1998 Chevrolet Corvette Reviews, Pricing & Specs
Overview
The second year of the C5 platform (1997-2004), the 1998 Corvette shares the C5 tradition of being a wonderful value in terms of its...
The second year of the C5 platform (1997-2004), the 1998 Corvette shares the C5 tradition of being a wonderful value in terms of its performance-to-price ratio.
Consumers applaud the car's handling and acceleration as well as its everyday drivability. Many are surprised to find out that despite its performance heritage, the car achieves relatively good gas mileage: 18 mpg city/27 highway. With comfortable seats and a trunk that can handle two golf bags and luggage for two, the 1998 Corvette can be comfortably taken on long trips.
As for drawbacks, consumers find that the car does attract quite a bit of notice. If you strive to avoid attention, this might not be the right car for you. In terms of repair history, the 1998 Corvette has a known problem with its steering lock column. However, this is not an expensive part to get repaired.
Overall, the 1998 Corvette offers great performance and comfortable everyday driving, all at a reasonable price.
What owners say
"Overall, drivers are highly impressed with the 1998 Chevrolet Corvette, praising its powerful performance, sleek design, and comfort. They enjoy the exhilarating driving experience, responsive handling, and eye-catching looks. However, some drivers mention that maintenance can be a bit pricier than average, and a few expressed concerns over limited interior space and features like the small cup holder."
This car was fun to drive and powerful enough to enjoy on long road trips. Had many nice features and accessories. It was solid as to fit and finish. I always worried about scraping the bottom going into driveways. Despite hoping to own it a long time, it was nearly crushed when a mini monster truck drove over its rear end.
November 5, 2011This C5 Corvette is a jewel. Appears like a new model, fresh from the dealer’s showroom. Very well designed for the novice sports car enthusiast. My only issue was the single cup holder too small.
January 28, 2023I have owned a vette since 1969 and each and every one was very special to me. The Vette I own now is a 1998 Torch Red, black interior,this Vette was a Museum delivery car, I had the opportunity to watch as it was being built, and I was first to start it. This Vette has a lot of sentimental value and I probably will keep it for the rest of my life. It now has 8913 actual miles on it.
March 15, 2008What owners say
This car was fun to drive and powerful enough to enjoy on long road trips. Had many nice features and accessories. It was solid as to fit and finish. I always worried about scraping the bottom going into driveways. Despite hoping to own it a long time, it was nearly crushed when a mini monster truck drove over its rear end.
November 5, 2011This C5 Corvette is a jewel. Appears like a new model, fresh from the dealer’s showroom. Very well designed for the novice sports car enthusiast. My only issue was the single cup holder too small.
January 28, 2023I have owned a vette since 1969 and each and every one was very special to me. The Vette I own now is a 1998 Torch Red, black interior,this Vette was a Museum delivery car, I had the opportunity to watch as it was being built, and I was first to start it. This Vette has a lot of sentimental value and I probably will keep it for the rest of my life. It now has 8913 actual miles on it.
March 15, 2008Color is great . The convertible version of the 1998 added the trunk. Plus there was a reduction of over 1500 components which reduced weight and potential rattles. I prefer the convertible model. Great car
May 14, 2023Though red is not a favorite of mine, the 1998 Corvettes are plentiful on the market, and priced right, all things considered. The standard 350 engine is reliable when serviced regularly, and is good for 200,000 miles or more. Maintenance costs are slightly higher than an average sedan due to the technology that the Corvette uses. Tires alone can be $350+ each. It also takes premium grade fuel. This one pictured is the fifth generation body style known as a C5. Theyre great cars. I have had a C4, two C5s, and am now driving a C6. Sporty and powerful, this car takes a sure hand on the steering wheel.
August 26, 2021This is the most fun I ever had driving a car.. When you hit the canyon roads in this car you'll have a perma-grin and your heart will be racing.. I've been in porches before and I would still take this vette anyday!
August 10, 2009I personally think for the market at the moment it is the best sports car you can get for the price.
August 12, 2022Bulletproof Drive train,extremely well engineered,blistering performance,great ride and ease of entry vs. my previous Vettes. Best bang per buck I have found. Plus its a convertible! Mine is a very low mileage example few mods show winner
April 18, 2011The best bang for your buck...in any car out there...Very strong acceleration in any gear..stops on a dime an the mileage is really good when you consider the fun factor...gets lots of attention from everone who sees it...Torch Red with black interior best combo
January 24, 2011this car is so fast. before you can think, your at highway speeds. the styling makes it the best looking type of corvette. c5's are the best looking corvettes. has plenty of room. sounds awesome. don't have to try to do a burnout, does it effortlessly. i've gotten up to 155mph easily. 0-60 4.5 - 4.7 seconds. pretty good.
September 10, 2009Trims & specs
Base MSRP $38,060 | Seating 2 |
Engine N/A | Cargo Capacity 24.8 cu ft |
Combined MPG N/A | Drivetrain N/A |
Base MSRP $44,990 | Seating 2 |
Engine N/A | Cargo Capacity 13.9 cu ft |
Combined MPG N/A | Drivetrain N/A |
Pricing trends
MSRP range
$38,060 - $44,990
Current avg. market price
$18,504
Trending down by 0.4% this month
May 2026 - November 2026
