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Old 03-12-2018, 07:37 PM
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Beny
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Originally Posted by C6KWJ


No don’t do this it is a terrible idea you lose compound interest on your gains for 6 years.... will cost you a fortune in gains.

Interest rates are dirt cheap
Right. There is no way I would ever touch my retirement account for anything other than an emergency. That's beyond irresponsible. Unless of course I had millions in it, and if so, we wouldn't be taking about a used 2010-2013 GS.
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Old 03-12-2018, 07:38 PM
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Originally Posted by C6KWJ


Yes you pay yourself back interest but you are losing market gains over the course of the loan. For example if market gained 12% you are losing significant money over the course of your 401K until you retire.



401k loans are essentially 401k-backed loans. Your 401k is untouched, but it is used as leverage (collateral?).

OP: I'm from SoCal, my credit union, Logix (formerly Lockheed Credit Union), gave me a 2.49% interest rate. But my loan was only 48 months. Mind you my car is over 10 years old, but low mileage. Highly recommend them.
Last edited by kevinjm; 03-12-2018 at 07:40 PM.
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Old 03-12-2018, 07:39 PM
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So how is this: 2009 z51 vert, like new , under 10k miles for $35k? Too high?
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Old 03-12-2018, 07:42 PM
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I'm seeing nationwide bank online has some pretty aggressive rates. Any experience with them?
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Old 03-12-2018, 07:54 PM
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Originally Posted by Beny
So how is this: 2009 z51 vert, like new , under 10k miles for $35k? Too high?
Yes too high for an 2009
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Old 03-12-2018, 07:57 PM
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Originally Posted by Beny
You read that I was looking at GS convertibles, right?
Originally Posted by Beny
So how is this: 2009 z51 vert, like new , under 10k miles for $35k? Too high?
That doesn't sound like a GS....
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Old 03-12-2018, 08:01 PM
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Originally Posted by R&L's C6
That doesn't sound like a GS....
You got me. Quite the sleuth you are.
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Old 03-12-2018, 08:12 PM
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Originally Posted by C6KWJ


Yes too high for an 2009
What would be considered reasonable?
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Old 03-12-2018, 08:20 PM
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Originally Posted by Beny
What would be considered reasonable?
At least 5k less, if not more.
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Old 03-12-2018, 08:20 PM
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Originally Posted by Beny
You got me. Quite the sleuth you are.
Not that hard. GS didn't start until 2010, and there's no such thing as a GS with Z51.
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Old 03-12-2018, 08:20 PM
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401K? As others have said; horrible advice.
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Old 03-12-2018, 08:24 PM
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Originally Posted by Corvette_Ed
Not that hard. GS didn't start until 2010, and there's no such thing as a GS with Z51.
I know its not a GS. I also know the difference between Z51 and a GS. I saw it and thought it looked pretty nice since its like new. However, I agree, it seems high.
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Old 03-12-2018, 08:27 PM
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Originally Posted by Corvette_Ed
At least 5k less, if not more.
Have you seen like new 2009 Z51 verts with under 10k miles for high $20s? (lately)
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Old 03-12-2018, 08:38 PM
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2008-09's with Z51 are a great value if you're not in love with the GrandpaSport package.

$35 sounds high, even with the low miles.
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Old 03-12-2018, 08:46 PM
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Originally Posted by 919cw313
2008-09's with Z51 are a great value if you're not in love with the GrandpaSport package.

$35 sounds high, even with the low miles.
I prefer the wide body and upgrades of the GS, but for the right price, wouldn't pass up a like new 09+ Z51 vert . Regardless, must be manual.

Any suggestions on where to look?
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Old 03-12-2018, 08:57 PM
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Autotrader.com
corvette world Dallas or Houston.
The grip to the road in a GS is intimidating to say the least. 285's up front and 345's in the back. When the car comes loose it is an absolute handful. Go with the GS and don't look back.
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Old 03-12-2018, 09:04 PM
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Originally Posted by 2012widebody
Autotrader.com
corvette world Dallas or Houston.
The grip to the road in a GS is intimidating to say the least. 285's up front and 345's in the back. When the car comes loose it is an absolute handful. Go with the GS and don't look back.
2011 Chevrolet Corvette Grand Sport Convertible 15k miles. $37991.

Jacksonville Mercedes. Seems that Carfax shows some previous electrical issues.

Pass on this one, right?
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Old 03-12-2018, 09:14 PM
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Originally Posted by 2012widebody
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corvette world Dallas or Houston.
Only C6 GS currently at corvette world are automatic.
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Old 03-12-2018, 09:18 PM
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Originally Posted by Beny
2011 Chevrolet Corvette Grand Sport Convertible 15k miles. $37991.

Jacksonville Mercedes. Seems that Carfax shows some previous electrical issues.

Pass on this one, right?
Yes, definitely pass.
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Old 03-12-2018, 09:24 PM
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Originally Posted by Corvette_Ed
Yes, definitely pass.
Sarchione Ford: 2012 GS 3LT, 1 owner, perfect Carfax, 13k miles. $40k.
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