Misallocation

1989 Chevrolet Corvette Convertible

Sold at Mecum Auctions on Jan. 9, 2025.

$27,500Confirmed

The price as reported by the house. Hammer price $25,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1989
Make and model
Chevrolet Corvette
Generation
Corvette C4
Version
Corvette C4
Gearbox
Manual
VIN
1G1YY318XK5116824
Condition
Good (3)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

Above the middle half of 421 comparable sales, 69% over its top.

Middle half of sales$8,200 to $14,750
Median$11,000
Sales behind it421Likely

From 421 sales of the Chevrolet Corvette C4 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $8,200 and $14,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1989 Chevrolet Corvette ConvertibleMecum, Jan. 7, 2026MecumJan. 7, 2026$15,000
1989 Chevrolet Corvette Convertible 6-SpeedBring a Trailer, Aug. 23, 2025Bring a TrailerAug. 23, 2025$12,250
1989 Chevrolet Corvette Coupe Z51 6-SpeedBring a Trailer, May 16, 2025Bring a TrailerMay 16, 2025$16,500
1990 Chevrolet Corvette Convertible 6-SpeedBring a Trailer, Oct. 18, 2026Bring a TrailerOct. 18, 2026$8,900
1989 Chevrolet Corvette ConvertibleBring a Trailer, Oct. 17, 2026Bring a TrailerOct. 17, 2026$7,000
1988 Chevrolet Corvette Coupe 4-SpeedBring a Trailer, Sept. 1, 2026Bring a TrailerSept. 1, 2026$15,500
34-Years-Owned 1988 Chevrolet Corvette Coupe 4-SpeedBring a Trailer, Aug. 18, 2026Bring a TrailerAug. 18, 2026$22,501
1988 Chevrolet Corvette ConvertibleMecum, Aug. 13, 2026MecumAug. 13, 2026$7,800

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
July 25, 2024SoldMecumMecum$16,500
Sept. 19, 2024Did not sellBring a TrailerBring a Trailer$10,000 high bid
Jan. 9, 2025Sold (this sale)MecumMecum$27,500