What is a 1962 Chevy Impala worth?
Prices vary widely: you can find a rough, non-running project in the low tens of thousands, a solid driver in the $20,000–$40,000 range, and well-restored or original SS models often exceeding $60,000, with exceptional, numbers-matching cars approaching six figures in some cases.
In this report, we look at current market data, the key factors that drive value, and practical guidance for buyers and sellers seeking a fair price in today’s collector-car market.
Market snapshot for the 1962 Impala
The 1962 Impala sits in the mid-century American car spotlight as a classic full-size model that appeals to enthusiasts of two-door hardtops, convertibles, and high-option packages. Demand is strongest for two-door models with the SS option, V8 power, and verified originality (numbers-matching engines, correct documentation, original or period-correct interiors). Convertibles remain among the most coveted body styles, but they are also the rarest, which can push prices upward in the right market conditions. Regional taste, restoration quality, and provenance all play significant roles in how a given car is valued.
Variants and appeal
Within the 1962 lineup, values typically rise for two-door hardtops and convertibles with the SS package, especially when the car has a documented matching-numbers engine and a clean restoration or strong driver condition. Documentation such as the VIN tag, cowl tag, build sheet, and service records can materially affect perceived value and resale appeal.
Condition-based value ranges
Below are general price ranges commonly seen in the current market. Regional differences and restoration quality can shift these numbers up or down.
- Project car / needs complete restoration: $10,000–$25,000
- Running and driving but cosmetically rough: $20,000–$40,000
- Solid driver / well-restored with average quality: $35,000–$60,000
- Numbers-matching or high-quality restoration (non-SS): $60,000–$90,000
- SS models, rare options, or top-tier concours-quality: $90,000–$130,000+
Keep in mind that convertibles and rare SS configurations can push values higher, especially with robust documentation and a clean, show-ready presentation. The most valuable examples tend to be two-door hardtops or convertibles with factory-appearing finishes, verified provenance, and matching-numbers powertrains.
How to verify value and assess a car
Before valuing or making an offer, use a disciplined checklist to assess authenticity, condition, and restoration quality.
- Check the drivetrain for matching numbers (engine, transmission) and verify with factory build sheets or dealer documentation.
- Inspect the body and chassis for rust, repairs, and evidence of proper panel alignment; confirm floor and frame integrity.
- Review the cowl tag, VIN, and body numbers to confirm correct factory options and production details.
- Assess interior authenticity, trim, upholstery, and dash gauges for period correctness and wear patterns.
- Obtain a professional appraisal or consult current valuation guides (Hagerty, NADA Classic, and regional auction results) to triangulate fair value.
Professional appraisals can vary based on regional market demand and the car’s provenance. It’s advisable to cross-check multiple sources and, if possible, have the car inspected by a restoration specialist or knowledgeable collector.
Getting the best deal
To maximize value when buying or selling, combine market research with a careful negotiation strategy. For buyers, secure a pre-purchase inspection, demand documentation, and consider the total cost of ownership (parts, restoration, storage). For sellers, present a complete provenance package, high-quality photos, and a professional appraisal to justify asking price. Auctions can set a benchmark for top-tier examples, but private sales often require more direct, well-documented positioning.
In practice, the 1962 Impala’s price is a function of condition, originality, provenance, and market demand for classic GM steel. By checking current valuation guides, attending auctions or dealer listings, and obtaining a professional opinion, buyers and sellers can arrive at a fair, competitive figure.
Summary
The 1962 Chevy Impala remains a desirable classic whose value ranges widely—from affordable, project-ready cars to six-figure showpieces—depending on body style, options, restoration quality, and provenance. For the most accurate current pricing, consult updated valuation guides (such as Hagerty and NADA), review recent auction results, and obtain a professional appraisal to reflect regional market conditions and the car’s unique history.
