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Just because you can afford something doesn't mean it's a good idea. The inherent lack of maturity in seventeen year olds, and the power in a C5 could be a troublesome combination.
I got a few quotes and the cheapest was 340/mo with me as primary driver, If I were to get one it'd be in my dads name and me as a secondary driver and I would just pay him monthly for the insurance cost
$340 is significantly more than what I pay to fully insure my '02 a YEAR. What does that mean, it means teenagers don't typically do well with high performance RWD cars.
Here's some advice - get a Civic or some other beater, drive it for a a few years, then get a Vette as a secondary driver. You're not going to want to daily drive a Corvette anyway in the weather - it's no fun.
I've put 42,000 on my daily driver '04 in 5 years = 8400 miles a year.
During that time, I spent $930 a year on maintenance, including a battery, two belts, alignments, front & rear brakes with two rotors, and two tire changes (Mich PS AS/ZP and just recently, Nitto NT555.)
Oh, and my State Farm insurance is about $37 a month, (although I'm significantly older than 17.)
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Getting his dad to read these forum responces would be beneficial....but not likely. So for my own safety I want to know where and when this owner/driver combo hits the road...
I went to a high performance driving school for a week already just incase I end up getting one, I REALLY REALLY want one, I've wanted a c5 since I was 11.
From: The heartbreaking shame of pink stars Kentucky
1. You're too young for anything more powerful than a malaise-era Vette.
(sorry, it used to chap my *** to hear this, too.)
2. Two oil changes, rotate & balance, alignment, in a "normal" year: $300 +/-. Then every second or third year, tires; maybe brakes.
3. It ain't the planned annual cost that hurts, it's the unplanned stuff that'll getcha.
$4000/yr for insurance? I never paid that much for the car until I was 25! (sorry, senior moment there )
Ahhh..:.yep. 17 with a Vette. someone needs a reality check. Sorry.... Just the way it is IMHO. I don't think there are too many 17 year olds out there with the experience and maturity to handle a Vette. Sorry....but do yourself a favor and give it some time.
I know you don't want to hear what everyone is saying but its true. Take it from me, I'm 22 and just recently got a c5 and can tell you it wouldn't have worked if I had at 17. I assume you plan on going to college and I can tell you it will be extremely time consuming trying to keep it nice while living on campus. Having a cheap beater car is a great thing but the kicker is you won't really appreciate one until you have something really nice.
As far as the driving school goes, its a good start but there is no substitute for a couple of years driving on the roads and seeing how crazy others will drive around you. Somehow in a bright red vette, I've had more people almost run into me than any other car I've driven.
I just want to pitch in my .02 here......I got my 1974 4 speed L-82 when I was 15. From then until now I have enjoyed fully restoring it one part at a time and driving it.
Now I realize that the C5 is in every way better than my car, but it is also a new car. Fuel injection, actually has weather stripping and interior insulation, has AC, modern everything. ALL of my friends have a pre 1990 vehicle. In my friend group - 1974 Monte Carlo, 1972 550 HP 5 speed Nova, 1984 C30 454, 1968 Road runner 383 4 speed, plus many more. All of these are old vehicles, and we treat them with respect and well know their limits. We have had no incidents, even though trust me we use our cars....
Personally, I'd say the C5 is the SAFER bet, and not at all a hard car to handle if you arent a complete Jacka$$.
I say go for it and get yourself a Corvette! Never will you have a better car.
What is this about the ebcm failing? How often does it happen? Is it worth the risk? I did some research and found that they can't fix any of them pre '01
I bought my car this year. I have spent about 2600 total on maintenance. 1800 of that came from getting the clutch and hydraulics replaced. I am a stickler for maintenance, and I don't trust the previous owners unless I have receipts.
The other 800 includes:
All fluid changes (clutch/brake/diff/transmission/oil/coolant)
New Filters
New Plugs and wires
New Belts
AC fix
Common issue fixes (rocking seat, column lock bypass, etc)
Alignment
Tire patch
That being said, the 800 that I spent on the vette costs almost 3k to get my M3 up to date completely on maintenance. I am still glad that I had the money available. I was way ahead of my budget until the clutch started going out.
BTW, I'm 24. Your insurance will go down significantly between your age and mine. I pay 80/month for full coverage with a good driving record. FWIW, I am glad I didn't start out with a vette. I probably wouldn't be here still. I went from a station wagon->Eclipse->m3->corvette. I used to drive like a bat out of hell. The corvette is way too strong for that, especially starting unexperienced.
Last edited by Raiku898; Oct 16, 2012 at 03:39 PM.
Does anyone have information on the EBCM's failing? That's the only thing I'm kind of scared of. How often does it happen on '97- '00 models??? I don't want to spend the extra few g's for a '01 +