2013 2SS Camaro - Page 2 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Supermaro585HP · 04-07-2013, 06:29 PM

Don't do it man!!! When I turned 21 I bought a bar/restaurant and made great money. I remember getting my 1993 Trans Am. I had a hell of a time because I was self employed and young. They wanted 15% with no money down. I waited 6 months and put $15,000 down and my rate went down to 6%. Remember that was is 1993. I guess what I'm saying is I agree with these Save some more money and get a new one and not have to pay 15%. What you really need to do is open a credit card and make some payments on it to help your credit. Good luck!! I know you are going to get it. LOL At least send in extra money with your payment..

Casperadub70 · 04-07-2013, 07:17 PM

I understand your excitement to get the camaro. Im pretty sure every one on here does but you need to listen to these guys. Ive been in the Navy for over 10 years now and ive seen younger sailors get stuck in 17% and up rates. Its honestly not worth it. If you make $5,000 a month then save for 3 months. Just 3 months. Try to save around $3,000 - $4,000 a month. Thats a extra $9,000 - $12,000 to put down. If you cant save that then i would still say wait. Once again i understand how excited you are and i feel you but you need to do the right thing and wait a bit longer. Trust me you will enjoy it so much more.

PatsRS · 04-07-2013, 09:05 PM

Quote:

Originally Posted by Rickis13

Yeah... Even with the higher finance and expense.. I think I'm going to do it guys.. I've been waiting for a really long time now.

A really long time? Are you kidding me? You are 19!!
You don't see it now but I guarantee you will regret it.
You see that car and that's all you are thinking about.
You are making a mistake....

MichiganSRT · 04-07-2013, 09:28 PM

As a 23 yo now with a Jeep SRT8 that I can barely afford I would greatly urge you not to buy new and that rate is insane. Man pick up an old STi for like 15k and put 3 into it and youll whoop every camaro you encounter almost. Really not worth it at that point, don't want to start out drowning and not being able to afford anything else. I got my jeep almost 3 years ago now and I hated when I first got it cause yeah it was great to have a cool car, but couldn't go out ever, let alone buy anything but gas/payments/insurance, like literally nothing. You have time, leave it alone for 6 months then come back and see how you feel then after saving cash.

Hitman84 · 04-07-2013, 10:01 PM

if you're looking at a USED 2013 for 39k you're better off going new.
The rates will be lower if you can get approval for the same price...

sspolo · 04-07-2013, 10:16 PM

HELL NO! If you do make 5k a month it shouldn't be too hard to save a few months and just buy it outright. Save at least 15-20k and I'm sure that many dealers will give you a lower rate.

RoadieWingZ · 04-07-2013, 10:28 PM

The rate is absurd, even with bad credit it's crazy relative to standard rates. Take your time and save up more money, find a less expensive Camaro, and finance only a small portion to start building back a good credit history.

Jonster · 04-08-2013, 08:12 AM

Get a co-signer and lower the rate. Also...that price is a little high for a used 2013 2SS non RS. I would expect something more around the 36k range.

JimE · 04-08-2013, 07:41 PM

And that price seems high anyway. That's about what I paid for a NEW 2013 2SS/RS 1LE

If you are willing to pay 39,000, go to your local dealer(s) and start looking at new cars.

Waste · 04-09-2013, 08:34 AM

Dude, 17.95% is mind blowing! If your credit was compromised by identity theft then work on getting that fixed before you throw away tons of money on a crappy interest rate. If you got your credit repaired to where you could get 7.99 (which is still very high) your payments would be ~635/mo. That’s a savings of nearly 10k over 5 years. Isn’t that worth a few months of time to fix your credit situation? As far as the cars equity in 2 years, forget that too. A vehicle is the worst financial investment you can make, as soon as you drive off the lot you’ve lost money. Be patient and do the right thing. You will certainly regret it later if you just carelessly purchase a car at that interest rate and price.

stevenpeter · 04-09-2013, 09:49 AM

Hey I just purchased a 2013 Camaro CONVERTIBLE 2SS with RS, nav, 20" wheels and foot well LED and I am paying $535 a month with 1000 out of pocket.

I can send you my dealers name and number. I have an excellent credit score of 875..... but it never hurts to ask!

Steve

MrSEO · 04-10-2013, 01:45 AM

Tell whoever made you that offer to go hang himself for trying to take advantage of a younger guy.

45thCAMARO 2SS/RS · 04-10-2013, 03:00 AM

U want advice?! Ok I'm 21 years old and I got so screwed in buying my Camaro, ya sure its a bad ass car and n it's fun but really it wasn't worth to go broke and put myself in a huge hole, I was offered 10% and I had no credit n I thought that was good come to find out for what I put down( which I will not mention because I will sound so stupid which I know) it was way to high, this older guys here are so right, wish I had someone to tell me all this when I bought mine last year, but oh we'll it's too late now, but ill tell u this, I have a bad ass car that just sits in my drive way or working parking lot cause I can't afford to drive it, because of bills like insurance is stupid high ($400) car payment ($500) gas ($120-$240) and that's not including my bills for rent an living, so one young guy to another just wait, plus if u can save up for 6months-12months You can drive a brand new cash money 2014. Z28 / ZL1 / SS /RS whatever the hell you want out the showroom especially the kinda cash that u say u are flowing. Just wait! That's my $.02

lildudekc · 04-10-2013, 09:49 PM

I bought my car when I was eighteen making around 3600 a month. I also had a co signer, but walked out the door with 5.1% interest. Paid $44,000 after everything... paid for almost two years and still at around $36000. My girlfriend drove the car one day... it got totalled...

Now I'm itching to get back in one like you, but I am slowing my roll this time and found a NEW 2013 2SS/RS for $34,000! MSRP is $39500. But this time I actually saved for a down payment and got $480 a month on a brand new car with no co signer. My best advice is to wait honestly, or find you a co signer for your first car. If you make $5000 a month you save $3000 a month for 10 months. You have a brand new car with no payment!!! And no interest!!!! Thats the way to do it.

04-07-2013, 07:17 PM	#16
Casperadub70 Drives: 2014 1LE Camaro, 95 Z28 Camaro Join Date: Jun 2011 Location: America Posts: 940	I understand your excitement to get the camaro. Im pretty sure every one on here does but you need to listen to these guys. Ive been in the Navy for over 10 years now and ive seen younger sailors get stuck in 17% and up rates. Its honestly not worth it. If you make $5,000 a month then save for 3 months. Just 3 months. Try to save around $3,000 - $4,000 a month. Thats a extra $9,000 - $12,000 to put down. If you cant save that then i would still say wait. Once again i understand how excited you are and i feel you but you need to do the right thing and wait a bit longer. Trust me you will enjoy it so much more. __________________ 2014 1LE 2SS Camaro Recaro seats, Custom Cam, Kooks LT headers, CAI intake, Z/28 Spoiler, Z/28 Belly Pan, Z/28 Brake Air Ducts, Stainless Steel breaklines, BMR Toe Rods and Trailing Arms resulting in 482.49 RWHP

04-07-2013, 10:28 PM	#21
RoadieWingZ Drives: 2013 Black Camaro 1LS Join Date: Dec 2012 Location: Austin, Tx Posts: 409 View My Garage	The rate is absurd, even with bad credit it's crazy relative to standard rates. Take your time and save up more money, find a less expensive Camaro, and finance only a small portion to start building back a good credit history. __________________ *2013 Camaro LS*

04-08-2013, 08:12 AM	#22
Jonster Drives: 18 2SS Vert Hotwheels Join Date: Sep 2012 Location: Maiden, NC Posts: 588 View My Garage	Get a co-signer and lower the rate. Also...that price is a little high for a used 2013 2SS non RS. I would expect something more around the 36k range. __________________ 2018 2SS hot wheels convertible

04-09-2013, 09:49 AM	#25
stevenpeter Drives: 2016 2LT RS Convertible Mosaic BL Join Date: Apr 2013 Location: Fort Lauderdale Posts: 15	high payment Hey I just purchased a 2013 Camaro CONVERTIBLE 2SS with RS, nav, 20" wheels and foot well LED and I am paying $535 a month with 1000 out of pocket. I can send you my dealers name and number. I have an excellent credit score of 875..... but it never hurts to ask! Steve

04-07-2013, 06:29 PM	#15
Supermaro585HP Account Suspended Drives: 2011 Camaro SS RS Join Date: Aug 2011 Location: Pittsburgh, PA Posts: 1,186 View My Garage	Don't do it man!!! When I turned 21 I bought a bar/restaurant and made great money. I remember getting my 1993 Trans Am. I had a hell of a time because I was self employed and young. They wanted 15% with no money down. I waited 6 months and put $15,000 down and my rate went down to 6%. Remember that was is 1993. I guess what I'm saying is I agree with these Save some more money and get a new one and not have to pay 15%. What you really need to do is open a credit card and make some payments on it to help your credit. Good luck!! I know you are going to get it. LOL At least send in extra money with your payment..

04-07-2013, 09:28 PM	#18
MichiganSRT SRT and SS Drives: 08' Jeep SRT8 / 13' 2SS Conv. Join Date: Mar 2013 Location: Michigan Posts: 209 View My Garage	As a 23 yo now with a Jeep SRT8 that I can barely afford I would greatly urge you not to buy new and that rate is insane. Man pick up an old STi for like 15k and put 3 into it and youll whoop every camaro you encounter almost. Really not worth it at that point, don't want to start out drowning and not being able to afford anything else. I got my jeep almost 3 years ago now and I hated when I first got it cause yeah it was great to have a cool car, but couldn't go out ever, let alone buy anything but gas/payments/insurance, like literally nothing. You have time, leave it alone for 6 months then come back and see how you feel then after saving cash.

04-07-2013, 10:01 PM	#19
Hitman84 Drives: 2022 Rapid Blue 2SS 1LE Join Date: Sep 2012 Location: Rhode Island Posts: 756	if you're looking at a USED 2013 for 39k you're better off going new. The rates will be lower if you can get approval for the same price...

04-07-2013, 10:16 PM	#20
sspolo Drives: 2014 Camaro SS 1LE Join Date: Sep 2012 Location: Vancouver, WA Posts: 562	HELL NO! If you do make 5k a month it shouldn't be too hard to save a few months and just buy it outright. Save at least 15-20k and I'm sure that many dealers will give you a lower rate.

04-08-2013, 07:41 PM	#23
JimE Drives: 2013 2SS/RS/1LE Join Date: Apr 2010 Location: St Louis, MO Posts: 3,087	And that price seems high anyway. That's about what I paid for a NEW 2013 2SS/RS 1LE If you are willing to pay 39,000, go to your local dealer(s) and start looking at new cars.

04-09-2013, 08:34 AM	#24
Waste Drives: 2012 Camaro 1LT M6 Join Date: Apr 2012 Location: NE Florida Posts: 121	Dude, 17.95% is mind blowing! If your credit was compromised by identity theft then work on getting that fixed before you throw away tons of money on a crappy interest rate. If you got your credit repaired to where you could get 7.99 (which is still very high) your payments would be ~635/mo. That’s a savings of nearly 10k over 5 years. Isn’t that worth a few months of time to fix your credit situation? As far as the cars equity in 2 years, forget that too. A vehicle is the worst financial investment you can make, as soon as you drive off the lot you’ve lost money. Be patient and do the right thing. You will certainly regret it later if you just carelessly purchase a car at that interest rate and price.

04-10-2013, 01:45 AM	#26
MrSEO Drives: Hyundai Genesis Coupe 3.8 Join Date: Dec 2010 Location: Fremont, CA Posts: 31	Tell whoever made you that offer to go hang himself for trying to take advantage of a younger guy.

04-10-2013, 03:00 AM	#27
45thCAMARO 2SS/RS xquest91x Drives: 2012 45th Anniversary 2SS/RS Join Date: Mar 2013 Location: Yuma, AZ Posts: 535 View My Garage	U want advice?! Ok I'm 21 years old and I got so screwed in buying my Camaro, ya sure its a bad ass car and n it's fun but really it wasn't worth to go broke and put myself in a huge hole, I was offered 10% and I had no credit n I thought that was good come to find out for what I put down( which I will not mention because I will sound so stupid which I know) it was way to high, this older guys here are so right, wish I had someone to tell me all this when I bought mine last year, but oh we'll it's too late now, but ill tell u this, I have a bad ass car that just sits in my drive way or working parking lot cause I can't afford to drive it, because of bills like insurance is stupid high ($400) car payment ($500) gas ($120-$240) and that's not including my bills for rent an living, so one young guy to another just wait, plus if u can save up for 6months-12months You can drive a brand new cash money 2014. Z28 / ZL1 / SS /RS whatever the hell you want out the showroom especially the kinda cash that u say u are flowing. Just wait! That's my $.02

04-10-2013, 09:49 PM	#28
lildudekc Drives: 2011 2SS RS Summit White L99 Join Date: Sep 2011 Location: Asheville Posts: 19	I bought my car when I was eighteen making around 3600 a month. I also had a co signer, but walked out the door with 5.1% interest. Paid $44,000 after everything... paid for almost two years and still at around $36000. My girlfriend drove the car one day... it got totalled... Now I'm itching to get back in one like you, but I am slowing my roll this time and found a NEW 2013 2SS/RS for $34,000! MSRP is $39500. But this time I actually saved for a down payment and got $480 a month on a brand new car with no co signer. My best advice is to wait honestly, or find you a co signer for your first car. If you make $5000 a month you save $3000 a month for 10 months. You have a brand new car with no payment!!! And no interest!!!! Thats the way to do it.