The used car market continues to exhibit fluctuations, with certain models commanding higher prices than in previous years. Among these, the C4 Chevrolet Corvette emerges as a notable example of escalating values, despite not being a high-end collectible.
Spanning from 1983 to 1996, the C4 Corvette, manufactured at the Bowling Green facility in Kentucky, underwent several iterations, featuring various V8 engines and transmission options.
Highlighted in this narrative is a 1992 C4 Chevrolet Corvette, exemplifying the market’s upward trend in pricing. Equipped with a 5.7-liter engine mated to a six-speed manual transmission, this ‘Vette delivers 300 horsepower (304 ps/224 kW) and 320 pound-foot (434 Nm) of torque.
Though modest by contemporary standards, these specifications were impressive upon the model’s debut. Sporting a red exterior, 17-inch alloys, and a black top, the ’92 Corvette boasts a timeless design that remains appealing.
Inside, the cabin exudes a blend of red accents and black finishes, exuding a classic yet elegant ambiance. Notable features include power seats, a center-mounted digital screen, and an AM/FM cassette and CD player, among others.
With only 56,582 miles (91,060 km) on the odometer, this well-maintained example presents a compelling option for enthusiasts seeking a pristine C4 Corvette. Priced at $17,900, it occupies a mid-range segment comparable to the Nissan Versa, America’s cheapest new car for the 2024 model year.
While entry-level C4 Corvettes command prices slightly above $3,000, premium variants fetch upwards of $50,000. Positioned between these extremes, this ’92 Corvette offers a compelling balance of performance and value, appealing to discerning buyers in the used car market.