Average insurance rates for a 2002 Chevrolet Corvette are $926 a year including full coverage. Comprehensive insurance costs on average $230 each year, collision costs $292, and liability costs $294. Buying a liability-only policy costs as little as $338 a year, with high-risk insurance costing $1,966 or more.
In respect to this, Is a 2002 Corvette a good car?
Yes, the Corvette is an outstanding sports car and competes favorably with the best in the world. With more than 400 horsepower, the 2002 Z06 lands the Corvette in some very exclusive territory populated by the likes of Ferrari, Porsche and Lamborghini — not bad considering that it sells for less than $50K.
Furthermore, Are Corvettes expensive to repair?
The annual maintenance cost of a Chevrolet Corvette is $737. Repair and maintenance costs vary depending on age, mileage, location and shop.
Additionally, How much is insurance on a 2021 Corvette?
2021 Corvette Convertible Stingray 2dr Convertible w/2LT (6.2L 8cyl 8AM)
| Year 1 | Total | |
|---|---|---|
| Insurance | $1,595 | $8,553 |
| Maintenance | $250 | $5,311 |
| Repairs | $0 | $1,561 |
| Taxes & Fees | $5,653 | $7,075 |
Do Corvettes have high insurance? On average, the cost to insure a Chevrolet Corvette is $4,783 per year. Insurance rates will vary based on model year and vehicle value. … Expensive trim options may result in higher insurance rates because they’re more expensive to replace after a covered incident.
16 Related Questions Answers Found
Does a 2002 Corvette convertible have a trunk?
Other changes for the 2002 model year include revised rear shock valving, new high-performance front brake pads, cast aluminum wheels and standard head-up display (HUD) for the Z06. … The Coupe’s rear window opens like a hatchback, while the Z06 and the convertible have actual trunks.
How much was a 2002 Corvette brand new?
Corvette Trims
| Coupe | Original MSRP / Price | City MPG / Hwy MPG |
|---|---|---|
| Corvette 2dr Cpe | $41,680 / N/A | 18 / 25 |
| Corvette 2dr Z06 Hardtop | $50,430 / N/A | N/A |
What is a C5 Corvette?
The Chevrolet Corvette (C5) is the fifth generation of the Chevrolet Corvette sports car, produced by the Chevrolet division of General Motors for the 1997 through 2004 model years. Production variants include the high performance Z06.
What is the best year used Corvette to buy?
Which Are the Best Used Corvettes to Buy?
- 1987 Chevrolet Corvette. 1987 Chevrolet Corvette takes the top place among affordable and classic used Corvettes for sale in KY. …
- 2010 Chevrolet Corvette ZR1. …
- 2011 Corvette Z06. …
- 2016 Chevy Corvette Stingray Z51. …
- 2017 Chevy Corvette Grand Sport. …
- 2018 Chevy Corvette Grand Sport.
What year Corvettes should you stay away from?
According to CorvetteForum.com, you’ll find that the 10 worst years were the debut year (1953), 1958, 1975, 1979, 1980, 1982, 1987, 1988, 1995, and 1998. That means that anything from the more current years seems like a lock.
Do Corvettes break down a lot?
So, to answer the ultimate question: do Corvettes break down a lot? While this varies for each individual vehicle, the answer is no, not really. Corvettes have a reputation for breaking down often and being expensive to maintain but looking at the history it seems that this issue is not unique to Corvettes.
How long does a Corvette engine last?
The lifespan expectations for Chevy Corvettes
According to Motor and Wheels, owners can expect their new Corvette to last for 150,000 to 200,000 miles. For most drivers, that’s probably about 10 to 13 years minimum.
Are Corvettes reliable?
The Chevrolet Corvette Reliability Rating is 3.0 out of 5.0, which ranks it 23rd out of 24 for midsize cars. The average annual repair cost is $737 which means it has average ownership costs. While the severity of repairs is high, the number of those issues is low, so major repairs are infrequent for the Corvette.
Can I order a 2021 Corvette?
To that end, General Motors has stopped accepting orders for the 2021 Corvette last month. “Due to an overwhelming demand for the 2021 Chevrolet Corvette Stingray, Chevrolet has decided to stop taking sold orders on March 25th, 2021,” the automaker said in a prepared statement.
How much is insurance on a Corvette for a 20 year old?
How much does Corvette insurance cost?
| Driver Age | Deductible | Annual Cost |
|---|---|---|
| 20 | $500 | $3,856 |
| $250 | $4,620 | |
| 30 | $1,000 | $1,684 |
| $500 | $2,084 |
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How fast is a 2002 Corvette convertible?
By comparison, the fastest recorded times for the ZR-1 were 0-60 mph in 4.5 seconds and the quarter mile in 12.8 seconds at 111 mph .
…
2002 Corvette Specifications.
| Acceleration | 405 hp, 6-speed manual |
|---|---|
| 0-100 mph , sed | 9.85 |
| 1/4-mile, sec @ mph | 12.77 @ 113.65 |
What is the top speed of a 2002 Corvette?
With 339 hp, the naturally aspirated 5.7 Liter 16v V8 gasoline engine accelerates this Corvette to 62 mph in 4.7 seconds and on to a maximum speed of 170 mph.
How much is a 2000 Corvette worth?
2000 Chevrolet Corvette Value – $2,939-$10,013 | Edmunds.
How much is a 2002 Chevy Malibu worth?
2002 Chevrolet Malibu Value – $319-$1,922 | Edmunds.
What is a 2003 Corvette worth?
2003 Chevrolet Corvette Value – $5,236-$16,009 | Edmunds.
What problems do C5 Corvettes have?
Here, Southern Car Parts will explore four common problems you might be experiencing with your C5 Corvette that we can help you fix: climate control problems, electrical problems, power seat problems and automatic transmission problems.
Is it worth buying a C5 Corvette?
But with a median #2 value still at $21,300, the C5 is still a heck of a lot of car for the money, with room to grow. At only a few grand more than a good C4, it’s a better value than the earlier car, even after prices started to rise.
What Corvette should I not buy?
These Are The 5 Worst Corvettes Money Can Buy (And 5 That Are Beyond Awesome)
- 4 Worst: 1980 California 305 Corvette.
- 5 Best: Chevrolet Corvette C8. …
- 6 Worst: 1979 L48 Corvette. …
- 7 Best: 1969 Chevrolet Corvette ZL1. …
- 8 Worst: 1975 Corvette Base Model. …
- 9 Best: 1967 Chevrolet Corvette L88. …
- 10 Worst: 1953 Corvette. …
Which generation of Corvette is the best?
According to the masses, the C6 is the best modern Corvette and I would agree—after all, the C6 of course brought us the 7.0-litre LS7 V8, the holy grail of LS engines. It was also the first Corvette since 1962 to have fixed headlights.
What is the most sought after Corvette?
Chevy offered plenty of special editions throughout the C6’s run on everything from base cars to Z06s and Grand Sports, but the most valuable of all are the 138 ZR1s equipped with the 60th Anniversary Design Package.
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