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Test drove a 2014 Camaro SS and might pick it up tomorrow
My Nismo has been gone since June. I've been driving a shitty 96 Lexus LS400 since I sold the Z and was thinking of buying something cheap like an Xterra, but I just can't do it lol. I love having a fast car.
So I went to the Chevy dealer today and test drove the new 2014 2ss. Although many disagree, I love the new headlights and taillights. Acceleration was awesome and the sound of the V8 is beautiful. I was able to work them down to 550/month and 3500 down for a 3 year lease with 12k miles/year for a fully loaded 2SS. I wanted to go lower and they said they could give me a 1SS with upgraded leather interior for 500/month, but I was able to get that down to 450/month which I thought was pretty good. I'm pretty sure I could get them down to 500/month on the fully loaded 2SS though, so I may try to do that first or just settle for the 1SS. I'd be pretty happy with those payments. I really liked the car and could definitely see myself enjoying it for a while. And I get tired of cars pretty fast and always get the itch to buy something new, so I think a lease is good for me. Just wanted to see what you all think of the car and if you think I am getting a good deal on the lease |
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Unless its paid for by your job, I personally wouldn't ever recommend anyone lease anything...
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True leasing a sports car is kinda ridiculous but, who am I to judge. I'm just going on which car has the best value factor. And if you're gonna lease a SPORTS car? The 1LE will probably fair better with value retention.
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Why?
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Sports car leases imho don't make sense. You can't enjoy them the way you want to. I usually make at minimum, small performance mods. Especially on a muscle car. There's always something to adjust. Tinkering with a lease can potentially effect it's value. Usually your payment is as high as a purchase minus a couple years of payments. Might as well play for keeps and be free to truly enjoy your sports car.
If it were an altima, accord or Camry? I'd consider leasing. They are inexpensive leases that hold excellent residual value... But sports cars? Makes no sense. |
i like the way it looks outside and what it sounds like.. but sitting inside a camaro is about the worst car interior ive ever been in. Not just the look / feel but just the visibility and the way its the dash is so high and the windows so short ugh. hate it.
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I thought about camaro before getting z . Glad u like it. As long as u get the miles you want 12 000 yr seems a little low for Atlanta area. But I think the payment should be under 500 for what your putting down
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Leasing can be a good thing depending on what your plans are. Say you're after getting a mortgage, but want a nice car - leasing is a lesser hit on your debt-income ratio than buying the car, as your credit is only on the hook for the payments and adjusted capital cost or whatnot over total duration of the lease. At least that's what my buddy told me. He just leased a G37 and ended up getting into a new house shortly after and the G only amounted to roughly $19k on his debt-income ratio. His particular G retails for $41k or so.
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I leased my rav 4 ev And leaf because I don't know if the resale will shoot up or drop to the bottom. It's almost like an insurance
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3500 down? money down is that a must?
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So...36 months and $21,500 later (assuming a $500 pmt) you're left with...nothing?
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im not a fan of the '14 rear end... the '13 looked pretty good, not sure why they changed that.
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Fiance has a 2010 2SS 6-speed and we just ordered a 2014 2SS 1LE. Should be here next month some time. Despite what others say I really enjoy the Camaro. It's got it's pros and cons but so does the Z. The 2SS is i a great car and I can't wait to see what the 1LE is like when it comes in. To be honest my next car will probably be a domestic simply because I don't like the direction Japanese car makers are going with sports cars, or should I say lack there of. The STI is already rumored to not have much more performance than it currently does and the rumors of the upcoming Z are proving to be similar. Seems the domestic brands are the only ones willing to put some balls under the hood these days.
With regard to your lease, I would re look at the numbers. We are financing ours with only our trade in as the down but our payment will be less than what yours will be. Plus we get to own our car. Then again i loan will be longer than your 3 year lease. |
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Those lease payments seem very high. Other cars that cost more to purchase you can lease at cheaper rates. Those seem a bit out of whack.
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In the past I have gone to talk to sales people about leasing a 370z and and leasing a 5.0 Mustang, and in both cases I was told roughly 700 per month. So that's why I thought this was a good deal, but maybe I'm wrong |
Also just adding to my question above, would it be smarter to just finance it even if I don't want to keep it more than a few years?
I really just want low payments so I would do a 6 year loan...but with a small down payment I feel like after 2 years I'll be way upside down when I go to sell. Which way would end up costing me less when I get rid of the car after 2 or so years? |
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I looked at the 2014 Camaro 2SS before I decided on the Z. It drove pretty well and I liked the look, but I just couldn't get past the visibility. I didn't think the interior was that bad, not as good as a Z, but better than a Challenger and almost as good as a Mustang. Still I bet you will enjoy the hell out of it. There is just something about good 'ole American muscle. Also, the 6.2 is a great engine, but I would find it impossible not to add some bolt-ons, which you can't do with a lease. Not sure if that is your thing though. Anyways good luck talking them down to $500 a month. Could you possibly get that if you told them you would put $4000 down instead?
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Leased prices are based on resale value of a car. You pay to get into something you normally can't afford and can give it back after the term. Dealers make tons of money on you and get a certified used car back. It guarantees two sales.
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Even if you switch cars often it's far more economical to buy and resell rather than lease. Like someone mentioned earlier, you're out something like $20k over 3 years or so. You think your car is going to depreciate that much over that period of time? I'm thinking it'll drop more in line of $10k or so.
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Camaro??? Noooooooo
I've known a number of guys who got one.... only to later sell soon after. Lots of options out there with better performance to $ and better fit/finish Issues with visibility and headroom too.... I would never lease either... |
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just kidding. |
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