The fourth generation of the Chevy Corvette (C4) was in production from 1984 to 1996. By 1992, sales had cooled off to just under 20,500 copies, its lowest in 30 years. The ’92 convertible was a relatively rare model in that just 5,672 units were assembled. That includes the seller’s drop-top which appears to be in fairly good shape for the age and mileage, though only one exterior photo is provided. Another tip from Mitchell G.!
One milestone for the Corvette occurred during the 1992 model year in that Chevy built the one-millionth ‘Vette. Coupes were the most popular, comprising more than two-thirds of the anemic sales numbers that year. Only 500 or so Corvettes had the ZR-1 Special Performance Package. No mention is made of this with the seller’s car because it was only offered on the coupe. Just over 3,200 Corvettes were painted black in 1992.
This ‘Vette has seen minimal use in that the odometer reads 60,000 miles (less than 2,000 on average per year). It’s said to be fully equipped including leather seats, which show a little wear as that material tends to do over time. With the sale comes a new convertible top for the buyer to install. The seller has treated the car to a recent 30,000-mile service that included new spark plugs, wires, and so forth.
All-in-all, this Corvette is said to run great, and everything works as it should. While the seller says the book value for the vehicle should be at least $12,000, he/she has reduced the asking price to just under $8,000 for a quick sale. Located in New Bedford, Massachusetts, this version of “America’s Sports Car” can be found here on craigslist.
I’d tear my hair out if I had enough left over the fact that here is yet another car with meager/scarce/poor photographs. If it’s priced for “quick sale”, we need to see more. But then again it is a Craigslist seller, so who knows.
The best value on the market hands down! You can’t get a big block vette for 20 ish or a ZR1! Who says there are no bargains on horsepower is wrong!
There is no “bargain on horsepower” here either. C4s are absolute pigs as far as performance goes. I will admit that the price is about right.
@ Charles Jenkins that top spot goes to the C3s from 1973-1982. These years hardly spun the tires on gravel. Besides that they couldn’t get out of their own way.
@Charles- What year C4 did you own, that was an “absolute pig” as far as performance goes?
A nice toy for not a lot of money.
The good news is the LT1 was new for ’92. The only other good news is C4’s are a cheap way to get a ‘sports car’. This car, being an automatic, take the ‘sports’ out of ‘sports car’.
$8000? Sure, easy on the pocketbook but, being a Massatwochits car, a thorough undercarriage inspection is a must. Buy it, tinker with it over the winter, and drive the snot out of it in the spring.
Nice car, very clean condition, I too would prefer the 3 pedal version. I may be wrong, but it appears that the serpentine belt is installed inside out, this will be a problem soon. I wonder if the same guy who installed the belt, also performed the 30k service. Do a thorough inspection, this could be a good buy.
The serpentine belt is ribbed on both sides. Unusual, but that’s why it looks like that. Just had mine replaced on my ’92 convertible.
Only 1 exterior photo ? well, it looks Ok but from my buying experience with C4’s you need to have the safety / Certification as part of the deal. Mine
( a ’93 ) just needed a serpentine belt and the turn signals were not working.
I also found the headlights were not working properly ( which I fixed myself).
That being said these make great boulevard cruisers, but not so much a tire smoker. An interesting fact; for ’92 if you had a yellow one it was a rare color
( only 678 made).
Frank Sumatra: I didn’t own a C4 because at the time I had a ’75 roadster with a ’70 LT1 and an M-21 and I wasn’t about to part with it for what I still believe to be the most unattractive Corvette ever produced. I had plenty of experience with them though, as my sister had the unfortunate experience of buying an ’84 and a good friend had an ’87. And they were both pigs. Up to that point, I had owned a Corvette in one form or another since ’67, and I thought at the time that I would never buy another new one because of what they had devolved into. That all changed when I bought a ‘2000 FRC, (which I still have) and Corvettes once again became the coolest car for the money on the planet.
I have my 1992 Corvette convertible on the market right now (white with black interior), and I can say the C4 market is soft at the moment. My car has some considerable “pluses” over the car listed here: optional factory hardtop, all new tires, brakes, rotors, calipers, S-belt, I’ve upgraded all the lights to Morimoto lights, had the entire Bose system professionally pulled and new system put in, and a few other things like sun visors replaced…I’m sure there are some things I forgot. I’m the 3rd owner which is quite rare for a C4, and 68k miles. Mine is a super basic model: no FX3, no power passenger seat, etc. I’ve had it at $12,500 or offer for a month or so with very little interest. I’m fine on hanging onto it, too, though. While not fast by today’s standards (my SRT-8 has all the speed I need), they make great cruisers.