<VV> Corvette and Corvair sharing my driveway

Sethracer at aol.com Sethracer at aol.com
Sun Jun 17 23:59:27 EDT 2007


 
In a message dated 6/17/2007 9:42:14 AM Pacific Daylight Time,  
nicolcs at aol.com writes:

Without  having looked at any of the real numbers or equalizing for equipment
and  features, I'd say that the '07 Corvette is less affordable.  The  '54
would be paid-for in about 1/2 year of the average '54 salary where the  '07
might be a little more than a full year of the average '07  salary.  If one
were to equalize for equipment, it might be closer to  a wash.  I would get
really interesting if you factored in the total  ownership costs including
maintenance, depreciation, and insurance. A  complete analysis would be a
whole day's job.

Craig (numbers make me  happy!) Nicol




Well - in 1954 I was 7 years old and my yearly Salary was a pittance. Maybe  
50 cents a week allowance x 52 plus a bit at Christmas and my birthday. I  do 
much better today, into six figures. Of course, this is California money. I  
would have a problem trying to qualify to buy my own house,  today!  Even so, 
buying my 2005 Corvette wasn't too much of a  stretch. Something lost in this 
argument has been that the average guy didn't  buy a Corvette in 1954 - nor in 
2007. You have to want it. And that means a  chunk of change in 1954 or 2007. 
Insurance, maintenance? Pretty cheap,  actually. You can get a 2007 Corvette 
for under $40K right now. A member of my  local Corvair club just did that. 
I'll also bet the 54 Vettes were heading  out the door for a bit less than list 
price. (Especially those with 9 months on  the showroom floor). As to the 
Corvair in my driveway, I am much more  worried about running that car than the 
Corvette. If I smash it up I would have  a heck of a time finding that same car. 
But if I wrapped the Corvette around a  tree (and I survived) - I could just 
go down to Chevy and order another one!  <grin> - Seth Emerson



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