The successor to the ZR-1 made its debut in 2001 as the Z06, giving a nod to the high performance Z06 version of the C2 Corvette of the 1960s. Instead of a heavy, double-overhead cam engine like the ZR-1, the Z06 used a high-output, tuned version of the standard LS1 Corvette engine (designated LS6), which initially produced 385 horsepower. Although its total power output was less than that of the last ZR-1, the Z06 was much lighter, and could out-perform the ZR-1 in every category except top speed. It also cost substantially less money than the ZR-1.

Like with the ZR-1, Chevrolet found that increasing the power output did the C5 platform little good without additional modifications to bring the rest of the car up to par. Starting with the most structurally rigid body style offered, the hardtop or "fixed roof coupé" , an uprated FE4 suspension, larger wheel rims and tires, revised gearing ratios, and functional brake cooling ducts became part of the total package. The Z06 is 38 pounds lighter than a standard C5 hardtop thanks to weight-saving measures such as a titanium exhaust, thinner glass, lighter wheel rims, non-EMT tires, reduced sound proofing, fixed rear radio aerial, and a lighter battery.

Starting with the 2002 model year, the LS6 engine was uprated to 405 horsepower by means of a larger volume air intake, stiffer valve springs, lighter sodium filled valves, more aggressive cam phasing and lift, revised pistons, and revised block. While Chevrolet officially claimed that the ultimate power output of the LS6 was 405 horsepower , many dynamometer tests have shown that Chevrolet underrated the engine by 20 hp, giving it an actual total of 425 horsepower. Factory performance figures for the 405 hp version of the Z06 give an acceleration time from
0-60 mph as 3.9 seconds. Owner-drivers have reportedly achieved quarter-mile times of 11.7 seconds. The Z06 is capable of matching or besting the 0-60 acceleration times of some of the world's premier sports cars, including the BMW Z8, Ferrari 360, and Porsche 911 Turbo (Type 996). Top Speed is 186 MPH.

For the 2004 model year, a 24 Hours of Le Mans Commemorative Edition of the Z06 (dubbed the Z16 after its RPO code) was offered in celebration of the C5-R "1-2" in-class finishes at Le Mans. The option package consisted of a special paint color ("Le Mans Blue Metallic"); wide, silver-and-red stripes optionally applied down the center of the car; a carbon fiber hood (saving an additional 10 pounds of weight); special commemorative badging and headrest embroidery; and brightly-polished wheel rims (a first on the Z06) with unique centercaps. Though not as outwardly apparent, the Z16 also received shock damping tuning for improved handling. The Z16 was the most produced Z06 in 2004 totaling 2025 units; of that number, 325 went overseas, leaving North America with approximately 1700.

Enough History, if you are looking at this car you probably know all of this and all the stuff I left out about the titanium exhaust, Heavy duty suspension, M12 Gearbox, Special Pistons and Cams, on and on. What we have here is a Supercar with blistering performance, exceptional handling and stunning good looks. While the car has traveled some miles, it runs and drives like new and has obviously been well cared for, and one really would never know it has the mileage it has. The Paint, Interior, Wheels, etc. are all in as new condition. Everything works. It has new tires.

This is a rare opportuninty to get one of the most important and exciting Corvettes of of the last decade affordably.