Loading

What was the original price of a Chevrolet Corvette?

At its 1953 launch, the Chevrolet Corvette carried a base sticker price of roughly $3,495. That figure is widely cited as the base price before options and dealer adjustments, though some sources list a slightly different figure in the same neighborhood.


Original price at launch


The Corvette’s debut price defined its early market positioning as a premium American sports car rather than a budget cult favorite. The base price published for 1953 noted a single configuration with limited features, and buyers could push the total higher through optional equipment and dealer-installed additions.


Key pricing details for the 1953 Corvette at launch:



  • Base price: about $3,495 (sources commonly cite $3,495 to $3,498).

  • Options and dealer add-ons could raise the final price beyond the base sticker.

  • Production in 1953 was limited to roughly 300 units, reinforcing its premium, low-volume image.

  • The Corvette was marketed as an American-made sports car with a fiberglass body, signaling Chevrolet’s foray into performance styling.


In summary, the base price reflected Chevrolet’s intent to offer a stylish, performance-oriented car at a premium relative to many mass-market domestics of the era.


Context and impact


Pricing mattered beyond the sticker price. The $3,495 base tag helped position the Corvette against European sports cars and established a perception of exclusivity in postwar America. The combination of limited production and a distinctive fiberglass body further underscored its status as a performance-first icon rather than a mass-market model.


Market positioning


The Corvette’s early pricing strategy aimed to balance American manufacturing with European-inspired performance. By starting with a relatively high base price and a two-seat configuration, Chevrolet created a brand identity around sport, style, and innovation that would influence the Corvette’s legacy for decades.


As a result, the original price remains a key reference point for historians tracking how American automotive brands introduced and marketed performance-focused models in the 1950s.


Summary


The Chevrolet Corvette began life with a base price of about $3,495 in 1953, marking its status as a premium American sports car built for performance and style. The price, along with limited production and optional features, established the Corvette’s distinctive market position from the outset and shaped its enduring legacy in the auto industry.

How much did a new Corvette cost in 1984?


Production notes

Model YearProductionBase Price
198451,547$21,800
198539,729$24,891
198635,109$27,027
198730,632$27,999



How much did a 1977 Corvette cost new?


Despite the lack of major changes, production climbed again, to 49,213 coupes and the base price jumped a whopping $1,000 to $8,647.65.



How much did a Corvette cost in 1970?


In 1970, the base price for a Chevrolet Corvette was approximately $4,849 for a convertible and $5,192 for a coupe. These figures could increase significantly depending on the added options, such as the 350 bhp upgrade for $158 or the more powerful LT1 package for $447.60, according to MotorCities National Heritage Area and Hagerty.
 
Base prices

  • Convertible: $4,849
  • Coupe: $5,192 

Optional upgrades
  • 350 bhp engine upgrade: $158
  • LT1 package (370 bhp): $447.60
  • Other options like power brakes, power steering, and air conditioning would also add to the final price. 



How much did the first Corvette cost?


The first Corvette's original retail price was $3,498 in 1953. This was the base price for the 1953 model, which was available as a Polo White 2-door roadster with a red interior and a black soft top. Today, original 1953 Corvettes are collector's items that sell for hundreds of thousands of dollars, with prices varying based on condition and rarity.
 
1953 Corvette original price and options

  • Base price: $3,498$ 3 comma 498$3,498
  • Factory options:
    • Heater: $91.40$ 91.40$91.40
    • AM Radio: $145.15$ 145.15$145.15 

Today's value
  • The 1953 Corvette is now a highly collectible and valuable classic car. 
  • Pristine examples can command prices from $200,000$ 200 comma 000$200,000 to over $400,000$ 400 comma 000$400,000 at auction, with some rare, highly original builds fetching even more. 


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.