Flip That 'Vette
Melting Slicks
Joined: Jan 2007
Posts: 3,021
Likes: 133
From: Conejo Valley CA
I definitely fall in the camp of long term ownership. As crazy as some people out there will think this sounds, my goal is to keep it for 20 years. I'm 1 down and 19 to go. My previous car I kept for 15 years and only got rid of it because it became unrepairable. The corvette is a very supported platform so I am hoping not to run into that issue.
Other than mod'ing a car for performance, it's also about making it the way you want it. Why build something you really like and poor tons of time & money into something only to get rid of it later?
Other than mod'ing a car for performance, it's also about making it the way you want it. Why build something you really like and poor tons of time & money into something only to get rid of it later?
Melting Slicks
Joined: Apr 2005
Posts: 3,469
Likes: 4
I bought mine about 2 years ago and have no plans to sell it. I'll probably keep it for for another 5-10 years or so and replace it with a newer vette or sports car, but not until I'm in a financial position to do so very easily. Right now the car is paid for and I'd rather be spending my money on paying off a rental property that I own investing for the long haul. The Vette is a great toy and quite frankly no other cars are really calling out to me these days -- my interests are focused on other things.
Le Mans Master
Joined: Feb 2003
Posts: 6,369
Likes: 73
From: The line waiting to see Santa Claus stretched all the way back to Terre Haute, and I was at the end, Indiana
St. Jude Donor '08-'09-'10-'11-'12-'13-'14-'15-'16-'17-'18
I'm pretty fickle when it comes to cars. After 2-3 years, I get the itch to trade, but I bought the 99 in April, 2000, and have been very happy and content to keep it for over 7 years. I have just recently considered getting a 2008 and getting rid of the 99, but have a hard time even considering life without the '99. I'd love to keep it, but just don't have the room. I'm still debating which way to go...new C6 or just keep the C5 for a little longer.
Lepus-temperamentalus
Joined: Apr 2004
Posts: 5,827
Likes: 5
From: Roswell Ga
do most forum member buy their vettes with the idea of selling them later or keeping them forever?
i just bought my first corvette. i bought it with no intentions of ever selling it. i hope to be able to maintain it and keep it until i'm very old and grey (well, more grey).
i know some folks are flippers...they see good deals, fix 'em up, and sell 'em for profit.
then there are folks who buy 'em, mod 'em, and sell 'em for less than they have in them due to boredom with the car or pressing financial reasons.
just interested where most forum member are on this issue.
jeff
i just bought my first corvette. i bought it with no intentions of ever selling it. i hope to be able to maintain it and keep it until i'm very old and grey (well, more grey).
i know some folks are flippers...they see good deals, fix 'em up, and sell 'em for profit.
then there are folks who buy 'em, mod 'em, and sell 'em for less than they have in them due to boredom with the car or pressing financial reasons.
just interested where most forum member are on this issue.
jeff
At 56 I now know that I'll NEVER be without a vette again. My 98 has 56K on it. I figure in about 18 months C6's will be below 30 and I'll start looking for one of them. I'd like the LS2 and the Nav system.
Plus in another 18 months, I figure the C6 body style will finally grow on me enough to buy one. Next time, it's the M6 instead of the auto though. Unfortunately, I can't talk the wife into a vert yet though.
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Administrator
Joined: Mar 2001
Posts: 368,080
Likes: 24,732
From: In a parallel universe. Currently own 2014 Stingray Coupe.
C7 of the Year - Modified Finalist 2021
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St. Jude Co-Organizer
St. Jude Donor '03 thru '25
NCM Sinkhole Donor
CI 5, 8 & 11 Veteran
I bought mine with the intention of keeping it a long time - so far it's 6 1/2 years and counting.
Racer
Joined: Mar 2006
Posts: 380
Likes: 0
St. Jude Donor '08
Live for the moment with your Vette, never intend to keep a car forever, you never know what can happen, and emotional attachement to a car (just like to a woman hehe) can end up costing you money you could have spent on a new one.
Never fall in love with a car, I did once, and it was stolen and destroyed exactly 1 month and 24 days later!
Never fall in love with a car, I did once, and it was stolen and destroyed exactly 1 month and 24 days later!
Race Director
Joined: May 2005
Posts: 15,960
Likes: 21
From: West Norriton PA
St. Jude Donor '08
I'm keeping my custom C5 forever. I have too much blood, sweat and tears into this project to ever let her go.
I'll probably by a C6 in a couple of years for a daily driver, once I finish putting my baby back together.
I'll probably by a C6 in a couple of years for a daily driver, once I finish putting my baby back together.
Safety Car
Joined: Dec 2004
Posts: 3,738
Likes: 217
From: Arizona AZ
Instructor
Joined: Apr 2007
Posts: 199
Likes: 0
From: Cali
My 2000 C-5 needed some work when I bought it a few years ago but now most of the bugs are gone its
I will keep this one for a while. Seriously, if the motor goes out I can just get a LS2-LS7! I don`t have to get a new one, maybe a newer one some day. .............Bill in Los Angeles
I will keep this one for a while. Seriously, if the motor goes out I can just get a LS2-LS7! I don`t have to get a new one, maybe a newer one some day. .............Bill in Los Angeles