02-13-2024, 08:59 AM | #1 |
Drives: Mercedes W204 6spd Join Date: Feb 2024
Location: Texas
Posts: 3
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2018 Low Mile 1ss Value
Hello everyone,
I am looking at a 2018 1SS 6spd, minimal options with less then 4k miles. Price would be 36.5k. Pretty close to MSRP but is this where the market is right now? Looking for a great long term, reliable DD. What are your thoughts? |
02-13-2024, 09:21 AM | #2 |
Drives: 2023 Chevrolet Camaro 2SS 1LE Join Date: Jan 2020
Location: Pennsylvania
Posts: 1,219
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Overpriced a bit. The days of paying original msrp for a 3 year old vehicle are gone. Anyone that says otherwise is in denial. The car is now 6 years old. Yes the miles are low but it’s 6 years old. Personally I wouldn’t pay more than low 30’s for it and that’s pushing it.
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Current: 2023 2SS 1LE
Prior: 2016 Camaro 1SS 2007 Mustang GT 2008 Civic Si |
02-13-2024, 11:51 AM | #3 | |
Drives: Mercedes W204 6spd Join Date: Feb 2024
Location: Texas
Posts: 3
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Quote:
That's what I was thinking about it's age but I also have not found any comparables for sale with similar miles. It seems like most places are asking low to mid 30's for those years with around 40k or so miles. It doesn't feel like a good deal but then I compare it to what's out then and in that regard it seems fairly priced. |
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02-13-2024, 12:10 PM | #4 | |
Drives: 2023 Chevrolet Camaro 2SS 1LE Join Date: Jan 2020
Location: Pennsylvania
Posts: 1,219
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Quote:
Check how long the dealer has had that car listed for sale. If it’s multiple months, they have been paying interest and floor plan costs on it. Make a lowball offer and settle right in the middle if you truly want the car. Don’t be afraid to do this. Guarantee you they paid somewhere between 28-31.5k for that car. They aren’t afraid to low ball and neither should you. It’s business, don’t worry about hurting their feelings. Dealers are hoping people remain used to overpaying for used cars when that is NOT what they have been doing at auctions and on trade in the last 6 months. The market has turned and these cars are losing value everyday. Private sellers are hoping to get their original msrp’s but that ain’t happening anymore. If they overpaid for their cars they are hoping someone will overpay for theirs. With interest rates as high as they are all these cars (not just Camaro’s) have been sitting.
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Current: 2023 2SS 1LE
Prior: 2016 Camaro 1SS 2007 Mustang GT 2008 Civic Si |
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02-13-2024, 01:16 PM | #5 |
Drives: 2016 SS Join Date: Oct 2019
Location: Jamestown NC
Posts: 485
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Prices are all over and the market is certainly changing. I agree with offering a lot lower, BUT....you also have to decide what the car is worth to YOU. I just bought a fully loaded '16 2SS with 25k miles and asking price was about the same. I like the 16-18 and had been looking for this spec. I offered low, but knew I was gonna buy the car regardless. Just don't tell the dealer that!
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02-13-2024, 02:37 PM | #6 |
Drives: 2023 2SS Convertible Join Date: May 2009
Location: Metro Detroit
Posts: 1,099
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If it is what you want, then suck it up and buy it. It's not like they are making any more...
-Geoff
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'12 2SS RS Convertible - Traded in.
'16 2SS Convertible - White on white, mag-ride, NPP, nav. Sold! '23 2SS Convertible -Same as above except orange. |
02-13-2024, 03:10 PM | #7 | |
Drives: 2023 SS 1LE Sharkskin Join Date: Jun 2023
Location: MAGA COUNTRY
Posts: 314
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Quote:
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02-13-2024, 05:28 PM | #8 | |
Drives: Mercedes W204 6spd Join Date: Feb 2024
Location: Texas
Posts: 3
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Quote:
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02-14-2024, 07:06 AM | #9 | |
Drives: 2023 2SS Convertible Join Date: May 2009
Location: Metro Detroit
Posts: 1,099
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Quote:
-Geoff
__________________
'12 2SS RS Convertible - Traded in.
'16 2SS Convertible - White on white, mag-ride, NPP, nav. Sold! '23 2SS Convertible -Same as above except orange. |
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02-14-2024, 07:27 AM | #10 | |
Drives: 2023 Chevrolet Camaro 2SS 1LE Join Date: Jan 2020
Location: Pennsylvania
Posts: 1,219
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Quote:
I believe in roughly 10 years you’ll see the values go back up when auto enthusiasts are looking to buy older but cheaper great drivers cars. The last time the Camaro got discontinued you couldn’t give them away and just like now they were better drivers cars than the competition.
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Current: 2023 2SS 1LE
Prior: 2016 Camaro 1SS 2007 Mustang GT 2008 Civic Si |
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02-14-2024, 10:44 AM | #11 |
Banned
Drives: 2023 Camaro 1SS Join Date: Apr 2014
Location: United States
Posts: 1,593
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We have no way of knowing what "$36,500" really means. Is that a list price? Negotiated price guaranteed to you if you buy it? Does it include tax? Where are you buying it from (dealer/private party), and are you trading something as part of the deal?
Ballpark, high level....If that's the selling price before tax and everything else, it feels a little high. I agree with others that maybe lower 30's is about right. Maybe that's a good place to negotiate if there are comparable cars for sale in the area. At the end of the day, it's a low-mile car for its age, and we're talking a couple thousand dollar difference between $36,5 and a more average price. Don't get me wrong, every dollar counts, but in the grand scheme, if it's the car you want in the right color, configuration, etc... I don't think you can get any more reliable than an LT1 engine with manual transmission in a lower-option car. Condition is everything. If the car has been left to rot for 6 years, I might look elsewhere. If it's been cared for and serviced even though it only has 4k miles, it might be a great find. |
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