As of October 2015, prices for a used C5 Corvette start at around $15,000 and reach over $30,000 for premium vehicles. The price varies depending on factors that include vehicle condition, mileage, year, trim and location. To find price estimations online, use the AutoTrader.com Value a Car tool.
The C5 Corvette model was launched in March 1997 and continued production until 2004. The vehicle featured a new chassis with even weight distribution between front and rear axles. The initial models came with a 5.7-liter V8 engine that produced 345 horsepower, resulting in a 0-60 mph time below five seconds. The last C5 Corvette model, the 2002 Z06, boasted a 405 horsepower engine.