Misallocation

1998 Chevrolet Corvette Indianapolis 500 Pace Car Edition

Sold at RM Sotheby's on March 18, 2012.

$28,600Confirmed

The price as reported by the house. Hammer price $26,000, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1998
Make and model
Chevrolet Corvette
Generation
Corvette C5
VIN
1G1YY32G1W5120708
Condition
Excellent (2)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

This car's full record

Against comparable sales

Inside the middle half of 490 comparable sales.

Middle half of sales$16,500 to $28,188
Median$21,000
Sales behind it490Likely

From 490 sales of the Chevrolet Corvette C5 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $16,500 and $28,188.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1998 Chevrolet Corvette Convertible Indy 500 Pace Car EditionBring a Trailer, Nov. 7, 2026Bring a TrailerNov. 7, 2026$34,000
1998 Chevrolet Corvette ConvertibleMecum, Oct. 24, 2026MecumOct. 24, 2026$16,000
1998 Chevrolet Corvette CoupeMecum, Oct. 24, 2026MecumOct. 24, 2026$18,000
Fairway Green Metallic 1998 Chevrolet Corvette Coupe 6-SpeedBring a Trailer, Oct. 21, 2026Bring a TrailerOct. 21, 2026$24,750
1998 Chevrolet Corvette ConvertibleMecum, Sept. 23, 2026MecumSept. 23, 2026$13,000
1998 Chevrolet Corvette Convertible Indy 500 Pace Car Edition 6-SpeedBring a Trailer, Sept. 18, 2026Bring a TrailerSept. 18, 2026$28,750
1998 Chevrolet Corvette CoupeCars & Bids, Sept. 10, 2026Cars & BidsSept. 10, 2026$17,000
1998 Chevrolet Corvette ConvertibleBring a Trailer, Aug. 13, 2026Bring a TrailerAug. 13, 2026$15,250

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
March 18, 2012Sold (this sale)RM Sotheby'sRM Sotheby's$28,600
May 15, 2025SoldMecumMecum$30,800