Purchasing Z06 with 148000 - Z06Vette.com - Corvette Z06 Forum
 
LinkBack Thread Tools Display Modes
post #1 of 10 (permalink) Old 04-14-2017, 12:10 PM Thread Starter
Jim Rinehart
Junior Member
 
Join Date: Apr 2017
Posts: 2
Purchasing Z06 with 148000

I am looking at a 2002 Z06 with 148000 miles. I have read some forums where people say if it has been maintained well it should not be an issue? It is in beautiful shape and listed by a corvette dealer. It has some nice modifications. It also, has a supercharger (Procharger) which concerns me with additional torque on the engine over its life time? The asking price is $19,900, TMV is listed for $12,500. Would I be better to pay a bit more for one with less miles? Any advice would be appreciated
Jim Rinehart is offline  
Sponsored Links
Advertisement
 
post #2 of 10 (permalink) Old 04-14-2017, 02:43 PM
Bruno
Z06 Addict
 
Bruno's Avatar
 
Join Date: Aug 2013
Location: Saint Louis
Posts: 189
Garage
Re: Purchasing Z06 with 148000

There is a mileage deduct of about $4,600.00, I guarantee you the dealer did not give the customer more money for the trade because it had a supercharger on it. All that aftermarket add on stuff nets you zero dollars at trade in time. If I were you, I would look for the lowest mileage unmolested car you can find. You wont be sorry if you pay a little more for a car that hasn't been jacked with. Trust me if you want to add a Procharger then do it to a stock car you will have fewer problems than with one that has been "improved".

13 Z06 Blk/Blk Halltech mf103 Corsa sport axle back exhaust custom tune by Team ZR1 533rwhp 463rwtq 48lb/hr injectors
Bruno is offline  
post #3 of 10 (permalink) Old 04-15-2017, 09:08 PM
jub jub
Moderator
 
jub jub's Avatar
 
Join Date: Feb 2003
Location: God's Country
Posts: 21,222
Re: Purchasing Z06 with 148000

My first thought is to stay away, unless you can get it for a song.

There are plenty of low mile, unmodified garage queens out there. Be patient.

jub jub is offline  
post #4 of 10 (permalink) Old 04-17-2017, 05:59 AM
RJ-19
Z06 Addict
 
RJ-19's Avatar
 
Join Date: Jun 2010
Location: Denver, CO
Posts: 207
Garage
Re: Purchasing Z06 with 148000

I would agree with the previous posters. I bought my '03 Z for only a few thousand more than what that dealer is asking and that was 7 years ago and it had under 4,000 miles on it at the time. A car approaching 150,000 miles, while likely still ok is best left to someone who plans to gut it and/or rebuild a lot of things. You might save a few thousand now, but I can almost guarantee your cost of ownership over the next five years will be much higher than buying a car that has 100,000 less miles on it. A car with 150k miles has a lot of parts on it that are likely at, or near, the end of their useful life. You may also want to consider that if they did engine mods, it wasn't so they could cruise around nicely in 6th gear at 55 mph...

In the end you should buy what makes you happy, but the C5Z is still far too plentiful to feel like you have buy the first one that comes along. Now if you are in AK or HI, you choices may be limited, but in the lower 48 there are likely hundreds of them within a couple hundred miles of your location. Just keep kicking over all the rocks and you eventually find a diamond.

Ryan J

2003 Millennium Yellow Z06
(Yes, it actually is the one at the top of the screen...)
Proud Corvette Owner Since May 2010
RJ-19 is offline  
post #5 of 10 (permalink) Old 04-18-2017, 09:03 AM Thread Starter
Jim Rinehart
Junior Member
 
Join Date: Apr 2017
Posts: 2
Re: Purchasing Z06 with 148000

Thanks everyone - great advice. I will stay patient and let everyone know when I find my Z06
Jim Rinehart is offline  
post #6 of 10 (permalink) Old 04-20-2017, 01:18 PM
Vintage racer
Z06 Addict
 
Vintage racer's Avatar
 
Join Date: Jan 2005
Location: Sandy Springs, GA
Posts: 404
Re: Purchasing Z06 with 148000

Quote:
Originally Posted by Jim Rinehart View Post
Thanks everyone - great advice. I will stay patient and let everyone know when I find my Z06.
The previous advice is great.

I'd say my nice 2002 Z06 with 55K miles is worth less than that (Not FS, but just saying).

15 Year Member
2002 TR Bl Z06
2014 Porsche 911
2019 Mustang Shelby GT305 (ordered)

Last edited by Vintage racer; 04-20-2017 at 01:21 PM.
Vintage racer is offline  
post #7 of 10 (permalink) Old 07-27-2017, 05:27 AM
rsa_2002_z06
Junior Member
 
Join Date: Mar 2011
Location: Bakersfield, CA
Posts: 1
Re: Purchasing Z06 with 148000

I had to sell my 02 a several years ago, and just last year found an 03 Z06 with 8700 miles that I paid ~$25k for...they're out there
rsa_2002_z06 is offline  
post #8 of 10 (permalink) Old 08-02-2017, 06:31 AM
Dingler
Junior Member
 
Join Date: Jul 2017
Posts: 1
Re: Purchasing Z06 with 148000

Quote:
Originally Posted by rsea_2002_z06 View Post
I had to sell my 02 a several years ago, and just last year found the appetite suppressants post an 03 Z06 with 8700 miles that I paid ~$25k for...they're out there
That mileage is pretty high. I'd avoid.

Last edited by Dingler; 06-03-2018 at 11:46 PM.
Dingler is offline  
post #9 of 10 (permalink) Old 11-14-2017, 09:45 AM
Bradsters
Junior Member
 
Join Date: Nov 2017
Posts: 1
Re: Purchasing Z06 with 148000

Remember that what a car lists for and what it sells for are often quite different. If you have cash in hand for an older car, then you can buy one from a private seller.

Bradsters
2001 ZO6
20K Miles
Bradsters is offline  
post #10 of 10 (permalink) Old 12-01-2017, 02:34 PM
vette1
Z06 Pilot
 
Join Date: Nov 2001
Location: Powder Springs ,Georgia
Posts: 912
Re: Purchasing Z06 with 148000

Be patient and wait good luck
vette1 is offline  
Sponsored Links
Advertisement
 
Reply

  Z06Vette.com - Corvette Z06 Forum > C5 Z06 Specific Topics > C5 Z06 - Grandstand


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
Purchasing a C6 Z06, need a service histroy report! Zlicious C6 Z06 - Grandstand 19 05-18-2006 06:11 AM
Need Help Purchasing First Z06 trojan1971 C5 Z06 - Grandstand 13 12-30-2004 04:21 AM
Considering purchasing a Z06 but have a few questions TCM C5 Z06 - Grandstand 9 07-20-2003 10:59 PM
Z06 purchasing help CANTEX C5 Z06 - Grandstand 11 02-01-2002 07:14 AM
Purchasing a Z06 tranman329 The Garage (non Vette related) 5 10-25-2001 06:31 AM

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome