Buy a C5 young?
Team Owner
Joined: Mar 2006
Posts: 27,567
Likes: 99
From: San Diego
If you don't have a safe and nice place to keep the Vette, I'd wait until you could afford a nice area(garage) for it.
I'm 26, bought my Vette 2 weeks after my birthday, and love every minute of it. Was out cruising with the roof off after work, and my dad calls me from Texas. He's cruising through his lake property with the top down on his 86' C4 vertible. We got a nice laugh out of that.
But yes you should have a safe place for the car. You'll worry to no end about it otherwise.
I'm 26, bought my Vette 2 weeks after my birthday, and love every minute of it. Was out cruising with the roof off after work, and my dad calls me from Texas. He's cruising through his lake property with the top down on his 86' C4 vertible. We got a nice laugh out of that.
But yes you should have a safe place for the car. You'll worry to no end about it otherwise.
Heel & Toe
Joined: Mar 2006
Posts: 21
Likes: 0
I'm 23, bought a red 2000 M6 coupe about 4 months ago to celebrate my new job.
Personally, I would rather have put a down payment on a house, but sadly I'm stuck in Orange County where a shoebox next to the highway costs 300K- no way I can cover the mortgage on that.
Honestly, I'm probably never selling this car, and so am currently just not thinking about depreciation.
Personally, I would rather have put a down payment on a house, but sadly I'm stuck in Orange County where a shoebox next to the highway costs 300K- no way I can cover the mortgage on that.
Honestly, I'm probably never selling this car, and so am currently just not thinking about depreciation.
Drifting
Joined: Apr 2005
Posts: 1,509
Likes: 1
From: Lafayette CA
Originally Posted by sooz
Except this guy is a gal!
Hey, great to see more women on here lately!
Be careful! You'll have guys lined up around the block to take you up on the your advise!
What guy in their right mind wouldn't go for a smart woman who owns a Vette!!! 
Hmmmmmmmm . . . Can I trade my wife in?
Pro
Joined: Jan 2006
Posts: 667
Likes: 0
From: Galveston Indiana
Originally Posted by 1998 GTR
Hey, great to see more women on here lately!
Be careful! You'll have guys lined up around the block to take you up on the your advise!
What guy in their right mind wouldn't go for a smart woman who owns a Vette!!! Hmmmmmmmm . . . Can I trade my wife in?
Drifting
Joined: Apr 2005
Posts: 1,509
Likes: 1
From: Lafayette CA
Originally Posted by sooz
My husband won't trade me in for a newer model. Says that the depreciation hit he would take on me isn't worth it. But I think he is just using me for my vette.
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Melting Slicks
Joined: Apr 2006
Posts: 2,045
Likes: 9
From: Montreal ** Enjoy the ride !!
Get a house first.. it's a base to your future. It's the biggest expense one has in a lifetime, get an eary start.. Housing goes up all the time. Might not be as affordable in a few years.
Racer
Joined: Oct 2005
Posts: 428
Likes: 0
I bought my house first for two reasons: (1) I wanted to get the HELL out of apartment life and have an investment; (2) I wanted to have a garage to keep the vette in because of all the car break-ins and theft.
Yeah, you only live once, but you are still very young and have plenty of time. I'm 35 and am glad I bought the house first--its the smarter thing to do, but not the most fun thing to do.
Yeah, you only live once, but you are still very young and have plenty of time. I'm 35 and am glad I bought the house first--its the smarter thing to do, but not the most fun thing to do.
Racer
Joined: Nov 2004
Posts: 288
Likes: 0
From: Woodbridge VA
I'm 23 and bought my 'vette this year. No house. Married. No kids. Live in an apartment.
No question about the house. I live in Northern VA. Why in gods name would I want a house here?
aside from that, a C5 of proper vintage and miles is no more expensive than really anything else. The payments on my '99 C5 are substantially less than my wife's '04 Honda Accord (and she doesnt even have the v6 lol).
So my vote is: you're only young once, get the corvette
No question about the house. I live in Northern VA. Why in gods name would I want a house here?
aside from that, a C5 of proper vintage and miles is no more expensive than really anything else. The payments on my '99 C5 are substantially less than my wife's '04 Honda Accord (and she doesnt even have the v6 lol).
So my vote is: you're only young once, get the corvette
Instructor
Joined: Feb 2006
Posts: 227
Likes: 0
From: Atlanta GA
You were very wise to get a good education first, this is the best investment you will ever make in your life. It will return dividends for years to come. Next step, buy yourself a house with a spacious garage for that Vette. The Vette will be in the garage before you know it.
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If it were me, the house would be first. Great investment and a Vette would look nice a little later in that garage.