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Chevrolet - Corvette (1961)
Chevrolet Corvette – a name synonymous with American power and style. Whether you’re eyeing the iconic 1961 Chevrolet Corvette that first set the standard for low‑torque sedan‑style performance or a modern Chevrolet Corvette price that pushes the boundaries of speed, the market remains vibrant. Pricing for any Corvette varies by model, year, condition, and geographic demand; discover where your favorite year sits on the price spectrum with our latest database.
- Model Year: 1961 – 2023+
- Engine: Ranges from the original 57‑litre (326‑cid) 350‑CID V8 to the latest 6.2‑liter V8 producing 495 hp.
- Transmission: Manual 4‑speed, automatic 3‑speed (early years), and modern Dual‑Clutch (5‑speed) options.
- Fuel Type: Gasoline; premium required for high‑output variants.
- Dimensions: Length – 168–174 in; Width – 73–74 in; Height – 51–53 in; Wheelbase – 94.5–95 in.
- Weight: 3,040–3,150 lbs (depending on configuration).
- Top Speed: 150–210 mph across the range.
- 0‑60 mph: 2.5–3.3 seconds.
- Braking: Dual‑Cam 11.5”, disc brakes front and rear.
- Body Style: Two‑seat convertible, coupe, or roadster.
- Interior Features: Leather, aluminum trim, modern infotainment systems in newer examples, classic wooden panels on early blue‑prints.
When you ask, what is a 1961 Chevrolet Corvette worth? the fact remains that values differ dramatically across condition, mileage, and restoration status. Enthusiast forums and auction data typically show that a near‑manicured 1961 model can command a premium of several hundred thousand dollars, whereas a vehicle that has undergone components replacement or restoration sits on the lower end of the spectrum.
Depreciation Insight
Unlike many modern cars, Chevrolet Corvettes exhibit a unique depreciation curve driven by rarity, performance lineage, and collector enthusiasm.
- First Year: New models typically lose about 15‑20% of their original MSRP within twelve months, reflecting early adoption cost curves and buyer willingness to get the hype.
- Year 2‑5: Subsequent annual drop tends to moderate, with 4‑5% depreciation per year on average. Limited edition Chassis LT or Z06 models tend to hold value better than base variants due to scarcity scaling.
- Beyond 5 Years: The rate often declines further, especially for classic models, as they transition into collector assets. Classic 1961 or 1970‑era Corvettes can see an inward depreciation of 1‑2% annually due to preservation demand.
These percentages are estimates and can shift with fuel economics, changes in the collector market, or new price ceilings introduced by Nevada and Texas auctions. Keeping up with current sales trends is essential, particularly if you’re planning a long‑term investment.
Comparison Context
On the “sweet spot” of performance and affordability, the Chevrolet Corvette competes with
- Dodge Challenger SRT: While the Challenger delivers equivalent horsepower, its styling targets a different demographic—preferring raw, muscle‑car aesthetics over aerodynamic precision.
- Porsche 718 Cayman: The 718's European engineering offers superior handling dynamics and a lower price point when compared to the Corvette’s emphasis on straight‑line speed.
- Ford Mustang GT: The Mustang typically maintains lower depreciation due to its high-volume production and broad fan base, but it lacks the forced‑induction performance that Co. Corvette’s modern variants provide.
Thus, for buyers prioritizing iconic status, high horsepower, and distinct American design, the Corvette stands as the premium alternative. If you’re after budget performance with lower initial costs, the comparison shifts accordingly.
Market Position Statement
Corvettes have carved out a strong niche in the high‑performance sports‑car segment and are favored by both younger drivers
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 3 years ago | used | £69,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links | |
| 5 years ago | used | £67,500.00 | Unlock all links |