10K Miles: 1998 Chevrolet Corvette 1LT 6-Speed

June 28, 2023 Update – The high bid did not meet the seller’s reserve price, so we’ve moved this vehicle to our “Buy Now Male an Offer” page. 

Guys With Rides is pleased to offer Lot 220, a 9.9K-mile, Sebring Silver, 1998 Chevrolet Corvette 1LT 6-Speed Coupe in an online, reserve-style auction format on behalf of the third owner.

Bidding is now open and will continue until 4:00 PM Eastern on Wednesday, June 28, 2023.

An Illinois car all of its life, this 1998 Chevrolet Corvette 1LT 6-Speed Coupe currently resides in Elgin, Illinois, less than a 30-minute drive from O’Hare International Airport.  Fly in and drive this low-mileage 1998 C5 Corvette home!

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The Deets

Year: 1998
Make: Chevrolet
Model: C5 Corvette 1LT
Location: Elgin, IL
Mileage: 9,900
VIN: 1G1YY22G8W5125270
Exterior Color: Sebring Silver
Interior Color: Black Leather
Engine: 345hp 5.7L V8
Transmission: 6-Speed Manual
Drivetrain: Rear Wheel Drive
Fuel: Gas

Current Bid: $11,500

The 1998 Chevrolet Corvette 1LT six-speed is a classic sports car that embodies power, style, and performance. This model year represents the fifth generation of the iconic Chevrolet Corvette, also known as the C5 generation, which was produced from 1997 to 2004. The 1998 Corvette 1LT six-speed convertible is a sought-after variant due to its combination of open-top driving and thrilling performance.

The exterior of the 1998 Corvette 1LT features a sleek and aerodynamic design that captures attention wherever it goes. Its low-slung, curvaceous body is crafted from lightweight materials, including a hydroformed steel frame and composite body panels, contributing to improved performance and fuel efficiency. The convertible variant comes with a power-operated fabric top that can be raised or lowered at the touch of a button, allowing drivers to enjoy the exhilarating experience of open-air motoring.

The front end of the Corvette 1LT showcases a distinctive wide and aggressive appearance. It features pop-up headlights, a sculpted hood, and a prominent dual-port grille. The side profile reveals muscular fenders, aerodynamic side skirts, and a graceful beltline that sweeps toward the rear. At the back, the Corvette boasts a wide stance with quad taillights, a rear spoiler, and dual exhaust outlets, exuding a sense of power and speed.

Step inside the 1998 Corvette 1LT, and you’ll find a driver-focused cockpit designed to enhance the driving experience. The two-passenger cabin is snug and luxurious, with high-quality materials and attention to detail. The supportive leather-trimmed seats offer excellent lateral support during spirited driving while providing long-distance comfort. The driver’s seat is adjustable in multiple ways to accommodate various body types.

The center console houses the driver-oriented instrument cluster, featuring large analog gauges for speed, RPM, fuel level, and engine temperature. The dashboard design is sleek and modern, incorporating soft-touch materials and metallic accents. The ergonomic layout puts all essential controls within easy reach of the driver. A leather-wrapped steering wheel, power windows, and power-adjustable mirrors are standard features.

Under the hood, the 1998 Corvette 1LT packs a potent punch. It is equipped with a 5.7-liter LS1 V8 engine, a cornerstone of the C5 Corvette’s performance. This all-aluminum engine generates an impressive 345 horsepower and 350 lb-ft of torque, offering exhilarating acceleration and a thrilling exhaust note. The power is sent to the rear wheels through a six-speed manual transmission, allowing for precise gear changes and a more engaging driving experience.

The Corvette 1LT features a performance-oriented suspension setup that strikes a balance between comfort and handling. It employs an independent double-wishbone suspension with transverse composite leaf springs, which improves ride quality and handling responsiveness. The car sits on 17-inch front and 18-inch rear alloy wheels fitted with high-performance tires for enhanced grip and cornering ability.

The 1998 Corvette 1LT comes well-equipped with a range of features to enhance comfort, convenience, and safety. Some notable features include Air conditioning, an AM/FM stereo with a CD player, power seats, keyless entry, and dual front airbags.  Overall, the 1998 Chevrolet Corvette 1LT six-speed offers an exhilarating driving experience, a stunning design, and a well-appointed interior.

The third owner, an avid car collector, purchased this 1998 Chevrolet Corvette 1LT six-speed two years ago for his wife to enjoy during the summer months.  The seller notes their 1998 Corvette 1LT six-speed features black dual power leather seats dual power seats with Driver’s memory.  The car also features the optional glass targa top.

Here is a complimentary CarFax® for this 1998 Chevrolet Corvette 1LT 6-Speed Coupe confirming the three-person ownership. Unfortunately, the CarFax notes an odometer error during the first year of this Corvette’s life. CarFax incorrectly labeled this car as having a branded title despite not listing any damage whatsoever. When we questioned the seller about this, he was unaware that CarFax shows this, and from his vast experience in car ownership has not found anything wrong with the car during his ownership. The seller will be providing more detailed pictures to show just how pristine their 1998 Corvette is.

To review the CarFax, please click on the picture below. When finished, click on your browser’s back button to return back to this listing:

1998 Chevrolet Corvette 1LT Auction. Lot 220.

To help you make informed bids, we’re providing you with access to Classic.com, the analytics and search engine for the Classic Car market, that provides an interactive graph of recent comparable sales year-to-date. 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:

Exterior Gallery

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Interior Gallery

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Underhood And Undercarriage Gallery

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Tires And Wheels Gallery

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If you have any questions about this 1998 Chevrolet Corvette 1LT 6-Speed for sale, please leave a comment below or feel free to call Rudy directly at 877-468-6497.  Thank you for looking, and happy bidding!

2 Comments
  1. 1998 Chevrolet Corvette 1LT Auction. Lot 220.

    I’m new to your site. What happens if the car does not meet the reserve price?

    Reply
    • 1998 Chevrolet Corvette 1LT Auction. Lot 220.

      Hi Bruce, welcome to GuysWithRides.com! When a ride does not meet the seller’s reserve price at the end of an auction, we will first work with the high bidder(s) to see if a deal can be reached. If that doesn’t happen, we move the vehicle listing to our “Buy Now Make Offer” page where buyers can either agree to the Buy Now price (usually the same as the auction’s reserve price) or make a realistic offer we present to the buyer. The four percent buyer’s fee remains in place as long as the seller agrees to keep the car listed on GuysWithRides.

      Reply

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