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Corvette Values: 1996 Corvette Grand Sport Convertible

by Keith Cornett on November 21, 2011

Corvette Values: 1996 Corvette Grand Sport Convertible

BD in Florida submitted this 1996 Corvette Grand Sport to Corvette Values:

1996 Corvette Grand Sport Convertible, VIN #1G1YY3251T56007XX. Admiral Blue with Red/Black leather interior. All original with no modifications. 20,000 Miles, LT4 350/330 HP. Options include F45 suspension, U1F Delco Bose Stereo, UJ6 Low Tire Pressure Warning System, Run Flat Tires. Documentation includes window sticker and shipping documents.

Find out how we valued this Corvette Grand Sport Convertible after the jump.

Corvette Values: 1996 Corvette Grand Sport Convertible Corvette Values: 1996 Corvette Grand Sport Convertible Corvette Values: 1996 Corvette Grand Sport Convertible

1996 Corvette Grand Sport Convertible, VIN #1G1YY3251T56007XX. This VIN indicates this Corvette is a bona fide factory Grand Sport Convertible, not a replica. We know this because the Grand Sport Editions had a dedicated VIN.

The total Grand Sport 1996 production was 1,000 units: 810 were Coupes and 190 were Convertibles.

The Grand Sport package included the new version of the 350 motor, LT4, pumping out 30 more HP than the base LT1 motor. The new LT4 was rated at 330 HP and was packaged with the 6-speed manual transmission.

The Grand Sport paint was Admiral Blue with a White center stripe and special detailing. The Convertible top was White. From an interior perspective, two selections were available for this model in 1996: Black and Red/Black. The rare interior selection for the 190 Convertibles produced was Red/Black with only 53 buyers making this selection. This Convertible has one of the rare interiors.

From an options perspective, this Corvette has the F45: Selective Real Time Damping System, a $1,695 option reported to be selected by only 42 of the Grand Sport Convertible buyers with Red interiors.

At a recent Bloomington Gold seminar on collectible Corvettes, the 1996 Grand Sport was one of the models discussed. The consensus was the 1996 Grand Sport Convertible with its limited production run has the potential to become one of the true late model collectibles.

In addition, our tracking data shows few of this year and model are for sale and most of the ones brought to auction are not sold based on a high reserve price. We recorded ‘no sale’ prices in the $41,000 to $45,000 range in recent months.

Facts to consider in appraising this Corvette is collectibility, rare options like the Red interior and mileage. We place a value on this 1996 Corvette Grand Sport Convertible at $58,000.

Corvette Appraisals:

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Source: Appraisal Service

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