Do Chevy Camaros Hold Their Value
Current Camaros do not offer an orange choice.
Do chevy camaros hold their value. According to KBBs expert on vehicles residual values Eric Ibara the Chevy Camaro Ford Mustang and Dodge Challenger hold approximately 48 to 49 of their original value after a time. Ive owned more than ten Camaro and Firebirds. Whether youre trading in at a dealer or selling on Craigslist you want to get your moneys worthSometimes used trucks can hold their value astonishingly welleven selling for more than new ones.
That is why I switched to buying a 2013 Toyota Corolla last year. A Chevrolet Camaro will depreciate 40 after 5 years and have a 5 year resale value of 23482. Its no secret that a fully loaded 67 Camaro is going to hold more value than a base-model version.
SUVs are known to hold their value well due to strong consumer demand for this vehicle type and this midsized Toyota SUV is a prime example of. 61765 6349 vs avg. There are exceptions but they are rare and not worth mentioning compared to the rest that do not retain good resale value.
In general no they dont retain good resale value. Top 10 Cars That Hold Their Value 2020. Chevrolet Camaro If you thought all sports cars depreciated so fast that theyre only luxury items youd be in very good company because its mostly true.
Thats a major boost over a normal car which retains closer to 40 percent of its value over the. By Jerry Kronenberg. The Chevy Suburban has a 5-year depreciation rate of 44 and a 5-year resale value of 37360 for a vehicle in good condition averaging about 12000 miles per year 1.
The Chevy Camaro is considered a sports car and for most drivers will command a higher premium than a family sedan simply based on all things being equal the nature of the car. In general no they dont retain good resale value. They do not look as good but I put reliability as 1 on the top of my list.