✦ Shifty Estimate
$17,400
▼ 4.8% · 12 mo- 12 months median
- $18K
- Market cap
- $169.7M · 9,752 built
- Sales, 12 months
- 37
- For sale now
- 43
- Original MSRP
- $37,495 · ▼ 54% since
Track this car in the app
Get its live Shifty Estimate, price alerts, and every sale on your phone.
1997 Chevrolet Corvette
1997 to 2004 · Coupe · 9,752 built
Price history
Recent sales
37 sales on file
The full sale history lives in the app.
Every sale for this exact market, with the chassis behind each number. Drop your email and you are first in.
For sale now
2001 · Black · 28,468 mi · Copple Chevrolet GMC
2001 · Navy Blue Metallic · 54,076 mi · MTH of Saint Cloud
2003 · Black · 44,675 mi · EuroLux Automotive
2003 · Black · 50,274 mi · Poage Chevrolet Wentzville
2000 · GREEN · 38,289 mi · TT Auto Sales LLC
2004 · Black · 72,365 mi · 44 Auto Mart Sheperdsville
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, 37 have sold publicly at a median of $17,750. The Shifty Estimate for a well-kept example is $17,400. Cars have changed hands anywhere from $10,400 to $25,600, depending on mileage, color, and history.
What is a 1997 Chevrolet Corvette worth today?
The Shifty Estimate is $17,400, down 4.8% over the past 12 months. Confidence is high: 37 public sales in a year gives a firm read.
Is a Chevrolet Corvette a good investment?
It has depreciated 54% against its $37,495 list price. Values are down 4.8% 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 $10,000 to $30,101, 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:
- $22,000Jul 20, 2026Sebring Silver Metallic · 43,400 mi
- $30,101Jul 18, 2026Magnetic Red Metallic · 20,000 mi
- $16,555Jul 2, 2026Black · 25,000 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.