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

Asked by nickwinston 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.

2 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?

2 people found this helpful.
47,745

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 992 nationwide Corvette listings starting at $19,500.

Postal Code:

CarGurus Experts

  • #1
    John Carson
    Reputation
    5,260
  • #2
    Vincent Parker
    Reputation
    4,750
  • #3
    dandyoun
    Reputation
    1,420
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Ford Mustang
49 Great Deals out of 1,268 listings starting at $4,995
Used Dodge Charger
36 Great Deals out of 614 listings starting at $4,888
Used Porsche 911
10 Great Deals out of 331 listings starting at $20,988
Used Ford F-150
299 Great Deals out of 15,725 listings starting at $1,712
Used BMW M3
7 Great Deals out of 99 listings starting at $15,995
Used Chevrolet Silverado 1500
171 Great Deals out of 5,940 listings starting at $3,995
Used Mercedes-Benz S-Class
15 Great Deals out of 224 listings starting at $8,887
Used BMW 3 Series
69 Great Deals out of 1,205 listings starting at $1,995

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. Content will be removed if CarGurus becomes aware that it violates our policies.