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Corvette Values: 1989 Corvette Coupe

by Keith Cornett on March 6, 2007

DS of Florida submitted this 1989 Corvette Coupe to Corvette Values:

1989 Corvette Coupe 1989 Corvette Coupe. VIN 1G1YY2187K5118XXX. 1,790 original one-owner miles. Red with red leather interior, L98 5.7 liter 245 hp engine. 6-Speed manual transmission and performance handling package. Leather sport seats, Blue tint removable top, power driver and passenger seats, and Delco Bose stereo system. Excellent condition inside and out. Docs include original bill of sale, temporary tag and installment contract.
This red Corvette coupe has only 1,790 miles and is in excellent condition. Few, if any, 1989 Corvettes are in existence today with this low, low mileage. The VIN # indicates it was built early in the second quarter of the 1989 production year. The curb appeal is excellent with the Red paint. The Corvette is powered by the standard 5.7 liter L98 350 ci/240 hp engine coupled with a rare 6-speed manual transmission. Only 16% of 1989 Corvettes had the manual transmission. It has nearly all of popular options including Leather Sport Seats, Blue-Tint Removable Top, and Power Driver and Passenger Seats. It also has the rare Z51 Performance Handling Package, an option found in only 8% of 1989 Corvettes. Important ingredients in establishing the value of a Corvette are mileage, condition, originality and original delivery documents. This Corvette meets all of these criteria including the original purchase document. We place a value of $25,000 on the described 1989 Sport Coupe. In addition, the average price of a 1989 Corvette Coupe today is showing a one year appreciation factor of 5%. Corvette Appraisals:
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Source:
VetteFinders.com Appraisal Service
Related:
Corvette Generational Pricing Highlights of 2006
Appreciating Corvettes: Top 12 Price Gainers of 2006
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