i want a 2005 corvette how much will i have to put down in order to get it?

nickwinston
0

Asked by Jan 30, 2013 at 12:24 PM about the 2005 Chevrolet Corvette Coupe

Question type: Shopping & Pricing

im 22 years old and i want a 2005 corvette yellow.
i really just want to know how much money i need to have before i can get it.

3 Answers

Depends on your credit score. If you have real good credit, one of the problems is banks don't usually finance cars more than 5 years old, and how much does the car cost? At age 22 you will probably have to produce half the cost. Or pay an obscene 8 or 9%. But let's go back, how much is the car?

1 out of 1 people think this is helpful.
Tom Demyan
180,125

Also get some free insurance rate quotes. You'd be surprised how expensive it will be at 22 to insure it.

Racer_X
22,185

Hmm? I'm guessing you spotted one for a decent price...You CAN get an '05 with decent miles (approx. 30k miles) for around $27-30k (at least in my area). There are lenders who specialize in financing older cars...6-7+ year old cars..Check this out: http://www.ehow.com/how_7860152_finance-older-cars.html However, your credit score, income, length of time at job, and down payment are ALL factors, You MAY need a co-signer also. Something told me to check Consumer Reports on the '05 model year Vette. Even though it was a "redesign" year for the Vette, there are several serious trouble spots on the '05: Transmission, Engine Cooling, Drive System as well as Minor Engine problems...The 2004 Vette (or the 2006) are better choices according to CR. Finally, your Insurance Payments will be insanely high at 22 years old!

Your Answer

Add photo

Related Questions

Corvette

Looking for a Used Corvette in your area?

CarGurus has 17,058 nationwide Corvette listings starting at $2,995.

ZIP:

Search Chevrolet Corvette Questions

Chevrolet Corvette Experts

#1 califcarson
califcarson
Reputation 1,720
#2 carGrrl
carGrrl
Reputation 1,230
#3 Tom Demyan
Tom Demyan
Reputation 1,050
View All

Related Models For Sale

Used Ford Mustang"
323 Great Deals out of 43,039 listings starting at $895
Used Porsche 911"
114 Great Deals out of 4,896 listings starting at $11,995
Used Dodge Charger"
311 Great Deals out of 29,275 listings starting at $3,200
Used Dodge Viper"
5 Great Deals out of 365 listings starting at $24,990
Used BMW M3"
27 Great Deals out of 1,027 listings starting at $4,021
Used Chevrolet Silverado 1500"
1,597 Great Deals out of 118,190 listings starting at $990
Used Mercedes-Benz SL-Class"
80 Great Deals out of 3,727 listings starting at $4,500
Used Ford F-150"
2,227 Great Deals out of 207,901 listings starting at $991
Used BMW 3 Series"
1,021 Great Deals out of 35,159 listings starting at $650
Used Porsche Boxster"
35 Great Deals out of 1,609 listings starting at $4,999

Used Cars For Sale

2016 Chevrolet Corvette For Sale
12 Great Deals out of 8,033 listings starting at $47,670
2015 Chevrolet Corvette For Sale
12 Great Deals out of 921 listings starting at $46,999
2014 Chevrolet Corvette For Sale
11 Great Deals out of 898 listings starting at $42,995
2013 Chevrolet Corvette For Sale
14 Great Deals out of 414 listings starting at $29,786