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GM reportedly mentions Z28 and Camaro changes

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Old 06-15-2010 | 01:06 PM
  #61  
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Originally Posted by JakeRobb
I assume they're still waiting for demand to die down. Real sales are better than leases as far as GM is concerned, so as long as sales demand remains strong, there's no reason to start allowing leases.
Since GMAC is no longer part of GM (at least for now) it doesn't make a difference to GM whether the car is sold or leased. When you lease, your dealer is in essence selling the car to the leasing company who then rents it to you. GM gets paid all the same either way.

Originally Posted by JakeRobb
Also, it remains to be seen what the resale value of Camaros will be. With no strong indicator for that, it's hard to calculate residuals, which means that figuring out how much to charge for a lease is basically a crapshoot (moreso than usual).

Automotive Lease Guide (pretty much the industry standard) calculates residual values at a new car's release and adjusted accordingly six times a year. Camaro's were just revised upwards in March:

"According to Automotive Lease Guide (ALG) – a leading provider of residual value information – the Camaro’s residual value, which is an indication of resale value, is now among the highest in the segment. ALG recently upgraded its residual value forecast for the car – the second such upgrade in the past three months."

http://applechevy.wordpress.com/2010...s-on-the-rise/

Automotive Lease Guide has already calculated residuals for the 2011 Mustang. You can find them in this month's newsletter:

https://www.alg.com/FreeRVRNewsletter

I suspect we'll see Camaros come up for lease pretty soon. Maybe when the 2011 models go on sale.[/QUOTE]

I've seen folks that have both GMAC and U.S. Bank leases on Camaros. There might not be any programs, but you can usually get a dealer to at least bid a lease for you. They may not want to, but usually can.
Old 06-15-2010 | 05:39 PM
  #62  
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By the time the Z28 comes out the C7 will be out and will be a "much" better buy than a Z28...sure, the C7 would have to be a base model as far as price goes compared to the Z28, but I would take that in a heartbeat compared to a loaded Z28!
Old 06-15-2010 | 05:48 PM
  #63  
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Originally Posted by SSPORT10
By the time the Z28 comes out the C7 will be out and will be a "much" better buy than a Z28...sure, the C7 would have to be a base model as far as price goes compared to the Z28, but I would take that in a heartbeat compared to a loaded Z28!
Can I borrow your time machine?
Old 06-16-2010 | 08:05 AM
  #64  
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Originally Posted by SSPORT10
By the time the Z28 comes out the C7 will be out and will be a "much" better buy than a Z28...sure, the C7 would have to be a base model as far as price goes compared to the Z28, but I would take that in a heartbeat compared to a loaded Z28!
your probably right. the c7 is supposed to be a pretty bad *** little car. smaller,lighter, and i think more power. plus they might do a ttv6(what ive read). that may take away some sales, but it comes down to what you like. 2 totally different cars. its like buying a 911 turbo or a gt3. what would you want? one has back seats and the other doesnt. both pretty similar on the track.
Old 06-16-2010 | 03:56 PM
  #65  
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I thought the C7 was coming in 2013 as a 2014-MY vehicle. The Z28 is supposed to beat it the market by at least 18 months.

Just sayin'.
Old 06-16-2010 | 07:03 PM
  #66  
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Originally Posted by jg95z28
I thought the C7 was coming in 2013 as a 2014-MY vehicle. The Z28 is supposed to beat it the market by at least 18 months.

Just sayin'.
The last I read, the C7 was supposed to be MY '13, dues out in the spring/summer of '12, 2 years from now.
Old 06-16-2010 | 07:37 PM
  #67  
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Originally Posted by 2010_5thgen
your probably right. the c7 is supposed to be a pretty bad *** little car. smaller,lighter, and i think more power. plus they might do a ttv6(what ive read). that may take away some sales, but it comes down to what you like. 2 totally different cars. its like buying a 911 turbo or a gt3. what would you want? one has back seats and the other doesnt. both pretty similar on the track.
Do you REALLY think, a nose heavy, 4100 pound, erm.. Z/28, will be "pretty similar on the track" to a 7th gen Corvette?
Old 06-16-2010 | 08:24 PM
  #68  
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Originally Posted by Z284ever
Do you REALLY think, a nose heavy, 4100 pound, erm.. Z/28, will be "pretty similar on the track" to a 7th gen Corvette?
They'll both have 4 wheels and 2 doors right?

Old 06-17-2010 | 06:03 AM
  #69  
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The current base LS3 6th Gen Vette is likely going to be more than a match for a 5th Gen Camaro Z28 on everything but the drag strip. Even then it will be close. We don't even need to talk about a Gen V powered 7th Gen Corvette.
Old 06-17-2010 | 07:42 AM
  #70  
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Originally Posted by jg95z28
I thought the C7 was coming in 2013 as a 2014-MY vehicle. The Z28 is supposed to beat it the market by at least 18 months.

Just sayin'.
ill believe that when i see it.last year everyone said it was going to be out this year too.
Old 06-17-2010 | 07:43 AM
  #71  
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Originally Posted by Z284ever
Do you REALLY think, a nose heavy, 4100 pound, erm.. Z/28, will be "pretty similar on the track" to a 7th gen Corvette?
4100lbs?! are you part of the design team? how do you know these specs? is the 4100lbs cts-v good around the track?last i heard it was the fastest sedan in the world.......
Old 06-17-2010 | 10:00 AM
  #72  
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Originally Posted by 2010_5thgen
4100lbs?! are you part of the design team? how do you know these specs? is the 4100lbs cts-v good around the track?last i heard it was the fastest sedan in the world.......
Why are you so shocked by that number? I'm not, not one bit.
Old 06-17-2010 | 10:05 AM
  #73  
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Originally Posted by 99SilverSS
The current base LS3 6th Gen Vette is likely going to be more than a match for a 5th Gen Camaro Z28 on everything but the drag strip. Even then it will be close. We don't even need to talk about a Gen V powered 7th Gen Corvette.
For sure...
Old 06-17-2010 | 11:02 AM
  #74  
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Originally Posted by Z284ever
Why are you so shocked by that number? I'm not, not one bit.
Of course not, you wrote it.

Funny mental image: Charlie typing out the number, then noticing what he just typed, and being surprised.
Old 06-17-2010 | 02:54 PM
  #75  
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Originally Posted by JakeRobb
Of course not, you wrote it.

Funny mental image: Charlie typing out the number, then noticing what he just typed, and being surprised.
I sure did. And you can write it in the family Bible.

People were riddled with shock and disbelief too, when I said the V8 Camaro would weigh 3850 pounds.



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