There is more to consider in terms of expense when you are thinking about purchasing a classic corvette than the price tag. As with any other major vehicle purchase, there are several other items that must be considered when analyzing if a classic car can fit into your budget. With these collectors items, it is important to remember that the traditional vehicle expenses can be a lot more on a collector item.
Insurance: Insurance on a classic corvette is going to be a lot more pricy than on a regular vehicle. The car will not come with devices considered safety standards in the industry today, and the price of the insurance will reflect that. Custom classic cars are also ripe targets for auto theft, as they are not compatible with anti-theft devices. This too will be reflected in the insurance costs. Auto insurers know that owners of classic cars are only going to insure their vehicles for driving during the good seasons, and seasonal insurance carries rates reflecting this reality.
Safety: As touched on above, there are many safety features that are taken for granted in the modern car that are not available in a classic corvette. No corvette comes with air bags,...
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