How much does a 2002 CHEVROLET GMC CORVETTE cost to run?

Estimated annual running cost is £2,607 (£217/month), including £1592 fuel, £760 road tax, £55 MOT, and £200 predicted repairs.

What is the MOT pass rate for a 2002 CHEVROLET GMC CORVETTE?

The 2002 CHEVROLET GMC CORVETTE has a 97% MOT pass rate based on 37 tests in 2026. This ranks 9 out of 403 cars from 2002.

Which year CHEVROLET GMC CORVETTE is most reliable?

The 1999 CHEVROLET GMC CORVETTE has the highest MOT pass rate at 100%. The least reliable year is 1990 at 82%.

CHEVROLET GMC CORVETTE (2002)

Q: Is the 2002 CHEVROLET GMC CORVETTE reliable?

Excellent reliability. Very few MOT failures. 97% of CHEVROLET GMC CORVETTEs from 2002 passed their MOT first time in 2026, based on 37 tests. That's 15 points above the national average of 82%.

Q: What is the average mileage for a 2002 CHEVROLET GMC CORVETTE?

The average mileage for a 2002 CHEVROLET GMC CORVETTE is 83,237 miles, which is significantly below the expected 177,600 miles for a 24-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.

Running costs, reliability data, and common problems from 37 real MOT tests.

Annual Cost

£2,607

£217/month

MOT Pass Rate

97%

Excellent

Road Tax

£760

Based on CC/year

Insurance

Grp 35-50

5665cc Petrol

Great Choice

97% pass rate, £2607/year to run. 15 points above average.

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Petrol5665cc24 years old37 tests83k miles avg

Annual Running Costs

Fuel (Petrol, 5665cc)

~30 mpg

£1,592

Road Tax

Based on 5665cc

£760

MOT Test

£55

Predicted Repairs

Low estimate due to excellent reliability

£200

Total per year£2,607

Per month£217/mo

Per week£50/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

97% MOT pass rate(Excellent)

0%National avg: 82%100%

Excellent reliability. Very few MOT failures. That's 15 points above the national average of 82%. It also outperforms the CHEVROLET GMC brand average of 84%.

At 24 years old, 97% of CHEVROLET GMC CORVETTEs from 2002 passed their MOT first time in 2026. That's based on 37 tests across the UK. The average mileage at this age is 83,237 miles.

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How Does It Compare?

Rank among 2002 cars9th of 403(top 2%)

Rank among CHEVROLET GMC models4th of 26(top 15%)

vs national average+15%(82% avg)

vs 2002 cars average+24%(73% avg)

vs CHEVROLET GMC average+13%(84% avg)

Mileage Analysis

83,237

Average miles

177,600

Expected for age

The average 2002 CHEVROLET GMC CORVETTE has 83,237 miles on the clock, which is significantly below the expected 177,600 miles for a 24-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 2002 sits between the two at 97%.

CHEVROLET GMC CORVETTE by Year

Year	Pass Rate	Tests	Avg Mileage
2007	92%	37	54,017 mi
2005	81%	32	40,378 mi
2004	100%	44	45,595 mi
2002	97%	37	83,237 mi
2001	86%	42	61,262 mi
2000	98%	50	61,562 mi
1999	100%	63	49,523 mi
1998	85%	33	77,944 mi
1991	76%	37	82,625 mi
1990	82%	57	68,066 mi

Similar Cars to Consider

MERCEDES SL

2004 · 5513cc Petrol

£2,247/year

88%

-9%

BENTLEY CONTINENTAL

2004 · 5996cc Petrol

£2,097/year

92%

-5%

MERCEDES CLK

2000 · 5439cc Petrol

£2,247/year

81%

-16%

ASTON MARTIN DB9

2004 · 5935cc Petrol

£2,097/year

91%

-6%

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About the 2002 CHEVROLET GMC CORVETTE

The 2002 CHEVROLET GMC CORVETTE is a performance with a 5665cc petrol engine. 37 of these vehicles were MOT tested in 2026, making it a rare model on UK roads. It ranks in the top 2% of all 2002 cars for reliability.

With an average of 83,237 miles at 24 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.

2002 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 2002 CHEVROLET GMC CORVETTE?

Total estimated annual running cost is £2,607 (£217/month), broken down as £1592 fuel, £760 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 97% pass rate. These cars rarely fail their MOT, so unexpected bills are less likely.

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 2002 CHEVROLET GMC CORVETTE

At 24 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 37 tests in our data, these figures should be treated as indicative rather than definitive.

Common Issues to Watch For

Based on the 2002 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 24 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.

Clutch Wear

Medium risk

With an average of 83k miles, clutch replacement may be due (typical lifespan 60,000-100,000 miles). Budget £400-£800 for a new clutch kit.

Brake Discs and Pads

Medium risk

High-mileage cars often need brake disc replacement, not just pads. A full set of discs and pads costs £200-£500 per axle.

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 2002 CHEVROLET GMC CORVETTE stacks up against similar cars for annual running costs, insurance, and tax.

Car	Pass Rate	Fuel/yr	Tax/yr	Insurance	Total/yr
CHEVROLET GMC CORVETTE(2002)	97%	£1592	£760	Grp 35-50	£2607
MERCEDES SL(2004)	88%	£1592	£250	Grp 35-50	£2247-£360
BENTLEY CONTINENTAL(2004)	92%	£1592	£250	Grp 35-50	£2097-£510
MERCEDES CLK(2000)	81%	£1592	£250	Grp 35-50	£2247-£360
ASTON MARTIN DB9(2004)	91%	£1592	£250	Grp 35-50	£2097-£510

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.