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1987 Chevrolet Corvette Convertible: market value and price history

1987 Chevrolet Corvette Convertible Market Value & Price History

The 1987 Chevrolet Corvette Convertible has a market value of $11,460, based on 10 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2021 between $12,650 and $17,600. No comparable sale since Oct 10, 2025, so this value may not reflect today's market.

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Market Value
$11,460
No comparable sale since Oct 2025
Median Sale
$14,160
Typical Range
$12,650 – $17,600
middle half of sales · full $11,250–$18,150
Auction Sales
10
Avg Mileage
67,071
Original MSRP
$33,172

Data: DriveIndex. 10 verified auction sales for the 1987 Chevrolet Corvette Convertible, latest sale Oct 10, 2025. Methodology

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1987 Chevrolet Corvette Convertible Price History

The median 1987 Chevrolet Corvette Convertible sold for $12,000 in 2025, against $15,120 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
2025$12,0003
2022$15,1205

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

Recent 1987 Chevrolet Corvette Convertible Auction Results

SoldPriceMileageGearbox
Oct 10, 2025$11,25025,000 miAutomatic
Sep 14, 2025$12,00025,000 miAutomatic
Apr 24, 2025$13,20028,496 mi—
May 26, 2024$15,500243,500 miAutomatic
Nov 18, 2022$15,12018,431 mi—
Oct 13, 2022$18,150——
Jul 27, 2022$13,200—Automatic
Jan 14, 2022$12,65062,000 miAutomatic
Jan 14, 2022$17,600—Automatic
Jan 7, 2021$18,150—Manual

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

All Chevrolet Corvette Convertible auction results →

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Chevrolet Corvette Convertible by Year

All Corvette Convertible →All C4 Corvettes →20132011201020092008200720062004200320022001200019991998199619951994199319921991199019891988198719861975197419731972197119701969196819671966196519641963
Which Corvette Convertible year should you buy? Every year compared →

1987 Chevrolet Corvette Convertible: Frequently Asked Questions

How much is a 1987 Chevrolet Corvette Convertible worth?

A 1987 Chevrolet Corvette Convertible is worth approximately $11,460, based on 10 verified auction sales tracked by DriveIndex. No comparable sale since Oct 10, 2025, so this value may not reflect today's market. Half of all verified sales fall between $12,650 and $17,600; the full verified range is $11,250 to $18,150. Condition, mileage and options move an individual car within that band.

How much did a 1987 Chevrolet Corvette Convertible cost new?

The 1987 Chevrolet Corvette Convertible carried an original MSRP of $33,172. Its DriveIndex market value is $11,460. No comparable sale since Oct 10, 2025, so this value may not reflect today's market.

How much has the 1987 Chevrolet Corvette Convertible depreciated?

The 1987 Chevrolet Corvette Convertible is worth about 65% less than it cost new: it carried an original MSRP of $33,172, and its DriveIndex market value is $11,460. That compares the DriveIndex value with the sticker price, not adjusted for inflation. No comparable sale since Oct 10, 2025, so this value may not reflect today's market.

How many 1987 Chevrolet Corvette Convertible sell per year?

DriveIndex has tracked 10 1987 Chevrolet Corvette Convertible sales at auction.

Are 1987 Chevrolet Corvette Convertible sale prices higher or lower than a year ago?

There aren't yet enough recent sales to compute a reliable 12-month price direction for the 1987 Chevrolet Corvette Convertible. 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 1987 Chevrolet Corvette Convertible?

DriveIndex tracks for-sale listings and auction results for the 1987 Chevrolet Corvette Convertible from the world's leading collector-car auction houses and marketplaces.

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