Opinions on buying a 'Used 5th Gen'? - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 32 Old 01-09-2010, 07:23 PM Thread Starter
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Opinions on buying a 'Used 5th Gen'?

Why did I start this thead? Well:

-Search didn't bring anything up so I guess it's time for one
-I've been pondering this since I got the bombshell of a price for a used Camaro
-I may pull the trigger and wanted to just get a 'Guide to buying a used 5th gen' going.

So that said; what are your opinions, thoughts, and just general peanut gallery comments on the practice.

Oh, and the car in question w/ my 2001 Exploder trade in: 2SS A6 stickering for 36K otd new; now with 6.5K miles for $34K and after trade..

$29.5K w/ all seasons included.

Off Topic:
I actually kinda jawdropped when they said Explorers are back in demand because so many got CFC'd last year. And mine actually is one of the lower mile ones in the area and now may trade for around 5-6K instead of 3K.

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post #2 of 32 Old 01-09-2010, 08:04 PM
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2K off of MSRP price and 6500 miles isn't a deal. I'd check around. But it's your call, obviously. Wouldn't be a bad thing if you can afford it and it's what you want.

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post #3 of 32 Old 01-09-2010, 10:48 PM Thread Starter
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Originally Posted by el ess X View Post
2K off of MSRP price and 6500 miles isn't a deal. I'd check around. But it's your call, obviously. Wouldn't be a bad thing if you can afford it and it's what you want.
I don't even think you can even get 2K off MSRP anyhow on one with 0mi, and with the car essentially broken in and the warranty extended. Granted as I said before, I'd be paying 29K out the door and probably haggle lower since it's not 'new' and dealt through DWC's new car dept. So I dunno; could be gone by the time I actually get around to pulling any triggers.

:shrug:

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post #4 of 32 Old 01-09-2010, 11:59 PM
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Quote:
Originally Posted by el ess X View Post
2K off of MSRP price and 6500 miles isn't a deal. I'd check around. But it's your call, obviously. Wouldn't be a bad thing if you can afford it and it's what you want.
i think thats a good starting price if you know how to bargain
Personally, i would consider it if you are kinda short of money, but if not i rather go to a brand new one.

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post #5 of 32 Old 01-10-2010, 12:02 AM Thread Starter
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i think thats a good starting price if you know how to bargain
Personally, i would consider it if you are kinda short of money, but if not i rather go to a brand new one.
New job, just out of school, and already he was quoting me in the 29K range because of my trade. Throw out the fact that there are other cars out there (2SS) that are pricing at 32K with half the miles..

It all depends if the people just call and say 'no job for joo' so that I can stop getting my hopes up.

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post #6 of 32 Old 01-10-2010, 12:21 AM
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Quote:
Originally Posted by Zabo View Post
New job, just out of school, and already he was quoting me in the 29K range because of my trade. Throw out the fact that there are other cars out there (2SS) that are pricing at 32K with half the miles..

It all depends if the people just call and say 'no job for joo' so that I can stop getting my hopes up.
hmm i guess that changes everything...
I guess you should wait for the 5th gen a little bit more, at least when the 2011 comes out. Also, you can always buy a [email protected] 4th gen camaro ss or z28 in good condition for a lot less, there is also the option of buying an early 5th gen mustang gt or challenger.

Good luck searching for your new car and i hope everything goes the way you want it.

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post #7 of 32 Old 01-10-2010, 12:24 AM
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Used car rates are typically not as good as new car rates.


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post #8 of 32 Old 01-10-2010, 07:37 AM
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you can always wait a little bitthe prices will go down in a year or so most likely

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post #9 of 32 Old 01-10-2010, 07:43 AM
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My advice is to WAIT just a bit longer and buy a new one. The supply is starting to catch up with demand, and soon, very soon, the Camaro will have some deals on it to keep them moving. That's just MY opinion. And the money you would pay in difference (about 2k or close to it) is possibly the amount of interest you'd save between a new car rate and a used car rate over the life of the loan. Plus you could start saving a few coins toward money down.

Unless you don't think your trade-in value will hold, and this is the EXACT car you want, I'd stop and think this through.

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post #10 of 32 Old 01-10-2010, 07:44 AM
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I don't think $2k off is worth it. I'd pay the extra $2k for a new one.

Don't do it.

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