8th Jun 2009, 22:37
It's quite possible to find these with low mileage and well cared-for. In fact, it's the only way to buy them really. Especially if you can get a good price (which you should -- unfortunately these do depreciate just like other cars, well most of them do at least). As for the insurance, at the reviewer's age, it's probably high, but not impossible. It's not as though the car's a 2006 Vette for example. That would be REALLY high. The age of this car (low mileage notwithstanding) offsets some of it, with the overall value being lower, etc. Also it depends on the insurance company and the sort of coverage one has as well. Not everyone opts for primo coverage at a top-name insurance company, especially with an older car. Bare minimum to get you legally on the road, is obviously cheapest, but much more risky in the event of accidents, etc..
9th Nov 2011, 15:56
The trick to insuring your teen driver in a C4 Corvette:
You need to have a clean driving record for the last 5 years at least.
You need to ask for the highest deductible (in my case I asked for $2500).
You need to ask for the lowest coverage allowable in your state.
I did all of these things, and we insure a 1999 Cougar and a 1985 Corvette, with 2 teen drivers (19 and 17).
Our 6 month premium is $1200.
I do have to say though, that we are good safe drivers and we do FULL STOPS at stop signs, and we follow ALL traffic rules. We don't BS with driving rules.
Now all we have to worry about is the other guy.
Tony
Brick, NJ.
4th Aug 2004, 09:08
It's very common to find low miles Corvettes. I bought my 91 in 1998 with 48K, I then bought my 92 ZR-1 in 2001 with 14490 miles in the 3 years I've owned it I put on 9000 miles so now it has 23490 and is 12 years old. I have seen ZR-1's for sale with 600 miles. Finding a 10 to 15 year old Corvette with less than 50k miles is not any kind of special trick.