Guide to the 1982 Corvette

The 1982 Chevrolet Corvette was the final model in the C3 generation, and paved the way for the new C4.
Written by Matthew Lynaugh
Reviewed by Jessica Barrett
The 1981 opening of the new Corvette facility in Bowling Green, Kentucky brought on an abundance of changes and improvements for both the acclaimed ride and General Motors in 1982. 
When word got out about this new facility, the rumor mill quickly started turning—and many peoples’ suspicions of what was coming next were correct. The new C4 generation of
was on the horizon, making the 1982 model the final member of the C3 class. The next generation wouldn’t begin until 1984, but the 1982 model made for a satisfactory hold-me-over for almost two years.
We're here to act as your guide as we take a closer look at the history and features of this model. An incumbent if you will, the 1982 ‘Vette was still ambitious and rich in enhancements, ready to pave the way for the C4 generation. 

Ownership costs for a 1982 Corvette

The original MSRP for the 1982 Corvette was $18,290, while the Collector’s Edition came in at  $22,537. The latter was the first ‘Vette to exceed a retail price of $20,000.
There are still a fair number of 1982 Corvettes available for sale. The current average price you can expect to pay is $17,800, with the current low retail price at $12,900, and $30,300 for high-end retail. 

Where to buy a 1982 Corvette

Locating a 1982 Corvette will require some digging, as Chevrolet dealers are unlikely to be carrying this inventory of the past.
is a good place to start to get a feel for the current market. If something catches your eye, communication can be easily established on the site.
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What does the 1982 Corvette bring to the table?

To close out a chapter of the Corvette story, it must be done in style—and with a souped-up engine. 
This year’s engine stayed true to its roots with the tried and true 350 cubic-inch V8 that’s roared in ‘Vettes since the 1950s. With an opportunity for improvement, though, the new single transmission engine increased its horsepower and torque numbers from that of its predecessor. 
The ending of the third generation of Corvette was a chance for Chevrolet to celebrate (and cash in). To commemorate the event, the GM manufacturer introduced a one-of-a-kind edition to separate the superfans from the casuals.

Strengths and weaknesses of the 1982 Corvette

If you are considering purchasing a 1982 Corvette, here are a few things to know before you buy.

The good: cargo space

The introduction of the hatchback marks a significant moment in the Corvette’s history. 
The glass upward-lifting hatch in the back provided access to cargo not seen in previous models. Praised for its style and practicality, this modification would continue to grace the models of the future.

The good: fuel injection

The 1982 Vette boasted a fuel injection engine, making it the first “fuelie” since 1965. As a result, the engine sported greater thermal efficiency and power, as well as reducing emissions—an initiative GM started in 1981 and has since improved upon.

The good: collector’s edition

Decked out in a dazzling silver-beige tint with matching T-Top glass, owning the Collector’s Edition model made the boldest of statements. To certify authenticity, each came with its own unique VIN number.
The 1982 Collector’s Edition was met with immense praise, with many customers and critics claiming it to be the best car in the entire C3 generation.

The bad: handling

If you are going from a modern car to a 1982 Corvette, you will definitely feel the difference in their respective handling. This really isn’t a fair fight, as one of the cars is 40 years old, but it’s still something to keep in mind.
The 1982 Corvette dated its basic body structure to the 1968 model and its chassis back to 1963, something you will surely feel in 2022.

The bad: gas mileage

If you plan on making a 1982 Corvette your primary means of transportation, its weak gas mileage cannot be undermined.
With an average of 16 miles per gallon, this thirsty model will make you a regular at your local gas station.
MORE: The best gifts for Corvette owners
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The bottom line—which 1982 Corvette to buy

The 1982 Corvette helped us bid farewell to the third generation of the Corvette’s history. Praised for its enhanced engine and hatchback design, this model set the bar high for the C4s to follow.
When deciding which trim to buy, it really comes down to your level of fandom. If you consider yourself more casual or are just looking for a fun trip down nostalgia lane, the base coupe might be your best option. 
If you are more hardcore and willing to shell out a few extra bucks, then the Collector’s Edition can help you stand out from the pack.

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The Collector’s Edition became the top-rated Corvette of the C3 generation, just like
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