To Buy, Or Not To Buy .... 2005 M6 Coupe
#1
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To Buy, Or Not To Buy .... 2005 M6 Coupe
Looking for a little feedback....
I have been Corvetteless now for about 8 years while I put my daughter through college and grad school. Now that she is "off the payroll" my wife has given me permission to buy a Corvette. I have a max of about $20K to spend. So I am looking primarily at C6 options.
I have an opportunity to buy an excellent condition 2005 Magnetic Red/Cashmere M6 coupe w/ 60K miles at what I think is an incredible price (under $16k). It is 1SB but no Z51 or dual roofs. I can buy this one and have additional money for upgrades (performance & appearance) to my liking. Or should I wait and find a later model with the extra money?
I've read about most the 2005 typical issues, but figure that with the mileage most of these are either fixed or won't show up. I love the Magnetic red and interior combination. I know who has owned the car before. The carfax is clean. The car will be thoroughly gone through before I have to commit. What am I not thinking about? All opinions appreciated!
Here are a couple of cell phone pictures ......
Thanks for taking the time to look!
I have been Corvetteless now for about 8 years while I put my daughter through college and grad school. Now that she is "off the payroll" my wife has given me permission to buy a Corvette. I have a max of about $20K to spend. So I am looking primarily at C6 options.
I have an opportunity to buy an excellent condition 2005 Magnetic Red/Cashmere M6 coupe w/ 60K miles at what I think is an incredible price (under $16k). It is 1SB but no Z51 or dual roofs. I can buy this one and have additional money for upgrades (performance & appearance) to my liking. Or should I wait and find a later model with the extra money?
I've read about most the 2005 typical issues, but figure that with the mileage most of these are either fixed or won't show up. I love the Magnetic red and interior combination. I know who has owned the car before. The carfax is clean. The car will be thoroughly gone through before I have to commit. What am I not thinking about? All opinions appreciated!
Here are a couple of cell phone pictures ......
Thanks for taking the time to look!
Last edited by MacA1979; 09-13-2018 at 02:24 PM.
#2
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Sorry for the dual pics. Been a while since I last posted pics here. I'll try to figure out what I did wrong.
#3
Le Mans Master
Nothing wrong with a clean 2005. Any problems or recalls are surely handled at 65000 Miles. Jump back in and spend that extra money on mods.
#4
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The 2005 Corvettes had alot of electrical issues among others. I bought one new in 2004. Ended up being a GM buyback. All due respect to 2005 owners who have had good luck, but If I were you, I would spend closer to your $20,000 budget and get a newer, lower mileage car.
#5
Love the color! I have the same.
I'd go for more bolt-ons already included. You pay pennies on the dollar when the mods are already installed on the car for sale. $4k really doesn't get you a lot from stock. Full exhaust and a tune already uses more than half that leftover cash.
I'd go for more bolt-ons already included. You pay pennies on the dollar when the mods are already installed on the car for sale. $4k really doesn't get you a lot from stock. Full exhaust and a tune already uses more than half that leftover cash.
#6
Retired & lovin' it!
I've owned an '05 since new & despite the naysayers, it's been strong & reliable all these years. The only repair I've had to make is replacement of the vent valve solenoid, which was an easy DIY fix. As long a the one you're looking at has a clean Car Fax & a good maintenance record, then go for it!
#7
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I have 05 with no complaints, it's my daily driver, and it's load to drive, been thinking of upgrading, but not going to, I made it mine, and I'll keep it while longer.
#8
Advanced
My '05 was more than reliable and a pleasure to drive and own; in 9 years of ownership, the only items I replaced were the harmonic balancer ($1100) and steering wheel lockout switch (preventative - DIY). Before you buy, check for harmonic balancer wobble and/or squeek.
#9
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I'd say "Go for it".
#11
Pro
If it was an auto, I'd say no, since the 2006 got the 6 speed. But the only thing I don't like about the 05s is the steering wheel. It's one of those things I can't unsee in the interior. Especially since you will be using it 100% of the time while driving the vehicle. But for under $16k, sounds like a good deal.
#15
Not without history on the car. I had none and met some $$ bills early on that were not expected. Balanced 1 week after taking over, radiator 6 months later, Tpms twice,...she’s an exceptional ride now but the road to now has been a bit rough at times. I would go newer. Steering wheel is best feature bar none
#16
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Looking for a little feedback....
I have an opportunity to buy an excellent condition 2005 Magnetic Red/Cashmere M6 coupe w/ 60K miles at what I think is an incredible price (under $16k). It is 1SB but no Z51 or dual roofs. I can buy this one and have additional money for upgrades (performance & appearance) to my liking. Or should I wait and find a later model with the extra money?
I have an opportunity to buy an excellent condition 2005 Magnetic Red/Cashmere M6 coupe w/ 60K miles at what I think is an incredible price (under $16k). It is 1SB but no Z51 or dual roofs. I can buy this one and have additional money for upgrades (performance & appearance) to my liking. Or should I wait and find a later model with the extra money?
I bought a 2005 MN6 MagRed/Cashmere about two years ago (48K at the time). I think was a DD, all normal maintenance appeared to have been done. I did the following over the two years, changed all fluids, MGW shift, Black halo (wrap), new HUD (sun damage), new end links, 2012 steering wheel, GM black race spoiler, new transparent top (wrapped the old one one black on the inside), carbon fiber wrap on the center console and Corsa Sport Exhaust.
IMHO, this car is perfect !!!! and I've got about $3500 into it (I do all my own work). It has 400 hp which is more than enough for the street and my skills. Its a bit too electronically controlled for my taste, but not as much as a newer car. I get compliments at the gas stations and the grocery store by car people so I my '05 looks good to at least car people. Yes you can buy a newer C6 (and depending on the price might be a better buy), but I love my '05 and the with a few upgrades I think its better than most c6's.
My advice, look at the cost for what you might want to do to the car versus a newer model and its cost. IMHO, absolutely nothing wrong with a 2005, I would not want different model. Remember, if you have the work done for you, the labor costs/parts on Corvette's are high, in which case you might be better off with a newer car.
Last edited by Dutch08; 09-12-2018 at 06:17 PM.
#17
Instructor
Its an urban myth that 05s are bad cars. All the other years of the C6 have had their share of quirks and issues too. Most of the problems I have read on this forum are for other years and not 05s. I love my 05 and the steering wheel IMO is a lot better than the Cobalt wheel that they started using in 06.........If you like the car and feel good about it I say go for it.
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owc6 (09-21-2018)
#18
Race Director
The 2005 Corvettes had alot of electrical issues among others. I bought one new in 2004. Ended up being a GM buyback. All due respect to 2005 owners who have had good luck, but If I were you, I would spend closer to your $20,000 budget and get a newer, lower mileage car.
#19
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Again, thanks for all the replies! I do most of my modifications, so at least I can keep the labor costs down. Once I have it checked over I will know better if I want to proceed with the purchase. If this one doesn't work out there will be others!! I have always enjoyed the search process though!
I'll keep you posted!
I'll keep you posted!