Misallocation

1989 Chevrolet Corvette

Sold at Mecum Auctions on May 16, 2023.

$23,650Confirmed

The price as reported by the house. Hammer price $21,500, 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
Automatic
VIN
1G1YY2189K5126030
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

Above the middle half of 422 comparable sales, 45% over its top.

Middle half of sales$8,200 to $14,825
Median$11,000
Sales behind it422Likely

From 422 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 $14,825.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1989 Chevrolet Corvette ConvertibleBring a Trailer, Oct. 17, 2026Bring a TrailerOct. 17, 2026$7,000
1989 Chevrolet Corvette CoupeBring a Trailer, Feb. 21, 2026Bring a TrailerFeb. 21, 2026$10,750
1989 Chevrolet Corvette CoupeBring a Trailer, Jan. 24, 2026Bring a TrailerJan. 24, 2026$8,200
1989 Chevrolet Corvette ConvertibleBring a Trailer, Jan. 20, 2026Bring a TrailerJan. 20, 2026$20,650
1989 Chevrolet Corvette CoupeMecum, Oct. 29, 2025MecumOct. 29, 2025$5,600
1989 Chevrolet Corvette ConvertibleBring a Trailer, Oct. 12, 2025Bring a TrailerOct. 12, 2025$7,250
1989 Chevrolet Corvette ConvertibleBring a Trailer, July 26, 2025Bring a TrailerJuly 26, 2025$20,250
1989 Chevrolet Corvette CoupeBring a Trailer, May 21, 2025Bring a TrailerMay 21, 2025$14,100

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
Aug. 31, 2014SoldRM Sotheby'sRM Sotheby's$16,500
May 16, 2023Sold (this sale)MecumMecum$23,650
Aug. 31, 2023Did not sellBring a TrailerBring a Trailer8,000$17,750 high bid
May 11, 2024Did not sellMecumMecum$20,000 high bid
Dec. 6, 2024SoldBring a TrailerBring a Trailer8,000$18,050