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Buying a Corvette - 10 Common Myths
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6. Insurance costs are outrageous!

It depends on certain circumstances. Sure it is costly if you are under 21 years old. And if you have had many prior claims against one's driving record. Always check in advance with your current insurance company. Don't buy the Corvette of your dreams only to find out later your annual premium is over $3,000.

There are specialty insurance companies that offer unbelievably low rates for a few modest conditions. If you plan on using it less than 2,500 miles annually, have an enclosed garage on your house, do not drive it to work, and are over 25 years old, these companies are worth taking a good look at. Check out my article "Alternative Insurance for Your Corvette" by clicking here.
7. Corvettes are expensive to fix and maintain
They can be expensive to repair if the major components are problematic. But this is true of any car, not just Corvettes. If you can handle simple maintenance like changing oil, rotating tires, and other simple tasks, then a Corvette can cost the same as any other sports car. All Corvettes use Chevy parts versus some exotic manufacturer and most basic repairs can be handled by a reputable and qualified mechanic.

Be forewarned, whenever a mechanic specializes in Corvette repairs only, it will cost more than the services of a general mechanic. As in all types of businesses, a specialist always charges more, because of his expertise in a given area. Sometimes you may have to bite the bullet and take it to a mechanic who specializes in Corvettes for tasks like a 4-wheel alignment, complex motor repairs, or other tasks that are not the norm.
8. The best time to buy a Corvette is in the fall or winter
At one time in the past this may have been true. But with the Internet, I do not notice any great difference in either prices or availability based on certain seasons. The web has made the Corvette market more expansive and easier for all to check out. Check back in the near future for my upcoming article "Selling and Buying a Corvette on the Internet." I have successfully sold a few Corvettes and what works may surprise you.
9. Southern and Western Corvettes are the best buys
Once again, this just is not accurate. Up here in Western Pennsylvania, the winters are horrible. Snow, cold temperatures, and salt on the roads exist from November till April. So most Corvette owners up here park them or store them away until nice weather returns in the spring. Their exteriors, interiors, and other components are protected half the year resulting in reduced wear for their years. And most of these Corvette owners do not even drive them in the rain!
10. Look for limited edition models only
Again be careful. A few examples to consider: How many ZR1 motors are available if you need one? What about parts for the 1,000 1996 Grand Sport C4's. Corvettes from the 1950's and 1960's have some very limited parts availability, which makes them very expensive. If looking for a fuel injection unit for your 1957, a set of knock off aluminum wheels for your 1967, or an original 396 cubic inch engine for your 1965 Corvette, be prepared to pay dearly if you are lucky enough to locate any of these rare pieces.

Models like the 1986 - 1995 C4's have great parts availability, are generally equipped with many options, and provide world class performance. Mid 1970's Corvettes can be found for under $10,000 and offer great looks, excellent handling and adequate performance for typical street driving. Corvettes from the 1960's that were modified and not considered original can be good finds too. Another benefit of choosing these more available models comes when it is time to sell. Many potential first time Corvette buyers find these to be a great entry point into the Corvette world because of their stated advantages.
Well that's just a few of the myths about buying a Corvette. Let me know your thoughts. Did I miss any? If so please pass them on. I will include them on this web site in a prompt manner. Many of you potential Corvette buyers may be surprised to discover that whenever buying a Corvette, using this common sense approach works well too just like any other major ticket item. Having patience, doing your homework, and staying unemotional can result in a great purchase. And as always, if I can be of assistance to any potential buyer, just drop me a line and I will do my best to assist.