I did not say they are cheap but they are depreciating now in their 5th year.Where are all these cheap used C8 vettes hiding?The C8's are really a very different experience and currently have much higher costs for depreciation. The lack of a manual transmission and the extra electronics make for a faster car that is less engaging in some ways.OK. I'll talk you OUT of buying it. For your interests and wealth, get a brand new Corvette! The latest ones look like a proper super car at the price of a Chevy Suburban (~ $80K).Age: 43, married (happily!), two kids (4 and 2). Family income of 280k/yr, family expenses 80k/yr, and family net worth of 1.5M (300k real estate, 400k taxable). Pensions of roughly 100k, indexed to inflation.
A few days back I saw a red 2010 C6 Corvette for sale in a driveway on a country road and thought it was absolutely beautiful. I talked to the owner and they are the second owners and have all maintenance records. I ran the VIN through a few online services and the car comes back clean, as best I can tell. Six speed manual, 3LT package 48k miles, asking 30k. The owner volunteered that the price was negotiable without me asking.
Reading more about C6s, they seem to be quite reliable and after a few years, don't depreciate all that much. I live in snow country, so realistically I would probably only drive the car six months out of the year. I don't have any other "toys" other than a $2000 laptop - no boats, second houses, etc.
I called our insurance company and said full coverage would be $66/month to add the C6. If I get more serious about the purchase I will pay to have a mechanic inspect the vehicle first. My wife is surprisingly open to the purchase and we have a three car garage so I don't think I'd have to pay for storage. I would also probably purchase a car cover and a new head unit that is Android auto/Apple Carplay compatible.
So: what am I missing? I've looked around at other options such as the Miata, Mustang Ecoboost, BMW Z4, Mercedes SLK 350, Jaguar F-Type, and all of them seem to have good arguments in their favor as well. I like the C6 better than the above options but I have to admit I'm a little wary of the Corvette stigma, even if I don't fit the stereotype.
You can now get a C8 for maybe $5-$10K off MSRP dependent upon price and where you shop the car.
Was talking to a gm employee that was going to trade in his 5k mile loaded out 2023 c8 (over $100k new) for a new truck but the local Chevy dealer was going to give him $62k trade
Statistics: Posted by Carguy85 — Fri Jun 07, 2024 5:15 pm