Every so often this mis-information must be clarified:

1999 - 2002: Service Bulletin: Higher Than Expected Oil Consumption
Subject: Higher Than Expected Oil Consumption (Replace Rings and Engine Valley Cover)
Source: Chevrolet Dealer Technical Service Bulletin
Number: 01-06-01-023A
Models: 1999-2001 Chevrolet Camaro, 1999-2002 Chevrolet Corvette, 1999-2001 Pontiac
Firebird, with 5.7L Engine (VINs G, S -- RPOs LS1, LS6)
This bulletin is being revised to add model years for the Corvette, information on the LS6 engine
and parts information. Please discard Corporate Bulletin Number 01-06-01-023 (Section 6 -
Engine).
Condition
Some owners may comment on higher than expected oil consumption. When checked, the oil
consumption could be in the range of 400-600 miles per quart (700-1000 km/L).
On the LS6 engine only, the technician may find oil behind the engine throttle plate and in the
intake manifold.
Cause
The cause for this condition may be an interaction between the piston rings and the cylinder
bore in vehicles that are operated at higher RPMs -- typically manual transmission vehicles
driven in a manner where the engine is frequently or consistently operating at greater than 3200
RPM.
On the LS6 engine only, the engine has a unique aluminum valley cover that has composite oil
separating baffles and PCV plumbing incorporated. In some cases, the PCV baffle may not be
properly sealed to the valley cover, causing oil to enter the PCV system.
Correction
On the LS6 engine only, replace the engine valley cover if oil is found behind the throttle body
or in the intake manifold before replacing the piston ring. Refer to Engine Valley Cover
Replacement in the Engine Mechanical - 5.7L subsection of the Corvette Service Manual.
A new set of piston rings is currently available through GMSPO. The new rings are part of a complete piston ring kit. Install only the number 2 compression ring and the oil expander ring from the piston ring kit. All other rings in the piston ring kit should be discarded. The original number 1 compression ring and the oil ring rails should be re-used in their original positions on the piston. All pistons should be used in the same cylinder bore.

 

wow....I am really leaning towards the torch red '01 I have negotiated a lower price..

 

I have an ’01 since June ’05, I never had to add any oil between changes.

 

My 2000 vert NEVER needs any oil between changes!

 

My 2001 Coupe has never used any oil.

 

good news on the oil....even at a quart in a thousand miles...would that be a legit reason not to buy...after I see the '01 I will know for sure by the condition and close inspection
I do appreciate all the comments

 

2004 for 19k if its perfect

 

'04.

 

I use a quart for every oil cycle which is about 8K on the oil life monitor.

You can make them worst with spirited driving with shifts above 3200 rpm and lots of down shifting. Of course the fun meter starts getting active above 3200 rpm as well.

 

I know you probably won't sell the car, but you never know what might happen down the road. Given your choices, the 04 hands down. Resale value will be better in the event that you sell it or trade it in for a new vette

 

saw a pick of the '01 today...its on the truck and on its way south for My approval...like new.....

 

Take your camera with ya... we want to see pics!!

 

Hope it is everything you are hoping for...good luck!

 

Take'm both, they will be lonely without each other!!!

 

I have a 00 coupe and it doesn't use any oil in 3000 miles. Maybe an 1/4 oz in the catch can.
I would buy the car that's in the best condition. Hows the engine, brakes, interior etc. Sounds like your leaning to the red 01. If that's your choice go for it & don't look back. G/L

 

I'd say the 2004. But if you got a lower price for the 01 then check it out. If it's good then go for it.

 

Man, tough decision...... I truly love my TR `01 vert and it's never used a drop of oil. The `04 will be worth more later on and black, oak, oak is awesome. So's TR w/oak, oak. Have fun with your choice, yur gonna love whichever..........

 

I would get the 04,I think the price is good,but cant hurt to offer cash & lower price.I just got my 04 21,500. Whatever you get

 

'o4 guy says He will send Me walking at anything lower than 22.5

 

Another new one just popped up, like most things you are not guaranteed 100% to have or not have it but your odds are much greater it seems with an 01.

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