Trouble
Melting Slicks
Joined: Oct 2006
Posts: 2,228
Likes: 5
From: Gainesville Georgia
The insurance on my Corvette is the least expensive I've ever had on any car to date. Same thing with my father, we were just talking about how inexpensive Corvette insurance is yesterday. Hum...
Administrator
Joined: Jun 2007
Posts: 66,409
Likes: 2,061
From: Bel Air (by way of Fort Worth, TX) Maryland
St. Jude Donor '12 thru '21
common problems:
EBCTM/EBCM
column lock
oil pressure sender
fuel gauge
rear diff leak
harmonic balancers coming apart
etc.
depending on your definition of "expensive" none of these are too terribly expensive to either fix, or perform preventative maintenance on to prevent the problem.
insurance on a C5 is remarkably low. I expected it to be much higher than it actually is. there are 2 factors that I can think of
1) the car is a 2 seater, if you get into an accident, only 2 people can be hurt. a mustang's CD holder (rear seat) can technically allow the car to accommodate a total of 4 people, to insurance companies this means more money they might have to pay out = higher rates.
2) Corvette owners tend to be much safer drivers than owners of other main stream sports cars like F-bodies and mustangs. owners tend to be more responsible people. most owners are older to be able to afford such a car. C5 prices are coming down fast, there are now many many young owners on this forum, myself included. I drive my C5 very conservatively, you don't need to prove its fast, just enjoy the ride.
another factor in cost of ownership, a C5 gets much better fuel economy than a mustang. with todays prices, it really helps in keeping your wallet heavy to get 33mpg!
Buy the Vette and never regret it.
EBCTM/EBCM
column lock
oil pressure sender
fuel gauge
rear diff leak
harmonic balancers coming apart
etc.
depending on your definition of "expensive" none of these are too terribly expensive to either fix, or perform preventative maintenance on to prevent the problem.
insurance on a C5 is remarkably low. I expected it to be much higher than it actually is. there are 2 factors that I can think of
1) the car is a 2 seater, if you get into an accident, only 2 people can be hurt. a mustang's CD holder (rear seat) can technically allow the car to accommodate a total of 4 people, to insurance companies this means more money they might have to pay out = higher rates.
2) Corvette owners tend to be much safer drivers than owners of other main stream sports cars like F-bodies and mustangs. owners tend to be more responsible people. most owners are older to be able to afford such a car. C5 prices are coming down fast, there are now many many young owners on this forum, myself included. I drive my C5 very conservatively, you don't need to prove its fast, just enjoy the ride.
another factor in cost of ownership, a C5 gets much better fuel economy than a mustang. with todays prices, it really helps in keeping your wallet heavy to get 33mpg!
Buy the Vette and never regret it.
Your post is totally on point
Race Director
Joined: Apr 2007
Posts: 18,048
Likes: 53
From: long Island NY
I'm not sure of the rates in california,but pretty sure they arn't to far off from N.Y. I'm 36 with a clean license married the car is fully insured and I pay 1,800 dollars a year,which to me that is not bad. Here mustangs are not much cheaper and as for reliability I never had a problem except for a diff leak which was covered under warranty.Buy the vett anyone can own a mustang vetts are a perfect combo of performance quality value and you will always get more stairs
Team Owner
Joined: Jul 2006
Posts: 22,182
Likes: 4,178
From: Kannapolis NC
If you have to ask every week what other people's opinions are on what car you buy, you may not be ready for a Vette. Then you'll have to ask whether or not you want BSM's, runflats or not, color, vert or coupe or Z06. It can be endless. Find a car you want that you can afford and buy it. Why do you care what a Mustang mechanic thinks about what car you buy? Or even what we care for that matter. What do you want?
