Corvette at 19?
Race Director
Joined: Mar 2008
Posts: 12,413
Likes: 502
From: Rio Rancho NM
If your dad has a gt it's a hair faster than a c5 so you will be be going slower but still a fun car. Definately check insurance. Also these cars are getting up there in age. Some of them are 16-17 years old so shop around
Thread Starter
Heel & Toe
Joined: Aug 2013
Posts: 16
Likes: 0
He has a v6, but it's fun to drive, just not "enough." I don't feel the kickback when I floor it. The torque isn't there. I really love mustangs, and looking at an 05 gt, buy at the same time, that 2000 c5 is calling my name. Just feels like either one I choose, I'll regret it.
Thread Starter
Heel & Toe
Joined: Aug 2013
Posts: 16
Likes: 0
He has a v6, but it's fun to drive, just not "enough." I don't feel the kickback when I floor it. The torque isn't there. I really love mustangs, and looking at an 05 gt, buy at the same time, that 2000 c5 is calling my name. Just feels like either one I choose, I'll regret it.
Intermediate
Joined: May 2013
Posts: 36
Likes: 0
From: Detroit Michigan
He has a v6, but it's fun to drive, just not "enough." I don't feel the kickback when I floor it. The torque isn't there. I really love mustangs, and looking at an 05 gt, buy at the same time, that 2000 c5 is calling my name. Just feels like either one I choose, I'll regret it.
Pro
Joined: Mar 2010
Posts: 691
Likes: 19
From: Los Angeles
I hate to be "that guy" but what about school? To me, there are more important things at your age than a car. I bought mine at 23 after i graduated college and got my first real job. I still lived like a broke college student at the time and the cash added up quick. I bought a used C5 with cash and put a down payment on a house all in the first year. Things seem to fall in place when you prioritize and a car should never be at the top of the list.
Thread Starter
Heel & Toe
Joined: Aug 2013
Posts: 16
Likes: 0
For school, I'm going to the local community college for PTA. 2 year degree, 1 year of pre reqs and one year of clinicals. Start off making 42k+ a year. I don't pln on having kids. I really just want the job to help fund me getting started into racing. That's what I really want to do.
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Former Vendor
Joined: Apr 2012
Posts: 9,270
Likes: 81
From: Riverside CA
St. Jude Donor '12
I got my first Vette at 19-20. I ended up getting rid of my 1991 because the engine blew thanks to a neighbor I let borrow the car. I could not afford to repair it.
Assuming you take care of the car it should last but be advised it can be expensive to repair Corvettes. They can break because nothing is a guarantee. Just replacing a clutch could cost $2000+ .
Can you afford a repair like that? If not I advise you to stay towards something newer and cheaper. I made significantly more than you do now and that was 11 years ago when money was worth more.
My insurance way back then was $160 for just me and one car with no issues on my driving record. In todays money I would expect well over $200 a month for just you.
My insurance now on all our stuff is $950 and it is absolutely a steal for what we are getting so don't expect your parents policy to help you much. Good luck with whatever you decide to do.
Assuming you take care of the car it should last but be advised it can be expensive to repair Corvettes. They can break because nothing is a guarantee. Just replacing a clutch could cost $2000+ .
Can you afford a repair like that? If not I advise you to stay towards something newer and cheaper. I made significantly more than you do now and that was 11 years ago when money was worth more.
My insurance way back then was $160 for just me and one car with no issues on my driving record. In todays money I would expect well over $200 a month for just you.
My insurance now on all our stuff is $950 and it is absolutely a steal for what we are getting so don't expect your parents policy to help you much. Good luck with whatever you decide to do.
Burning Brakes
Joined: May 2003
Posts: 970
Likes: 0
From: Montgomery AL
Someone touched on it earlier and we only point it out because you already have another car--get a Corvette Museum membership for $50 a year and get your insurance through them! Since the C5 is a collector car and not your daily driver you would qualify--insurance for my C5 and SL500 ran me $450 a YEAR 
At least call and get a quote: 877-678-7626
Ask for Adam Boca and let us know what he tells you...
As for tires, I had my C5 for 14 years and bought all my tires right here used (70-90% remaining) off the forum in the C5 "Parts for sale" section. There you can find really good deals on pretty much anything, including mods, you want for you C5.
At least call and get a quote: 877-678-7626
Ask for Adam Boca and let us know what he tells you...
As for tires, I had my C5 for 14 years and bought all my tires right here used (70-90% remaining) off the forum in the C5 "Parts for sale" section. There you can find really good deals on pretty much anything, including mods, you want for you C5.
Last edited by Valdostavetteguy; Aug 27, 2013 at 07:18 PM.
Intermediate
Joined: Aug 2012
Posts: 35
Likes: 1
From: Columbia, Missouri
You've been given all the best financial tips already. As for the Corvette or Mustang topic. I've had both, my previous car was a 2009 GT (pretty much the same as an 05), and I recommend the Corvette. Better gas mileage, better ride comfort, better handling, and more power.
Pro
Joined: Mar 2010
Posts: 691
Likes: 19
From: Los Angeles
For school, I'm going to the local community college for PTA. 2 year degree, 1 year of pre reqs and one year of clinicals. Start off making 42k+ a year. I don't pln on having kids. I really just want the job to help fund me getting started into racing. That's what I really want to do.