20's too young for C7?
#1
20's too young for C7?
Generally, the average age of the buyers for Corvettes is in the 60's. Which creates the stereotype that it being a mid life crisis car. (Although the same could be said with Porsche/Mercedes/BMW,etc)
This generation of Corvette however, is really appealing to a young dude like me. The C7 has everything; the look, the interior, the tech, the power, the fun; all at a reasonable price.
Should a guy(like me) who is in his 20's buy a Corvette C7?
What are your thoughts?
This generation of Corvette however, is really appealing to a young dude like me. The C7 has everything; the look, the interior, the tech, the power, the fun; all at a reasonable price.
Should a guy(like me) who is in his 20's buy a Corvette C7?
What are your thoughts?
#4
Racer
But one thing for younger folks to take into concideration is that the cost of insuring these cars can be very expensive. Monthly insurance premiums can be more than the car payment itself when you are in your 20s. Just my .02 cents
#5
Melting Slicks
I purchased my first vette when I was 27, second vette at 32 and third and current vette at 46. I never even heard of the "mid life crisis" stigma of it until my 40's. If you like the car, buy it. I enjoyed every one I purchased and each one brought more fun into my life in more ways than one. Go for it!
#6
Drifting
I think the main reason mostly older fella's drive Corvettes aren't because the car ONLY appeals to them. Younger guys, that I know at least, love the Vette as well. The reason you rarely see younger guys drive around in them is simply because, younger guys can't afford them. Think about it. Younger guys will most likely not make as much money for one, have other expenses like mortgages, have children coming, if they don't have them already, are either newly married or just getting married etc. An older guy would probably be making more money at his current point in his career, assuming he's not retired, his mortgage is probably paid off, his kids probably grew up, got jobs of their own and moved out, now to start family's on their own. It's at that point where is it much easier and more responsible to indulge yourself in something like a Corvette. When you are relieved of many of your financial responsibilities. The car is like a reward to a lot of folks when all that is said and done. Let's face it, it would be financially irresponsible for most younger people, making an average salary, to buy a 2 seater, 60 thousand dollar car when he/she has young children to take care of and put through school, all the financial responsibilities that come with a new(er) home etc.
There are exceptions however. Some younger guys may be lucky enough to be in a position where they make enough money to cover all of their financial responsibilities, and have enough disposable income left to buy such a thing without it crippling you. Most young people don't make that kind of money, however.
With that being said, I'm 25 and still gonna try to get my hands on one lol. I make a decent salary and am saving my pennies for a nice hefty downpayment, AND have a nice cushion that won't be touched for the Vette. I probably would be able to buy one by fall, but am contemplating just waiting until Spring since I can't drive the car in the winter anyway.
There are exceptions however. Some younger guys may be lucky enough to be in a position where they make enough money to cover all of their financial responsibilities, and have enough disposable income left to buy such a thing without it crippling you. Most young people don't make that kind of money, however.
With that being said, I'm 25 and still gonna try to get my hands on one lol. I make a decent salary and am saving my pennies for a nice hefty downpayment, AND have a nice cushion that won't be touched for the Vette. I probably would be able to buy one by fall, but am contemplating just waiting until Spring since I can't drive the car in the winter anyway.
Last edited by Blackdevil77; 02-21-2014 at 06:34 AM.
#7
Older people buy them because they are expensive. If younger people could afford them they would buy as well.
I got my new C5 when I was 24. Sold it to get married and buy a house, took 10+ years to get into another one. Moral of the story - if it makes sense financially now, why wait?
I got my new C5 when I was 24. Sold it to get married and buy a house, took 10+ years to get into another one. Moral of the story - if it makes sense financially now, why wait?
#9
Melting Slicks
Generally, the average age of the buyers for Corvettes is in the 60's. Which creates the stereotype that it being a mid life crisis car. (Although the same could be said with Porsche/Mercedes/BMW,etc)
This generation of Corvette however, is really appealing to a young dude like me. The C7 has everything; the look, the interior, the tech, the power, the fun; all at a reasonable price.
Should a guy(like me) who is in his 20's buy a Corvette C7?
What are your thoughts?
This generation of Corvette however, is really appealing to a young dude like me. The C7 has everything; the look, the interior, the tech, the power, the fun; all at a reasonable price.
Should a guy(like me) who is in his 20's buy a Corvette C7?
What are your thoughts?
I was 24 when I bought my first Vette, sold a Z28 to move to the Vette. The Vette was a lot less to insure. Asked my agent about why that was. His answer made sense, not many 20 or 30 years olds driving vettes, so not many claims on them at all by those age groups. Z28, lots of 20 and 30 somethings driving them and lots of Claims.
#10
Race Director
20s, or any other age for that matter is Corvette appropriate. It's a matter of desire and affordability. I think the age demographics favoring older folks relates more to the affordability aspect. Certainly true in my case. Always lusted for a Corvette but could not handle the expense until later in life.
If you want it, got the bucks, buy it!
If you want it, got the bucks, buy it!
#11
I guess it depends on driving record and where you live. Insurance for me is 86 dollars a month which is 8 dollars more than my Ford Fiesta. I'm 25 so I wouldn't say its too expensive.
#13
Race Director
Age has little to do with it. It is whether or not you can afford it. I bought my first vette just a month after I turned 21 and haven't been without a corvette in over 41 years and counting now.
#15
Race Director
........... The Vette was a lot less to insure. Asked my agent about why that was. His answer made sense, not many 20 or 30 years olds driving vettes, so not many claims on them at all by those age groups. Z28, lots of 20 and 30 somethings driving them and lots of Claims.
#16
I bought my first vette about 2 weeks ago and I'm 23. As long as you got the deep pockets to afford it, then go for it. Anyone will tell you that life is too short. Go for it, you only live once.
#17
Le Mans Master
Member Since: Feb 2011
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St. Jude Donor '17, '19
If you like it that much, get it. Don't buy things based on what others think. If you like it, get it. But only if you can afford it. Don't kill yourself for a car.
That being said, I own a 1980 and can't wait to get a new one.
That being said, I own a 1980 and can't wait to get a new one.
#18
Melting Slicks
I've had a corvette since I was 23. A C4, C5, and C6. All used. I'm now 28 and just bought my C7. My first ever NEW car actually...
Of course In that time I also bought a house as well. If you can comfortably afford everything you need and still have enough to enjoy this car, DO IT! Your only on this Earth for so long. Enjoy Life.
Of course In that time I also bought a house as well. If you can comfortably afford everything you need and still have enough to enjoy this car, DO IT! Your only on this Earth for so long. Enjoy Life.
Last edited by ssidekickbp; 02-21-2014 at 07:57 AM.
#19
I'm not so sure about that. I'm my early 60's and I've already had a few dozen mid life crisis. I guess I'm an early bloomer. And bye the way, if you have as much fun with mid life crisis as I, you're in for a heck of a ride!
#20
That is the wrong question to ask. You should be asking yourself, "do I want it" and "can I afford it." If I has the right answer to "can I afford it" I'd have a 458 in my garage, not my C7.