[Z06] z16 vs. Z06
Thread Starter
Pro
Joined: Jan 2004
Posts: 595
Likes: 0
From: Plantation Florida
z16 vs. Z06
OK,
You can now get a Z06 for about $42,000. You can get a Z16 for about $45,300. The Z06 is $11,500 off MSRP while the Z16 is $12,000 off MSRP. I had decided on the Z16, but now I question myself, is the Z16 worth $3,300 more than the Z06. I think I will see that difference on the back end when I want to sell it, if not more. I am saving more on the Z16 and getting a label with it - "commemerative edition." I still think I am leaning to the Z16. I am not going to mod either car that much, maybe an intake but I think either one I would leave the Ti exhaust. What do you think?
You can now get a Z06 for about $42,000. You can get a Z16 for about $45,300. The Z06 is $11,500 off MSRP while the Z16 is $12,000 off MSRP. I had decided on the Z16, but now I question myself, is the Z16 worth $3,300 more than the Z06. I think I will see that difference on the back end when I want to sell it, if not more. I am saving more on the Z16 and getting a label with it - "commemerative edition." I still think I am leaning to the Z16. I am not going to mod either car that much, maybe an intake but I think either one I would leave the Ti exhaust. What do you think?
Racer
Joined: Jun 2004
Posts: 324
Likes: 0
From: Lake Mary FL
Re: z16 vs. Z06 (canesfins)
Are you buying the car as an investment or to have fun with? Buying any car as an investment is a bad idea. If you're just buying a car to have fun with then get whichever color combination you like best. I don't think I would ever buy the Z16 just because I can't stand the stripes, I LOVE the blue color however. I bought a Machine Silver standard Z06 and bought it specifically to have fun with 
Thread Starter
Pro
Joined: Jan 2004
Posts: 595
Likes: 0
From: Plantation Florida
Re: z16 vs. Z06 (Mike04Z06)
Well I am buying for fun and as a daily drive. I do, however, want to minimize my downside risk. Not to say that I am looking at this car as an investment, because I am not. Just looking to "insure" against the bottom dropping out when the C6s come along. I like the stripes and love the color of the Z16. I wonder, at these huge discounts, do many think that regardless of the car alot of the immediate hit in depreceiation and effect of the C6 is built in?
Safety Car
Joined: Aug 2002
Posts: 4,204
Likes: 735
From: Hainesport NJ
St. Jude Donor '10
Re: z16 vs. Z06 (canesfins)
I thought I should of waited, but I guess the last two months with the car are worth the extra money.
I bought this as a fun weekend driver and car to drive to shows. I love it!!
I can only hope it retains some of it's value over other Z06's. I know it's not the same but look at the values of the 96 Grand Sport, who knows?
Just enjoy it!
Team Owner
Joined: Mar 2001
Posts: 25,013
Likes: 80
From: Manitoba/San Jose del Cabo
Cruise-In III Veteran
St. Jude Donor '11
Re: z16 vs. Z06 (zipity)
If you like it, get it. I don't think this car is going to be getting much more than a normal Z06 in the future, stickers and badges isn't going to fool people down the road. It will probably be worth a few thousand more just like it is now. The whole concept of it was to celebrate the C5 getting 2 wins in GTS at Lemans and they actually now have 3 wins. 
Burning Brakes
Joined: Jul 2003
Posts: 1,171
Likes: 0
From: So Cal
Re: z16 vs. Z06 (canesfins)
I wouldn't focus on the depreciation. I would look at it purely as a matter of personal and whether the differences between the two are worth an extra few grand. I, personally, don't like the stripe thing, but I can see why others do. Good luck.
Instructor
Joined: Mar 2003
Posts: 123
Likes: 0
From: Oregon City Oregon
Re: z16 vs. Z06 (canesfins)
I went through the same process. Basically I just liked the Z16 better. I'm not concerned about resale, or collectible status. I'll take good care of her and if/when it comes time to sell I'll try to get the most out of her. But for now, I've been so very happy. I own a '98 Pace Car also; same situation. Buy what you really want and enjoy it... Forget about the money.... 
Instructor
Joined: Sep 2003
Posts: 238
Likes: 0
From: Wilmington NC
Re: z16 vs. Z06 (Racer44)
If you like it, get it. I don't think this car is going to be getting much more than a normal Z06 in the future, stickers and badges isn't going to fool people down the road.
Those $3000 more should only be spent if you think that YOU will like the car better. When it's time to sell, the Z16 and Z06 will probably sell for the same price. After all, their bluebook price will be the same since its the same car and the Z16 isn't really rare or limited 
If you're looking for a car that will be easy to sell, you probably should be looking at a torch red one...
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Melting Slicks
Joined: Oct 1999
Posts: 2,793
Likes: 0
From: carmel Indiana usa
Re: z16 vs. Z06 (canesfins)
My friend, you're giving this way too much thought
Life is short, Death is long...buy the car you want, and forget about all that other stuff,
There will always be a newer faster Vette.
good luck!
Life is short, Death is long...buy the car you want, and forget about all that other stuff,
There will always be a newer faster Vette.
good luck!
Instructor
Joined: Jun 2004
Posts: 230
Likes: 0
From: Tumon GU
Re: z16 vs. Z06 (canesfins)
re sale is a big consideration
how much will a 2001 z06 (modified) be worth in 2 years compared to a 2004 Z16? (My car cost 34k BTW)
life is too short and it is all about HP anyway.....
i keep looking at this pic and would rather wait for the new 2006 500hp model. and enjoy the 450hp in my used 2001. Your new Z16 in 1 year will be just like all the others???....." the old C5 "
[Modified by dmaccor, 3:00 PM 6/18/2004]
how much will a 2001 z06 (modified) be worth in 2 years compared to a 2004 Z16? (My car cost 34k BTW)
life is too short and it is all about HP anyway.....
i keep looking at this pic and would rather wait for the new 2006 500hp model. and enjoy the 450hp in my used 2001. Your new Z16 in 1 year will be just like all the others???....." the old C5 "
[Modified by dmaccor, 3:00 PM 6/18/2004]
Instructor
Joined: Jun 2001
Posts: 155
Likes: 0
From: Lighthouse Point FL
Re: z16 vs. Z06 (canesfins)
Hey- canes-I'm in your neck of the woods-can you tell me where you are finding '04 Z06's (not CE) for $2. So far the lowest I've found was $43.5. Are you looking out of state? Would appreciate an answer as I'll be looking to close a deal on an '04 within the week.
Melting Slicks
Joined: Nov 2003
Posts: 2,155
Likes: 56
From: Escondido CA
Re: z16 vs. Z06 (canesfins)
i like the Z16 color-buy what ya like-actually my 01 is QS and i like it too,especially when i bought it a yr ago for $36k with 4400 mi on it..
have fun drive it-don't waste time on investment thinking-buy property if you are concerned about investment-not a car.... 
:flag
have fun drive it-don't waste time on investment thinking-buy property if you are concerned about investment-not a car....
:flag
Thread Starter
Pro
Joined: Jan 2004
Posts: 595
Likes: 0
From: Plantation Florida
Re: z16 vs. Z06 (hiyield)
Well I was going to purhase from Monica and she would meet Les Stanford's Z06 sales price. What you might want to do is see if Les Stanford's $11,500 off is advertisedo n his website, then take it to Lou Bachrodt, they seem most willing to dea.
Instructor
Joined: Feb 2004
Posts: 203
Likes: 0
From: Orlando FL
Re: z16 vs. Z06 (hiyield)
Hey- canes-I'm in your neck of the woods-can you tell me where you are finding '04 Z06's (not CE) for $2. So far the lowest I've found was $43.5. Are you looking out of state? Would appreciate an answer as I'll be looking to close a deal on an '04 within the week.