 55K trade in allowance and I owe 36K on my 2018. I'm looking for a lower payment which the 2014 will give me. I posted this question on a 6th gen forum and everyone thought I was crazy for downgrading to a 5th gen after having a 6th gen Z. I do realize I would be going to a somewhat slower and heavier vehicle.
Kinda pisses me off that the 6th gen group pisses all over the 5th gen Z's.

My question is should I go for it? I do love the styling of the 5th Gen Z's.

https://www.vroom.com/inventory/chev...5E9802320?b=gp
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Old 09-20-2021, 10:35 AM   #2
silversleeper
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Quote:
Originally Posted by JoeinSWFL View Post
Some people called me crazy for thinking about this but I presently have a 6th Gen ZL1 vert with 23K on her. The payment is a bit steep and I have been thinking about getting a 2014 ZL1 vert.
I found one on Vroom with under 10K for 44K. Vroom wants to give me 55K trade in allowance and I owe 36K on my 2018. I'm looking for a lower payment which the 2014 will give me. I posted this question on a 6th gen forum and everyone thought I was crazy for downgrading to a 5th gen after having a 6th gen Z. I do realize I would be going to a somewhat slower and heavier vehicle.
Kinda pisses me off that the 6th gen group pisses all over the 5th gen Z's.

My question is should I go for it? I do love the styling of the 5th Gen Z's.

https://www.vroom.com/inventory/chev...5E9802320?b=gp
I have to make a few assumptions with the info given. Short answer
d. none of the above.
I assume this is a driver car because you are making payments on a 4 year old car. You aren't looking for a garage queen.
- I normally wouldn't recommend going 4 years older on a car that is a driver you depend on and don't have lots of extra cash to replace shocks etc
- You would still be making payments. Banks don't like to loan if at all, on such a model year old car. How many years they stretch the payments are shorter too, so I assume payments wouldn't drop that much, could be higher even if e.g. only 24mo term.
- I got off the treadmill of car payments long ago. I am happier not changing cars every year and making perpetual payments. Get it paid off then keep it a long time. You get to save the mo payments for other things or the next car. My cars are 2017 and older, I was looking yesterday at getting a newer used car but prices are too high. New cars about 45-50k out the door for the daily family car I was looking at and not wanting to drop that kind of cash.


e. Keep the car and pay it off. Or, You don't feel the car is worth the sacrifice the payments put on you. Don't be afraid to be out of a fast car until you want to do that again someday, if ever.

f. Let vroom have it for 55k and buy a new corolla or something with the money you get after repaying the loan and adding in 5k or 10k for the 2022 you get, pay it off in 36mo or less. I'd start by seeing what kind of deal I'd get out the door trading it in at your preferred brand dealership.
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Old 09-20-2021, 01:05 PM   #3
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Very good advice from Silver, nothing I can add to that. From a performance, styling standpoint if you've always wanted a 5th Gen ZL1 maybe it's time to "scratch that itch". Sure, it doesn't have the performance of the 6th Gen but it's a convertible, more of a performance cruiser. Of course the 6 guys are gonna give you crap, they're loyal to what they own (as they should be). I definitely think the 5 looks better than the 6. If it's going to be your garage queen hobby car I say go for it. If it's just for financial adjustment then follow Silvers advice.
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Old 09-20-2021, 01:56 PM   #4
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I do agree with all the above for your reasoning, however in my opinion the 5th Gen ZL1 looks way better than the 6th Gen ZL1 and it just takes a little money (few thousands) to surpass the 6th Gen ZL in performance as well, Also I believe without a doubt that the 5th Gen ZL1 will bring more money years down the road just on the fact of less being manufactured than the 6th Gen not to mention appearance.
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Old 09-26-2021, 09:25 AM   #5
JoeinSWFL
 
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Silver thanks for the excellent post, you are right. If I get it, it will be a garage queen which I will take out a few times a week. Also how long does these magnaride shocks last? I heard they are expensive when it is time to replace them.

Dega Man, the more I look at the 5th Gens the more I like them. I sat in one before I bought my 2018 and was way more comfortable. I also believe they will be more sought after because they have been only made for a few years versus the 6th Gen is made from 2017 to 2023. Thanks for the replies everyone.
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Old 09-26-2021, 11:20 AM   #6
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My '13 mags are still as new. It depends on the road, and how driven mostly.

As far as looks, I agree. I have a 5th gen and love it...I do not like the looks of the 6th gen. Performance? I added 300 hp for about 20k. Try doing that with a 6th gen. But I'm skewed: I've had my '68 SS for 30 years.
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Old 09-27-2021, 08:33 AM   #7
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Its nice to hear, but if the car is behaving properly I'd just keep what I have.
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Old 09-27-2021, 09:09 AM   #8
JB'sZL1

 
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Quote:
Originally Posted by lbls1 View Post
Its nice to hear, but if the car is behaving properly I'd just keep what I have.
What's nice to hear?

The op asked how long mags last. I answered with my experience.

The op stated he didn't like the 6th gen looks...liked the 5th gen looks better. I responded in kind.

The op did NOT ask what you would do if in his position. Silence is golden if one has nothing to offer.
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Old 09-30-2021, 09:43 AM   #9
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Quote:
Originally Posted by JB'sZL1 View Post
What's nice to hear?

The op asked how long mags last. I answered with my experience.

The op stated he didn't like the 6th gen looks...liked the 5th gen looks better. I responded in kind.

The op did NOT ask what you would do if in his position. Silence is golden if one has nothing to offer.
I wasn't talking about you or your post. My response was solely to the OP. Its my opinion and I stand by it. Your last sentence does not make any sense. Refrain from commenting if you do not have any tangible points to discuss.
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Old 09-30-2021, 10:31 AM   #10
JB'sZL1

 
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Quote:
Originally Posted by lbls1 View Post
I wasn't talking about you or your post. My response was solely to the OP. Its my opinion and I stand by it. Your last sentence does not make any sense. Refrain from commenting if you do not have any tangible points to discuss.
Hah. Then stand by your post.

You have NOT responded to the OP's question about Mags.

You have NOT commented about the OP's post about 6th vs 5th Gen looks.

You have simply stated your offhanded comment/opinion, which, in an above room temperature IQ'd person can be useful...here, it is not.
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Old 10-03-2021, 06:48 PM   #11
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At least I've gained another member to my ignore list. Done.
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