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POLL: Paying For Your C8

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  • POLL: Paying For Your C8

    Corvettes are a spendy item. How are you going to pay for your 2020+ mid engine?

    Notes: Posts are confidential; and, please vote for the single financing method you will be “most using.

    Following picture thanks to “Marshu.”

    Click image for larger version

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    50
    Taking out a traditional car loan
    24.00%
    12
    Leasing it
    2.00%
    1
    Trading in my Corvette (and/or other vehicles)
    28.00%
    14
    Selling stocks/bonds
    8.00%
    4
    Using my Corvette savings fund and/or liquidating CD’s
    32.00%
    16
    Borrowing against IRA/401K or similar
    0%
    0
    Using credit cards/transfers/similar
    2.00%
    1
    Winning the lottery
    4.00%
    2
    Taking out a second home mortgage
    0%
    0
    Selling some real estate
    0%
    0
    Last edited by John; 11-25-2018, 11:53 AM.
    GBA Black; HTO Twilight/Tension interior; Z51 & Mag Ride; E60 lift; 5VM visible carbon fiber package; 5ZZ high wing; FA5 interior vis CF; ZZ3 engine appearance; 3LT; Q8T Spectra Gray Tridents; J6N Edge Red Calipers; SNG Edge Red Hashmarks; VQK Splash Guards; RCC Edge Red engine cover; VJR illuminated sill plates. Lifetime, annual contributors, and 23 year members of National Corvette Museum. Home is the beautiful Pacific Northwest.

  • #2
    I'd hate to trade this in but that's what going to happen this time . The garage already has enough toys as I've heard many times & with anything else there won't be room to work on things . I do like doing that, either helping family/ friends or neighbors when asked, or maybe they just come over because I've got the most about of tools or just the beer .
    P.S. I'm in my means trying to brag , just meant that I've got a lot of tools ....
    Last edited by Ssscooter66; 11-25-2018, 12:23 PM. Reason: Wording as normal ...
    A thought if I might ...

    Comment


    • #3
      I’m using my stacks and stacks of cash
      3LT Long Beach Red , Z51, FE4 , ZZ3, Black interior ,38S red stitching, Q8T, FA5, ER1, CFX, and R8C

      Comment


      • #4
        Should be a multiple selection poll. I'll probably do a combination of 2 or 3 of the options.
        Delivered 5/29!: Scarlet Fever 2021 2LT HTC, Red Mist Metallic Tintcoat, two-tone Natural w/ suede inserts, Mag Ride, Performance Exhaust

        Gone but not forgotten: SunKissed, 2015 2LT, 7MT, Black over Daytona Sunrise Orange Metallic, Stingray convertible

        Proud member of the Old Dominion Corvette Club: https://www.olddominioncorvetteclub.org/

        Never grow up - It's a trap.

        Comment


        • #5
          Originally posted by Racer86 View Post
          I’m using my stacks and stacks of cash
          Can I be your friend ? Click image for larger version

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          A thought if I might ...

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          • #6
            I'll just go to my special closet, and pull out a few bundles.

            Click image for larger version

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            2020 C8 Corvette.D.O.B 2/03/2020
            Shadow Grey Metallic on Black
            2LT, Z51 + MRC. GT1 seats.
            Spectra Grey Tridents.
            Carbon flash mirrors and spoiler.

            Comment


            • #7
              Originally posted by Racer86 View Post
              I’m using my stacks and stacks of cash
              Bet you are surprised and have a couple of them still left over, able to be used for your Z06 or maybe even your ZORA.
              GBA Black; HTO Twilight/Tension interior; Z51 & Mag Ride; E60 lift; 5VM visible carbon fiber package; 5ZZ high wing; FA5 interior vis CF; ZZ3 engine appearance; 3LT; Q8T Spectra Gray Tridents; J6N Edge Red Calipers; SNG Edge Red Hashmarks; VQK Splash Guards; RCC Edge Red engine cover; VJR illuminated sill plates. Lifetime, annual contributors, and 23 year members of National Corvette Museum. Home is the beautiful Pacific Northwest.

              Comment


              • #8
                Originally posted by Bikerjulio View Post
                I'll just go to my special closet, and pull out a few bundles.

                Click image for larger version

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                Very cool picture. Thanks Bikerjulio. I know of one person whose stacks of money were in shoeboxes, with the boxes lined up like a very small shoe store. He took most of his shoe boxes down to a Chevy dealer and traded them for a new Z06.

                Robbers at our house would be very disappointed, for we have “none of the above.”
                GBA Black; HTO Twilight/Tension interior; Z51 & Mag Ride; E60 lift; 5VM visible carbon fiber package; 5ZZ high wing; FA5 interior vis CF; ZZ3 engine appearance; 3LT; Q8T Spectra Gray Tridents; J6N Edge Red Calipers; SNG Edge Red Hashmarks; VQK Splash Guards; RCC Edge Red engine cover; VJR illuminated sill plates. Lifetime, annual contributors, and 23 year members of National Corvette Museum. Home is the beautiful Pacific Northwest.

                Comment


                • #9
                  John, you left off an option for simply paying for it with available funds. No trading, selling or leasing.

                  Comment


                  • #10
                    Those funds have to be somewhere, e.g., your Corvette savings fund even if it is gold bullion or shoeboxes buried in your back yard.
                    GBA Black; HTO Twilight/Tension interior; Z51 & Mag Ride; E60 lift; 5VM visible carbon fiber package; 5ZZ high wing; FA5 interior vis CF; ZZ3 engine appearance; 3LT; Q8T Spectra Gray Tridents; J6N Edge Red Calipers; SNG Edge Red Hashmarks; VQK Splash Guards; RCC Edge Red engine cover; VJR illuminated sill plates. Lifetime, annual contributors, and 23 year members of National Corvette Museum. Home is the beautiful Pacific Northwest.

                    Comment


                    • #11
                      I'm gonna trade in my C7 and cover the rest with a maturing TIP as I mentioned in another thread:

                      My "C8 money" is in a 10 year US Treasury Inflation Protected Note (TIP) I bought at Treasury auction in 2010. It matures Jan 2020 at which time it will turn into a Corvette C8ME. Till then I will earn interest plus the inflation rate on the Note.

                      I could only vote for one item so I picked the selling stocks/bonds.

                      Comment


                      • #12
                        Originally posted by John View Post
                        Click image for larger version

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                        I was able to make a very realistic looking HD printout of that C-note so I'll run the printer for a bunch of them to cover the cost of the C8.

                        Comment


                        • #13
                          I got 1 year to find a rich widow. Hold my beer.

                          Comment


                          • #14
                            Originally posted by PaulChristian View Post
                            I got 1 year to find a rich widow. Hold my beer.
                            Yea, it only takes one Cougar to fund a C8
                            3LT Long Beach Red , Z51, FE4 , ZZ3, Black interior ,38S red stitching, Q8T, FA5, ER1, CFX, and R8C

                            Comment


                            • #15
                              Some of the female members of this forum were thinking the reverse, that you might sell your extra cars and buy a C8 for them.

                              I like your many year plan Boomer, and with the overage, you can buy some mods for your C8...
                              GBA Black; HTO Twilight/Tension interior; Z51 & Mag Ride; E60 lift; 5VM visible carbon fiber package; 5ZZ high wing; FA5 interior vis CF; ZZ3 engine appearance; 3LT; Q8T Spectra Gray Tridents; J6N Edge Red Calipers; SNG Edge Red Hashmarks; VQK Splash Guards; RCC Edge Red engine cover; VJR illuminated sill plates. Lifetime, annual contributors, and 23 year members of National Corvette Museum. Home is the beautiful Pacific Northwest.

                              Comment

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