should I trade up?

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Oct 22, 2005 | 08:53 PM

BigMacNYC

Thread Starter

Racer

Joined: Jun 2004

Posts: 292

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From: Dublin

should I trade up?

OK guys help me make a decision. I currently have a '00 coupe 24k miles. I am debating to trade in for a '03 metalic z06. The car has only 2200 miles on it. Still under warranty... My car payment will go up a hundred dollars! I always get scared signing so pls give advise.... anyone who owns a z06 is there a noticable difference in power? Is it worth giving up the removable top for a hard top? thanx

Oct 22, 2005 | 08:56 PM

SGT. PYLE

Burning Brakes

Joined: Apr 2005

Posts: 753

Likes: 1

From: Oceanside CA

Do it, you will not regret it.

Oct 22, 2005 | 08:56 PM

Yello95

Team Owner

Joined: May 2001

Posts: 25,058

Likes: 1,265

From: Virginia

St. Jude Donor '11

Quote:

Originally Posted by BigMacNYC

With only 2200 miles on it I'd go for it if I were you....

Oct 22, 2005 | 09:19 PM

Old One

Racer

Joined: Apr 2004

Posts: 265

Likes: 0

From: Vernon CT

If you can write a check, do it. You say your payment wil go up $100, so I assume you can't write a check. Smart money says keep your '00. Cars are not "investments" they are (rapidly) depreciating assets.

Oct 22, 2005 | 10:35 PM

Barely Legal

Burning Brakes

Joined: Aug 2001

Posts: 1,129

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Up for $100. I'd do it in a NY second. It's brand new!

Oct 22, 2005 | 10:40 PM

cenzo

Drifting

Joined: Jul 2004

Posts: 1,571

Likes: 1

From: Hollywood Md

$100 for how long?

Oct 22, 2005 | 10:52 PM

mph1972

Race Director

Joined: Apr 2004

Posts: 16,135

Likes: 5

From: Newberry FL

Cruise-In VIII Veteran

St. Jude Donor '07

Quote:

Originally Posted by Barely Legal

Up for $100. I'd do it in a NY second. It's brand new!

Oct 22, 2005 | 10:54 PM

Dark-Knight

Race Director

Joined: Feb 2003

Posts: 11,133

Likes: 1

From: ~The DARKSIDE Group~

If your C5 is stock you'll not beleive the difference in driving the Z. It's not just the 50hp or the difference in weight, the m12 tranny is geared to accerate!

Do it!

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Oct 22, 2005 | 11:00 PM

edensknight

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Joined: Jul 2005

Posts: 11,308

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From: The Beautiful Greater Bay Area California

Quote:

Originally Posted by cenzo

$100 for how long?

How much overall, and, for how long? Still, this sounds very attractive: A newer car (a Z06, mind you) with only 2,200 miles on the clock, and, still under warranty? Don't deliberate too long!

Oct 22, 2005 | 11:16 PM

#10

HemiKLR

Pro

Joined: Sep 2005

Posts: 501

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From: Mesa Az

like everyone already said, 100 bucks over the same amount of time? If so then I'd jump all over that.

Oct 22, 2005 | 11:34 PM

#11

slverc5

Melting Slicks

Joined: Aug 2004

Posts: 2,879

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From: Plainfield Ill.

Quote:

Originally Posted by HemiKLR

like everyone already said, 100 bucks over the same amount of time? If so then I'd jump all over that.

I just deduced that since you have an '00 and you mentioned you're still paying for it only means that you have a 60 months loan. So, if I understand you correctly. You will have to pay an extra $100 for what the remainder of the loan. If that's the case- I'd go for it, however if you have to repeat another 60 months with an extra $100. It might not be worth it.
Like one member said

Quote:

Smart money says keep your '00. Cars are not "investments" they are (rapidly) depreciating assets.

If I were you, pay it off and just get a SC or TC with laughing gas if want to have the speed. At least it's not another 60 months of payment.

Oct 23, 2005 | 06:22 PM

#12

BigMacNYC

Thread Starter

Racer

Joined: Jun 2004

Posts: 292

Likes: 0

From: Dublin

thanks everybody on their opinion. Most posting here are from mods and other stuff so I appreciate the economic post too! I am looking to get newer since the car is depreciating and I figure trading up now will get me closer to a new C6, which I currently cannot afford! Yes I can pay off this one now, but I do not intend to keep it. As for the new yes it would be 60 month loan but I do not intend to keep it the whole time! Any further comments are welcome

Oct 23, 2005 | 06:46 PM

#13

Zuti

Drifting

Joined: Jun 2003

Posts: 1,510

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From: Life moves pretty fast... if you don't stop and look around once in a while, you could miss it!

CI 6-8-9 Veteran

Quote:

Originally Posted by BigMacNYC

Take some time to think about this. If you almost own your current vette, you can put the payment money for another year into mods to get similar or better performance, still have an open top and not have another 60 months of payments. Remember, over the next few years, C6s will be on the used market for similar prices and have similar performance as the '03 Z, and furthermore, the new Z will be out there in a few years at used prices as well. It's your call, just make sure that you get what you want and can afford. That's what's important. Good luck. Let us know what you decide.

Zuti

Oct 23, 2005 | 06:51 PM

#14

C5naples

Safety Car

Joined: May 2004

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From: Naples Florida

On an impulsive day I would do it in a second to get that Z06 power.

Oct 23, 2005 | 07:23 PM

#15

BlackVettesRBest

Pro

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From: Myakka City Florida

Do it!

Oct 23, 2005 | 09:18 PM

#16

LB04CE

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From: Western KY.

Go for it...........

Oct 23, 2005 | 09:31 PM

#17

ROJ#79

Drifting

Joined: Jun 2004

Posts: 1,484

Likes: 20

From: FLORIDA

IMO , why would you want a sports car that the top does not come off or can not be removed?
Are you looking for speed?
It's your choice!

Oct 24, 2005 | 01:14 PM

#18

Vetteman Jack

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Good advice by Zuti. Just take a little time and weigh all the options. A basically new Z06 would be nice, but if you are really looking to get into a C6, you may just want to put the extra money away each month and then buy one when the time is right.