172 problems have been reported for the 2002 Chevrolet Corvette. The following chart shows the 20 most common problems for 2002 Chevrolet Corvette. The number one most common problem is related to the vehicle's steering with 54 problems. The second most common problem is related to the vehicle's wheels (33 problems).
In our research we use the PPMY index to compare the reliability of vehicles. The PPMY index of a certain model is defined as the problems reported per thousand vehicles per Year. The total sales of the 2002 Chevrolet Corvette in the United States are 33,588 units [1]. If the total number of problems reported by Chevrolet Corvette owners in the last 23 years is 172, and the age of the vehicle is 23, the PPMY index can then be calculated as
PPMY Index = 172 / 33,588 / 23 * 1000 = 0.22.
For more information, refer to this page: A study of reliability comparison across Chevrolet Corvette model year vehicles.
The following chart shows the number of problems reported during each of the service years since the debut of the 2002 Chevrolet Corvette in 2002.
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When making the decision between buying a new or used Chevrolet Corvette, the following table can be used to compare the 2002 Chevrolet Corvette with the Chevrolet Corvette from other model years. Note that the number of problems reported for the 2002 Corvette is 172 while the average number of problems reported for the 30 model years of the Chevrolet Corvette is 185.