Corvette Values: 1996 CE Convertible


JM from IN submitted the following to Corvette Values: 1996 Collector’s Edition Convertible. VIN 1G1YY325OT51053XX. Sebring Silver with Black interior, Black top. LT4 Engine, 6-Speed Manual Tranmission. 29,705 Miles. Power Braks, Steering, Windows. Exterior and interior are in Good condition. No original sales documents or owner history. This corvette is a genuine 1996 Collector Edition Corvette Convertible, VIN #IGIYY3250T51053XX. The VIN indicates it was built early in the 1996 Corvette production year. As with all Collector Edition Corvettes, the exterior paint color is Sebring Silver Metallic, code #13. The interior of the Convertible as well as the convertible top are Black. The overall condition for this Corvette is termed “good”. The current mileage is 29,705, considered low for a 1996 vehicle. It is powered by the LT4 motor rated at 330 HP and coupled with a 6-speed manual transmission. During the 1996 Corvette production year, 30% of the Corvettes built had this engine and transmission combination. The Collector Edition option was available for both the Coupe and Convertible. A total of 5,412 Corvettes were ordered with this option of which 1,381 were convertibles. Total production of convertibles for the 1996 model year was 4,369, thus only 32% had the Collector Edition option, in total a somewhat rare option especially coupled with the LT4 motor. The “curb appeal” of this 1996 Corvette is excellent with its Silver paint and contrasting Black top and interior. This Corvette is equipped with many of the feature options that were available for the 1996 model year. No original delivery documentation or owner history is available with this Corvette. We place the value of this 1996 Corvette convertible at $26,000. In our pricing database we actually show an increase of 1% year to year for Collector’s Edition Convertibles while average 1996 Convertibles are still depreciating in value. Submissions:
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