newbe question
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Pro
Joined: Apr 2005
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From: richmond va
newbe question
i'm a long time member of this forum but have never made a post till now i have been looking for the right c5 for some time and i have also been waiting for the stars and moons to all align and i think its about to happen..saw a red 01 c5 today at a local used car lot it has 29k on it and from what i can tell some good options(lot was closed and car locked)it has both tops magnetic suspension 6-speed std wheels it has the what looks like the oem emt tires(they look real good)now from looking into the interior it looks to have both power seats ...thats about all i can tell for now the paint looks real good found a couple of stone chips on the front bumper but other than that it looks very good...from what i can tell no signs of any bodywork(no overspray anywhere i can see) what should i be looking for?this would be my 1st vette i'm 52 years old and have wanted one since i rode in a 65 back in 65 120mph the fastest i had ever been ....just did not get one till now i hope to get one very soon thanks for any advice any of you good vette people might have for this rookie vette person....
ps the dealer is asking very low 30's for the car .....sounds pretty good....
thanks
richard
ps the dealer is asking very low 30's for the car .....sounds pretty good....
thanks
richard
Supporting Tuner
Joined: Sep 2004
Posts: 51,896
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From: ================== Houston, Texas www.englandgreen.com ================== Necessary Evil™ __________
CI 6-7-8-9-10 Veteran
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12-'13-'14
Paid $30k for mine last Sept (04) from a dealership in CT
2001 Coupe with just about every option except Z-51 suspension. 22,000 miles on the clock, 1 owner, obviously babied and in pristine condition (no mods)
Low $30's sound high to me for a 2001.
EG
2001 Coupe with just about every option except Z-51 suspension. 22,000 miles on the clock, 1 owner, obviously babied and in pristine condition (no mods)
Low $30's sound high to me for a 2001.
EG
Drifting
Joined: Jun 2004
Posts: 1,887
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From: Havin' fun in Frederick, MD!!!
St. Jude Donor '05 '09
Originally Posted by EnglandGreen
Paid $30k for mine last Sept (04) from a dealership in CT
2001 Coupe with just about every option except Z-51 suspension. 22,000 miles on the clock, 1 owner, obviously babied and in pristine condition (no mods)
Low $30's sound high to me for a 2001.
EG
2001 Coupe with just about every option except Z-51 suspension. 22,000 miles on the clock, 1 owner, obviously babied and in pristine condition (no mods)
Low $30's sound high to me for a 2001.
EG
Safety Car
Joined: Apr 2004
Posts: 3,996
Likes: 77
From: Louisville KY
I thought the magnetic select ride came out in 2003. It was standard on the 50th coupe, but was an option for the other models. At least that was the way it was when I ordered my 2003 and followed it down the line in Bowling Green, KY.
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Pro
Joined: Apr 2005
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From: richmond va
thanks for all of your help so far. i'm learning more and more about the c5 as i read the responses from you corvette folks. as far as the suspension i noticed a button on the center console ,could thet be selective real time damping? or is the z51 option controlled by a button on the console? sorry for the questions but i appreciate the help...
the dealer is asking 31.440.00 i'm sure there is room for negotiating..
thanks for all of your advice so far and hopefully more to come.
the dealer is asking 31.440.00 i'm sure there is room for negotiating..
thanks for all of your advice so far and hopefully more to come.
Race Director
Joined: Nov 2003
Posts: 12,346
Likes: 5
From: Mustang OK
Welcome to the Forum! 
The F45 Selective Real Time Damping System was an available option for model year 2001. If the car is so equipped, you will see a dial type selection switch toward the passenger side of the center console to switch between the various suspension modes. The F55 Magnetic Selective Ride Control did not come available until model year 2003 and it replaced the F45 suspension. There are no buttons for the Z51 Performance Handling Package which consists of the FE3 Sport Suspension and a power steering cooler. Also, toward the driver's side of the center console, there is a push button to turn on/off Traction Control/Active Handling and to enable the Competion Mode. (Active Handling became a standard feature in model year 2001.) You can see options that were available for the 2001 model year at the following link: 2001 Corvette Production and Performance.
Good luck finding the right new ride.
The F45 Selective Real Time Damping System was an available option for model year 2001. If the car is so equipped, you will see a dial type selection switch toward the passenger side of the center console to switch between the various suspension modes. The F55 Magnetic Selective Ride Control did not come available until model year 2003 and it replaced the F45 suspension. There are no buttons for the Z51 Performance Handling Package which consists of the FE3 Sport Suspension and a power steering cooler. Also, toward the driver's side of the center console, there is a push button to turn on/off Traction Control/Active Handling and to enable the Competion Mode. (Active Handling became a standard feature in model year 2001.) You can see options that were available for the 2001 model year at the following link: 2001 Corvette Production and Performance.
Good luck finding the right new ride.
Last edited by GrayC5; Jun 27, 2005 at 03:15 AM.
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Melting Slicks
Joined: May 2005
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From: MDT
it wouldn't hurt if either you ran a carfax ($17.95) or asked the dealer to run the carfax for you. it'll show a lot about the history of the vehicle. fwiw, the price sounds a little high. mileage however sounds quite favorable. bub
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From: "It's 106 miles to Chicago, we've got a full tank of gas, half a pack of cigarettes, it's dark, and
St. Jude Donor '03-'04-'05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16-'17-‘18-'19
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Welcome to the forum Richard - I agree low 30's is high for an '01, especially a coupe. A convertible should be mid to high 20's, and they start out anywhere from about $5K - $6K more new than a coupe. If this car is perfect, mid $20's would be a fair price.
I waited to get my dream car until I was almost 50, and wanted one since I was a kid - so I understand your excitement. The secret to finding the right car is to research everything. Try to learn as much as you can about these cars, then before you make the decision to jump in, check the potential purchase thoroughly. Car-Fax, independent inspections and maybe someone who is an owner familiar with Vettes should look and give you an honest objective opinion.
I didn't note what part of the country you live in - but I'm sure that one of our fine Forum members would be happy to take a look.
Also - CF member Sponge Vette has been known to run a VIN or two through the GM computer for service and origination history.
The key is no surprises.....good luck!
I waited to get my dream car until I was almost 50, and wanted one since I was a kid - so I understand your excitement. The secret to finding the right car is to research everything. Try to learn as much as you can about these cars, then before you make the decision to jump in, check the potential purchase thoroughly. Car-Fax, independent inspections and maybe someone who is an owner familiar with Vettes should look and give you an honest objective opinion.
I didn't note what part of the country you live in - but I'm sure that one of our fine Forum members would be happy to take a look.
Also - CF member Sponge Vette has been known to run a VIN or two through the GM computer for service and origination history.
The key is no surprises.....good luck!
Safety Car
Joined: May 2004
Posts: 4,487
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From: Naples Florida
Originally Posted by Rou-Rou 03
price seems high. a coworker just bought a 00 with the options and milage you mention from private owner for $ 24,500
Price does seem a little high. Negotiate! They want to sell as much as you want to buy.
Le Mans Master
Joined: Apr 2005
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From: The problem with socialism is eventually the government runs out of other people's money
Originally Posted by ebubman
it wouldn't hurt if either you ran a carfax ($17.95) or asked the dealer to run the carfax for you. it'll show a lot about the history of the vehicle. fwiw, the price sounds a little high. mileage however sounds quite favorable. bub
Price probably does have room for negotiation, as suggested have it checked out by a mechanic that is vette knowledgeable or another forum member local to you could probably help out, either with an inspection or to suggest a good mechanic.
52 is a good age, this is my second vette, first was a 69 back in the 70's, always loved them and wanted another, now I'm also 52 and have fulfill that dream.
Racer
Joined: Feb 2002
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From: Killeen TX
Try to figure out what mods it has (if any). Look for additional gauges, aftermarket intake, headers, etc. Depending on where you are and how it's equipped, mid to high 20's would be about the right price. Does it have both tops? What's a grand or 2 if this is a great car and the one you want?
Supporting Tuner
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From: ================== Houston, Texas www.englandgreen.com ================== Necessary Evil™ __________
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And use both punctuation and capitalisation. It makes everyone's life easier...
And don't listen to Lager99...
And don't listen to Lager99...
Team Owner
Joined: Aug 2004
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From: The Beautiful Pacific Northwest
St. Jude Donor '05-'06-'07-'08-'09, '14-'15-'16-'17-'18
Welcome to the Corvette forum. I was 52 when I picked up my first Vette last year after having wanted one since childhood like yourself.
You'll find that you're not just getting a car, you're getting a whole lot more. Hang around this place and you'll see more of what I mean!
Enjoy that new car
You'll find that you're not just getting a car, you're getting a whole lot more. Hang around this place and you'll see more of what I mean!
Enjoy that new car
Racer
Joined: Apr 2005
Posts: 401
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From: Ogden Utah
Originally Posted by Rou-Rou 03
price seems high. a coworker just bought a 00 with the options and milage you mention from private owner for $ 24,500
I bought a wonderful rare color Dark Bowling Green '00 Coupe with both tops, MN6, sub, etc.. with 39,500 miles for $24,000 last month.When I was looking, I saw an '02 at the dealership that was about $32,000, so it does sound a bit high.
Also, with the '01 model, there is a chance that it could have an issue with burning oil above 3k RPMs. It is supposed to be possible with the '00 year as well, but it seems much less frequent. Does a compression test tell you if the car may be susceptible?
UT-Driven
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From: richmond va
thanks everybody for all your comments and warnings . I'm in the central virginia area and after researsch the cars in this area are high.I recently got an autotrader from the atlanta ga area,the prices are a couple of thousand less in Atlanta than here.I,m still looking here and there.Fortunately i do not have to rush and i have time to look and compare....
thanks for all your help
richard
thanks for all your help
richard
