[Z06] Calling all 2001 Z06 owners
Thread Starter
6th Gear
Joined: Jun 2009
Posts: 6
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Calling all 2001 Z06 owners
I have recently found a low mile (41K) 2001 Z for sale at a local dealer ship. After a pretty thorough inspection of the car it looks to be treated very well and spent most of it's life in the garage.
The dealer is asking 21K, wondering if this is a reasonable price for the condition, year etc. Knowing these cars had some minor issues with oil consumption and are slightly down on power from the '02 do you find them to be any less desireable vs newer versions? Happy to listen to any suggestions you may have.
-Matt
The dealer is asking 21K, wondering if this is a reasonable price for the condition, year etc. Knowing these cars had some minor issues with oil consumption and are slightly down on power from the '02 do you find them to be any less desireable vs newer versions? Happy to listen to any suggestions you may have.
-Matt
Melting Slicks
Joined: Sep 2008
Posts: 2,389
Likes: 5
From: Northern Virginia
i think they are generally less desirable because they are down on power, but if you're going to work it up anyway buy it and dont worry about it being down on power... anyway, tell them you'll do 18k and negotiate
Last edited by TheDingo; Jul 13, 2009 at 04:05 PM.
Melting Slicks
Joined: Oct 2007
Posts: 2,123
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From: East Hampton Connecticut
St. Jude Donor '09-'10-'11
Yeah, I was gonna say 18K as well. 19K is probably the most. FYI, I saw on the auction site a MY 2003 Z06 with 54K on it, nice shape, rims have some rash, needs tires soon. 20K, no reserve.
Not affilaited with it in any way.
Just sayin' might be worth checkin' out for the price and as a comparison point.
Not affilaited with it in any way.
Just sayin' might be worth checkin' out for the price and as a comparison point.
Race Director
Joined: Jun 2003
Posts: 14,051
Likes: 9
From: Houston TX
That "down on power" is not even worth worrying abouton the road course or even the drag strip for a savvy driver.
The big question will be if the carhas had all the nagging 01 theough 04 issues dealt with under warranty.
Rocking seat, fuel tank sensor (cant recall which one needed to be replaced), steering lock issue, HCAV panel display and a couple others.
21K for a stout healthy car is not a bad price - but for the price it needs recent and fresh tyres, pass a leak down test and show decent compression and pass a proper visual ispection.
Dont let the '01 in the name scare you off.
The big question will be if the carhas had all the nagging 01 theough 04 issues dealt with under warranty.
Rocking seat, fuel tank sensor (cant recall which one needed to be replaced), steering lock issue, HCAV panel display and a couple others.
21K for a stout healthy car is not a bad price - but for the price it needs recent and fresh tyres, pass a leak down test and show decent compression and pass a proper visual ispection.
Dont let the '01 in the name scare you off.
Melting Slicks
Joined: Aug 2000
Posts: 2,618
Likes: 5
From: Overland Park KS
That "down on power" is not even worth worrying abouton the road course or even the drag strip for a savvy driver.
The big question will be if the carhas had all the nagging 01 theough 04 issues dealt with under warranty.
Rocking seat, fuel tank sensor (cant recall which one needed to be replaced), steering lock issue, HCAV panel display and a couple others.
21K for a stout healthy car is not a bad price - but for the price it needs recent and fresh tyres, pass a leak down test and show decent compression and pass a proper visual ispection.
Dont let the '01 in the name scare you off.
The big question will be if the carhas had all the nagging 01 theough 04 issues dealt with under warranty.
Rocking seat, fuel tank sensor (cant recall which one needed to be replaced), steering lock issue, HCAV panel display and a couple others.
21K for a stout healthy car is not a bad price - but for the price it needs recent and fresh tyres, pass a leak down test and show decent compression and pass a proper visual ispection.
Dont let the '01 in the name scare you off.
Check those tires because service centers won't touch tires that are over 5 years old anymore.... The '01 also doesn't have the Heads Up Display (HUD). I really like it after owning a Bonneville SSEi that also had it...
Drifting
Joined: Jun 2006
Posts: 1,954
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From: New Rochelle, NY New York
Back in 05, I bought my 01 for 28g's. It had 28500 miles on her. Since owning her now for 4 years, I do not burn excess oil. I was told to put a catch can on her, I did. I empty the can every oil change (about 5g miles) and Maybe, maybe a half a shot glass of oil in the can. As for the seat...60,000 miles and no rocking. As for power, with easy mods Cai (Varram b-2), headers and a great tune ( from ECS 
) I have more power than a 02-04. I even won a few against them 
In all, I think 01's are great. You can mod the hell out of them and get more than enough power. They are the first Z of it's kind (style).
My only suggestion is to have the car looked at, and definitely get that price down. There are way to many Z's (01-04) out there now that are selling at unbelievable low prices.
Enjoy whatever year you buy!
) I have more power than a 02-04. I even won a few against them In all, I think 01's are great. You can mod the hell out of them and get more than enough power. They are the first Z of it's kind (style).
My only suggestion is to have the car looked at, and definitely get that price down. There are way to many Z's (01-04) out there now that are selling at unbelievable low prices.
Enjoy whatever year you buy!
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Melting Slicks
Joined: Apr 2007
Posts: 2,107
Likes: 4
From: Northern VA
21k is too much for that car...19k sounds a little better but 18k sounds a lot better...
I paid 22k for an 02 with 47k miles and over 4k worth of mods. Garage Owned, 2 owner, every receipt and document possible. Car needed nothing.
Only thing that would sell that 01 to me is if it was speedway white then its worth the 21k.
I paid 22k for an 02 with 47k miles and over 4k worth of mods. Garage Owned, 2 owner, every receipt and document possible. Car needed nothing.
Only thing that would sell that 01 to me is if it was speedway white then its worth the 21k.
Instructor
Joined: Jun 2002
Posts: 222
Likes: 55
From: Rochester Hills MI
Have had my 01 Z since it was new; had the oil problem, SCL problem, fuel gauge problem, and rocking seat. All were handled under warranty and there has only been one problem since then; that was a steering column piece that died not long after extended warranty expired. Sorry to hear that 21K is too much; I'd like to see that if I sold mine,but then again I'm not in the market to sell or replace.
Regarding "down on power," 385 hp will kill you just as fast as 405 or 505 if you're not careful. It is so rare that any of us get to generate that much HP anyway unless we're directly involved in racing, and then there is a lot of skill that can offset pure power. I wouldn't get too concerned about the power; there is plenty to play with.
Regarding "down on power," 385 hp will kill you just as fast as 405 or 505 if you're not careful. It is so rare that any of us get to generate that much HP anyway unless we're directly involved in racing, and then there is a lot of skill that can offset pure power. I wouldn't get too concerned about the power; there is plenty to play with.
Advanced
Joined: Jun 2009
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Im on my second 2001 now and I have had the 405hp Z's too. The 2001 is superior to all the 405hp years. The oil thing does not exist, at least not on the 2 i've had. I can't stress enough that the 20 hp from 01 to 02 etc. means NOTHING. I will say the 01 is always a little quicker than the others. That price is fair but get'em to toss in a major guard GM warranty & your all ****.
Banned Scam/Spammer
Joined: May 2007
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From: Machineguns, because I don’t compromise
Some cars are freaks. I remember an '03 that just was rediculous, you'd swear it had ported heads... but it was stock.
Race Director
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From: Common courtesy and common sense are not common.
St. Jude Donor '09-'10-'11-'12-'13
Im on my second 2001 now and I have had the 405hp Z's too. The 2001 is superior to all the 405hp years. The oil thing does not exist, at least not on the 2 i've had. I can't stress enough that the 20 hp from 01 to 02 etc. means NOTHING. I will say the 01 is always a little quicker than the others. That price is fair but get'em to toss in a major guard GM warranty & your all ****.
Melting Slicks
Joined: Apr 2007
Posts: 2,107
Likes: 4
From: Northern VA
Factory freak maybe, regardless saying a statement that the 01s are always a little quicker is completely false. Yes in most cases its a driver's race but car vs car the 02-04 is quicker. It has more hp period.
Advanced
Joined: Jun 2009
Posts: 80
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Here we go again. 20hp doesn't mean squat and owning several Z06's....at the same time, I can guarantee you the 2001 is quicker through a 1/4 mile, light to light & everywhere else. The 405hp was made so they could keep selling them. So people who don't know any better and never drove a 2001 and read too much go.......gee I bet that 405hp is fast grandpa cause the 01 ONLY has 385hp.
Melting Slicks
Joined: Oct 2007
Posts: 2,123
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From: East Hampton Connecticut
St. Jude Donor '09-'10-'11
I have nothing against 2001s, but to say they are faster than 02-04s goes against even GM's facts.
If you have facts to back up the '01 claim, that would be interesting.
Not doubting your personal SOTP experiences.
Frankly, I think it could all boil down to a driver's race in most cases when the HP is that close.
If you have facts to back up the '01 claim, that would be interesting.
Not doubting your personal SOTP experiences.
Frankly, I think it could all boil down to a driver's race in most cases when the HP is that close.
Melting Slicks
Joined: Dec 2004
Posts: 2,394
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From: Bay Area CA
I bought an 01 in 2005 with 43k on the clock. Clean car, ran great, only had a small A/C smell issue that the first owner was obsessed about. No oil burning (outside what I call normal for an auto/x / track car). Have a catch can waiting in a box that I need to get around to installing. Had the column lock issue twice, but seems resolved now.
I have a Halltech stinger intake, a set of American Racing LTs with cats, and a tune. Makes 372 to the wheels in a nicely conservative tune in CA on shyt gas.
Do some research, and look around locally and on the forums. That dealer probably paid $15k at auction for that car. I think it can be had for less.
G'luck
Fej
I have a Halltech stinger intake, a set of American Racing LTs with cats, and a tune. Makes 372 to the wheels in a nicely conservative tune in CA on shyt gas.
Do some research, and look around locally and on the forums. That dealer probably paid $15k at auction for that car. I think it can be had for less.
G'luck
Fej
Banned Scam/Spammer
Joined: May 2007
Posts: 15,685
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From: Machineguns, because I don’t compromise
I bought an 01 in 2005 with 43k on the clock. Clean car, ran great, only had a small A/C smell issue that the first owner was obsessed about. No oil burning (outside what I call normal for an auto/x / track car). Have a catch can waiting in a box that I need to get around to installing. Had the column lock issue twice, but seems resolved now.
I have a Halltech stinger intake, a set of American Racing LTs with cats, and a tune. Makes 372 to the wheels in a nicely conservative tune in CA on shyt gas.
Do some research, and look around locally and on the forums. That dealer probably paid $15k at auction for that car. I think it can be had for less.
G'luck
Fej
I have a Halltech stinger intake, a set of American Racing LTs with cats, and a tune. Makes 372 to the wheels in a nicely conservative tune in CA on shyt gas.
Do some research, and look around locally and on the forums. That dealer probably paid $15k at auction for that car. I think it can be had for less.
G'luck
Fej
The auction prices are low (for the year), but with the miles I could see that car going for a bit more than 15k...