Good idea...or Great idea?

The time has finally come for me to get a new weekend/autocross/track day car. I was in high school when the C5 first came out in 1997, and I was instantly in love with it. Of course, the car was nowhere near my financial means at the time. But with time and depreciation, they are now firmly within my grasp. A decent low-mileage example can be found in my area for about $16,000-$17,000, with Z06 examples going from about there to $20,000. I’d go so far as to say that it’s one of the relatively few “dream cars” I’ve had that is easily attainable at this point in my life.

I’m putting together a list of pros and cons, trying to figure out if this is a wise choice.

Pros:

  • Proper FR layout.
  • Great performance for the price.
  • Very good reliability for a higher-end sports car.
  • Civil enough road manners to be driven daily should the need arise.
  • Relatively good fuel mileage if I can go easy on the gas pedal.
  • LS motors can be built to epic proportions, and with relative affordability.

Cons:

  • Not very practical if I do decide to use it more regularly.
  • Tires are going to get expensive.
  • Insurance costs will go up significantly.
  • Fiberglass body panels often mean replacement rather than repair.
  • Interior quality on par with the Chevy Cavalier I actually had in high school.
  • Probably going to be a ticket magnet.

So, with that said, I ask my trusted peers here on OppositeLock if this is indeed something I should move forward with. I’d probably be on the lookout for a Z06, but I can’t imagine that I’d pass on a base model for the right price.