Advice - 02 Corvette Z06
Discussion
Hi chaps
I've not owned a yank for a long time - in fact the last one i had was a C1500 pickup
but i fancy something different and spotted a nice Corvette Z06 Hardtop at just 15,000 miles and at just under £25k
what am i letting myself in for - it will only be a toy / weekend car - is that a good price and what the resell price likely to be in 12 months ?
cheers !
I've not owned a yank for a long time - in fact the last one i had was a C1500 pickup
but i fancy something different and spotted a nice Corvette Z06 Hardtop at just 15,000 miles and at just under £25k
what am i letting myself in for - it will only be a toy / weekend car - is that a good price and what the resell price likely to be in 12 months ?
cheers !
Snap it up! Should be a great car and totally reliable, so long as the seller is genuine. My guess is the worst depreciation is now behind C5 Z06s so you're maybe looking at £3,000 p.a. Very hard to tell though as it depends on the car market generally, not just Vettes, and all cars are suffering heavy depreciation at present.
woof said:
many thanks - sounded like a good buy to me - only problems i've found on the web so far is piston ring wear which have been sorted - as long as this car has had the mod
The ring problem was restricted to the 2001 model with 385hp. The 2002 model is the 405hp one. I sold my 02 Z06 a year ago for £26500 with quite a few extras attached (shifter, chrome wheels, skip shift etc) and 5000 miles. Electron blue. I loved the car. The shifter is the bugbear but you get used to it. Lowest I've seen a Z06 was a 2001 for just under £23k. Prices have hardened a bit in the US so importing is less of an incentive.
That's exactly what I bought in Februaury this year. I paid £26k.
I intended to use it as a toy/weekend car, but drove it most days during Spring/Summer and have added quite a few thousand over the original 26,000 miles. I've had 100% reliability (tempting fate there.....), with only an oil change and a couple of bottles of fuel additive to sort out a wayward fuel gauge.
My initial plan was to keep it for a few months and trade up, but there really isn't anything at all that I'd prefer at the moment. Do it!
I intended to use it as a toy/weekend car, but drove it most days during Spring/Summer and have added quite a few thousand over the original 26,000 miles. I've had 100% reliability (tempting fate there.....), with only an oil change and a couple of bottles of fuel additive to sort out a wayward fuel gauge.
My initial plan was to keep it for a few months and trade up, but there really isn't anything at all that I'd prefer at the moment. Do it!
I sold my yellow 02 Z06 some 6 weeks ago to purchase a 6sp auto C6, but am still importing another electron blue 02 Z06 with 3k miles for only my use.
My wife will drive the auto, but not the manual, great excuse for replacing the Z06 with another even lower mileage one.
The old yellow one is currently being advertised on various sites at £25k, its a great colour, but the chrome wheels may become an issue with corrosion, so I would avoid them and fit the standard magnesium alloys, and I have a spare set.
My wife will drive the auto, but not the manual, great excuse for replacing the Z06 with another even lower mileage one.
The old yellow one is currently being advertised on various sites at £25k, its a great colour, but the chrome wheels may become an issue with corrosion, so I would avoid them and fit the standard magnesium alloys, and I have a spare set.
I've been watching C5 Z06's for a while now and the only two I've seen for sale are owenemyr's and a black 51000 mile 385bhp on autotrader for £20,995, though it does have horrible wood trim inside! See here: http://tinyurl.com/ulpnt
Edited by .Z. on Saturday 14th October 15:27
Sorry, mis-keyed!.
Its a nice car and free of any known faults/problems (other than the coarse gear shift that we all know about.)
It should have stainless sills etc, boot divider and boot lid sound proofer.
The tyres are excellent, but the chrome wheels although looking good with the millenium yellow, are showing some minor signs of pitting, but were still good.
The down side is minor in that since it is an US spec car, the fm synthesiser only works in blocks of 200mhz unlike the european spec of 50mhz blocks, so some stations will never be quite "in tune".The front running lights would have been modified had I kept the car.
It was and is a great car with most fitted options.
Hope that you thoroughly enjoy it.
Its a nice car and free of any known faults/problems (other than the coarse gear shift that we all know about.)
It should have stainless sills etc, boot divider and boot lid sound proofer.
The tyres are excellent, but the chrome wheels although looking good with the millenium yellow, are showing some minor signs of pitting, but were still good.
The down side is minor in that since it is an US spec car, the fm synthesiser only works in blocks of 200mhz unlike the european spec of 50mhz blocks, so some stations will never be quite "in tune".The front running lights would have been modified had I kept the car.
It was and is a great car with most fitted options.
Hope that you thoroughly enjoy it.
Hey
Yep - bought and i'm enjoying it !
My god - how quick is this car. I really thought I would had pushed to find something that i would enjoy as much as the 930 - of course the 2 cars are like chalk and cheese.
But the Z6 is pushing all the right buttons (well apart from the mpg). I thought it would attract the wrong type of attention on the road - but everyone seems to like it - espiecially the ladies
It's really quick - starting to explore the limits now - handles OK - brakes are awesome. Had a blast down picadilly last night with a Murcielago - whipped his arse - but that's coz it bottled it into the underpass - Murcielago plus the Z06, "on it" through the tunnel sounded totally awesome.
I'm finding it hard to leave in the garage and take the sensible mini out
Yep - bought and i'm enjoying it !
My god - how quick is this car. I really thought I would had pushed to find something that i would enjoy as much as the 930 - of course the 2 cars are like chalk and cheese.
But the Z6 is pushing all the right buttons (well apart from the mpg). I thought it would attract the wrong type of attention on the road - but everyone seems to like it - espiecially the ladies
It's really quick - starting to explore the limits now - handles OK - brakes are awesome. Had a blast down picadilly last night with a Murcielago - whipped his arse - but that's coz it bottled it into the underpass - Murcielago plus the Z06, "on it" through the tunnel sounded totally awesome.
I'm finding it hard to leave in the garage and take the sensible mini out
Edited by woof on Sunday 29th October 15:00
Remenber, the computer generated mpg will be in US gals, so coverting to imperial (proper) gals will improve the figure by 20%
When on the motorways, and sticking to 85+/-, its dificult to use more than 27mpg (proper gals).
Enjoy it, and I thought the colour was "beneficial", it certainly made for getting attention.
Regards.
When on the motorways, and sticking to 85+/-, its dificult to use more than 27mpg (proper gals).
Enjoy it, and I thought the colour was "beneficial", it certainly made for getting attention.
Regards.
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