Used 2002 Chevrolet Corvette Z06

Pros & Cons

  • Ultra-high performance, daily-driver livability, bargain sticker price.
  • Some low-grade interior pieces, can't get the Z06 in a coupe or convertible.
List Price Estimate
$7,794 - $16,575

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Edmunds' Expert Review

Stunning performance for less than $50,000. Need we say more? If bang-for-the-buck is your priority, look no further than the awesome 2002 Z06.

Vehicle overview

Nearly 45 years after the 1953 Corvette debuted, Chevrolet introduced the fifth-generation Corvette for 1997. Since then, it has gained a reputation as one of the premier sports cars in the world.

Much of that reputation stems from the standard LS1 V8 under the hood. Rated at 350 horsepower and 360 pound-feet of torque (375 lb-ft with the manual transmission), this engine unleashes effortless power at any speed. Equipped with the standard four-speed automatic transmission, the Corvette will hit 60 mph in a shade over 5 seconds. Opt for the six-speed manual transmission, and you'll cut almost half a second off the trap time. To help rein the power in on slippery surfaces, acceleration slip regulation (traction control) is standard equipment.

Last year saw the introduction of the ultra-high performance Z06 model. With 385 hp, race caliber brakes, and a lightweight chassis, it was one of the fastest, lightest and stiffest Corvettes ever to leave the factory. This year, the Z06 roars with 405 horsepower and 400 lb-ft of torque from its LS6 V8 in addition to a retuned suspension and a standard head-up display. With that kind of power on hand, expect 0-to-60 times in as little as 4 seconds and quarter-mile passes finished off in 12.5 seconds. Manhole cover-sized four-wheel-disc antilock brakes keep stopping distances short, while massive 17-inch front and 18-inch rear tires contribute to prodigious amounts of road grip. Standard on all Corvettes is a second-generation Active Handling System (AHS), which keeps the Corvette in line even if the driver isn't.

Inside, large analog gauges and well-placed radio and climate controls greet passengers. Luggage space beneath the coupe's rear hatch glass is a healthy 25 cubic feet, more cargo room than any Corvette in history and more than most sedans.

Yes, the Corvette is an outstanding sports car and competes favorably with the best in the world. With more than 400 horsepower, the 2002 Z06 lands the Corvette in some very exclusive territory populated by the likes of Ferrari, Porsche and Lamborghini -- not bad considering that it sells for less than $50K. Don't let the fact that the C5 will swallow two golf bags sway you into thinking this is a gentrified sporting coupe. The 2002 Corvette is one of the best true sports cars you can buy at any price point. Ladies and gentlemen, start your engines.

Read our Chevy Corvette Z06 Long-Term 20,000-Mile Test

2002 Highlights

The track-ready Z06 model gains more power and performance. Electron Blue replaces Navy Blue metallic on the color palette, while Dark Bowling Green metallic gets dropped.

Consumer reviews

Read what other owners think about the 2002 Chevrolet Corvette.

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Most helpful consumer reviews

Red Rocket
sdz06,06/01/2009
I've owned this car since new. It is the second Corvette that I've owned. The car is extremely fun to drive, handling and acceleration of this car exceeds most driver's abilities. The ride is surprisingly good for such a high performing sports car.
My Red Rocket Toy
Chuck,03/08/2007
I bought this 2002 Z06 in Oct. of 2001 and it gets just under 2000 miles a year put on it and is garaged whenever it is not driven. It has been in the rain twice and never in snow. This was a dream car for me for a long time and I love just about everything in any category with this car. It is a blast to drive for both power and handling! And the fuel economy really impresses me for an engine with 405 horsepower. This car will be in my family for a long time!
Daily sports driver
FN Lawyer,08/30/2004
After owning 2 Porsche Carreras in a row, it was with great reluctance that i viewed the Z06 as an alternative. Yet, the press kept heralding its performance prowess, and new found reliability. Went to a dealer for a test drive, my mistake. How could it actually better a Carrera? Well, after 2 years, it simply does. It still hangs tight, no chassis noises, brakes better, accelerates and outcorners better, and i still can't believe the gas mileage. No, it doesn't enjoy same interior design and quality, what a shame, wouldn't mind paying an extra 2k for them. Yet, it's roomy and more comfortable than it seems. I don't think i'll be going back to Porsche.
ZO6 Corvette, 405 HP
Dueclaws,04/10/2002
In one word: AWESOME! Prior to owning this ZO6, I've driven Porsches (most recently), BMWs, Jags, etc. The Porsche was a nice car and I "thought" it was fast. But, the ZO6 just demolished that idea. This car is incredibly fast, great handling, and at the same time it's easier to drive than all of my previous (14) sports cars! Here's the real clincher: my wife absolutely loves the ZO6 and drives it more than me!

Features & Specs

MPG
17 city / 26 hwy
Seats 2
6-speed manual
Gas
405 hp @ 6000 rpm
See all Used 2002 Chevrolet Corvette Z06 features & specs
More about the 2002 Chevrolet Corvette

Used 2002 Chevrolet Corvette Z06 Overview

The Used 2002 Chevrolet Corvette Z06 is offered in the following styles: Z06 2dr Coupe (5.7L 8cyl 6M).

What's a good price on a Used 2002 Chevrolet Corvette Z06?

Shop with Edmunds for perks and special offers on used cars, trucks, and SUVs near Ashburn, VA. Doing so could save you hundreds or thousands of dollars. Edmunds also provides consumer-driven dealership sales and service reviews to help you make informed decisions about what cars to buy and where to buy them.

Which used 2002 Chevrolet Corvette Z06s are available in my area?

Used 2002 Chevrolet Corvette Z06 Listings and Inventory

Simply research the type of used car you're interested in and then select a prew-owned vehicle from our massive database to find cheap used cars for sale near you. Once you have identified a used or CPO vehicle you're interested in, check the AutoCheck vehicle history reports, read dealer reviews, and find out what other owners paid for the Used 2002 Chevrolet Corvette Z06.

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap used, or certified pre-owned (CPO) 2002 Chevrolet Corvette Z06 for sale near you.

Can't find a used 2002 Chevrolet Corvette Corvette Z06 you want in your area? Consider a broader search.

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Should I lease or buy a 2002 Chevrolet Corvette?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

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Check out Chevrolet Corvette lease specials