Quick intro/purchasing a C7 question
04-02-2017, 02:35 AM
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Quick intro/purchasing a C7 question
Hey everyone I'm a 23 year old guy and from an early age the Corvette has been my dream and passion when it comes to vehicles. I'm about to finish a medical program in Vascular Sonography starting off with no bills, under my parents roof because they love me and don't see why I should have to go pay rent somewhere, starting out making about $65,000 a year possibly a little less possibly more. My question to you is if I've had this passion and love for this beautiful car, wouldn't you say I'm completely justified to buy a new Vette for $55,000? Big down payment and sucking up the high insurance and maintenance costs? I just want some good advice on how to get this purchase made and how I can be the smartest about it. Thank you so much!
Jamie
Jamie
04-02-2017, 07:45 AM
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04-02-2017, 08:30 AM
#4
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good luck with your decision and welcome to the forum!
that said, maybe a year or two wait while you save some cash before you dive into a loan on your new Corvette would be prudent.
also, you should not have too worry about maintenance costs if you buy a new warranted car.
keep your insurance deductibles as high as you can afford
that said, maybe a year or two wait while you save some cash before you dive into a loan on your new Corvette would be prudent.
also, you should not have too worry about maintenance costs if you buy a new warranted car.
keep your insurance deductibles as high as you can afford
Last edited by gilhuly; 04-02-2017 at 08:33 AM.
04-02-2017, 09:15 AM
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I would wait a few years. Save some money and get out on your own first. IMHO
04-02-2017, 09:37 AM
#6
I'm 53 years old and I'm three years from retirement...That being said I have owned three Corvettes in my lifetime, all were used......Presently have two. A 73 convertible and a 91 ZR-1.....
I would not buy new...That's just me....To me if you search around these forums you will find Vettes that are very well maintained by passionate owners...Chevy produced a lot of Vettes over the past few years.....If you buy new, once the tires hit the pavement,value goes down a lot...
Your age and starting salary are benefits right now....Sounds like your off to a great start.....Keep everything in moderation now as far as Vettes...Like I said, I would search the forums , lots of good deals out there.....
I would not buy new...That's just me....To me if you search around these forums you will find Vettes that are very well maintained by passionate owners...Chevy produced a lot of Vettes over the past few years.....If you buy new, once the tires hit the pavement,value goes down a lot...
Your age and starting salary are benefits right now....Sounds like your off to a great start.....Keep everything in moderation now as far as Vettes...Like I said, I would search the forums , lots of good deals out there.....
04-02-2017, 10:01 AM
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I'm 53 years old and I'm three years from retirement...That being said I have owned three Corvettes in my lifetime, all were used......Presently have two. A 73 convertible and a 91 ZR-1.....
I would not buy new...That's just me....To me if you search around these forums you will find Vettes that are very well maintained by passionate owners...Chevy produced a lot of Vettes over the past few years.....If you buy new, once the tires hit the pavement,value goes down a lot...
Your age and starting salary are benefits right now....Sounds like your off to a great start.....Keep everything in moderation now as far as Vettes...Like I said, I would search the forums , lots of good deals out there.....
I would not buy new...That's just me....To me if you search around these forums you will find Vettes that are very well maintained by passionate owners...Chevy produced a lot of Vettes over the past few years.....If you buy new, once the tires hit the pavement,value goes down a lot...
Your age and starting salary are benefits right now....Sounds like your off to a great start.....Keep everything in moderation now as far as Vettes...Like I said, I would search the forums , lots of good deals out there.....
04-02-2017, 10:02 AM
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good luck with your decision and welcome to the forum!
that said, maybe a year or two wait while you save some cash before you dive into a loan on your new Corvette would be prudent.
also, you should not have too worry about maintenance costs if you buy a new warranted car.
keep your insurance deductibles as high as you can afford
that said, maybe a year or two wait while you save some cash before you dive into a loan on your new Corvette would be prudent.
also, you should not have too worry about maintenance costs if you buy a new warranted car.
keep your insurance deductibles as high as you can afford
04-02-2017, 10:05 AM
#10
Maintenance cost ain't high. I think I would buy used. Tell you the truth, I think I would buy a '04 Z06 waxer for about $25k cash.
04-02-2017, 01:02 PM
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04-02-2017, 08:06 PM
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Welcome. I tend to agree with the others - if you want a C7, find one that has barely been used and save a bunch of cash. Or, drop down to a C6 or C5 and save even more while still having a great car.