trade a mint 360 F1 Spider for a 2015 Corvette ZO6

I would, but I'm not a convertible guy a 6spd '99 360 coupe, though, and the decision becomes tougher...

 

NO, 6 months from now the Ferrari will be worth about the same, the Z will have lost 30%

 

That would be stupid IMHO. Its like trading a Rolex for the latest and greatest Casio.

Look at z06' that are the same age as the 360. 01' 360 is $70k+ car. 01' z06 is a $15-20k car. Constant value asset for a depreciating value asset? Sounds like a 100% guarantee of loosing money. Unless that's factored in..

 

...unless (and this is a BIG caveat), the Z06 was intended for an immediate flip and profit.

From the perspective of money, I think its a weak trade.

 

The money issue aside, the Z06 is still a Chevy.....the 360 is a FERRARI!!

 

For the track. Why else?

 

I think it all depends on what you want to do. If you want blistering performance then the choice is easy. If you want to look at a piece of moving art and feel special when you drive then the choice is equally easy to make.

I agree that the 360 is most likely fully depreciated and you will lose less money over the long haul owning the F car vs the ZO6. Like most new cars, as soon as you turn the key you take a big hit on depreciation.

I do not think it's fair to compare the absolute worth of an 01' 360 vs an 01' ZO6. If original MSRP is considered than both cars have suffered similar ratios of depreciation with the actual dollar amount of depreciation being much GREATER in the 360. A new 2001 ZO6 was what...$50K?!

I love my F car to death and it is beyond special to me but when I want to experience ridiculous performance I hop in my (race-prepped) ZO6, slap some slicks on and scare the crap out of myself.

I vote for keeping your 360 and picking up a used/depreciated ZO6 in a year or two. Best of both worlds!!!

Good luck with your decision!

 

I actually contemplated trading my 360 Spider for a Z06 and in the end traded it for a mint super low mileage 430. I've owned 8 Corvettes in my life, including a C6 Coupe right now. There is no doubt in my mind that this Z06 is the best Corvette ever made, but I'm going to wait a year for them to straighten out the 8 speed paddle shift, then trade the C6 for that.

 

Yeah, but you are guys aren't factoring in the cost of ownership.... maintenance, F1 issues, etc. ... the Corvette depreciation is probably offset by these factors resulting in it being a wash

On the serious side, the new Z06 is incredible and will run circles around the 360 in every category (as it should with today's technology, etc.), but with today's speed limits, etc., it's not that performance numbers are the be-all-end-all... for me, it's more about the driving experience.... and the F-car wins in this category.

"It's more fun to drive a slow car fast than it is to drive a fast car slow"

 

I don't think it is a silly question. While I wouldn't trade my car I can see the allure. The Z06 is a blast to drive and I have only driven the 06 & 07, the 2015 promises to be a monster.

I would bet that some would. There are many on here looking for more performance, be that turbo or other ways. To them it is a reasonable choice. Not to mention that many F owners have jumped to Lambo and other marks. They change cars like women change shoes.

I tend to find a car I like and keep it for the long run. I often own cars 8 years or more. I am not ready to make the jump but if you are looking for a change it is a good change for a year or two until the next new thing comes long.

 

Agree on experience... and from what I've seen, the performance difference is only visible of you know how to use it. Most owners I've met can mash the pedal in the straight away but can't keep the car on the road on the first turn.

On cost.. a guaranteed depreciation over 5 years and a guaranteed belt change. 2010 Z06' MSRP approx $75k. Average price from KBB (I know) in excellent condition is $40k. So over 5 years the 2010 Z06 depreciated $35k. The Z06 is going to depreciate ALOT more than belt change and incidentals on a 360!

 

A zo6 is a fantastic car that and the gtr is much the same way they both represent extremely high value and are performance juggernauts. That said they are great for track and blasting around town if that's your thing, but mostly track is where they can be stretched out a bit. To me they are not keepers, sure keep them for a while and trade them in before the big depreciation hits. Have some fun with them and then move on to the next fun car. It's not like a Ferrari, where passion stirs the soul and it's something you want to have a look at in the garage in the evening while enjoying a glass of red, how fitting ;-)

 

Come on, the big depreciation is an urban myth, just like the 'first year depreciation'. Cars depreciate at 10% per year on a declining basis. In other words, ALL cars drop 10% per year and it doesn't matter if it is year 1 or year 10. In any given year a 100K car sheds 10k and a 50k car shed 5k.

Sure, there is a tiny variance from the 10% rule and cars bottom out at some point. Plus there are a few that defy the odds but those are pretty much limited editions and even they follow the curve for the first 5-10 years.

 

No disrespect to the Z06 - awesome car, but no way. Of course if you ask the same question on a Corvette forum- I doubt anyone would buy a 360 over a new Z06.

 

No disrespect, but BS

 

+1 ... exactly. We all like what we like. The End.

 

I think it's a good trade. Brand new vs old and out dated. 360's are still falling in price. Z06 will always a command a premium.

 

Why........ Just to make people think you are some 80 year old retired high school football coach. Just kidding, I think..... Sort of like trading a Van Gogh for a jeff koons.

 

I do not know, people are flipping out about the cars lack of top end power. Those videos of the 2015 Z06 losing multiple races to the Hellcat and 2014 Viper did not help things either... I am still trying to figure out why the new Z06 has an advertised top speed lower than my 08 C6...

 

Hmmmm...trade hot, 35 year-old girlfriend for trashy, 22 year-old cousin?

 

I don't think it's a top speed machine. That number is useless in all respects. It's more a track machine. Top speed is nice but few will ever have the nuts to bring a car to those speeds.

 

Yah not accurate based on my experience either.

 

I agree 360s are falling, and I'm not a fan of the early F1-equipped Ferraris. Long term, though, not sure any modern Corvette will retain much value. So... none of the above, if it's a money thing.

The OP needs to decide what he wants - state of the art performance, or a prancing horse on the bonnet.

There are hundreds of new Corvettes here in San Diego, so to me it seems like paying extra for useless levels of performance in a car that you'll see five times on the way to the supermarket. 360 is common by Ferrari standards, but still a more distinctive ride, IMHO.