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If your budget is $40,000 tops, get a used 2008/2009 coupe, 1LT, Z51, MZ6, NPP car. It will fit in your budget, and you'll be glad that you did.
Although mine is not a Z51 and Im still very happy with the ride. The only options I consider an ABSOLUTE MUST is NPP. The dual mode exhaust w/ M2W is too CL. Also, the interior of the 08 and up is head and shoulders above the earlier models.
Thanks all for the comments and suggestions. I personally ain't too worried about finding an NPP car cause one of the first mods is Kooks or American Racing Hedders and a nice sounding cat back.
SEARCH the forum sponsored dealers or look up the big boys from the net. A New LT1 6m non Z51 can easily be had for under $41000. To get Z51 shouldn't be but a hair more. BUYERS MARKET !!!!!!!