This V8-Powered Car Held Nearly All of Its Value
If you want a V8-powered muscle car sedan that holds its value, there’s a name that may have flown under your radar: the Chevrolet SS. A direct competitor for the famous four-door Dodge Charger, this understated Chevy SS sedan had a secret weapon: a 415-horsepower, 6.2L LS3 V8 powerplant. The result was a fast, sharp sleeper sedan with a heart you would expect in a Corvette. Here’s a little about the Chevrolet SS and its retained resale value.
How much does a Chevrolet SS cost?
Chevrolet’s V8-powered car, the SS, is a performance bargain when you consider its used price and how much horsepower it produces. For instance, a 2017 Chevrolet SS with 50,000 miles has a fair purchase price of $46,354. For a sedan with over 400 horsepower, that’s not a bad price tag. Still, if you want a more commonplace Dodge Charger SRT8, you’ll be paying quite a bit less.
For instance, Kelley Blue Book (KBB) says you can snag a 2014 SRT8 with 50,000 miles for a fair price of $30,419. While that might be a faster car for less money, it’s undoubtedly less unique than the Chevy and its four-year run. Of course, you could save by opting for the first model year SS and its average $38,021 used price.
How much of the V8-powered car’s original resale value did it retain?
The original 2014 Chevrolet SS with an LS3 V8 engine and a six-speed 6L80 automatic transmission started at $45,770. According to Car and Driver, that price represented the starting cost plus the import fees. You read that right; although the Chevrolet SS seems like an original American muscle sedan formula, it is actually based on the Australian Holden Commodore.
Still, with a fair used price of $38,021 for an example with 50,000 miles, the 2014 SS didn’t lose much of its value compared to the rest of the sedan market. On average, cars depreciate around 40% of original value in the first three years of ownership. Instead, the SS only lost about 17% of its initial price. Furthermore, the 2017 model only lost about $2,500 off the V8-powered car’s original price.
Is the Chevy SS engine supercharged?
Although the Chevrolet SS goes toe-to-toe with the Dodge Charger SRT 392 of the time, neither super sedan features a supercharger. Instead, the Chevrolet SS packs a naturally aspirated LS3 V8 engine. However, the lack of forced induction doesn’t mean the SS is a slouch. The 415-horsepower SS will blast to sixty in just 4.5 seconds.
Should you cash in on your V8-powered car’s value and sell your SS?
Just because the V8-powered Chevy car has managed to hold onto a lot of value doesn’t mean you should part with it. The short-run SS will undoubtedly have some collectible merit, especially the later models with the available manual transmission. If you have or want a Chevy SS, it’s sure to put a smile on your face with V8 power and sleeper aesthetics.
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