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1998 Chevrolet Corvette Convertible Indy Pace Car Edition: market value and price history

1998 Chevrolet Corvette Convertible Indy Pace Car Edition Market Value & Price History

The 1998 Chevrolet Corvette Convertible Indy Pace Car Edition has a current market value of $31,410 as of Oct 13, 2026, based on 15 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2022 between $24,750 and $31,900. Based on US sales through Sep 18, 2026. 6 have sold in the past 12 months. The median sale price is down 8.4% over the past 12 months versus the prior year.

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Market Value
$31,410
Sales through Sep 2026
Median Sale
$28,500
Typical Range
$24,750 – $31,900
middle half of sales · full $21,250–$41,000
Auction Sales
15
Avg Mileage
11,192
Original MSRP
$49,705

Data: DriveIndex. 15 verified auction sales for the 1998 Chevrolet Corvette Convertible Indy Pace Car Edition, latest sale Sep 18, 2026. Value as of Oct 13, 2026. Methodology

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1998 Chevrolet Corvette Convertible Indy Pace Car Edition Price History

The median 1998 Chevrolet Corvette Convertible Indy Pace Car Edition sold for $29,700 in 2026, against $30,792 in 2022. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.

YearMedian saleSales
2026$29,7003
2025$26,6256
2022$30,7924

Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.

Recent 1998 Chevrolet Corvette Convertible Indy Pace Car Edition Auction Results

SoldPriceMileageGearbox
Sep 18, 2026$28,75019,000 mi—
Feb 26, 2026$41,00022 mi—
Jan 14, 2026$29,70026,457 miManual
Dec 18, 2025$23,00014,000 mi—
Nov 14, 2025$24,75014,000 mi—
Oct 15, 2025$28,50014,000 miManual
Sep 11, 2025$31,2503,200 mi—
Jun 7, 2025$31,90025,995 miManual
Apr 24, 2025$22,000——
Oct 3, 2024$21,25015,000 mi—
Sep 25, 2024$22,2534,500 mi—
Jul 29, 2022$25,300—Manual
May 24, 2022$33,3331,300 miAutomatic
Mar 2, 2022$37,50018 miManual
Feb 13, 2022$28,2508,000 mi—

Verified results from the world's leading collector-car auction houses and marketplaces.

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1998 Chevrolet Corvette Convertible Indy Pace Car Edition: Frequently Asked Questions

How much is a 1998 Chevrolet Corvette Convertible Indy Pace Car Edition worth?

A 1998 Chevrolet Corvette Convertible Indy Pace Car Edition is worth approximately $31,410 as of Oct 13, 2026, based on 15 verified auction sales tracked by DriveIndex. Based on US sales through Sep 18, 2026. Half of all verified sales fall between $24,750 and $31,900; the full verified range is $21,250 to $41,000. Condition, mileage and options move an individual car within that band.

How much did a 1998 Chevrolet Corvette Convertible Indy Pace Car Edition cost new?

The 1998 Chevrolet Corvette Convertible Indy Pace Car Edition carried an original MSRP of $49,705. Verified examples now trade around $31,410.

How much has the 1998 Chevrolet Corvette Convertible Indy Pace Car Edition depreciated?

The 1998 Chevrolet Corvette Convertible Indy Pace Car Edition is worth about 37% less than it cost new: it carried an original MSRP of $49,705, and verified examples now trade around $31,410. That compares today's value with the sticker price, not adjusted for inflation.

How many 1998 Chevrolet Corvette Convertible Indy Pace Car Edition sell per year?

6 have sold at auction in the past 12 months. DriveIndex has tracked 15 1998 Chevrolet Corvette Convertible Indy Pace Car Edition sales in total.

Are 1998 Chevrolet Corvette Convertible Indy Pace Car Edition sale prices higher or lower than a year ago?

The median 1998 Chevrolet Corvette Convertible Indy Pace Car Edition sale price is down 8.4% over the past 12 months versus the prior year, based on verified auction sales. That figure tracks the median of what actually sold, so it moves with the mix of mileages and options that came to market as well as with the market itself. The full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection are part of DriveIndex Pro.

Where can I buy a 1998 Chevrolet Corvette Convertible Indy Pace Car Edition?

DriveIndex tracks for-sale listings and auction results for the 1998 Chevrolet Corvette Convertible Indy Pace Car Edition from the world's leading collector-car auction houses and marketplaces.

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