I would avoid the C4 corvette and move on to a good C5. You will be happier with the performance. Avoid the 1997 (first year C5) because of fuel pump problems.
I've owned at different times a 1957, 1963, another 1963, and a 1998. My second 1963 was a stroker 383 with 600+ HP.
If I had a teenager and a Corvette, I simply wouldn't let him drive it, unless not until he REALLY demonstrated some maturity to make me think he could be trusted with it.
There is a oxymoron somewhere in there. Wrapped up in the terms teenager, Corvette and responsible.
BTW, my commuter car (a 1997 Nissan Sentra 1.6 liter) is capable of 120 mph. Why would I need a car that could go so fast?
I agree.