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The early C4's had their problems, what with the 1984 Cross-Fire Injection and its unusual 4+3 manual transmission. By the late 1980's, the fourth-generation Corvette had evolved into a more desirable automobile, thanks in part to the arrival of the ZR-1. 
Built from 1997 until 2004, the C5 Corvette is considered one of the most reliable. Given its increasing affordability, the C5 offers a lot of power and performance at great value. How its maintained and cared for can dramatically affect the overall quality.