Nothing like signing on the internet and finding a bunch of people wanting to be your parent. I had no where near that money at 17. He obviously shows quite some responsbility having that much money. Stop telling him what he SHOULD do with it and answer his question. Where is the guys saying $800-1000 a month for insurance, where did you make that info up from?

 

i think it is pretty awesome that you have aquirred and saved that much $, however the advice that these guys/girls have offered is 100% true. I know like they do they wish they would have listened just once when someone gave them advice.

I know b/c when i turned 18 i had a truck that was paid for and was going to college, then i got a job as a firefighter making 34000 dollars at 18 i thought i was rich, im 21 now so im still young and learning from my mistakes, i was thinking about buyin a new truck, what did every one tell me DONT DO IT. My truck was paid for and i went out and bought a new 36000 dollar truck so i could have the nicest ride amongst my friends pretty much. Now i am tryin to buy a house and sell the truck b/c that is the better thing to do. IMO dont buy the camaro just yet. Buy some land it will never depreciate and go to school. They will make new camaros every day but they wont make no more land or education. Please remember im only 21 and have had my truck for less than 1 year now and i regret it more than ever. please listen to these guys advice they are only trying to help.

Im off the soap box my .02

 

buy what you want man just do make sure you have your finances on order. I would suggest going all the way and getting a 1ss though it will be way more fun. Dont let anyone tell you it has to much power either. When i was 17 i drove a wheel stander to school at least three days a week when it was nice out. You just have to be responsible and know your limits with the car and you will be fine.

 

Todd, his post went way beyond simply asking for a Camaro under MSRP. At that point, it was no longer simply "Minding our own business" as you put it. You put your circumstances on line anywhere, and you are going to get input.

It's simply a shame that you and a couple of other people are such that you harshly criticize advice that is not only highly beneficial to him, but at the very least gives him something to think about & therefore at the very least something to be prepared for.

It would be completely irresponsible for anyone to read his post and not point out pitfalls. Thank God there are enough responsible people here to outweigh those irresponsible ones.

You ought to take time to actually concentrate on the things you're reading:

1. He's going to be on his grandmother's insurence, not his parents. At the risk of this coming out wrong (and there is no easy way to say this delicately) but, a 17 year old having 17 grand in this situation likely came into that money due to a cruel heartbreaking act of fate, not by as you put it: showing "quite some responsibility".

2. I would be completely irresponsible for keeping silent when you see a trainwreck coming up. There are obviously a few people left that want to see a 12th grader blow his life savings and potentially take his 62 year old grandmother into the vortex as well (via both insurence as well as credit rating) since he will no doubt approach her (which she'll likely refuse I suspect, rendering this whole debate moot) when he does discover having 17 grand in the bank alone simply won't cut it.

There was no number made up regarding insurence costs.

I'm guessing by your handle, you drive a '83 Camaro Z28 and the fact you stuck "Super" on the front of that handle, you perhaps tend to like to go for the exaggerated side of things and tend to have opinions that outweigh the reality of situations. I'm sure getting basic coverage for a 1983 Camaro Z28 in Abington, Maine is nowhere near $800. But, shift that scenario to a 4 seat brand new 2010 model year, over 20-grand sports coupe and shift the driver to high school age (or a few months beyond) and a driver with less than 3-5 year's experience, and that equasion changes....... greatly!!

Buying a brand new roughly $22,000 car that has to be even partly financed (again, a not so simple proposition for a 17 year old), the bank will mandate "Full Coverage" insurence. For a person who has had a driver's license for just a year and is 17 (or even 18) years old will be lucky to have rates starting as low as I posted.... especially for a car in the classification as the Camaro will fall under.

My advice to lrgguru stands, and it's up to him to decide what to do in the end as someone who will be an adult and will actually be able to sign for things under his own name when February rolls around (and be held responsible and accountable). But, it would be complete stupidity on his part to not at the very least check on all this first before comitting to this course of action.

I believe he's a responsible individual. At the same time, I have a son that just turned 20 in October. That means I went through that new driver (and insurer) phase with him not long ago both here and in Arizona (home to some of the lowest insurence rates in the country). I also remember my own time as a new teenage driver. Like me when I was his age, he recieved advice, looked into things, and made up his own mind. Like me, he didn't completely follow the advice given him, but at the same time he took in enough to check things himself and changed his goals when he saw what wasn't going to work and what he'd have to give up to do it.

It's going to be up to him to make the final decision, as it should be. And like the advice we offer each other on our cars, when we see someone who is young and seemingly hasn't considered all things involved in pursuing a course of action, by posting the information given, it is rightful, proper, and perhaps even mandatory that input and advice should be offered....
..... again, as it should be.

 

I didnt see anyone saying what he SHOULD do, rather friendly ADVICE. As a matter of fact I have been in a position where I paid 1200 PER month for liability in Insurance due to points on my license. Thats not making anything up its personal experience.

 

I got my 1996 Trans Am when I was 16 years old. I only had a few grand to put towards the car, my old man fronted the rest. I had to pay my own insurance as well as any maintenance on the vehicle that wasn't covered by a warranty. Owning a car that fast and that nice at such a young age, can be dangerous I suppose, but in my case it taught me to be responsible and careful. I didn't want my insurance rate to go sky high nor did I want to harm myself, anybody else or even ruin my brand new ride, by driving crazy. If its the car he's been dreaming of and he thinks he can make it happen, then I am excited for him. As far as good deals, probably not gonna be any good deals for awhile or at least until the initial demand dies down. Anyways, Good Luck!

 

To answer the original question:

I was in our local Chevy dealer last Friday looking at cars with & for my wife. I talked to the sales guy about the Camaro as well. I told him I would order one as soon as I could get it for invoice. He told me I couldn't do that now, but "you may be able to pretty soon."
Once this dealer goes to invoice pricing I will let you know. I expect it will be after they deliver the ones ordered for MSRP.

As far as the other advice to a teenager; good luck with that. I have raised 3 kids into their twenties and currently have 3 teenagers (18,16,14) at home. They hear what they want to hear and mostly have to learn from experience. If he's determined to use that money for a car that's what he will do.
That being said, I very much agree with the idea of maximizing education before indulging in gratification. $17K will pay for a lot of college or trade school, which will be far more valuable in the long run than any car.

(PS my wife didn't care for the Chevys; we looked at 7 different car models (including Cobalt, Malibu, Impala) and she liked a Honda Civic the best. I paid $100 below invoice for it. (Hey I tried Chevy first and she didn't like any of them, what can I say.))

 

What dealer is that?

 

Guion,

I completely understand what you are trying to say. All I'm saying is, I know how much it pisses me off when I ask a question, and I get everything but the answer I'm looking for.

Sure, give your advice, but at least humor the young man.

Irrguru,

If I was 17 again, and I had 17 g's in the bank.....I would NOT spend it on a new camaro. I agree with the vast majority of the folks here, there are much SMARTER things out there that you can spend that 17 grand on at your age.

Have you ever thought about investing that 17k in a Roth IRA? Why not buy a beater, and invest 10K in a Roth IRA? If you let that money mature until your retirement age, you could have a very large nest egg. I'm sure there is some sort of financial guru on this website that knows all about this stuff. I have marginal knowledge in that area at best. I currently have THREE retirement accounts, and I seriously wish I had started them when I was your age. I'm 31 now.

Just THINK before you DO man. If you do something stupid with that money, you WILL regret it later. I promise you. Don't let it burn a hole in your pocket. Put it somewhere where you can't touch it, like a college education, or a Roth IRA.

Anyway.........to answer your original question before I sound like a complete hipocrite (SP?), I have no idea of any dealerships that are selling for below MSRP.

To answer your second question: google car shipping and you'll come up with a bunch of different companies. The only one I can think of off the top of my head is forward air (I think). Just for example, to ship from california to mississippi will probably run you somewhere around 500 to 1500 bucks depending.

IF ANYONE KNOWS OF ANY DEALERSHIPS IN OR AROUND SAN DIEGO CALIFORNIA THAT ARE SELLING 1 OR 2SS's FOR MSRP, PLEASE PM ME. I have not had any luck so far. lol.

 

Young Chevrolet in Layton, UT.
They have been taking orders at MSRP since October.
I'm going to wait for a better deal, plus I want to see the colors in person before making my final decision.

 

Fair enough, thanks for the info.

 

The quicker a car goes to "invoice pricing" the quicker you will see it not being sold anymore. People don't understand that something being whored out isn't always the best overall scenario.

I hope the new Camaro is respected enough that it takes a LOOOOOOONNNNNNGGGG time before pricing gets close to that. That will ensure a strong market for the car and strong resale value down the road.

 

Well I typed out a long one and it got deleted so here are the cliffnotes:

MA= Massachusetts

and you are oblivious.

 

I don't want one for invoice, I just want a 2SS for MSRP! Is that too much too ask?

 

Give it 6 months or so and that should be easy. I'd be happy to pay MSRP too.