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When you think of American speed, the Chevrolet Corvette instantly comes to mind. Whether you’re scrolling through a car‑pricing database or just fantasizing about your dream 40‑wheel machine, knowing the Chevrolet Corvette price landscape is key—especially when you’re looking at a classic like the 1987 model.

In this guide we’ll cover everything from the raw specs of a 1987 Corvette to practical depreciation guidelines and how it stacks up against its cousins on the road. Feel free to dive in for an in‑depth look at the Chevrolet Corvette 1987 price, the living market for a used Chevrolet Corvette price, and the inevitable Chevrolet Corvette depreciation curve.

Key Specs: 1987 Chevrolet Corvette

• Model: C4 Corvette (1987)
• Engine: 5.7‑L (350 ci) V8, standard 386 hp; optional 6.5‑L (400 ci) V8, 400 hp
• Transmission: 4‑speed automatic (Z4M) or 5‑speed manual (Z5MR)
• Fuel Type: Regular unleaded gasoline (87 octane)
• Dimensions: Length 174.7″; Width 77.6″; Height 54.1″; Wheelbase 106.7″
• Weight: Ranges 3,115 lb (automatic) to 3,210 lb (manual)
• Performance: 0–60 mph in 5.4‑6.0 seconds (4‑spd auto), 5.7‑6.1 seconds (5‑spd manual)
• Top Speed: Approximately 155 mph (standard)
• Coolant Capacity: 10 qts (automatic), 10.8 qts (manual)
• Fuel Tank: 21 gal (automatic), 20 gal (manual)
• Suspension: Magnesium front & rear control arms; hydraulic struts, 4‑link rear sway bar
• Brakes: 14‑in. That I (front) and 13‑in. (rear) hydraulic disc brakes with dual‑coil master cylinder

These figures provide the foundation for evaluating a 1987 Corvette’s value in today’s market. Whether you’re eyeing a classic gem or a modern V8, the specs stay the backbone for every price comparison.

Depreciation & Value Over Time

Every vehicle undergoes a depreciation cycle, and the Chevrolet Corvette depreciation curve is no different. Below are realistic, industry‑grade figures that give you a clearer picture of how a Corvette’s worth changes:

• Year 0 (New): 100 % ( launch price)
• Year 1 (New to Used): Typically loses 15‑20% of its value. In the case of a 1987 model, used prices at the time of first sale can be roughly 80‑85 % of the original MSRP.
• Years 2‑5: Depreciation slows to 5‑10% per year, especially if a car is kept in good condition. For a well‑preserved 1987 Corvette, you might see a 25‑30 % drop over this period.
• Beyond 5 Years: The rate stabilizes, often hovering around 2‑3% per year, depending on mileage, upkeep, and collector demand.

When you divert your focus to used Chevrolet Corvette price, the point is that collectors often drive a premium due to the iconography and rarity of classic performance cars. That premium can help soften the sharp depreciation curve experienced by everyday automobiles, though it’s still essential to consider that a high‑mileage 1987 Corvette with minimal upgrades will likely be less valuable than a low‑mileage, restoration‑ready counterpart.

What Is a 1987 Chevrolet Corvette Worth?

Answering the age‑defining question, “what is a 1987 Chevrolet Corvette worth?” is a common query among respondents exploring historical pricing databases or setting up a timely appraisal. The variable defining worth is multifaceted: original factory options, maintenance history, mileage, and market conditions. A 1987 model that’s under 15,000 miles, has a clean service record, and is in factory trim with original paint typically commands a price range of **$8,000 to $12,000** in the American market. Reverse adjustments—like excessive mileage, body damage, or factory upgrades—can shift the ballpark right down or, in some rare cases, push the vehicle up to $15,000+.

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Last 20 car trackeds

Last tracked date	Status	Price	Price rank	Link
2 years ago	used	US$9,995.00		Unlock all links