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CHEVROLET GMC CORVETTE (2001)

Running costs, reliability data, and common problems from 42 real MOT tests.

Annual Cost

£2,757

£230/month

MOT Pass Rate

86%

Good

Road Tax

£760

Based on CC/year

Insurance

Grp 35-50

5665cc Petrol

Solid Option

86% pass rate, £2757/year to run. Close to the national average.

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Petrol5665cc25 years old42 tests61k miles avg

Annual Running Costs

Fuel (Petrol, 5665cc)

~30 mpg

£1,592
Road Tax

Based on 5665cc

£760
MOT Test
£55
Predicted Repairs
£350
Total per year£2,757
Per month£230/mo
Per week£53/wk

Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT data. Insurance not included.

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Reliability Verdict

86% MOT pass rate(Good)
0%National avg: 82%100%

Good reliability. Occasional issues but generally solid. That's close to the national average of 82%.

At 25 years old, 86% of CHEVROLET GMC CORVETTEs from 2001 passed their MOT first time in 2026. That's based on 42 tests across the UK. The average mileage at this age is 61,262 miles.

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How Does It Compare?

Rank among 2001 cars45th of 362(top 12%)
Rank among CHEVROLET GMC models13th of 26(top 50%)
vs national average+4%(82% avg)
vs 2001 cars average+13%(73% avg)
vs CHEVROLET GMC average+2%(84% avg)

Mileage Analysis

61,262

Average miles

vs

185,000

Expected for age

The average 2001 CHEVROLET GMC CORVETTE has 61,262 miles on the clock, which is significantly below the expected 185,000 miles for a 25-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.

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Best Year to Buy?

The most reliable year is the 1999 model with a 100% MOT pass rate, while the 1990 model has the lowest at 82%. The 2001 sits between the two at 86%.

CHEVROLET GMC CORVETTE by Year

YearPass RateTestsAvg Mileage
200792%3754,017 mi
200581%3240,378 mi
2004100%4445,595 mi
200297%3783,237 mi
200186%4261,262 mi
200098%5061,562 mi
1999100%6349,523 mi
199885%3377,944 mi
199176%3782,625 mi
199082%5768,066 mi

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About the 2001 CHEVROLET GMC CORVETTE

The 2001 CHEVROLET GMC CORVETTE is a performance with a 5665cc petrol engine. 42 of these vehicles were MOT tested in 2026, making it a rare model on UK roads. It ranks in the top 12% of all 2001 cars for reliability.

With an average of 61,262 miles at 25 years old, CHEVROLET GMC CORVETTE owners tend to use this car less than the typical driver. Very low mileage could mean the car has been garaged or used only for short trips, which can cause its own issues like battery drain and moisture buildup.

2001 CHEVROLET GMC CORVETTE Fuel Costs

The 5665cc petrol engine is on the larger side, so fuel won't be this car's strong point. Expect around 30 mpg in mixed driving, which works out to roughly £1,592 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).

What does it cost to own a 2001 CHEVROLET GMC CORVETTE?

Total estimated annual running cost is £2,757 230/month), broken down as £1592 fuel, £760 road tax, £55 MOT, and £350 predicted repairs. Repair costs are moderate, reflecting the 86% pass rate. Keeping on top of servicing will help avoid surprises.

CHEVROLET GMC CORVETTE Reliability Trend

Newer CHEVROLET GMC CORVETTEs show better MOT pass rates than older ones, with an average improvement of 17 percentage points.

Buying a Used 2001 CHEVROLET GMC CORVETTE

At 25 years old, the CHEVROLET GMC CORVETTE is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age. If you're flexible on year, the 1999 model has the highest pass rate at 100%. Note: with only 42 tests in our data, these figures should be treated as indicative rather than definitive.

Common Issues to Watch For

Based on the 2001 CHEVROLET GMC CORVETTE's fuel type, age, and engine size, these are the most likely problem areas to check.

Timing Chain / Belt

Watch out

At 25 years old, check whether the timing belt has been replaced (typically due every 5-7 years or 60,000-100,000 miles). A snapped belt can destroy the engine.

Oil Consumption

Medium risk

Larger petrol engines can develop higher oil consumption as they age. Check the oil level and look for blue smoke from the exhaust.

Rust and Corrosion

Watch out

At 10+ years, check wheel arches, sills, subframe, and brake lines for rust. Structural corrosion is an MOT failure. Prevention is far cheaper than repair.

Suspension Bushings

Watch out

Rubber suspension bushes harden and crack with age, causing knocking noises and vague handling. A full refresh costs £300-£800 depending on the car.

Service History

Low risk

Always request a full service history. Regular servicing is the single best indicator of how well a car has been maintained, regardless of mileage.

Running Costs Compared

How the 2001 CHEVROLET GMC CORVETTE stacks up against similar cars for annual running costs, insurance, and tax.

CarPass RateFuel/yrTax/yrInsuranceTotal/yr
CHEVROLET GMC CORVETTE(2001)86%£1592£760Grp 35-50£2757
MERCEDES CLK(2000)81%£1592£250Grp 35-50£2247-£510
ASTON MARTIN DB7(2001)89%£1592£250Grp 35-50£2247-£510
MERCEDES CL(2002)82%£1592£250Grp 35-50£2247-£510
MERCEDES UNCLASSIFIED(1999)78%£1592£250Grp 35-50£2397-£360

Estimates based on 7,400 miles/year, current fuel prices, and MOT data. Insurance groups are indicative. Actual costs vary by driver, location, and usage.

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