Chevy SSR Forum banner

1 - 15 of 15 Posts

·
Registered
Joined
·
5 Posts
Discussion Starter #1
well, fellow ssr owners, i have a little story to tell you. i purchased my ssr on april 1 , 2004. i have since driven it 1000 miles to this date. i paid stiker for the truck at time of purchase. i have added tinted windows (felt installed in the door for scratching ) also added the silver gauge package and the clear plastic on the vehical for chipping. all in all i have $48,000 invested in said vehical. went to the dealer , that i purchased the vehical from today and tried to trade up for a 2005 that he has in stock. sticker on that vehical is $49,450. all that said they offered me the chance to trade up (for my vehical and $12,900 more.) they would not negoiate that price. i told them to zip up their jackets before their hearts would fall out. so much for the ssr's holding any kind of value. so what do any of you think about this ?
 
T

·
Guest
Joined
·
0 Posts
I feel the `05`s LS2 engine hurt the value
of our SSR`s. But also think that once all
the buyers that will pay sticker on them
are dried up that you`ll see dealers trying
to unload them like they are now doing
on the `04`s.

I`ve been watching Ebay and the `05`s
don`t seem to be moving.

Later,
John
 

·
Registered
Joined
·
98 Posts
I think you (and most of us) are in a tough place.
First off, you paid sticker for a 2004. Per the board, ebay, etc. they can be had for invoice or less. Many $ thousands less than you paid.
GM has 0% financing on new 2004's for 6 years.
The 05's have more power and the wanted 6 speed.
The '03's are much more limited, but I think we will be hit hard too.
Hope you have enjoyed driving it.
 

·
Registered
Joined
·
413 Posts
Im sorry but if any of you bought an SSr(or any new car) for investment purposes you were dreaming . any 50k vehicle will take a 10k depreciation the first year Drive your ssr and enjoy it for what it is Probally the most exciting vehicle in the past 25 years
 

·
Machell
Joined
·
20,829 Posts
Maybe the dealers think that having the 05's listed at the same prices of the 04's they will sell the 05's faster. I for one don't like that but there is nothing I can do about it. I knew that like any vehicle bought new off the lot would decrease in resale value. The problem falls back on GM and the dealers. I see many dealers now have several SSR's on their lots when a year ago no one had seen one up close. Some people still haven't seen them in person. I am glad I had mine for the past 6 months to drive around.
 

·
Premium Member
Joined
·
219 Posts
stickin to my 03

Current SSR owners, from reading all the related threads , wished they knew about the 05s 9 months ago. Though they are pleased about owning the SSR all are wishing for more power.
We'll, I for one am happy with my limited 03. I don't need all that power. where am I gonna use it? It's like a young stud taking Viagra.
For most of us, SSR have all the showy power we need for the local commute and an occasional cruises as SSRs were designed for.
There are those who dream for SSR as a racer and spends mucho dinero, but lets face it , SSR is a 5000lb heavy weight. First rule of speed is minimizing weight.

CRUISE and show off your baby! Not race to see if you can pass a Viper.
Treat it gentle and she'll give you years of Super Stress Relief!!
After 9 months and near 15,000 stressfree miles, I gave my baby a full beauty treatment and it looks new again.

There's never an end for greed
 

·
Premium Member
Joined
·
2,251 Posts
Ditto

I agree wholeheartedly Saharajohn. I don't think I would trade straight across for an '05 with the six speed. I don't need the extra power and I don't want a stick. I've done quite a bit, mostly small things, to mine and I still get a kick everytime I drive it. I guess a few of us are lucky because we are satisfied and are able to just enjoy what we've got. I bought mine because I love the style and the feel of it and the fun I've had was well worth the $10 or $15,000 depreciation. I don't feel like I lost the money because I don't plan of getting rid of mine for a long, long time.
 

·
Premium Member
Joined
·
9,222 Posts
I'm coming around to your way of thinking, lloger.

I had a deposit in 2 years before the first units hit the street, but the pricing was way out of sync with the US, and I backed off, and started looking for a used one - for once, I wanted to be first with a new toy,instead of on the sidelines wishing.

I originally bought this one thinking I could play with it for a while and at least break even by reselling in Canada, then get an early 06 with a 6 speed. I picked mine up in N Carolina in early May, when Canadian pricing was at $80K for a fully optioned SSR. I landed mine at about $55K, but because GM Canada made such a mess of the initial pricing by not adjusting to a drastically improved exchange rate, the dealers are hung with way too many new units. Bottom line, new SSRs are now way below cost (close to $55K new) making mine pretty much a keeper.

My wife, who keeps reminding me she's a saint :angel for letting me have my mid-life crisis, said - keep this one, get the wheels and toys you want, then wait till the last year (possibly 08), and get a new one with a 6 speed then. Apparently she thinks she gets to keep the 03 with the automatic.

So - I've started gathering some trinkets, and I'm going to SEMA in early November (driving the SSR down) to check out the latest in toys - damn, it's a tough life.

No regrets - hard to put a price on the enjoyment we've had - always looking for an excuse to get back on the road.

Ray :thumbs
 

·
Registered
Joined
·
407 Posts
lloger said:
I bought mine because I love the style and the feel of it and the fun I've had was well worth the $10 or $15,000 depreciation. I don't feel like I lost the money because I don't plan of getting rid of mine for a long, long time.
ditto here!!!!!

rick
 

·
Registered
Joined
·
318 Posts
Trade Up

g22r said:
well, fellow ssr owners, i have a little story to tell you. i purchased my ssr on april 1 , 2004. i have since driven it 1000 miles to this date. i paid stiker for the truck at time of purchase. i have added tinted windows (felt installed in the door for scratching ) also added the silver gauge package and the clear plastic on the vehical for chipping. all in all i have $48,000 invested in said vehical. went to the dealer , that i purchased the vehical from today and tried to trade up for a 2005 that he has in stock. sticker on that vehical is $49,450. all that said they offered me the chance to trade up (for my vehical and $12,900 more.) they would not negoiate that price. i told them to zip up their jackets before their hearts would fall out. so much for the ssr's holding any kind of value. so what do any of you think about this ?

Never seen a dealer yet that would give you even a reasonable price on trade-in...! :mad
 

·
Registered
Joined
·
4,175 Posts
dohyatt said:
Im sorry but if any of you bought an SSr(or any new car) for investment purposes you were dreaming . any 50k vehicle will take a 10k depreciation the first year Drive your ssr and enjoy it for what it is Probally the most exciting vehicle in the past 25 years
Double Ditto!!!

RickSSR :cool
 

·
Registered
Joined
·
31 Posts
For love of a car...

I agree with Wildcat when she said, "I'm just glad I've had this car to drive around for 6 months..."

You know, I bought this baby because, well..., I fell in LOVE with the damn thing! I don't just like it, I LOVE it! That means I don't give a rat's ass about "investment value" and "depreciation" and all that other bean-counter silliness.

I also agree with the opinion, stated above, that questions the logic of buying such a vehicle for trade-in value, or getting your money back, somehow. We are all big boys and girls. Buyer's remorse is for losers. I am having more FUN driving this vehicle.... It makes my eyes feel good, every time I look at it.

If you want trade-in value, buy a BMW (I am about to buy my wife her 2nd one), and if you want an investment, get a Ferrari. But if you want to have FUN, get an SSR!!!

Cheers,

Randy :flag
 

·
Premium Member
Joined
·
3,665 Posts
That big noise

That big noise you heard when you first pulled of the lot was depreciation falling out of the back of the truck. Always been there, always will be there and it doesn't matter much what kind of vehicle you buy ('cept maybe a Harley). The only real answer is to buy low mileage one year used vehicles. Just couldn't do that with my SSR - had to have it - so just forget about it and enjoy it.
 

·
RetroCarGuy530
Joined
·
1,536 Posts
My purchase of an 03 (in 6/2004) was to be a long term purchase. After spending 3 months of complete hell with my SSR in the service department 13 times, I could not consider that particular SSR reliable transportation. That made the trade-in value a consideration again for me. I ended up taking a $12000 hit just to dump my particular 03 SSR. I currently work from home, but the company I work for is being sold (I hope) and I need to commute to the SF Bay area (350 mile round trip) one time per week. I could not continue to place the SSR into the service department for repairs that GM was not willing to make (that's even if they knew what the heck was wrong with it).

I traded in a 2004 Nissan 350Z Touring Coupe when I purchased the 03 SSR. I had the 350Z for about 9 months. I absolutely loved the concept of the SSR (mainly the hard top). I took about a $5000 hit trading in the 350Z on the SSR. I then had to add $22000 cash to the trade-in to purchase the SSR (including CA sales tax and all other fees). Then I had to add another $7000 to the SSR trade-in value to get out of the SSR and into a 2004.5 Nissan 350Z Touring Roadster.

I somewhat agree with the many SSR owner's on the board that state trade in value is not a concern because they plan to keep it a long time. That was my plan too. Trade in value or current market value will need to be considered if you have a major accident with your SSR and it's totaled (I hope that never happens to anyone) or if you start having problems like I did with my SSR.
 

·
Registered
Joined
·
601 Posts
I really want to trade my 03 but with all the talk of not getting any money for it. I will keep mine and look into a super charger. I also talked to the sells person who sold me mine. And from what he is saying . People are more interested in the 04's that are left than the 05's. There is not that much different in power increase for off the line power.
 
1 - 15 of 15 Posts
Top