Here’s something new I’m going to try. I cruise the Craiglist cars+trucks section often, just seeing what’s out there for sale. Sometimes I like to look for a fun sports car, other times I like to see what crazy stuff people are trying to sell, and maybe I’ll look for a nice dependable daily to suggest to someone. I thought it would be fun to share my Craiglist adventures (not those kind) with the world to show everyone what’s out there and why they should buy it (or not).
For the first ever “Friday Craigslist Finds,” I figured I would start off with a nice performance bargain, and something I’ve always wanted to own. Problem is I’d probably like to own every vehicle I write about, but I’ll probably never own any of them. Today I was just really feeling the C5 Corvette.
Just like it’s cheap plastic interior, the value of these cars has crumbled over the years. It’s easy to find an example for $10,000-$15,000 depending on the condition and your location. With an original base sticker of $40,000 in 1999, or around $58,000 in 2016 dollars, it could certainly be worse off in the depreciation department.
The low price doesn’t mean there’s anything major wrong with the C5 Corvette. Of course newer models are better, and the interior is typical 90’s Chevy, but it’s hard to find anything with comparable performance for the same price. with a reliable 345hp powerplant under the hood and a great chassis to back it up, the C5 is really one of the best performance bargains on the market right now.
Of course the Corvette is not safe from stereotypes, most people will either expect you to be a huge douche or a 90 year old man if you own this car. I’d say those assumptions are a small price to pay for what you’re getting.
Right now on my local Craigslist, there’s a bright red C5 with 113,000 miles for only $9,000. That’s less than ten grand for a rear wheel drive V8 performance coupe who’s name is known by every living thing on this earth.
You can either buy a newer used Kia econobox, or you could own an American performance Icon. This one is not without it’s potential issues, it was originally an automatic but now has a 6-speed gearbox along with some other performance modifications. If everything is done correctly this will definitely add to the bargain factor. I wouldn’t call this a “project,” but any car you buy that has major swapped parts can become a nightmare if things weren’t done correctly. Just put on your mechanic hat when you go to inspect it, you should be able to spot any issues if you do your research.
And to continue this cost bargain adventure, the C5 Corvette isn’t even that bad to maintain. The drivetrain is extremely reliable and though some parts are a bit pricey, they’re still significantly cheaper than most performance vehicles.
So what are you waiting for? Hell, what am I waiting for? Buy a Corvette C5 today and enjoy a bit of All-American performance. Just don’t go crashing it into a ditch like one of these fools.