When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
I know of a few that 'preserve their vettes, so they'll last forever. What a joke! You only live once. Drive what you want. Only a zillion of them were made. Unless its a super rare one, I wouldn't buy one worrying about resale. I'll take the depreciation if driving it gives me a chance not to think for awhile. Enjoy!
hmm,you could think of it like cost per mile.
say,for example, a 96 with 40k is worth 17,000.00 and
the same optioned car with 140k on it is worth 12,000.00.(which i agree is about todays prices on average)
so thats 100,000 miles of smiles for 5000.00 dollars,or,
20 cents per mile.
pretty darn cheap vette rental.
if you log 20k a yr for 5yrs it costs you 1000 bucks a year,or
about 83 bucks a month to drive a 96 c4 corvette.
how the heck can ya beat that?
I have a 1996 A4. Got it over a year ago and it is my daily driver. I drive over 50 miles a day, every day and now have over 83000 miles on it. As far a resale, I couldn't care less. Corvettes are for driving and for appreciation theres the stock market and real estate.
I'm starting to shop for a '96 LT-1 to be used mostly as a daily driver. I say mostly because it's about a 60 mile roundtrip from work to home, and I will have an "extra car".
This is my 3rd Vette. My first was a '70 which I made money on despite the 135,000 miles.
My second was a '96CE...had 56,000 miles when I bought it, and 73,000 miles when I sold it.
I just bought a '93 coupe with 113,000 miles on it....I plan on driving the hell out of it....it will never be collectable and it's paid for...so I plan on having as much fun with it as I can over the next 4 years while I pay for my daughter's tuition....and when I have gotten my money's worth out of it, and family obligations easy up...I'll buy my first NEW Vette...probably in 4 years.
Call me or email if you have questions. I recently bought a 2004 C5 and see no point is letting this great C4 sit in the garage.
1Patriot: Thanks for the link. I had a white '94 Coupe and loved it. Yours is indeed a very nice car, but the red interior loses me. Please...no offense intended! Just a personal preference thing.
I'm sure I'll rack up a bunch of miles on my next one too. Can't stand to see it sit in the garage when there's so much fun to be had. I guess many people wutomatically associate "Corvette" with "collectible" which was the reason for my question.
Call me or email if you have questions. I recently bought a 2004 C5 and see no point is letting this great C4 sit in the garage.
1Patriot: Thanks for the link. I had a white '94 Coupe and loved it. Yours is indeed a very nice car, but the red interior loses me. Please...no offense intended! Just a personal preference thing.
I'm sure I'll rack up a bunch of miles on my next one too. Can't stand to see it sit in the garage when there's so much fun to be had. I guess many people automatically associate "Corvette" with "collectible" which was the reason for my question.
A Vette just isn't the car to buy for an investment. Sure, you can maintain it, keep it clean, wax it and whatnot...but once you drive it you'll be hooked, and the miles will start rackin' up! Buy it, mod it, maintain it, play with it, but for Gods sake drive, drive, drive it then drive it some more! What a wonderful toy!
Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette
Slideshow: A Jaguar designer's personal project imagines what a modern front-engined Corvette might look like if Chevrolet revisited the golden age of the Stingray.