DANG2012

Looking to buy 2008 ls3 c6 corvette with 43044 miles for 31762 after taxes 36500. Dealer is giving me 8.24 APR for 84 months first time buyer. Should I pull a trigger

Esser

It's not terrible. If the car is every spec you want then go for it. When you're financing there never is a "great" deal, so just find the car you like.

Colonel

8% for 7 years....for a toy. OUCH!

My opinion is never finance toys.

ICEforLIFE

If you were my son I would say NO!
Not including taxes and fees and you just finance the $36,500 your total price for the car is $48k over 84 months!
you’ll be upside down and in a deep hole on this car before you know it
Any toy I buy I save for and pay cash only
that would be my advice

pewter99

no..

Kevin Mason

A seven year note at 8.24% on a sportscar that is pushing twenty years old?

Methinks - not.

DANG2012

They also gave me a 7.99 Apr still high. But i plan on paying more than the monthly payment i do have a full time job. But im not too sure about this thats why im seeking advice. Also the car is out of my state.

dmuellenberg

Just an FYI - this forum is for the C6 Z06 and ZR1, not the base C6. You may have a better response in the general forum.

JABCAT

Short answer - No. that's a horrible deal.

WasVette

No, please do not do that

VetteVinnie

If you are stretched so thin financially that you need to finance a ~16 year old car for 7 years, then how on Earth are you going to be able to pay for maintenance on that thing? Nothing is cheap on these cars, and that's assuming you can even find the parts. In four years, that car will be 20 years old, and you'll still be paying on it. There's no way I'd do it. I would recommend you save up more cash so you're not throwing so much money away on interest.

yeller z06

Ditto. Aside from the fact that you are not getting a particularly great price on the car to start with, you're also not getting a great interest rate.

That said, everyone has to start somewhere. As you build up your credit history, you'll get better interest rates. The Corvette is not a bad car to start with, it gets decent gas mileage and isn't terribly expensive to maintain, but you should definitely do some research first.

Specifically:

- price a new set of tires
- get insurance quotes
- depending on the transmission you are getting, price a new clutch job or an automatic service (transmission oil change)
- price a brake job

Then see if you can still afford it.

Best of luck.

Dreamer2

You can do better. Forum members offer better deals than the dealer. Keep an eye out for something nice on here privately.

09Z06pj

Please follow the advice most have given you here and don't do it. They're asking too much money for the car to begin with and the financing makes it much worse. It is not a good deal and in the long run, you'll regret it.

KennyPowers

Thats almost z06 $$ .. you can find base c6 on facebook marketplace all day for $20-25K