What to get: 2006 Z06 or 2006 911 S?

[BigPlay]

Given the same variables (over 25 years of age, no accidents, daily driver...) Insurance for the Corvette is about $1600.00 per year.  For the Porsche 911, it is around $1900.00 per year.

It will vary between states.

not according to what the internet has to say about cost of ownership over 5 years in regards to  insurance cost.

[Masherbrum]

Yep, and there are plenty of small shops (far more than those that work on Porsche) who will work on the Corvette for far less than a GM dealership as well.

No matter how you slice it, long term costs of ownership for a Porsche will be higher than a Corvette.

It does not make either marque better than the other.  It is just simple economics.  Parts costs more for a Porsche.  Labor costs more.  It is the cost doing things with finesse versus a sledge hammer.

EDIT:  Between the 2009 Porsche 911 and the Corvette, the cars are expected to lose about 57% of their value over 5 years.  They are within a couple of percentage points of each other.  One day the Porsche is at 56% and the Corvette is at 58% and the next day it reverses.  It's a wash in terms of depreciation.  Of course the Porsche starts out at around $75,000 versus the Corvette's $50,000.

Out of pocket depreciation, the Porsche will cost quite a bit more.  Roughly $35,000 to the Corvette's $20,000.

Given the same variables (over 25 years of age, no accidents, daily driver...) Insurance for the Corvette is about $1600.00 per year.  For the Porsche 911, it is around $1900.00 per year.

It will vary between states.

Correct.  Most Corvettes are cheaper on insurance than a Mustang GT.   BigPlay, there is no way in hell a Porsche is cheaper to maintain or insure than a Corvette and the GT Series has not one thing to do with it.

[Masherbrum]

2009 porsche 911

                 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5       5 YR TOTAL
Depreciation  $7,853 $7,041 $6,545 $6,351 $5,982       $33,772
Financing       $4,160 $3,360 $2,480 $1,558 $556         $12,114
Insurance       $1,938 $1,938 $1,938 $1,938 $1,938      $9,689
State Fees     N/A N/A N/A N/A N/A N/A
Fuel             $2,135 $2,364 $2,618 $2,898 $3,209         $13,225
Maintenance   N/A $304 $1,728 $31 $1,476 $3,539
Repairs           N/A N/A N/A $734 $1,622 $2,356
Cost Per Year $16,086 $15,008 $15,309 $13,511 $14,782 $74,695

2009 corvette

Depreciation    $18,607 $8,547 $7,323 $8,586 $8,396 $51,459
Financing          $5,548 $4,482 $3,307 $2,078 $741 $16,156
Insurance         $2,437 $2,437 $2,437 $2,437 $2,437 $12,183
State Fees        $198 $155 $148 $134 $129 $764
Fuel                 $2,706 $2,996 $3,317 $3,673 $4,067 $16,759
Maintenance     $179 $219 $2,412 $650 $2,632 $6,093
Repairs N/A N/A $107 $231 $254 $592
Cost Per Year $29,674 $18,836 $19,051 $17,789 $18,655 $104,006


There is almost a $30,000 difference that proves my point. I would imagine that the amount increases  the older the car gets.

BS.   Only if your driving habits are terrible.   A C3-5 wouldn't even cost that much to "maintain" over 5 years, let alone a C6.

[Skuzzy]

Not sure what Corvette he is looking at.  I found the site he is using and here is the 2009 Corvette numbers they have.

Depreciation	$4,752	$4,002	$3,464	$4,099	$4,055	$20,372
Financing	$2,476	$2,000	$1,476	$927	$331	$7,210
Insurance	$1,548	$1,548	$1,548	$1,548	$1,548	$7,741
State Fees	$127	$94	$92	$84	$82	$479
Fuel	$2,221	$2,459	$2,723	$3,015	$3,338	$13,756
Maintenance	$165	$205	$1,286	$410	$1,382	$3,447
Repairs	N/A	N/A	$107	$231	$254	$592
Cost Per Year	$11,289	$10,308	$10,695	$10,314	$10,991	$53,598

Seems to me if you are comparing a base 911, you should be comparing a base Corvette as well, as they are very similar in performance.

[Masherbrum]

Not sure what Corvette he is looking at.  I found the site he is using and here is the 2009 Corvette numbers they have.

Depreciation	$4,752	$4,002	$3,464	$4,099	$4,055	$20,372
Financing	$2,476	$2,000	$1,476	$927	$331	$7,210
Insurance	$1,548	$1,548	$1,548	$1,548	$1,548	$7,741
State Fees	$127	$94	$92	$84	$82	$479
Fuel	$2,221	$2,459	$2,723	$3,015	$3,338	$13,756
Maintenance	$165	$205	$1,286	$410	$1,382	$3,447
Repairs	N/A	N/A	$107	$231	$254	$592
Cost Per Year	$11,289	$10,308	$10,695	$10,314	$10,991	$53,598

So he's "doubling that websites numbers" to justify the purchase of the Porsche?   Because this is what it seems like now. 

[Skuzzy]

Ok, he is comparing the base 911 to the Corvette ZR1.  Here is the 911 Turbo Coupe numbers, which should be used when comparing to the ZR1.

The base 911 and the base Corvette compare favorably in terms of performance.

These are the 911 Turbo Coupe numbers.
---------

Depreciation	$20,799	$10,510	$9,878	$9,526	$9,032	$59,245
Financing	$7,052	$5,696	$4,203	$2,641	$942	$20,534
Insurance	$2,437	$2,437	$2,437	$2,437	$2,437	$12,183
State Fees	N/A	N/A	N/A	N/A	N/A	N/A
Fuel	$2,360	$2,613	$2,893	$3,204	$3,547	$14,617
Maintenance	N/A	$304	$2,034	$31	$1,782	$4,151
Repairs	N/A	N/A	N/A	$770	$1,700	$2,470
Cost Per Year	$32,148	$21,560	$21,445	$18,608	$19,439	$113,200

[Masherbrum]

I do not know where those numbers came from.  The total depreciation is more than the base Corvette costs.  He shows a 2009 Corvette and those numbers are not for a base Corvette.

I should think a base 911 and a base Corvette would be as close to apples-to-apples as you can get between the two models.

Exactly.   My guess is he's comparing a base 911 with a Z06 or better yet, a ZR1.   

[Skuzzy]

I edited.

[Masherbrum]

I edited.

    Too funny Skuzzy, saw those numbers.   Yep, the Vette is cheaper, regardless of what BP says.   

[BigPlay]

Not sure what Corvette he is looking at.  I found the site he is using and here is the 2009 Corvette numbers they have.

Depreciation	$4,752	$4,002	$3,464	$4,099	$4,055	$20,372
Financing	$2,476	$2,000	$1,476	$927	$331	$7,210
Insurance	$1,548	$1,548	$1,548	$1,548	$1,548	$7,741
State Fees	$127	$94	$92	$84	$82	$479
Fuel	$2,221	$2,459	$2,723	$3,015	$3,338	$13,756
Maintenance	$165	$205	$1,286	$410	$1,382	$3,447
Repairs	N/A	N/A	$107	$231	$254	$592
Cost Per Year	$11,289	$10,308	$10,695	$10,314	$10,991	$53,598

Seems to me if you are comparing a base 911, you should be comparing a base Corvette as well, as they are very similar in performance.

Z1r, that model seems to be what everyone wants to talk about. There are too many 911 models to compare so I went with standard 911, still depreciation is huge when it concerns the corvette.

[Skuzzy]

Well, the ZR1 is $103,000, while the 911 Turbo Coupe is $130,000.

The overall depreciation of the ZR1 is more than than the initial cost, while the 911 Turbo Coupe is about 86% of its cost.  At that level the Turbo Coupe shows to be a slightly better deal than the ZR1.

However, the situation is flipped at the base level of the two models.


My choices to compare are to chose the models whose performance are a good match.

Z1r, that model seems to be what everyone wants to talk about. There are too many 911 models to compare so I went with standard 911, still depreciation is huge when it concerns the corvette.

You chose to compare the cheapest 911 Carrera Coupe to the most expensive Corvette.  That's just nonsense.

The base Porsche 911 Carrera and base Corvette are very nearly the same in depreciation percentages.
-----------------------------

By the way, that WEB site you are using does not have realistic numbers for many things.  Compare what they claim for resale value, to what the models are actually getting.  Puts a bit of a ding in their credibility.

[5PointOh]

You know, I would never have figured Skuzzy for a car guy...

[BigPlay]

This should sum it up. There are different cars for different people and no 1 car meets all the criteria that all people want. Many say the ZR1 has it all over the competition but there is more to owning a car then performance and cost alone. All of these cars have something to offer over the other. To me owning a Corvette even the ZR1 doesn't do it. I doubt that anyone of us would ever get to use all of what any of these cars have to offer  performance wise so from that aspect performance on this level is rather mute. They were all very close on all of the trials that were performed on the test track. I don't think there was 2 seconds difference on lap times within the group. For me if I was going to get my dream car. I would need something to remind me daily that this in fact is my dream car. I don't want to see it rolling down the street everyday right next to me and that's one reason I would not pick the Corvette. But as stated.... everyone has different criterias for owning a car.



War of the Worlds: ZR1 vs GT2 vs 599 vs GT-R.  Motor Trends Test


The Dust Clears

So? Who wins the War of the Worlds? For sure, each car in this field qualifies as a superstar. The Nissan GT-R delivers 21st Century electro-wonder and shattering performance at a base price ($77,840) that borders on the unbelievable. The Ferrari 599 GTB Fiorano offers succulent styling, shameless hedonism, peerless refinement, and speed and handling matched only by a handful of cars on the planet. The Porsche GT2, which Theys dubbed "the raciest in the bunch," churns out effortless speed (the variable-vane twin-turbo engine feels naturally aspirated, so smooth is its power delivery) and seems utterly bulletproof. You know you could hammer on it all day long and it would never complain. The ZR1 has a few glaring flaws -- including a fade-into-the-traffic-flow exterior and a cockpit lacking almost any signs of flying first-class -- yet by nearly every objective measure (and most subjective ones, too) this new Chevy expands the performance envelope for premium supercars. And at a fraction of the price of the European thoroughbreds. In the supercar realm, the 2009 Chevrolet Corvette ZR1 rules.

America still sucks at the castle thing, though.


First Place: Chevrolet Corvette ZR1

Class-shattering power, race-car handling grip, monster brakes, and sweet control inputs leave even the bluebloods in this Chevy's wake.


Second Place: Ferrari 599 GTB Fiorano

Costs huge, but delivers huge, too. Still one of the planet's finest sports cars. And when it comes to sex appeal, forget it: The Ferrari is the only one you'd choose for a date with Gisele Bundchen.



Third Place: Porsche GT2

The Rolex of sports cars: brilliantly engineered and bulletproof. Unreal speed, hellacious grip, and superb controls -- everyday drives become laps at Le Mans.



Fourth Place: Nissan GT-R

That a machine this incredible finishes fourth shows you how spectacular the other three really are. At the price, nothing comes close. And if you think Nissan is resting on its 480-horsepower laurels, stay tuned for Act II: GT-R V-Spec.

[Reaper90]

Oh really..... is Ferrari interested in anything but F-1? Hell NO ! Is Porsche interested in American LeMans series, NO ! Not too many of the racing community is. CanAm road racing was the last true road racing venue that was worth a hill of beans. Not that being said the American LeMans series is growing but we will see just how big it gets.

Ferrari, no, not at a factory level, but you're being silly if you think Porsche doesn't spend quite a bit of time and effort on ALMS/FIA GT and supporting national club racing both here and abroad. They offer factory built race cars in various configurations depending on series and as far as ALMS/ELMS/Le Mans goes they went to the trouble of building the RS Spyer got LMP2 (and I'd bet my paycheck each one was sold at a loss wrt the R&D and manufacturing costs), so... yeh, I'd say there is some factory interest/involvement there.

[Reaper90]

I don't think Cap knows about the 917's or he wouldn't be commenting on how the Corvettes dominate Porsche in racing. But Le Mans to Cap is a car made by Pontiac not a race.

Yep, pulling on race wins from 20, 30 and almost 40 years ago has a lot to do with racing today.  

The 917 was a remarkable car, no doubt. As was the 962. I'm just trying to figure out what that has to do with the 911 and the Vette in GT2 today.

Oh yeh. Nothing.

Where and when has Chevy gone up against Porsche in International Sports Car Racing? Here in the US plenty of pro teams fielded Porsches of various models, and the vast majority of the times the Corvette teams had their way with all of the competition, Porsche included. They weren't factory Porsche teams, but privateer pro teams, just like the Corvette teams. And they were doing it all in production-based cars built from street cars, a heck of a lot closer to what you and I might drive on the street than some 917/962/LMP2 RS Spyder. Even if I could go to a dealership and buy a Porsche P2 racecar, I can't get it inspected and legal to drive on the roads at the local DMV, so what Porsche does with prototype race cars for a once-a-year race is irrelevant when it comes to street cars and whether the 911 or Vette is king.

Corvette never faced Porsche in GT1 since 2000, though they bested Ferrari, Aston, Lamborghini, Maserati, and Dodge. In GT2 so far in Corvette's first season in the class, they're solidly handling Porsche.