I've driven a few, and would love to have one for a fun daily driver.
Good points:
-Comfy (great ride, low road noise, good seating position)
-Chassis rigidity. To say they're a billion times better than a C4 would still be an understatement. I don't think I ever heard a creak, groan, or pop even from my friend's '02 Vert.
-Good to excellent instrumentation (the HUD and multi-function portion of the dash display is way cool.)
-Excellent, predictable, stable handling even with active handling off
-Neat toys, such as the active shocks/suspension, and the active handling control is fun to play with.
-Reliable powertrain and suspension
-Excellent brakes
-Reasonble power (I find the standards a bit lacking, and the Z06's better, but still need more power)
-Excellent mod potential (turbos, superchargers, naturally aspirated, you name it)
-Ones a few years old and with a few miles are getting very affordable. Heck, a friend recently sold his MINT 14K mile 2001 Z06 for $34K! You can get standard C5's in the 20's now, even mid to low 20's.
Drawbacks:
-low nose, sucks for a good many parking lots.
-looks; a lot of people just can't get to like them. I myself would love to have a Z06 in a coupe body, but alas, no. I could live with the hardtop styling of the Z06 though. I myself like them.
-If you ever need tranny service, have the wallet ready. With the transaxle setup a clutch job is a bit spendy.
-they're EVERYWHERE. Don't expect to stand out.
-Insurance, especially for the younger of us. I'm 24 now. 2 years back I was considering buying a Z06. I was ready to buy until I got the insurance quote back-- Even with no tickets/accidents I was quoted $4800/year!
I expect a sizeable price drop after the C6's come out and everyone rushes to have the "latest and greatest."
Maybe next year after the C6 is out and I'm 25 I'll make my move and pick up an excellent condition <20K mile Z06. The '65 396 Roadster could use some company in the garage.
