I don't buy new anymore -- it's just not worth it on any car, so I'll just hang on until some poor soul wrecks theirs and buy it from the auction yard (and will hope happens soon so I can have some of that new car smell, lol).

 

Wasn't the camaro faster than the mustang 2002? And we all seen what happened to the camaro production then. Just because it's faster it does not mean it's going to sell more.

 

Did the math... and while the payments are not TOO dissimimilar, they are enough to warrant me to seriously look into a new corvette.

I am approved for 60k for 72 months at 6.24%... MY personal max is 500ish/month payment...This does not include down payment which is what will push me one way or another. The more i have to put down for a $500/mo payment the more its worth it for me to go into a vette.

Mustang GT base:
$27,750 MSRP (includes destination)
$2233.00 Tax (8.10% Arizona)
$414.00 Registration/license
Total $30,217.00
Payment $ 504.21

Mustang GT Premium
$29,570 MSRP (includes destination)
$2295.00 Tax (8.10% Arizona)
$444.00 Registration/license
Total $32,409.00
Payment $ 540.00

1SS
$30,992 MSRP (includes destination)
$2510.00 Tax (8.10% Arizona)
$465.00 Registration/license
Total $33,967.00
Payment $ 566.78

2SS (What I was after AT close to the GT premium price)
$34180.00 MSRP (includes destination)
$2769.00 Tax (8.10% Arizona)
$513.00 Registration/license
Total $37,462.00
Payment $ 625.10

I am VERY disappointed, YES we were told premium to the mustang... but hundreds.. NOT THOUSANDS premium. I guess my Signature needs an update because its WRONG.

For now I am too upset with this news to write anymore about this.

 

Because "yesterday's" Mustang is the one that you could walk into a Ford dealership and order today, same as the Camaro. You'd get your Mustang a few months sooner, but those are the facts. We don't have anything else to compare it with yet!

You're in college, have an '02 SS, and can't wait a little longer to buy a brand new car?

I'm 28, have an '02 Z28, and have no plans to purchase a new 2010 Camaro. There's simply no way I could afford one.

Luck? You're going to need more than luck.

Even at 0% interest, you're looking at at least $494/month (with no down payment). At 10% (almost three grand) down, you could get it to $445. To get it under 400/month, you're talking about no less than $5,680 down. And, again, that's with 0% interest. I doubt that GM will be offering a rate that low. At a more typical 5.9% interest, you're talking about $433/month ($5,680 down) up to $515/month (no money down).

Well, it's debatable whether this counts, but 2003 and 2004 come to mind.

 

Extremely dated?
Didn't know 2005 was that old
And when exactly did Zeta see the light of day? ... wasn't it around 2006 in a holden?

Just sayin..made me laugh

 

I'm going to have to wait to see it in person. And I'm going to have to really study the options. Just adding the numbers together for a 1LT/RS with a sunroof puts the car over $27k.

Looking back at the window sticker I kept from my 2000 Z28, it was a fully optioned car and topped out around $29,000. I realize we're 9 years down the road, but in the V6 world I'm feeling like GM outclassed itself and left a gap where the little V6 Camaro fit in that $17k range for a base model.

This is going to be a really tough call. I don't need a new car. I should really be spending my money elsewhere or saving it. But, I've always wanted a *new* Camaro, and I missed the boat on the last of the 4th gens because I just didn't have that sort of buying power my first year of college

 

Seriously, my wife's pretty much base 4 bangin Altima is costing us $373 with $2k down and 1.99% financing. I put $6k down on my colorado crew cab with 6.8% and it costs $325. Unless you're going with a micro econobox or a korean crap car, the days of a sub $300 payment with little down are long gone...

I think the pricing is pretty good for what you get. The base models are where they'll make their money and in terms of value I think they'll sell quite a few.

As far as approaching the cost of a vette, there's a lot of other things that go into deciding between a vette and anything else, a prime one for a lot of people is the vette being a 2 seater. I'd kinda like to have a vette, but considering by the time I get ready to buy, my wife and I are probably looking at having being close to Nova Jr running around, a 2 seater just won't work. I'd imagine they'll sell quite a few SSs to family men/women that could afford a vette, want something sporty and fast but have a kid or two running around that just won't fit in a vette...

 

Im kind of upset to. Im praying that my dad gets a big break at work (which he will help me with my car) and pay cash or just wait and save up for a bigger down payment. Who knows even if I may get a new Camaro. That there for me is a scary thought.

 

the degree is completely worth it, hang in there. I know how you feel. I finished school about two years ago and have since bought an '02 Z28 (my dream car since high school ) and plan on buying a 5th gen in a few years as well.

Put in the hard work now and it will pay off. Dont try to make a major purchase while in school. Unless mommy and daddy are fronting the bill no one should be buying a brand new sports car while in school.

 

Also if you put the extra money that he saved in the mustang and then see who gets smoked..

 

The pricing seems to be about $1k higher across the model lines than I thought. It's also obvious they are charging a real premium for the V8 and especially the 2SS.
The problem I see with the ordering list and price is that the V6 2LT has a lot of standard content that's not even available on the 1SS.
So for me to get the Orange inferno interior I'll need to cough up an extra $3100 just for the option to spend another $500 on the interior because leather is only available the 2SS. So I'll be spending $36K + for a V8 Camaro coupe 6M with leather but w/o a sunroof.
I can't imagine where convert prices will start.

 

Setting aside the various expectations of a 30k loaded SS that many here had, I think the pricing is pretty much what I expected. One of my concerns have been that because the Camaro will offer no less than MSRP for quite a while and many of its competitors will be discounting off of MSRP and offering closer to invoice. An example is that Boardwalk Chevy in California has a 2008 Corvette brand new with Z51 and NPP for $38,740. When I price out my desired Camaro SS/RS it is $37,535. I love the Camaro but in this case the Corvette is very appealing. I suspect I am not the only one who will do this kind of comparison.

 

The Zeta platform underpinning Camaro is based on, but is not the same as, the Holden Zeta platform. The updated version hasn't hit the road in anything but Camaro. You'll have a hard time convincing anyone that such a thing could be considered dated.

Try equipping those Mustangs with all of the stuff that comes stock on the Camaro. Their base prices are lower because they don't come with all of the same stuff!

Even when you load up the Mustang, it still doesn't come with 422hp, a six-speed transmission, 20" wheels... the list goes on.

 

I know we're all in different financial boats here, but I would like to express an opinion of a potential owner of the fifth gen as a second car. With the information released today, I will find it difficult to justify a loaded Camaro over a 1-2 year old Z51 C6. I don't think it's a stretch to consider that a chunk of buyers of loaded 2SS cars will not likely be using them as daily drivers, but instead as weekend/fairweather cars, foregoing daily driver necessities like backseats. Taking price into consideration, I can't justify a loaded 2SS over the beforementioned C6, even an LS2 version, and even while comparing options. This is just one man's opinion.

***Edit - Pruettfan beat me to it.

 

Nope your not the only one. People on this board still fail to realize that the new Camaro will not sell below MSRP just like you said. If i can get into a brand new corvette in the same price range, i will and so will many other people and guess what? I'll be 2000-2002 all over again.