"Show Me The Money!"

Classic Corvette ownership has one very amazing advantage: do it right, and owning / driving the greatest sports car produced in America is free.

How this is possible is based on the simple theory that a desirable work of art, for which the demand exceeds the supply, will appreciate. Do a good job of purchasing the right car and make good choices during your ownership and the asset will climb in value.

There are some rules that must be followed to attain this automotive enthusiast nirvana. To start with, driving is limited as a lot of miles added will detract from the value, both in terms of overall miles and the wear and tear that accompanies heavy usage. You also must maintain it such that as the years go by, the condition is at least preserved or improved upon.

Those with a business background may argue the point. They'll point out that there are many costs that are often ignored such as storage, taxes and labor. All valid points of course, but it is still possible to own a very special automobile and come out a $$ winner.

With all that as a background, I'll be keeping a blog of the expenses incurred in the course of owning a 1968 Corvette convertible

Fuel Cost
I've kept a log of every fill-up, at least those after the odometer was repaired; it wouldn't have made sense to record them with the odometer not functioning. As of December 21, 2024 I've driven it 22,078 miles. The overall fuel economy is 15.96 MPG. There have been 143 fill ups. With a total fuel cost of $6,890.66, the average gasoline cost is $4.12 per gallon. All fill-ups have been with 91 octane gasoline, the highest grade available in California.