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CHEVROLET CORVETTE
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Convertible, over $29,000
Chevrolet Corvette
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| It was a photo finish in the high-end convertible segment, with the Chevrolet Corvette, Toyota Camry Solara, and the BMW Z4 all having a justifiable claim to be #1. The Z4 is best for with low annual mileage, and the Solara is tops for high mileage drivers. But the Corvette takes the award due to its consistent performance for the typical, mid-range mileage driver. |
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| 2007 Chevrolet Corvette Base 2D Convertible* |
| Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
| Depreciation: |
$13,938 |
$3,452 |
$3,154 |
$3,069 |
$2,983 |
$26,596 |
| Fees & Taxes : |
3008 |
153 |
152 |
137 |
138 |
$3,588 |
| Finance: |
3051 |
2459 |
1824 |
1144 |
414 |
$8,892 |
| Fuel: |
1776 |
1839 |
1904 |
1972 |
2042 |
$9,533 |
| Insurance: |
2129 |
2140 |
2150 |
2161 |
2172 |
$10,752 |
| Maintenance: |
94 |
94 |
212 |
2412 |
212 |
$3,024 |
| Opportunity Cost: |
716 |
1068 |
1414 |
1886 |
2295 |
$7,379 |
| Repairs: |
0 |
0 |
186 |
310 |
310 |
$806 |
| Total |
$24,713 |
$11,205 |
$10,997 |
$13,091 |
$10,568 |
$70,570 |
| *The data displayed here is for the specific model and trim identified. The award is based on an average of all trims combined as of January, 2007. |
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