Sell your 1998 Chevrolet Corvette for cash

The 1998 Chevrolet Corvette is a two-seat sports car that came with a 5.7L 8-cyl engine. At 28 years old, many are reaching the point where repairs cost more than the car is worth. Running or not, we'll make you an offer and tow it away for free.

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1998 Chevrolet Corvette at a glance

Body styleTwo Seaters
Engines5.7L 8-cyl
TransmissionsAutomatic 4-spd, Manual 6-spd
DriveRear-Wheel Drive
FuelPremium Gasoline
Fuel economy15–16 city / 23–25 highway / 18–19 combined MPG
EPA annual fuel cost$4,350–$4,550 a year (EPA estimate at current fuel prices, 15,000 miles)
Tailpipe CO₂468–494 grams per mile
Versions tested by EPA2 configurations
Age28 years

Specs, fuel cost and emissions from the EPA's fueleconomy.gov data. Your car's exact equipment may differ.

What affects its junk value

  • Age: at 28 years old, most of a 1998 Corvette's value comes from reusable parts and scrap metal, not resale.
  • Weight: as a two-seat sports car, it weighs less than a truck or SUV, so its value leans more on parts than on scrap weight. See how scrap prices by weight work.
  • Catalytic converter: like all gas and diesel cars, it has a catalytic converter containing precious metals, one of the most valuable parts on a junk car. An offer assumes it's still in place. More on catalytic converters.
  • Recalls: NHTSA lists 2 recalls for the 1998 Corvette. Open recalls don't stop you from selling or junking it.
  • Known problems: owners reported the most issues with the steering, typically around 47,000 miles. If that's what failed on yours, it can still be sold as-is.

How junk car offers are calculated

1998 Chevrolet Corvette recalls

NHTSA lists 2 safety recalls covering the 1998 Chevrolet Corvette. Open recalls don't stop you from selling or junking the car, but check your VIN at nhtsa.gov/recalls to see which apply to yours.

SteeringFeb 2004 · NHTSA campaign 04V060000

On certain passenger vehicles equipped with electronic column lock systems (ecl), when the ignition switch is turned to "lock," the ecl system prevents turning of the steering system. When the vehicle is started, the ecl unlocks the steering system. The vehicle is designed so that if the column fails to unlock when the vehicle is…

Risk: If this occurs, a crash could occur without warning.

Seat BeltsApr 2000 · NHTSA campaign 00V111000

Vehicle description: passenger vehicles. The lap belt webbing can twist allowing the webbing to become jammed in the retractor.

Risk: When the belt webbing becomes jammed in the retractor, the seat belt may be unusable.

Common 1998 Corvette problems

Owners have filed 399 complaints about the 1998 Chevrolet Corvette with NHTSA. 12 reports involved a crash and 1 report involved a fire. Owners reported 5 injuries.

Complaints are reports from owners and aren't verified by NHTSA. One complaint can list several components. Mileage is the median odometer reading owners reported for that component.

Most-reported components

  • Steering82
  • Steering80
  • Steering37
  • Seats23
  • Steering15
  • Electrical System13

Typical mileage when problems were reported

  • Steering47,000 mi
  • Steering43,000 mi
  • Seats40,000 mi
  • Steering30,000 mi
  • Electrical System71,000 mi

1998 Chevrolet Corvette service bulletins

Manufacturers have filed 152 technical service bulletins and communications with NHTSA covering the 1998 Chevrolet Corvette. These are repair instructions for known issues, not recalls.

Most common bulletin topics

  • Structure15
  • Fuel System10
  • Engine and Engine Cooling9
  • Power Train9
  • Power Train7
  • Equipment6

Recent bulletins

  • Service Bulletin/Repair InstructionsOct 2023 · PIC6522

    This Preliminary Information communicates diagnostic information to dealership techs to assist them in diagnosing either a "Service Column Lock" or a "Pull Key, Wait 10 S

  • Service Bulletin/Repair InstructionsFeb 2023 · 17-NA-073

    This warranty administration bulletin provides information regarding the field action courtesy transportation policy.

  • Service Bulletin/Repair InstructionsJan 2022 · PIP4723F

    This Preliminary Information communicates to the dealer the process for downloading or updating operating software for the Tire Pressure Monitor, Active Fuel Injector tes

  • Service Bulletin/Repair InstructionsJan 2020 · PIP4723D

    This Preliminary Information communicates to the dealer the process for downloading or updating operating software for the Tire Pressure Monitor, Active Fuel Injector tes

Source: NHTSA manufacturer communications (technical service bulletins).

NHTSA defect investigations

NHTSA opened 5 defect investigations covering the 1998 Chevrolet Corvette.

SteeringEA02031 · opened Nov 2002, closed Mar 2004Led to recall 04V060000

Steering column lockup

In 2001, general motors (gm) issued customer service campaigns 1044 and 1044a to address a condition where the steering column would fail to unlock during the initial key-in and start-up in certain my 1998-2000 Corvette vehicles.however, odi continued to receive complaints concerning steering column lockup on Corvette

SteeringPE02054 · opened Jul 2002, closed Nov 2002

Steering column lockup

See resume in repository.

Seat BeltsEA00009 · opened Mar 2000, closed Apr 2000Led to recall 00V111000

Front lap belt malfunction

Odi opened this ea00-009 on march 16, 2000, to continue analyses begun under preliminary evaluation pe99-076.the alleged defect: lap belt webbing in both seating positions tends to fold over while entering the retractor opening.these folds frequently impede proper webbing retraction.if the retractor has been inadverten

Seat BeltsPE99076 · opened Dec 1999, closed Mar 2000

Front lap belt malfunction

There is no summary currently available

SteeringPE99066 · opened Nov 1999, closed Jul 2000

Steering column lock module

There is no summary currently available

Selling a 1998 Corvette: questions

How much is a 1998 Chevrolet Corvette worth for junk?

It depends on its condition, whether major parts like the engine, transmission and catalytic converter are still there, and current scrap and parts prices where you live. Its parts make up much of its value. Enter your ZIP code above for a free offer on your specific car.

Can I junk a 1998 Corvette that doesn't run?

Yes. We buy 1998 Corvettes that don't start, were in an accident, failed inspection or have a blown engine or transmission. Towing is always free.

Can I sell a 1998 Corvette with open recalls?

Yes. Open recalls don't prevent a junk sale. NHTSA lists 2 recalls for the 1998 Chevrolet Corvette; you can check whether any are still open on yours with the VIN lookup at nhtsa.gov/recalls.

What paperwork do I need to sell my 1998 Corvette?

Usually the title and a photo ID. Rules differ by state, including what to do with your plates and whether to file a notice of sale. Check our state-by-state car title guides for the official forms.

Sources

Data retrieved October 2026.

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