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Chevrolet - Corvette [Pre-1982] (1998)
Chevrolet Corvette 1998 and Classic Pre‑1982 Models: Unlocking Price and Value Insights
When you notice the iconic swoop of a Chevrolet Corvette – whether it’s a 1998 model or a vintage Pre‑1982 classic – the first question on everyone’s mind is “What is a 1998 Chevrolet Corvette worth?” or “What is a Chevrolet Corvette pre‑1982 price?” Understanding the used Chevrolet Corvette pre‑1982 price bundle is essential whether you’re a collector, a performance enthusiast or a budget‑conscious buyer. This guide compiles the latest market data, depreciation trends, and comparison insights so that you can gauge the true value of the Corvette without making any hard‑coded assumptions about specific conditions or local demands.
- Engine: Classic era models (pre‑1982) were staged with either the 350 cubic‑inch (5.7 L) or 400 cubic‑inch (6.6 L) V8, pushing 145–210 hp depending on the year and variant. The 1998 Corvette came standard with a 5.7 L V8 producing around 300 hp in the Series I and 305 hp in the Series II.
- Transmission: All of the pre‑1982 Corvettes included manual six‑speed gearboxes or the optional early 4‑speed automatic, while the 1998 models shipped with either a 6‑speed manual or electronically controlled 4‑speed automatic (for the LS1).
- Fuel Type: Both eras remained dedicated gasoline engines – 87 octane is the sweet spot for most 4‑digit and 5‑digit Corvette powerhouses.
- Dimensions: wheelbase = 104 in (2.65 m); overall length = 167–171 in; curb weight ≈ 3,300–3,500 lb.
- Trim and Features: Pre‑1982 Corvettes had a simple “bucket seat” interior, optional AM radio, and no ABS or airbags. The 1998 model added power steering, anti‑roll bar, optional premium audio, and for the first time, a factory air conditioning system.
Depreciation Insight: Chevrolet Corvette Pre‑1982 depreciation
Stock car lovers often note how quickly high‑performance vehicles lose their value. The depreciation trend for Chevrolet Corvette pre‑1982 is quite predictable:
- The first year can shave off roughly 15‑20% of the initial price, primarily due to the aging of the interior and the absence of modern safety equipment.
- From the second to the sixth year, you can expect a moderate annual decline of 3–5% as proper maintenance records and aftermarket enhancements come into play.
- By the tenth year, many well‑maintained pre‑1982 Corvettes hold around 30‑40% of the original showroom price, especially if they feature rare 4‑digit options (e.g., the hard‑top Convertible or high‑performance “special edition” trims).
- Comparatively, the 1998 Corvette** depreciation** tends to be slower, with a typical 10‑12% drop in the first year and a gradual 2‑3% annual slide thereafter thanks to its factory crate brake and more modern build quality.
It is also worth noting that the broader global trend shows nostalgia and collectibility raising the value of classic models, especially those with a robust VIN history, original parts, and low miles.
Comparison Context
When you ask “what is a 1998 Chevrolet Corvette (pre‑1982) worth?” or look up the Chevrolet Corvette pre‑1982 price** you’re actually comparing three main cohorts:
- New/1998 Series II – the most common today because of the LS1 engine’s power and the modern chassis. It pulls up comparably with newer Corvette Z06 models if it has aftermarket upgrades.
- Pre‑1982 4‑digit classics – highly prized by collectors and often showcase at auto shows. Limited edition models (e.g., Convertible “Lux” or “Super Sport”) are the sweet spot for a higher-value niche market.
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 4 years ago | used | £20,000.00 | Unlock all links |