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

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

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 people found this helpful.
286,815

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

28,205

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

Corvette

Looking for a Used Corvette in your area?

CarGurus has 15,294 nationwide Corvette listings starting at $3,900.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Chevrolet Corvette Experts

  • #1
    John Carson
    Reputation
    2,760
  • #2
    Vincent Parker
    Reputation
    1,960
  • #3
    Tom Demyan
    Reputation
    1,560
View All

Related Models For Sale

Used Ford Mustang
253 Great Deals out of 36,722 listings starting at $2,500
Used Porsche 911
71 Great Deals out of 4,965 listings starting at $12,495
Used Dodge Charger
247 Great Deals out of 32,815 listings starting at $2,000
Used Dodge Viper
3 Great Deals out of 243 listings starting at $29,000
Used Chevrolet Silverado 1500
1,758 Great Deals out of 149,163 listings starting at $444
Used Ford F-150
2,293 Great Deals out of 215,203 listings starting at $1,300
Used BMW 6 Series
56 Great Deals out of 2,536 listings starting at $5,085
Used Mercedes-Benz SL-Class
56 Great Deals out of 3,087 listings starting at $3,500
Used Ford Mustang SVT Cobra
4 Great Deals out of 226 listings starting at $5,977

Used Cars For Sale

2018 Chevrolet Corvette For Sale
7 Great Deals out of 2,205 listings starting at $47,962
2017 Chevrolet Corvette For Sale
14 Great Deals out of 2,812 listings starting at $43,625
2016 Chevrolet Corvette For Sale
7 Great Deals out of 826 listings starting at $38,900
2015 Chevrolet Corvette For Sale
4 Great Deals out of 611 listings starting at $31,000
2014 Chevrolet Corvette For Sale
3 Great Deals out of 598 listings starting at $28,950

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.