Guide for the 2001 Corvette

The 2001 Corvette Z06 is an affordable sports car with great performance for everyday use.
Written by Holden Easterbrook
Reviewed by Jessica Barrett
Updated on Mar 23, 2023
Scoring an impressive 4.8/5 on Edmunds, the 2001 Corvette Z06 features a powerful 385-horsepower LS6 V8 engine that doesn’t sacrifice in the areas of daily driveability or affordability.
Energetic, sleek, and sporting a new front grille style—the Corvette Z06 is a great car for enthusiasts, speed demons, and anyone on a budget that still wants a quality vehicle. However, with so many amazing Corvette models available, how are you to know if the 2001 Z06 edition is the one for you?
Thankfully, the
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Ownership costs for a 2001 Corvette

According to CarGurus, the median price of a used 2001 Corvette is $13,766. However, keep in mind that the price can vary greatly based on the condition of the car and trim level.
If you’re currently in the market for a 2001 Corvette, the trim levels on offer are:
  • 2-door coupe—350 Hp
  • 2-door convertible—350 Hp
  • 2-door coupe Z06—385 Hp
Another thing you’ll want to take into consideration is the true cost of owning an earlier corvette model.
Being an older car, a 2001 Corvette will need frequent maintenance to keep it running at peak performance. Even if you don’t experience any major mechanical issues, the regular inspections and part replacements will start to add up.
Additionally, insuring your Corvette will be more expensive than another car of a similar production year because of the car’s nature. Especially in the case of the Z06, owning a sports vehicle automatically flags you as a riskier driver, and that extra insurance risk will be reflected in your monthly bill.

Where to buy a 2001 Corvette

If you’re interested in purchasing a 2001 Corvette, there are several places to check for listings locally, regionally, and nationwide. 
The best place to begin is with
Classic Cars
, but Kelly Blue Book and even Craigslist could turn up a 2001 Corvette in good condition for a reasonable price.
As always, when buying from a private seller, be sure to have your potential new car inspected by a trusted mechanic. If that’s not possible, doing a little research of your own into the
vehicle’s history
should prevent you from accidentally buying a problematic car.

What does the 2001 Corvette bring to the table? 

With the debut of the Corvette Z06 in 2001 came two major improvements in the car’s design:
  • A 385 Hp LS6 V8 engine that could reach top speeds of more than 170 MPH
  • New front fascia grilles for improved airflow to the engine air inlet 

Strengths and weaknesses of the 2001 Corvette

Before settling on the 2001 Corvette as your new car, you’ll need to know the strengths and weaknesses of the model year.

The good: ultra-high-performance

Despite being an older car, the 2001 Corvette can still compete with modern sports vehicles in terms of handling and power generation. With a classic rear-wheel drive and a burly V8 engine, the Z06 model, in particular, has a 0 to 60 acceleration rate of 4.3 seconds.

The bad: low-quality interior 

In an age of neutral leather upholstery and minimalistic cabin designs, the interior of the Z06 can come off as somewhat cheesy and cheap. With its lack of modern comforts, like a digital center console display, this Chevrolet Corvette will not impress as much with its interior as it will with its exterior and performance.

The good: daily driveability

One of the major problems that plague sports vehicles is the sacrifice of day-to-day use for higher performance. Luckily, the 2001 Corvette does an excellent job of straddling that fine line. 
With 24.8 cubic feet of storage space in the standard coupe and an EPA mileage estimate of 18/26 MPG city/highway, the 2001 Corvette is a functional daily car that makes running errands a joy.

The bad: slow kick-down

If you want an automatic transmission over a manual one, you’ll have to adjust to the 2001 Corvette’s kick-down. Unfortunately, the vehicle has a somewhat sluggish kick-down, which can be off-putting to driving enthusiasts and leave you wanting a little more get-up-and-go from an otherwise extremely sporty vehicle.

The good: low purchase price

Of everything mentioned so far, the low purchase price of the 2001 Corvette is one of the best features of this vehicle. For less than $14,000, you can have a car capable of being your to-go means of transportation while still being able to go out for thrilling joy rides on the weekends.

The bottom line—which 2001 Corvette to buy

At the end of the day, the best 2001 Chevrolet Corvette for you will depend on whether you want a sports vehicle or a day-to-day car with some sports capabilities.
If you’re after a fast car with the best performance on offer, you’ll want the Z06 model. With its engine upgrade, you’ll be able to get an additional 35 Hp over the other styles being sold in this make year.
If you want a functional car, the standard coupe will be your best bet. While it does have a slightly lower MPG rating, it has nearly double the cargo space of either the convertible or Z06 models.

How to save money on car insurance for the 2001 Corvette

Coupe, convertible, or Z06—regardless of which style you choose for your new 2001
Chevrolet Corvette
, you’ll need to protect your little piece of automotive history with the best
car insurance
. To find the coverage you need without breaking your budget, all you need to do is download the
The Jerry app is a licensed car insurance broker that saves drivers an annual average of $887 by providing them with only the best quotes offered from a selection of more than 50 insurance companies. 
When all is said and done, it takes less than two minutes to receive your quote options from Jerry and you’ll continue to get new quotes every time you need to renew your insurance. It’s never been so easy to protect your car while saving money, so download Jerry right away!
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