Clutch & entire hydraulic system failed @ 120 miles, took 3 weeks to get parts & replace -- UNACCEPTABLE -- and GM screwed up my paint & interior with grease when it was in the shop.
Rear diff leak x 3
Bad coupe targa top seals
AC went out, had to be replaced
Navigation locked up & fried, had to be replaced
Driver's seat wear within 3,000 miles.
Fun to drive, but a real pain to keep on the road
GM Customer Service is nonexistent -- "MR GOODWRENCH" is a joke. This is my 3rd & last GM, my 2nd & last Corvette. What a shame -- one of the nicest looking & best bang-for-the-buck cars on the road, and the dealer support is horrendous. I went round & round with GM to get simple warranty repairs done. These cars also depreciate like rocks. NEVER AGAIN!!! My next car is going to be a Lotus Elise.
A lotus? If you think gm is bad, wait till lotus parts take an eternity to arrive. If it has to be lotus, get an exige. I guarantee it will be more fun than a vette!
Even the elise would be for that matter. Not as much power as a vette, but real drivers know that doesn't matter.
Stick to imports. Domestic cars suck and lose a lot of value.
I have a 95 Camaro Z28 LT1 and that thing only has 70K miles on it. So far, I re-placed both sides power window motors. ABS light comes on and stays on. Lifters are ticking and it rattles a lot. This is my first ever American made car and LAST, and I swear I would never buy another american made car again.
Corvettes are very nice cars, but they will lose $20,000 to $23,000 in couple of months. GM, Ford and other american car companies lack the technology that Japan and European have. American's are still stuck in the 70's. It took GM very long time to replace their 3.5L engine.
Regarding re-sale value, I respectfully disagree with the folks commenting here. Check out the price of a 5 to 7 year old Porsche Boxster. The Corvette (similarly priced when new) retains much more of its value. The info is just a click away.
Side note: I purchased my first domestic car (a Mustang GT) about a year ago. So far, I'm pleasantly surprised. While it definitely has its flaws, it's also infinitely more reliable than my RX8, less costly to maintain than my Boxster, and more entertaining than my Z3. I'm not tying to import bash... just dispelling some myths about the "home team".
I agree with the second poster. American cars have closed the gap that existed 15 to 20 years ago. Porsches lose tons of value in just a few years because of a major engine design flaw that afflicts all Boxsters and most 911's, except for the Turbo and GT3. BMW also had major engine flaws in their M3's and M Roadsters in the 2001-2003 models. Audi? Crap.
You don't hear much about catastrophic engine failures in Corvettes or Mustangs or some of the other American performance cars.
I've had both import and domestic and currently have older Porsches. But, when its time to replace them, I am probably going with a Corvette. Granted, their interiors are a little on the cheap side, and that's a big one. But, performance and reliability wise, they are at or above Euro levels. As for Japanese, they really don't have any cool performance cars, save the new GTR from Nissan. I don't' much care for the 350Z...