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Cars / Chevrolet / CorvetteLive
1997 Chevrolet Corvette

✦ Shifty Estimate

$19,600

2.0% · 12 mo
High confidence$12K to $27K
12 months median
$19K
Market cap
$191.1M · 9,752 built
Sales, 12 months
103
For sale now
48
Original MSRP
$37,495 · ▼ 48% since

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1997 Chevrolet Corvette

1997 to 2004 · Coupe · 9,752 built

Price history

$10k$20k$30k$40k$50kSep 20252026✦ SHIFTY ESTIMATE TODAY $20k
Sold Bid, not sold
102 sales · 37 unsoldmedian $19kupdated Sep 2026

Recent sales

Most recent 250 sales

For sale now

48 listings
  • 1998 · Black · 41,995 mi · Szott M-59 Dodge$16,160
  • 2001 · Light Pewter Metallic · 48,453 mi · Beach Buick GMC$18,390
  • 1999 · Light Pewter Metallic · 87,790 mi · The Auto Hub$13,900
  • 1998 · Light Pewter (Met) · 67,488 mi · Bob McCosh Chevrolet Buick GMC Cadillac$17,985
  • 1998 · Black · 82,376 mi · Ed Martin Honda$14,249
  • 2001 · Black · 28,468 mi · Copple Chevrolet GMC$20,398
  • 2001 · Navy Blue Metallic · 54,076 mi · MTH of Saint Cloud$18,317
  • 2003 · Black · 44,675 mi · EuroLux Automotive$21,395
  • 2003 · Black · 50,274 mi · Poage Chevrolet Wentzville$21,990
  • 2004 · Black · 72,365 mi · 44 Auto Mart Sheperdsville$18,643
  • 2000 · GREEN · 38,289 mi · TT Auto Sales LLC$19,415
  • 2002 · Millenium Yellow · 32,445 mi · Firelands Chevrolet of Vermilion$22,148
  • 2004 · Maroon · 26,605 mi · Nunzis Auto Sales & Service$27,390
  • 2001 · Yellow · 42,035 mi · Huebner Chevrolet$19,348
  • 2001 · Black · 61,145 mi · Don Noyes Chevrolet$16,449
  • 2001 · Black · 37,313 mi · Corvette Mike New England$25,399
  • 2001 · Silver · 29,164 mi · Silsbee Motor Company$20,220
  • 2002 · Magnetic Red II Metallic · 62,934 mi · Scott C's Auto Sales$19,696
  • 2001 · Yellow · 34,596 mi · Sarasota Chrysler Dodge Jeep RAM FIAT$19,944
  • 2002 · Torch Red · 53,443 mi · Bob Penkhus Volkswagen$21,197
  • 2001 · SILVER · 82,511 mi · Mercedes-Benz of Hampton$20,594
  • 2003 · Gray · 82,240 mi · Cars Remember When Auto Sales$18,900
  • 2004 · BLUE · 32,610 mi · Rief Auto Dealers LLC$28,995
  • 2004 · Black · 57,870 mi · eBZZmotors.com LLC$21,489
  • 2000 · Silver · 52,295 mi · Payless Car Deals$15,200
  • 2003 · Red · 85,039 mi · Marks Brothers$14,950
  • 2003 · Anniversary Red · 53,816 mi · Sampson Corvettes$20,995
  • 2000 · Black · 38,271 mi · Guaranteed Auto Sales & Leasing$17,324
  • 2001 · Light Pewter Metallic · 42,440 mi · Haggerty Buick GMC Inc$19,881
  • 1998 · Gray · 75,989 mi · PDX Auto Source$12,995
  • 2003 · Dark Cherry Red Metallic · 27,651 mi · Hitchcock Performance Automotive$27,288
  • 2001 · 104,400 mi · Performance Motorsports$14,394
  • 2001 · Speedway White · 52,062 mi · Harper Chrysler Jeep Dodge Ram$19,697
  • 2001 · Millenium Yellow · 73,705 mi · Panhandle Auto Group$17,995
  • 1999 · Beige · 88,978 mi · 507 Motorsports$9,995
  • 1998 · BLACK · 41,791 mi · Sarasota Mitsubishi$16,058
  • 2002 · [11U] Light Pewter Metallic · 37,264 mi · Rocky Mountain Truck Stop - Dallas$19,464
  • 1998 · Arctic White · 74,562 mi · Mt Orab Ford$15,999
  • 2003 · Smokin Asphalt · 27,260 mi · Jenkins Genesis of Ocala$23,690
  • 1998 · Torch Red · 17,615 mi · Laurel Ford$22,990
  • 2000 · 132,000 mi · 1 Unique Motors LLC$10,995
  • 2002 · Torch Red · Paramount Classic Cars$18,995
  • 2004 · Black · 32,811 mi · Superior Motors$26,396
  • 2002 · Torch Red · 62,486 mi · Kelly's Auto Sales Inc.$19,393
  • 1997 · Red · 107,099 mi · Windsor Auto Sales Inc.$13,990
  • 2003 · Torch Red · 46,940 mi · B & M Auto Sales$25,400
  • 1998 · Black · 58,467 mi · The Right Ride$14,995
  • 2003 · Red · 37,396 mi · Fields Motorcars Chicago$22,918

Specifications

Engine
V8, 5.7L
Power
345 hp
Torque
350 lb-ft
0 to 60
4.7s
Top speed
172 mph
Transmission
Manual
Drivetrain
RWD
Production
9,752 units
Original MSRP
$37,495

Common questions

How much does a Chevrolet Corvette cost?

A 1997 Chevrolet Corvette cost $37,495 new. Over the past 12 months, 103 have sold publicly at a median of $18,500. The Shifty Estimate for a well-kept example is $19,600. Cars have changed hands anywhere from $12,070 to $27,000, depending on mileage, color, and history.

What is a 1997 Chevrolet Corvette worth today?

The Shifty Estimate is $19,600, down 2.0% over the past 12 months. Confidence is high: 103 public sales in a year gives a firm read.

Is a Chevrolet Corvette a good investment?

It has depreciated 48% against its $37,495 list price. Values are down 2.0% over the past 12 months. Only 9,752 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $7,200 to $115,000, and mileage explains most of that.

What has a Chevrolet Corvette sold for at auction?

The 3 most recent public sales we have on file:

  • $26,000Sep 3, 2026Torch Red · 33,000 mi
  • $10,050Sep 1, 2026Navy Blue · 109,600 mi
  • $22,000Aug 25, 2026Millennium Yellow · 8,000 mi

The C5 Corvette marked Chevrolet's boldest reinvention since the original, introducing a completely new hydroformed frame, transaxle layout, and striking bodywork that finally looked worthy of its performance. The LS1's 345-405 horsepower pushed these cars into genuine supercar territory, while the new chassis delivered handling that could embarrass European exotics costing twice as much. Pop-up headlights gave way to fixed units, and the interior finally felt modern. The '97 launch was coupe-only, with the convertible arriving in '98 and the hardtop Z06 in 2001. Today, C5s represent exceptional value in the collector market—offering 90% of a modern Corvette's capability at a fraction of the cost. Clean examples are increasingly sought after, particularly Z06s and late-model coupes with the LS6. The C5 proved America could build a world-class sports car.