I present this video from Mecum’s Muscle Cars and More April 26th auction for two reasons. The first is that the commentators are absolutely correct in saying Corvettes like this 1993 40th Anniversary Edition are a great way for get started in the Corvette hobby. They represent value and performance and should be nearing the end of declining prices. That being said, I wish I was in Indy with a bidder’s card when this Corvette stalled and then was hammered for $11,000.
The 40th Anniversary Ruby Red Coupes was a popular choice in 1993 with 6,749 out of 21,590 produced. This Corvette Coupe appears to be in regular driver condition and features the very reliable LT1 350 ci 300 hp V8 mated to a 4-speed automatic transmission.
Our Corvette Price Guide puts the average value of the 1993 Anniversary Coupe at $17,900 and while we show this model still depreciating at 4% per year, $11,000 for this Corvette is a great buy.