Which Are the Best Used Corvettes to Buy in 2024 ?

It means you can get into the Corvette community without spending big bucks. The car came with a performance cam and long-tube headers. Today, the car is pretty much done, packs as much power as a C6 Z06, and is beautiful! TrueCar does not broker, sell, or lease motor vehicles.

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And then there are all the supply-chain issues and production stoppages, plus the Gas Guzzler Tax. But let’s all take a breath… and look at a longer perspective. If you’re considering selling your Corvette and converting it into cash, we invite you to explore our cost-effective advertising rates. You can promote your Corvette for sale in Vette Vues Magazine, a trusted resource for Corvette enthusiasts since 1972.

Engine

The all-new LS1 base engine was rated at 345 horsepower, but when locked into the C5’s vastly improved structure, it did everything better. And it didn’t take long for buyers to discover that the all-new engine had LOTS of red meat that was not hard to extract from the LS1. Challenge Corvettes didn’t have much power, perhaps slightly more than the advertised 245-horsepower. But anyone that ever drove or owned one can tell you that they are hot, dirty, rough, harsh, smelly race cars.

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So, it would be best to consider a few things when seeing a 30-year-old Corvette with very low mileage.

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By the end of the year, 6,759 cars were sold with a premium of $4,247 on top of the $18,290 base price tag. The C4 made such a big splash that the 1982 Collector Edition Corvettes were quickly forgotten. The Corvette community lionizes the classic small-block Chevy engine; it’s important to remember that the 350 L98 is just a classic SBC with a pretty good electronic fuel-injection system.

While prices are drifting up, they are still bargain performance cars. They respond very well to performance enhancements, are comfortable cruisers, and can get over thirty miles per gallon, thanks to the wonderful transaxle with two overdrive gears. As with previous special edition Corvettes, the engine was stock. The price was steep, $4,795, on top of the $29,489 base price. Only 2,050 35th Anniversary Corvettes were built, making them somewhat collectible. Prices for clean versions are drifting up, but as with almost all C4s, you can get one for not a lot, relatively speaking.

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Chevrolet Corvette 427

If you are looking to get into an older, classic-type Corvette without the nose-bleed prices, look for “drivers.” Corvettes that might be a wee bit tired but driven regularly. We hope that this article has served as your compass to finding the best Corvette to buy in 2023. We’ve uncovered some hidden gems—low-cost Corvettes that are underappreciated, undervalued, and fit any budget. However, it’s worth noting that prices in the Corvette market are on the rise. Scuttlebutt has it that the 330-horsepower rating on the LT4 was bogus.

Scott Teeters’s article on the top ten under-appreciated, under-valued Corvettes to buy in his article on Which are the Best Used Corvettes to Buy. But you must love rowing and banging gears, as the LT4 was only available with the manual 6-speed transmission. So, when looking for an LT4-powered ’96 Corvette, expect to pay a little more, but only if the seller knows what they have. The LT4 option could be ordered on any 1996 Corvette Coupe or Convertible. The 1996 Grand Sport is the obvious Top Shelf last-of-the-C4 Corvettes. But if you search diligently, you can find a regular ’96 Corvette with the same engine used in the Grand Sport.

1982, 1988, and 1993 Special Edition Corvettes

The all-new LS1 was waiting in the wings, and Chevrolet didn’t want their all-new, modern engine showing LESS power on paper than the last of Chevy’s old engine. By the end of the 1996 production run, 6,359 Corvette customers wisely checked off that “LT4” option box and got themselves a real sleeper fourth-generation Corvette. To celebrate Corvette’s 35th anniversary, a very special package was offered. White was chosen as a nod to the 1953 Corvettes. The car’s white painted wheels, black B-pillar, transparent black roof panel, and white leather interior trim made the car so distinctive. These were assembly-line-built cars that were then taken to outside vendor shops to be retrofitted with full roll-cages, lightweight Dymag wheels, and various other racing equipment.

Hardtop C5 Corvettes also have the status of being the platform that was used to create the Z06 Corvette. In 1972 the same LT1’s “net” rating was 255-hp, an apparent 75-horsepower drop, but attributed to the difference in measurement parameters. So, what would be the “gross” rating of the C4’s 330-hp LT4? Somewhere around 427 horsepower, IF the 330-hp was correct, or 478-hp if the rumored 370-hp was correct! That’s why you should look for an LT4 for your ’96 Corvette. Back in the day, Corvettes could be anything from very mild to wild.

Unless otherwise noted, all vehicles shown on this website are offered for sale by licensed motor vehicle dealers. By accessing this website, you agree to the TrueCar Terms of Service and Privacy Policy. If you’re in the market for a used Corvette, don’t forget to explore our Corvettes for Sale classified ads. Ensuring a secure and well-informed purchase is paramount, and this article equips you with the knowledge you need. You can access the full article by clicking here, allowing you to arm yourself with the necessary information for a confident Corvette purchase.

After the two-year series was over, the cars were sold off and pretty much forgotten, especially as newer Corvettes only got better and better. Earlier in the 1990s, when the C5 was being planned, management thought a lesser-expensive, stripped version could be offered. But it turned out there wasn’t a cheaper LS engine or transaxle to use or lesser-expensive components to be substituted. As it turned out, the “cheaper” Hardtop was priced at $38,777, just $394 less than the base model coupe. The common denominator of all three of these Corvettes is that they are all very, very nice cars.

The completed cars were then sold to privateers for around $30,000 on top of the price of the car. (We will soon be running a feature story about Dan Barr’s Corvette Challenge car in Vette Vues Magazine.) But the kicker is that they were totally street legal. From 1985 to 1987, L98 Corvettes won every race in the SCCA Showroom Stock Series and were unceremoniously kicked out! But, like all LS Corvette engines, more can be squeezed from these beautiful LS6 engines. The LS6 is essentially a hot-rodded-up version of the LS1.