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The legendary Chevrolet Corvette—a name that rings a chord of power, performance, and prestige—has captivated enthusiasts for generations. Whether you’re eyeing the 1996 model or a later coupe, every Chevrolet Corvette price inquiry reflects the car’s blend of exotic engineering and storied heritage. In this guide we dive into the key specifications of the iconic 1996 Corvette, explore how Chevrolet Corvette depreciation trends shape its market value, and answer the most common question: what is a 1996 Chevrolet Corvette worth? While specific pricing varies by region, mileage, condition, and market demand, the insights below give you a solid starting point for your next Corvette adventure.

• Model Year: 1996
• Engine: 6.0‑liter V8 (VQR‑6.0) producing 346 hp @ 5,370 rpm
• Transmission: 5‑speed manual (standard) or 4‑speed automatic (optional)
• Torque: 341 lb‑ft at 4,000 rpm
• Fuel Type: Premium gasoline only
• Drivetrain: RWD (Rear‑Wheel Drive)
• Carburetion: Dual four‑tuned throttle bodies (Fuel Injection introduced in 1995)
• Dimensions:
  • Wheelbase: 91.3 in (231.6 cm)
  • Length: 176 in (447 cm)
  • Width: 76 in (193 cm)
  • Height: 53 in (135 cm)
  • Weight (curb): 3,137 lb (1,421 kg)
• Performance: 0–60 mph in approximately 4.8 s; top speed >180 mph
• Interior Highlights: Customizable vinyl seats, optional “intellititle” Google Play connectivity, 10‑inch touchscreen with SiriusXM
• Safety Features: Dual front airbags, seat belt pretensioners, friction‑stick brakes (Brakelift), and optional B‑Hub disc brakes

Depreciation Insight

The classic used Chevrolet Corvette price landscape is shaped by strong brand cachet and high maintenance costs. One of the most cited patterns is that a Corvette typically loses 15‑20% of its value in the first year just after purchase. From there, depreciation slows, especially for well‑maintained models that stay within the recommended mileage range. A few key takeaways:

• First Year: 15–20% drop, reflecting new‑car fees, dealer markup, and early owner discounts.
• Years 2–5: 5–8% yearly depreciation; this period sees buyers weigh potential repairs versus the cost of newer models.
• Years 6–10: 3–4% annual decline; classic status stabilizes, with mileage and cosmetic condition gaining more prominence.
• Beyond 10 Years: 2–3% yearly; collection value increases, especially for limited‑edition or low‑mileage variants.

These figures translate into realistic price ranges when you’re looking at the Chevrolet Corvette 1996 price used market. While exact numbers are influenced by the car’s condition and market demand, a well‑tracked 1996 that has kept up with oil changes, cooling system upkeep, and period‑appropriate tires can retain a larger share of its original value relative to neglected counterparts.

Comparison Context

When evaluating a Chevrolet Corvette price, it helps to benchmark against its peers. In the 1990s, rivals included the Ford Mustang GT, BMW M3, and Chevrolet Camaro Z/28. While the Mustang offers a more “mass‑market” appeal with a modest price tag, it lacks the sheer performance tier that the Corvette commands. The BMW M3, known for its “sports‑car market” DNA, matches the Corvette in track capability but traditionally sits at a higher price point for the same age bracket. The Camaro serves as a more aggressive, affordable alternative, yet it can’t rival the Corvette’s racing pedigree or cultural iconography. Thus, consumers looking for a “pure” American muscle platform that delivers “race‑car” driving dynamics often find the Corvette unbeatable despite premium pricing or higher depreciation.

Market Position Statement

Within the high‑performance sports car segment, the Chevrolet Corvette remains one of the most popular choices for dedicated enthusiasts. In the US, it consistently ranks in the top five of the domestic sports car market, owing to its unmistakable badge, long‑standing legacy, and exceptional value in terms of raw power per dollar. Internationally, it occupies a niche among connoisseurs looking for an American turbo‑charged platform that stands out from European counterparts.

What is a 1996 Chevrolet Corvette Worth?

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Last 20 car trackeds

Last tracked date	Status	Price	Price rank	Link
4 years ago	used	£12,500.00		Unlock all links