Opinions, Mod 2011, Buy 2020 Z28 or 2020 base model vette

[Welker2]

Originally Posted by Capster78

Just curious what some would do in my position. Lets say you had the following choices.

- Keep 2011 2SS (25k miles), put $20-30k into modding it, probably supercharged with boltons. (paid off, have title)

Positives: No car payment, reduced insurance payment (don't need to carry full coverage).

Negatives: No warranty, daily driven, prone to mechanical issues due to age / aftermarket modification.

- Trade 2011 SS in with a 20k down payment on a 2020 Z28 fully loaded.

Positives: Full factory warranty, fast off the showroom floor, being the first owner...brand new..

Negatives: Car payment, full coverage insurance..

- Trade 2011 SS in on a mid range - base model 2019 / 2020 Corvette w/ 20k down

Positives: Full factory warranty, fast off showroom floor, being first owner, cool factor, nearly the same price as a fully loaded Z28.

Negatives: Car payment, full coverage insurance, speeding ticket magnet, even higher insurance.....

Opinions? What would you do...

If you it's within your budget, go with the 2020 mid-engine C8 Vette (2019s are C7s). As far as it being a ticket magnet, I would argue your Camaro is a bigger one. I've had several Corvettes over the years and currently own a 2006; I drive my vehicles like I stole them and over the last 3+ decades have only received 2 tickets in Corvettes. Now, I've owned my 2013 Camaro since new and my driving habits in it are the same as they are in my Vette, yet I've received 3 tickets in it over the past 7 years.

[Greenhornet2]

I don't think a modded SS Camaro will ever be worth 5k unless it was wrecked or falling apart. These cars hold value when they are taken care of.

[Capster78]

Originally Posted by Greenhornet2

I don't think a modded SS Camaro will ever be worth 5k unless it was wrecked or falling apart. These cars hold value when they are taken care of.

Yeah, I drive probably 12-15k miles a year, by the time I retire that means my Camaro will have 150-175k miles on it if I keep it that long.

How much do you think a heavily modded, roughly driven, 20 year old Camaro with 150k-175k miles on it would be worth?

[Cyber10]

Personally I'm planning on buying the mid engine vette. Seems like you get a lot for the price with that car, plus it will give me something new to mod.

Not sure when I'll get one though, I still enjoy my Camaro so I may wait a couple of years just to see what how the mid engines do overall.

[silversleeper]

Spend now or save money for retirement, that is an ongoing balance in life.

[15RS2NV]

Knowing what you meant by 2020 Z28, i went with that as my vote and here's why:

- You have all the performance and still covered by factory warranty (peace of mind)
- The money you would've used to upgrade the 2011 can go toward paying this down
- While the curved hoods and fascia look too much like Mustangs, you'll be the first owner and will know everything has been taken care of the right way (more peace of mind!)

[Dogmeat]

Blah blah blah blah...….

[MrChrisLS3]

Originally Posted by Capster78

No, the other thread was about mod'ing the car I have, I didn't introduce the possibility of purchasing a new car. Someone did bring up the idea of buying a Z28 / ZL1 but at the time, I didn't think it made a lot of sense until I found out that I was going to be getting a sizeable tax return this year. It began to appeal to me more because before, without a sizeable down payment, the monthly payments were going to be more then I wanted to pay. With this tax return and savings I currently have, it makes buying a brand new car affordable for me. Now that it is affordable, the factory warranty and reliability (seeing its a daily driver) of a new car is quite appealing. I threw the Z28 / ZL1 option in there as a 3rd viable option, but I absolutely LOVE the way Corvette's look. So If I decided to buy a new car I would probably go the Corvette route, but a ZL1 would also be tempting.

That is the part to focus on really:

$20-$30K in mods on a 2011 SS? Depending on what you're looking to do, that may not be a dream to drive on a daily basis. Not to mention that not only are you out of warranty, but your reliability goes down tremendously, and the cost to fix goes up tremendously. If we were talking about a weekend toy, it would be different.

2019 Corvettes are heavily discounted right now. So this is a good time to get one. The caveat is how is your weather? A Corvette, of course can be driven in the bad stuff, but it's difficult. My suggestion would be to hold back some of the down payment money and buy a little $4-$5k cash car as the 'winter beater'.

A new ZL1 could run a little more than a base Corvette, at the moment. Performance wise it falls somewhere between the base Corvette and the Z06.

[Capster78]

Yep, I think I decided on going the Corvette route. I think the biggest decision decider for me is this will probably be the last car I'll ever own. When I retire in 10 years I'll be relocating to the Philippines where the best way to travel is to just use public transportation. The other consideration is the need for a reliable daily. I can accomplish both, having fun driving and having a reliable vehicle if I purchase the 2020 or 2021 vette.

Thanks for the input!

[Hulk]

Your car, your choice. What is your inner voice saying?

I modded my 2011. CAI, ported throttle body, rod mod intake, CNC ported heads, VVT-3 cam, headers, exhaust, New tires and wheels. I LOVE IT. Nothing like the potato, potato, potato every time I sop at a light or stop sign. Puts a smile on my face every time! My buddy pulls in to the local cruise night in his Z06 and turns a few heads. I pull in loping around and everybody turns to look.

[102SS]

I voted to buy the 2020 Z/28 that's going to be one rare car as a 1 of 1

[2010reddevil]

Originally Posted by Capster78

Yep, I think I decided on going the Corvette route. I think the biggest decision decider for me is this will probably be the last car I'll ever own. When I retire in 10 years I'll be relocating to the Philippines where the best way to travel is to just use public transportation. The other consideration is the need for a reliable daily. I can accomplish both, having fun driving and having a reliable vehicle if I purchase the 2020 or 2021 vette.

Thanks for the input!

I beg to differ, best way to travel there is via 2 wheels. Public transportation there sucks horribly and driving a car is a huuuuge waste of time. I lived there for a yr and a half, know about it all to well...... LOL.

[Capster78]

Originally Posted by 2010reddevil

I beg to differ, best way to travel there is via 2 wheels. Public transportation there sucks horribly and driving a car is a huuuuge waste of time. I lived there for a yr and a half, know about it all to well...... LOL.

That's the best way to travel there if you want to be run over by a large Jeepney or some other kind of commercial vehicle. There really is no "good" way to travel in the Philippines. But the worst way to travel is to be in the drivers seat having to fight everyone else on the road for dominance in what ultimately will result in you (as the foreigner) stuck with the bill if an accident occurs no matter who's fault it is. So, I stand by my statement. Public Transportation, while slow and potentially dangerous, is still the best way to go in the Philippines. It's going to take you an hour to travel 15 miles whether your driving or are a passenger. Id rather be a passenger.

[davidscamaro]

2013 zl1 , and always have fun