The 2006 Chevrolet Corvette is part of the iconic C6 generation (2005-2013), representing a significant leap in performance and refinement. Available as a two-door coupe or a convertible, its key trims included the powerful Base model and the track-focused Z06. New prices ranged from approximately $44,000 to $69,000. It stands out for delivering supercar-level performance and aggressive styling at a comparatively accessible price, making high-speed thrills attainable for many enthusiasts.
The Good
The 2006 Corvette offers exhilarating performance with its potent V8 engines, precise handling, and striking, aerodynamic design. Practical buyers appreciate its robust powertrain reliability, decent fuel efficiency for a sports car, and excellent value on the used market. Emotionally, it delivers an iconic American sports car experience, raw power, and head-turning looks that never get old.
The Bad
Known weaknesses include a plasticky interior that doesn't quite match its performance, significant road noise, and a stiff ride, especially in Z06 models. Common mechanical issues can involve harmonic balancer failure, steering column lock malfunctions, and occasional electrical gremlins that can drain the battery if not addressed.
2006 Chevrolet Corvette: Quick Overview
- Engine Options:
- 6.0L LS2 V8 (Base Coupe & Convertible)
- 7.0L LS7 V8 (Z06) - Horsepower:
- LS2: 400 hp @ 6000 rpm
- LS7: 505 hp @ 6300 rpm - Torque:
- LS2: 400 lb-ft @ 4400 rpm
- LS7: 470 lb-ft @ 4800 rpm - Transmissions:
- 6-speed manual (standard for all trims)
- 4-speed automatic (optional for Base, not available on Z06) - Fuel Economy (EPA estimates):
- LS2 Manual: 18 city / 28 highway mpg
- LS2 Automatic: 17 city / 27 highway mpg
- LS7 Manual (Z06): 16 city / 26 highway mpg - 0-60 mph Times:
- LS2: Approximately 4.3 - 4.5 seconds
- LS7 (Z06): Approximately 3.7 - 3.9 seconds - Top Speed:
- LS2: Approximately 186 mph
- LS7 (Z06): Approximately 198 mph - Towing Capacity: Not recommended or rated for towing.
- Trim-Level Features:
- Base (1LT, 2LT, 3LT, 4LT): Standard features include a removable roof panel (coupe), dual-zone automatic climate control, leather seats, power windows/locks/mirrors, AM/FM CD player with MP3, OnStar, and keyless access with push-button start. Higher trims (2LT-4LT) added items like a head-up display (HUD), heated seats, power adjustable steering column, Bose premium audio, navigation system, memory package, and specific interior trim.
- Z06: This performance-oriented trim featured the exclusive 7.0L LS7 engine, a dry-sump oil system, wider front and rear fenders, a fixed roof (lighter and stiffer), larger cross-drilled brakes (14-inch front, 13.4-inch rear), unique lightweight forged aluminum wheels (18-inch front, 19-inch rear), an enhanced suspension system, and an aluminum frame for reduced weight. It also included a head-up display, special Z06 badging, and generally came with performance-oriented options as standard.
- Base (1LT, 2LT, 3LT, 4LT): Standard features include a removable roof panel (coupe), dual-zone automatic climate control, leather seats, power windows/locks/mirrors, AM/FM CD player with MP3, OnStar, and keyless access with push-button start. Higher trims (2LT-4LT) added items like a head-up display (HUD), heated seats, power adjustable steering column, Bose premium audio, navigation system, memory package, and specific interior trim.
2006 Chevrolet Corvette Specifications
Vehicle Information
| Year | 2006 |
| Make | Chevrolet |
| Model | Corvette |
| Trim | - |
| Style | Coupe |
| Type | Coupe |
| Category | Sports Car |
Manufacturing Details
| Made In | United States |
| Manufacturing City | BOWLING GREEN |
Dimensions
| Doors | 2-Door |
| Curb Weight | 1451.04 kg |
| Gross Vehicle Weight Rating | 1683.28 kg |
| Overall Height | 124.46 cm |
| Overall Length | 443.48 cm |
| Overall Width | 184.4 cm |
| Wheelbase Length | 268.48 cm |
| Standard Seating | 2 |
Engine & Performance
| Engine | 6.0-L V-8 |
| Engine Size | 6L |
| Engine Cylinders | 8 |
| Transmission | 6-Speed Manual |
| Transmission Type | Manual |
| Transmission Speeds | 6-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $51,390 USD |
| Invoice Price | $45,994 USD |
| Delivery Charges | $800 USD |
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What Problems Does the 2006 Chevrolet Corvette Have?
The 2006 Chevrolet Corvette, while generally robust, has a few frequently reported problems and long-term reliability concerns that potential owners should be aware of. One of the most common issues across the C6 generation, including the 2006 model, is the harmonic balancer failure. The balancer can wobble or delaminate over time, leading to belt misalignment, noise, and potentially severe engine damage if left unaddressed. Replacement is a labor-intensive and costly repair.
Another notable concern is the steering column lock (SCL) malfunction. Early C6 models, including 2005-2007 Corvettes, were prone to this issue, where the steering column would fail to unlock or would lock unexpectedly, preventing the car from starting or driving. Chevrolet issued recalls and extended warranties for some of these components, and many owners opt for bypass modules to permanently resolve the problem. While less prevalent in later C6s, 2006 models can still exhibit this if the factory fixes weren't applied.
Battery drain issues are also frequently reported, often traced back to parasitic draws from various electrical components. This can be exacerbated by the SCL module, OnStar, or even aftermarket electronics. Owners commonly use battery tenders to mitigate this if the car isn't driven regularly.
For the Z06 models specifically, some owners have reported valve guide wear on the LS7 engine. This issue can lead to excessive valve play, potentially causing valve drops and catastrophic engine failure. While not universally experienced, it's a significant concern for Z06 owners and often requires an inspection or proactive cylinder head refurbishment. Other minor complaints include rattling seats, particularly the passenger seat, and occasional issues with the headlight motor gears.
Regarding recalls, the most significant one affecting the 2006 Corvette was related to the aforementioned steering column lock for certain VIN ranges. Owners should always check a vehicle's VIN for any outstanding recalls.
Another notable concern is the steering column lock (SCL) malfunction. Early C6 models, including 2005-2007 Corvettes, were prone to this issue, where the steering column would fail to unlock or would lock unexpectedly, preventing the car from starting or driving. Chevrolet issued recalls and extended warranties for some of these components, and many owners opt for bypass modules to permanently resolve the problem. While less prevalent in later C6s, 2006 models can still exhibit this if the factory fixes weren't applied.
Battery drain issues are also frequently reported, often traced back to parasitic draws from various electrical components. This can be exacerbated by the SCL module, OnStar, or even aftermarket electronics. Owners commonly use battery tenders to mitigate this if the car isn't driven regularly.
For the Z06 models specifically, some owners have reported valve guide wear on the LS7 engine. This issue can lead to excessive valve play, potentially causing valve drops and catastrophic engine failure. While not universally experienced, it's a significant concern for Z06 owners and often requires an inspection or proactive cylinder head refurbishment. Other minor complaints include rattling seats, particularly the passenger seat, and occasional issues with the headlight motor gears.
Regarding recalls, the most significant one affecting the 2006 Corvette was related to the aforementioned steering column lock for certain VIN ranges. Owners should always check a vehicle's VIN for any outstanding recalls.
How long will the 2006 Chevrolet Corvette last?
With proper and consistent maintenance, a 2006 Chevrolet Corvette can reliably achieve 150,000 to 200,000 miles or more, often spanning 15-20 years of service. The LS2 and LS7 engines are renowned for their robustness and long-term durability when oil changes, coolant flushes, and regular inspections are performed. Weaknesses over time tend to focus on wear items: suspension components like bushings and shocks will eventually need replacement, interior plastics and leather can show wear and tear, and electronic modules might exhibit age-related failures. The harmonic balancer and steering column lock issues, if not addressed proactively, remain long-term concerns. However, the core drivetrain remains remarkably solid, making it a durable performance car.
What Technology & Safety Features are Included?
The 2006 Chevrolet Corvette, while a performance machine, offered a respectable array of built-in technology and convenience features for its era. Standard tech included a driver-centric cockpit with a Head-Up Display (HUD) available on 2LT and higher trims, projecting speed and other vital information onto the windshield. Dual-zone automatic climate control was standard, enhancing comfort. The car featured Keyless Access with Push-Button Start, a convenient feature that was relatively advanced at the time.
For entertainment, the base model came with an AM/FM stereo with a CD player and MP3 playback capability. Optional upgrades included a premium Bose seven-speaker audio system and an integrated DVD-based navigation system. OnStar telematics system was also standard, offering emergency services, turn-by-turn directions, and vehicle diagnostics.
Driver-assistance features were minimal compared to modern vehicles but included fundamental systems. Anti-lock Brakes (ABS) were standard, as were Traction Control (TCS) and Active Handling (stability control), which could be toggled through different modes (e.g., Competition Mode for spirited driving). The tire pressure monitoring system (TPMS) was also a standard safety and convenience feature.
Safety features comprised dual-stage front airbags for the driver and passenger. Side-impact airbags were not standard and generally not offered in the C6 generation. The car featured a robust hydroformed frame and advanced crumple zones designed to absorb impact energy. As for crash-test ratings, the National Highway Traffic Safety Administration (NHTSA) did not conduct full crash tests on low-volume, high-performance vehicles like the Corvette in 2006. The Insurance Institute for Highway Safety (IIHS) also did not conduct tests on this model. Therefore, official crash-test ratings are generally unavailable, which is common for sports cars of this vintage.
For entertainment, the base model came with an AM/FM stereo with a CD player and MP3 playback capability. Optional upgrades included a premium Bose seven-speaker audio system and an integrated DVD-based navigation system. OnStar telematics system was also standard, offering emergency services, turn-by-turn directions, and vehicle diagnostics.
Driver-assistance features were minimal compared to modern vehicles but included fundamental systems. Anti-lock Brakes (ABS) were standard, as were Traction Control (TCS) and Active Handling (stability control), which could be toggled through different modes (e.g., Competition Mode for spirited driving). The tire pressure monitoring system (TPMS) was also a standard safety and convenience feature.
Safety features comprised dual-stage front airbags for the driver and passenger. Side-impact airbags were not standard and generally not offered in the C6 generation. The car featured a robust hydroformed frame and advanced crumple zones designed to absorb impact energy. As for crash-test ratings, the National Highway Traffic Safety Administration (NHTSA) did not conduct full crash tests on low-volume, high-performance vehicles like the Corvette in 2006. The Insurance Institute for Highway Safety (IIHS) also did not conduct tests on this model. Therefore, official crash-test ratings are generally unavailable, which is common for sports cars of this vintage.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
2006 Chevrolet Corvette Prices and Market Value
When new, the 2006 Chevrolet Corvette had a Manufacturer's Suggested Retail Price (MSRP) ranging significantly. A base Coupe typically started around $44,000, while a Convertible began around $51,000. The high-performance Z06 trim commanded a premium, starting near $69,000. Today, current used market prices vary widely based on mileage, condition, and trim. Base coupes can be found from $18,000 to $28,000, convertibles slightly higher. The Z06 models hold their value better, often ranging from $30,000 to $45,000, or even more for pristine, low-mileage examples.
Depreciation for the C6 generation was significant in its early years but has stabilized, especially for well-maintained examples. Factors affecting resale value include the overall condition (cosmetic and mechanical), mileage (lower is better), the presence of desirable options (e.g., navigation, 4LT package), and crucially, the specific trim level. Z06 models, with their exclusive engine and performance enhancements, typically command higher resale values due to their limited production and enthusiast appeal.
Depreciation for the C6 generation was significant in its early years but has stabilized, especially for well-maintained examples. Factors affecting resale value include the overall condition (cosmetic and mechanical), mileage (lower is better), the presence of desirable options (e.g., navigation, 4LT package), and crucially, the specific trim level. Z06 models, with their exclusive engine and performance enhancements, typically command higher resale values due to their limited production and enthusiast appeal.
2006 Chevrolet Corvette Cost of Ownership
Owning a 2006 Corvette is not generally economical, but offers great performance value. Insurance can be moderately high due to its status as a sports car, varying by driver history and location. Fuel costs are notable as both LS2 and LS7 engines require premium gasoline, and their V8 thirst is evident. Maintenance is relatively straightforward for the LS engines, often comparable to other GM V8s, but some specialized Corvette parts can carry a "Corvette tax." Repair costs can be significant for issues like harmonic balancer replacement or Z06 valve guide concerns. Long-term ownership involves budgeting for these potential repairs and regular upkeep, making it a moderately costly but rewarding vehicle to own for enthusiasts.
2006 Chevrolet Corvette Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
41.26 liters
City Mileage
5.61 km/l
Highway Mileage
3.23 km/l
2006 Chevrolet Corvette Safety Rating
NHTSA
IIHS
2006 Chevrolet Corvette Warranty
Basic
Original warranty
36 months / 36,000 miles
Estimated remaining
Expired
Powertrain
Original warranty
36 months / 36,000 miles
Estimated remaining
Expired
Rust
Original warranty
72 months / 100,000 miles
Estimated remaining
Expired
2006 Chevrolet Corvette Insurance
Insurance for a 2006 Chevrolet Corvette is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2006 Chevrolet Corvette Compare to Other Coupe?
The 2006 Chevrolet Corvette competes in a diverse class of performance cars, often punching above its weight. Against rivals like the Porsche Cayman S (around $55k new) or base 911 (997) (starting over $70k), the Corvette offers significantly more raw horsepower and straight-line performance for the money, especially the Z06. The Porsches, however, typically excel in interior quality, steering feel, and overall refinement, offering a more precise, albeit less dramatic, driving experience. Reliability for both brands is generally good, but specialized Porsche repairs can be more expensive.
Compared to the Dodge Viper SRT-10 (over $80k new), the Corvette Z06 offers comparable (or even superior in some metrics) performance, but with a more refined interior and better daily drivability. The Viper is more extreme, less forgiving, and less practical. The Corvette is arguably the better all-around sports car.
Against muscle car rivals like the Ford Mustang GT (S197 generation, around $25k new), the Corvette is in a different league for performance, handling, and chassis sophistication. The Mustang offers classic muscle car appeal and a lower entry price but can't match the Vette's agility or top-tier speed. A more direct Ford rival, if considering performance, would be a higher-tier Shelby Mustang, but those were rarer or still in development for 2006.
For alternatives, if raw power and value are priorities, the Corvette is hard to beat. If more refinement and a European feel are desired, a used Porsche Cayman S or a base BMW M3 (E46 or early E90) could be similar in price on the used market, offering a different blend of performance and luxury, though often with less outright power. The Corvette excels as a "supercar killer" on a budget, delivering immense performance without the exotic price tag or maintenance complexity of true exotics. Its reliability, while not flawless, is generally strong for its performance class.
Compared to the Dodge Viper SRT-10 (over $80k new), the Corvette Z06 offers comparable (or even superior in some metrics) performance, but with a more refined interior and better daily drivability. The Viper is more extreme, less forgiving, and less practical. The Corvette is arguably the better all-around sports car.
Against muscle car rivals like the Ford Mustang GT (S197 generation, around $25k new), the Corvette is in a different league for performance, handling, and chassis sophistication. The Mustang offers classic muscle car appeal and a lower entry price but can't match the Vette's agility or top-tier speed. A more direct Ford rival, if considering performance, would be a higher-tier Shelby Mustang, but those were rarer or still in development for 2006.
For alternatives, if raw power and value are priorities, the Corvette is hard to beat. If more refinement and a European feel are desired, a used Porsche Cayman S or a base BMW M3 (E46 or early E90) could be similar in price on the used market, offering a different blend of performance and luxury, though often with less outright power. The Corvette excels as a "supercar killer" on a budget, delivering immense performance without the exotic price tag or maintenance complexity of true exotics. Its reliability, while not flawless, is generally strong for its performance class.
Final Verdict: Is the 2006 Chevrolet Corvette a Good Coupe?
The 2006 Chevrolet Corvette is ideal for performance enthusiasts seeking exhilarating speed, sharp handling, and iconic American sports car styling without breaking the bank. It's perfect for weekend spirited drives, occasional track days (especially the Z06), or even a unique daily driver for those who prioritize performance over luxury. It is absolutely worth buying on the used market, offering incredible value for its capabilities.
When considering a purchase, look for well-maintained used examples, preferably with a documented service history. For those wanting maximum performance, the Z06 trim is the undisputed choice, but be mindful of its specific maintenance needs like potential valve guide issues. The base LS2 models offer a fantastic balance of power, comfort, and reliability for less money. Always get a pre-purchase inspection to check for common C6 problems like harmonic balancer wobble or steering column lock issues. A C6 Corvette delivers supercar thrills at an attainable price.
When considering a purchase, look for well-maintained used examples, preferably with a documented service history. For those wanting maximum performance, the Z06 trim is the undisputed choice, but be mindful of its specific maintenance needs like potential valve guide issues. The base LS2 models offer a fantastic balance of power, comfort, and reliability for less money. Always get a pre-purchase inspection to check for common C6 problems like harmonic balancer wobble or steering column lock issues. A C6 Corvette delivers supercar thrills at an attainable price.
Simon A
Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.