03-06-2010, 02:38 PM | #1 |
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Camaro Resale Value Continues to Rise
Just ten months after its launch, the Chevrolet Camaro has become the industry’s Sport Segment volume leader, outselling the Ford Mustang for nine straight months. When sales to fleets are stripped away, Camaro was the retail sales leader in the segment for 2009, outselling the Ford pony car, according RL Polk registration data.
Beside the Camaro’s breakthrough design and performance, buyers are increasingly attracted to another Camaro strength: resale value. According to Automotive Lease Guide (ALG) – a leading provider of residual value information – the Camaro’s residual value, which is an indication of resale value, is now among the highest in the segment. ALG recently upgraded its residual value forecast for the car – the second such upgrade in the past three months. This important third party recognition comes on the heels of another important honor for Chevy’s popular coupe – Kelley Blue Book (KBB) awarded the Camaro its "Best Resale Value" award earlier this year. -- Source: http://ow.ly/1eFSW
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03-06-2010, 02:39 PM | #2 |
Drives: RSSS Join Date: Dec 2009
Location: DFW
Posts: 2,492
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nice!
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03-06-2010, 02:42 PM | #3 |
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Most of this is because of owners like us on this board, who would think 3x before selling these cars. If people were selling these left and right, the value would plummet.
Good to hear in either case
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Formerly owner of:
2012 2SS/RS Build Thread - Totaled by red light runner 2010 LT/RS Build Thread - Traded in for 2012 2SS 2007 Acura TSX 1992 Oldsmobile Achieva V6 1992 Mercury Sable |
03-06-2010, 02:50 PM | #4 |
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Drives: Black SS Join Date: Dec 2009
Location: Alberta, Canada
Posts: 1,703
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Great news! Thanks for posting!
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WARLOCK (Black 2SSRS LS3) - A work in progress.
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03-06-2010, 02:53 PM | #5 |
Drives: none :( Join Date: Sep 2009
Location: Calgary
Posts: 2,123
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re sale like its an option
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one day my love http://www.camaro5.com/forums/showthread.php?t=83005
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03-06-2010, 03:09 PM | #6 |
Drives: 2010 IBM 2SS/RS Join Date: Feb 2010
Location: NC
Posts: 448
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Around here "used" low milage Camaros are EVERYWHERE...but the dealers still want a mint for them...at or near MSRP. The only thing I can think of is they must be dealer demos? Although I thought those were still technically considered new? Anyway,seems like every dealer has 2 or 3 with anywhere from a few hundred to a few thousand miles on them...
I'm guessing that when they came out everybody who is somebody at a dealer had to have one as a demo....as I can't see that many people buying and then trading in the 2010 Camaro,especially so soon..I know you couldn't pry my dead hands off of mine.
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2010 IBM 2SS/RS Camaro (M6) Previous rides: 2003 Twin Turbo Mustang Cobra(900 RWHP) 2004 KB S/C Mustang Cobra(700 RWHP) 2003 Mustang GT,Heads,Cam, N20 ect.. |
03-06-2010, 03:10 PM | #7 |
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the new Camaro rocks!
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2013 Mustang GT Black M6
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03-06-2010, 03:27 PM | #8 |
Downright Upright
Drives: Daily Join Date: Apr 2009
Location: Cruisin'...
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03-06-2010, 03:30 PM | #9 |
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Nice to hear, but mine's a keeper
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03-06-2010, 07:39 PM | #10 |
IT Geek / Gearhead
Drives: 2010 - 1SS Black Ext/ Grey Int. M6 Join Date: Dec 2009
Location: Cincinnati, OH
Posts: 48
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Yeah, I'm keepin mine. Gotta keep the Camaro train a rollin!
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Black 1ss/rs M6
(Transformer / Knight Rider - Hybrid) Ordered 12/15/09 -> Picked Up 2/2/10 2G1FS1EW7A9186899 Mods Installed - MGW Short Throw, SkipShift Eliminate, 20% Tint, Autobot Emblems, FilterMag, KITT Scanner #22 Mods on order - Black Bowties, G-tech Meter, Ext. Sound Trigger Future Purchases - Meth Injection, CAI , Long Tube Headers, DashDaq |
03-06-2010, 07:58 PM | #11 |
Drives: 2010 IBM 2SS/RS Join Date: Dec 2009
Location: Myrtle Beach, SC
Posts: 219
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You nailed it. The rental companies have begun selling theirs a few months back and since then the values have plummeted. A used 2LT with low miles was getting $27,500-$28,000 a couple months ago, same one now is just barely bringing in $25,000. However, the dealers are still trying to sell them for just below sticker. Lose-lose situation for private sellers and buyers.
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IBM 2SS/RS, M6, Polished Wheels, 3M Clear Bra, 27% Windows, CAGS Eliminator, Barton STS
Upcoming Mods: Cold Air Inductions CAI, Kooks 1 7/8" LTH, and 3" Exhaust, Tune. 1100 Order accepted at dealer: 3/15/2010 - NVTZ1X 3300 Scheduled For Production: 3/17/2010 TPW 4/5/2010 3800 Produced: 4/7/2010 2G1FT1EW3A9208281 5000 Delivered To The Dealer: 4/21/2010 6000 Delivered To Customer: 4/23/2010 |
03-06-2010, 08:03 PM | #12 |
Drives: Rally Yellow Transformers pkg Join Date: Aug 2009
Location: crossville,tennessee
Posts: 1,043
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Great news for all of us.
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03-06-2010, 08:07 PM | #13 |
Gamer & Ghosthunter!
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Mine ain't going anywhere soon!!. Nice
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03-06-2010, 08:55 PM | #14 |
SS/RS
Drives: 2010 SS/RS IOM w/blk stripes A6 Join Date: Jun 2009
Location: Eastern Washington
Posts: 816
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I agree, mine isn't going anywhere ever, except to the kids when I leave this world.
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