Notices
C5 General General C5 Corvette and C5 Z06 Discussion not covered in Tech

Young driver insurance

Thread Tools
 
Search this Thread
 
Old May 16, 2005 | 05:38 PM
  #21  
CorvetteNoobie's Avatar
CorvetteNoobie
Instructor
 
Joined: Mar 2005
Posts: 200
Likes: 0
Default

Originally Posted by BlownV6
How does one afford a C5 at 19? Or is mommy and daddy going to pay for it?
What business of yours is it? I really dislike that kind of attitude, you shouldn't make snarky remarks.
Reply
Old May 16, 2005 | 05:41 PM
  #22  
Stangkiller's Avatar
Stangkiller
Race Director
15 Year Member
 
Joined: Jan 2003
Posts: 14,285
Likes: 0
From: Houston, Tx Got traction?
CI 5-6-7-8-9-10 Veteran
St. Jude Donor '07-'08
Default

Originally Posted by BlownV6
How does one afford a C5 at 19? Or is mommy and daddy going to pay for it?
It's really quite simple....Get a job at a restaurant or Bar, make lots of cash money, put 10k+ down. With decent credit, or possibly a co-sign...no money just a cosign a 17,18, 19 however old you are can afford a Corvette.



Chris
Reply
Old May 16, 2005 | 05:55 PM
  #23  
warpster's Avatar
warpster
Drifting
15 Year Member
 
Joined: Nov 2001
Posts: 1,319
Likes: 1
From: Lincoln Nebraska
Default

I'm paying right at $900 a year for the Vette and my DD. But I'm also 52 so....
Reply
Old May 16, 2005 | 06:56 PM
  #24  
2toys's Avatar
2toys
Burning Brakes
15 Year Member
 
Joined: Dec 2004
Posts: 802
Likes: 2
From: North Royalton Ohio
Default

Hey, buy the car, worry about the insurance later. You'll find a way to pay for it. You're only going to be young once. You might as well enjoy yourself.
Life's short..Vettes are fast..only the good die young.
Reply
Old May 16, 2005 | 07:54 PM
  #25  
99GTvert's Avatar
99GTvert
Thread Starter
Intermediate
 
Joined: May 2005
Posts: 41
Likes: 0
Default

Originally Posted by BlownV6
How does one afford a C5 at 19? Or is mommy and daddy going to pay for it?
No mommy and daddy are not paying for it. It's called having a full time job since I was 13 and not spending all my money on beer like other kids my age. It's all about priorities.
Reply
Old May 16, 2005 | 10:12 PM
  #26  
bierbelly's Avatar
bierbelly
Race Director
10 Year Member
 
Joined: Jul 2002
Posts: 11,522
Likes: 0
From: Sterling VA
Default

Originally Posted by 99GTvert
No mommy and daddy are not paying for it. It's called having a full time job since I was 13 and not spending all my money on beer like other kids my age. It's all about priorities.
No beer? What's the point of life?
Reply
Old May 16, 2005 | 10:19 PM
  #27  
srchief100's Avatar
srchief100
Burning Brakes
 
Joined: Jun 2004
Posts: 1,220
Likes: 0
From: St. Robert Missouri
Default

Originally Posted by 99GTvert
No mommy and daddy are not paying for it. It's called having a full time job since I was 13 and not spending all my money on beer like other kids my age. It's all about priorities.
Reply
Old May 16, 2005 | 10:20 PM
  #28  
srchief100's Avatar
srchief100
Burning Brakes
 
Joined: Jun 2004
Posts: 1,220
Likes: 0
From: St. Robert Missouri
Default

Originally Posted by bierbelly
No beer? What's the point of life?
Reply
Old May 16, 2005 | 10:34 PM
  #29  
Blowtorch's Avatar
Blowtorch
Safety Car
 
Joined: Mar 2004
Posts: 4,703
Likes: 1
From: Don't taze me 'Bro! VA
Default

Originally Posted by 99GTvert
No mommy and daddy are not paying for it. It's called having a full time job since I was 13 and not spending all my money on beer like other kids my age. It's all about priorities.
You couldn't buy beer anyway, the legal age in almost all states ( if not all) is 21.

There is something you need to understand son. Many of the Vette owners here waited a long time (me included) before they could jump in a Vette. I don't have any statistics, but I would wager most first time Vette owners are more like late 20's to mid 30's and up. I think its only natural for there to be skepticism when a 19yr old first time owner pops in here.

And you better have a good paying job, because the cost of buying the car is just the beginning. Gas, insurance, maintenance, and MODS will wear out your checking account!

Enjoy while you can I say. Soon enough you will have a house payment(maybe 2), alimony, college tuition for the kids, etc, etc, etc.
Reply
Old May 16, 2005 | 10:41 PM
  #30  
themosjohn's Avatar
themosjohn
Advanced
 
Joined: Feb 2005
Posts: 76
Likes: 0
From: hudson Nc
Default

my insurance for a full coverage on a 99 frc and minimum coverage on a 97 civic runs me 85 dollars a month with state farm. i'm 22 with no points or recent tickets pending. thats as good as i could find. it was gonna be 1800 a year through my old insurance company for just the vette... long live STATE FARM
Reply
Old May 16, 2005 | 10:45 PM
  #31  
themosjohn's Avatar
themosjohn
Advanced
 
Joined: Feb 2005
Posts: 76
Likes: 0
From: hudson Nc
Default

and you might as well get used to those " mommy and daddy's ride" remarks. you'll notice that a lot of men in minnie vans are quite jelous of younger guys driving a nice ride. i do realize that a lot of kids are blessed with rich parents, but i've worked hard to be where i'm at and its dissapointing to get the " i like daddy's ride" comments after a 10 hour work day!
Reply
Old May 16, 2005 | 10:45 PM
  #32  
GrayC5's Avatar
GrayC5
Race Director
20 Year Member
Conversation Starter
All Eyes On Me
 
Joined: Nov 2003
Posts: 12,346
Likes: 5
From: Mustang OK
Default

Welcome to the Forum!

As, others here have mentioned you really need to speak to some agents to get any meaningful numbers. Good luck.
Reply
Old May 16, 2005 | 10:53 PM
  #33  
finallyownone's Avatar
finallyownone
Intermediate
 
Joined: Oct 2004
Posts: 41
Likes: 0
From: lorain Ohio
Default

I'm 22 and on my 04 CE I am paying roughly 700 every 6 months. If I could get my grades back up my insurance company gives a good student discount which had my payments at 550 every 6 months. Ask them if they do discounts for grades or multiple policies such as getting a life insurance policy. Life insurance costs me 110 a year but i get a $150 multiple policy discount.
Reply
Old May 16, 2005 | 11:03 PM
  #34  
99GTvert's Avatar
99GTvert
Thread Starter
Intermediate
 
Joined: May 2005
Posts: 41
Likes: 0
Default

Originally Posted by Blowtorch
You couldn't buy beer anyway, the legal age in almost all states ( if not all) is 21.

There is something you need to understand son. Many of the Vette owners here waited a long time (me included) before they could jump in a Vette. I don't have any statistics, but I would wager most first time Vette owners are more like late 20's to mid 30's and up. I think its only natural for there to be skepticism when a 19yr old first time owner pops in here.

And you better have a good paying job, because the cost of buying the car is just the beginning. Gas, insurance, maintenance, and MODS will wear out your checking account!

Enjoy while you can I say. Soon enough you will have a house payment(maybe 2), alimony, college tuition for the kids, etc, etc, etc.
So you feel that because you are older you are more deserving of a nice car? I know all about the other expenses of muscle cars. A corvette gets better gas mileage than my current car, insurance is what I was asking about in this thread (which again should be better than my current car), as for maintenance that is expected to come with any used car, and I have already planned out somewhat which mods I will get and when I can get them. I am not just some dumb kid, I research and plan BEFORE I buy. Thanks for your concern though.
Reply
Old May 16, 2005 | 11:06 PM
  #35  
99GTvert's Avatar
99GTvert
Thread Starter
Intermediate
 
Joined: May 2005
Posts: 41
Likes: 0
Default

Originally Posted by themosjohn
and you might as well get used to those " mommy and daddy's ride" remarks. you'll notice that a lot of men in minnie vans are quite jelous of younger guys driving a nice ride. i do realize that a lot of kids are blessed with rich parents, but i've worked hard to be where i'm at and its dissapointing to get the " i like daddy's ride" comments after a 10 hour work day!
Yeah I know, I get that with just my Mustang. Anybody who's opinion even matters to me though, already knows how hard I work for my car so I guess that's all that matters.
Reply
Old May 16, 2005 | 11:38 PM
  #36  
JimAgain's Avatar
JimAgain
Burning Brakes
 
Joined: Jul 2003
Posts: 1,233
Likes: 0
From: Drivin' and Divin' in Seattle
Default

Originally Posted by CorvetteNoobie
What business of yours is it? I really dislike that kind of attitude, you shouldn't make snarky remarks.
The truth is you had an opportunity to make a wise choice and you did.

Instead of doing what I (and doubtless many others here) did at that age, which was to chose to buy lesser vehicles and then throw good money at making them slightly faster lesser vehicles, you went straight to the right car.

The problem was that a car like the C-5, even corrected for the technology of the era, didn't exist at such an economic price for its day. All we had were models like the Porsche 911sc or the 308GTS. At more than $10,000 in 1979 for a one year old 911sc, that was far more than you would ever pay for a good C-5 today when you adjust for inflation. Even the overpriced 308GTS was an underperformer in the horsepower department.

Congrats on the right choice on a great preowned car and welcome to the greatest forum.
Reply
Old May 16, 2005 | 11:39 PM
  #37  
CP22's Avatar
CP22
Intermediate
 
Joined: Dec 2004
Posts: 43
Likes: 0
Default

I'm 17, and I have a MY 04 vert, insurance must be a killer
Reply

Get notified of new replies

To Young driver insurance

Old May 17, 2005 | 12:15 AM
  #38  
pinskiC5's Avatar
pinskiC5
Instructor
 
Joined: Jan 2005
Posts: 174
Likes: 0
From: Charlotte North Carolina
Default

Originally Posted by pewterwest99
I am 20 yrs old with 1 ticket on my record for speeding. I am in Houston, Tx. and my insurance actually lowered when I switched from my '01 Mustang GT Convertible to my '99 Corvette Coupe.


The Corvette is cheaper to insure than the '97 GT vert we've also got. Same drivers same policy, etc. Clean records.




Originally Posted by bierbelly
No beer? What's the point of life?
Go back to Stangnet, you!

Last edited by pinskiC5; May 17, 2005 at 12:17 AM.
Reply
Old May 17, 2005 | 01:32 AM
  #39  
UT-Driven's Avatar
UT-Driven
Racer
 
Joined: Apr 2005
Posts: 401
Likes: 0
From: Ogden Utah
Default

Originally Posted by RedRider98
Damn, I guess this is one case where being "old" is a good thing! I am 30 and my insurance on the Vette for full coverage and 250 deductibles is only $53 a month!
Is that for full time use or pleasure only? I am paying $50 a month for pleasure use for my 2000 Coupe with 3 cars and 2 drivers insured through Progressive.com and I am 36 and haven't had any tickets since I was 18.

UT-Driven
Reply
Old May 17, 2005 | 01:53 AM
  #40  
NSTG8R's Avatar
NSTG8R
Le Mans Master
10 Year Member
 
Joined: Oct 2002
Posts: 6,772
Likes: 1
From: Tampa FL
Default

Mine is $158 / month
Reply



All times are GMT -4. The time now is 04:03 PM.