Owning a C7
Race Director
Joined: Aug 2010
Posts: 12,641
Likes: 464
From: Houston TX
Feasible? Yes. But at 20 it will be tough. Better be prepared for a lot down, high insurance rates and they'll try to take you for a high interest rate. Have you considered looking at a used 1LT '14 to start? You'll save a ton of cash and get your foot in the door easier to the Corvette community.
Do you have a girlfriend? If not, you will soon.
Do you have a girlfriend? If not, you will soon.
a good suggestion IMO...
Administrator
Joined: Mar 2001
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From: In a parallel universe. Currently own 2014 Stingray Coupe.
C7 of the Year - Modified Finalist 2021
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I'm going to play the dad here. I would be very hesitant at buying a car that's roughly equivalent to my yearly salary. For many of us, that would be the equivalent of purchasing a $150K - $200K car, which most wouldn't do. That's generally reserved for the guys making much more. Once you've built up a sufficient amount of money, spending your annual salary on a car doesn't take quite the hit. Keep in mind, just because you can afford something doesn't mean you should.
, but if you decide to proceed, just be sure you have checked what all the costs of owning that car will be (monthly payments, insurance, etc.).
Drifting
Joined: Sep 2008
Posts: 1,268
Likes: 21
From: Durham NC
My advice is to buy the C7 and get a vasectomy. You'll still come out ahead.
Last edited by Mr Guns; Jan 14, 2015 at 12:30 PM.
Racer
Joined: Mar 2012
Posts: 393
Likes: 17
I would say watch that Corvette video about the old man and his Corvette! That will send you running to the dealership!
Realistically though, even if you take the plunge and end up regretting it, you are so young that all that would do is become a great learning experience for next time. I would rather make stupid mistakes young (like I most assuredly did) than later in life. Just don't go knocking up some girl and you'll be fine.
Signed: A 46 year old.
Realistically though, even if you take the plunge and end up regretting it, you are so young that all that would do is become a great learning experience for next time. I would rather make stupid mistakes young (like I most assuredly did) than later in life. Just don't go knocking up some girl and you'll be fine.
Signed: A 46 year old.
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From: Concord NH
Racer
Joined: Mar 2014
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From: Marco Island FL
Go ask your mother!