47K Miles: 1998 C5 Corvette Coupe

October 6, 2021 Update: The high bid of $7,950 did not meet the seller’s reserve price of $15,000, so we’ve moved this 1998 C5 Corvette Coupe to our “Rides Still Available” page. Click the blue “Buy Now” button below to navigate to the bid page where you can select the “Buy Now” option.

October 5 Update – The Seller Just lowered the reserve price on this 1998 C5 Corvette Coupe!

GuysWithRides.com is proud to offer this 1998 Chevrolet Corvette Coupe we are offering online in a reserve price style auction on behalf of the private seller.

Bidding started Wednesday, September 22, 2021, and runs for 14 consecutive days through Wednesday, October 6, at 7:00 PM Eastern time.

This 1998 Chevrolet Corvette Coupe currently resides as part of a private collection near New Hope, Pennsylvania, which is about one hour’s drive from either Newark or Philadelphia International Airports.

Current High Bid = $7,950

Reserve Price= $15,000

Reserve Meter – the green bar indicates how close the high bid is to the seller’s reserve price. When the green bar is full, the reserve has been met!

To inspect all of the pictures provided, click on the photograph below to enlarge it and then click on the gray “<” and “>” icons to navigate through all of the other stills in this carousel. NOTE: If you do not see the first picture immediately, please click on the white space and the pictures should start to appear before they are fully loaded.

After almost 15 years with the fourth generation Corvette, GM released the most radically new version of America’s sports car since the model’s debut in 1953. The new C5 was both lighter and stiffer than the C4 thanks to hydroformed frame rails and featured a transaxle that both improved weight distribution and freed up interior space. Drive-by-wire throttle and variable effort power steering were other new features but, most importantly, the C5 Corvette introduced the world to the all-aluminum LS V-8 engine, undoubtedly one of the best engines ever made and one that’s been used in countless engine swaps from restomods to NA Miatas and even Toyota minivans. In the C5, the LS1 was mated to a new Borg-Warner T-56 6-speed transmission, while a four-speed automatic remained available.

The private seller is the third owner of this 1998 Corvette Coupe who purchased the car nearly ten years ago when it had approximately 42K miles. During his ownership, the seller added approximately five thousand miles. As the pictures and videos illustrate, beyond the exterior blemishes we’ve documented in the pictures provided, the only notable interior flaw is a tear at the top of the driver’s seat integrated headrest.

Mechanically, the Check Engine Light was illuminated during our photography session. The seller confirmed the fault code is an emissions warm-up-related item that he was going to have looked into. We will provide an update as soon as the seller provides feedback.

We’re providing a complimentary CarFax® confirming the clean ownership history, mileage, and the fact this Corvette has never been the recipient of any accident damage. Please click on the picture below to read the full report:

To help you make informed bids, we’re providing a link to Classic.com, the analytics and search engine for the Classic Car market, that provides an interactive graph of recent comparable sales in the past two years. As you’ll note in the comments below, the graph link provided by Classic.com is not separating out 1998 C5 Corvettes the way we would like, so here is a still shot of the desired graph:

By clicking on the green dots, you can navigate to each comparable car sold as a way to help you make an educated bid on the car we are featuring for auction here:

If you have any questions about this 1998 Chevrolet Corvette Coupe, please leave a comment below or feel free to call Rudy directly at 877-468-6497.  Thank you for looking and happy bidding!

13 Comments
  1. Anonymous

    Do you have info on the engine light yet? Thanks

    Reply
    • Guys with Rides

      We are in the process of checking with the seller for an update and will let you know as soon as we do.

      Reply
      • Anonymous

        Any information on the engine light yet?

        Reply
        • Guys with Rides

          Apologies for the delay in responding. The seller is still in the process of confirming the exact issue, but the error code is related to catalyst warmup efficiency. We’re trying to confirm whether we will have this fixed as part of the sale and will confirm for you ASAP.

          Reply
          • Guys with Rides

            Okay, the seller just confirmed the error code stems from a bad secondary air pump. He plans to resolve that problem prior to the car changing hands. Also note that he just lowered the reserve price.

  2. Anonymous

    Why is the comparison sales chart using a 3 to 6 year newer vehicle and a Z06 mode that fetches a lot more money?

    Reply
    • Guys with Rides

      Thank you for asking the question about the graph. Unfortunately, upon seeing your comment, we noticed that the code provided by Classic.com is not segmenting out just 1998 Base C5s despite it showing on their website. Consequently, we’ve updated it accordingly. We’ve updated a still image and posted it above the interactive one above. Further to your point, the interactive graph was only showing Z06s, show we updated that as well. Clicking on the classic.com link above takes you directly to the proper page that provides a better comparison. Thank you for keeping us honest – Mea Culpa!

      Reply
  3. samrat

    I think I am asking same question again didn’t see any picture with top on can you please provide a picture of the top ? just want to see if top is in good condition and it don’t leak

    Reply
    • Guys with Rides

      Samrat, thank you for asking. While we did not take any pictures of the top installed (sorry about that), pictures 24, 25, 26, and 27 show the black acrylic top stowed in the rear compartment. The seller states that the top works and seals well but cosmetically is in need of a polish.

      Reply
  4. Rod Fuller

    Is this still for sale and can I come and look at it? I live in S. Jersey.

    Reply
    • Guys with Rides

      Hi Rod, the high bid of $7,950 did not meet the seller’s reserve price of $15,000 so we moved it to our “Rides Still Available” page. If you are serious about buying this car for $15,000, you can register and select the “Buy Now” option, after which we will get you in contact with the seller to view the car. If you decide not to move forward with the purchase after seeing it, we will promptly refund the buyer’s premium.

      Reply
  5. samrat batura

    hello I can offer $12000 for this car if that suits buyer I will go ahead and buy

    Reply
    • Guys with Rides

      The price of $15,000 is a great buy for a 47K original mile C5 Corvette. If you don’t agree with that price, then we wish you nothing but the best trying to find one just as nice for $12K.

      Reply

Submit a Comment

Your email address will not be published.