Guide for the 1998 Corvette
If you’re looking for a used sports car, the 1998 Corvette is a great option.
Written by Ethan Moser
Reviewed by Jessica Barrett
Named MotorTrend’s “Car of the Year for 1998”, the 1998 Chevrolet Corvette rises above other sports cars in its class with a stellar all-aluminum 5.7-liter V8 engine and rear-mounted transaxle.
The ‘98 Vette boasts raw power with over 240 horsepower at 5,600 rotations per minute and a competitive 350 pound-feet of torque at 4,400 rpm. One of the Corvette’s most attractive features, however, is that its show-ready styling and top-notch performance remain affordable amongst a crowd of overpriced sports cars.
Here to dish on everything you’ve ever wanted to know about the 1998 Corvette and how to get one for yourself is the
car insurance
super app Jerry
. From true costs of ownership to the ups and downs of the 1998 Corvette, we’ve crafted a comprehensive guide to all the essentials you need to know. Plus, we'll share some tips on how you can save on your Corvette insurance costs
.
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Ownership costs for a 1998 Corvette
The cost of owning a 1998 Corvette is going to vary depending on the trim level, styling, condition, and mileage on the vehicle. Available as both a coupe and a convertible, the 1998 Corvette usually resells for between $10,000 and $16,000 according to Kelley Blue Book (KBB).
KBB also provides an impressive consumer rating of 98% driver satisfaction for the model, and the ‘98 Corvette receives near-perfect ratings in terms of value, quality, reliability, performance, comfort, and styling.
To determine the true cost of ownership for a used 1998 Corvette, however, you’ll need to factor in additional costs such as insurance, maintenance, and repair costs. On average, you can expect to pay upwards of $900 a year to insure your 1998 Corvette.
Additionally, because the ‘98 Corvette is nearly 25 years old, you should expect a number of repair costs to factor into your overall cost of ownership, especially if your model has high mileage. Thankfully, with more than 30,000 1998 Corvettes having been produced in the US, finding parts shouldn’t be too much of a challenge.
Where to buy a 1998 Corvette
If you’re interested in purchasing a used 1998 Corvette, websites like
Edmunds
and Autotrader
can help you to locate local Chevy dealerships. If you’re hoping to buy independently, you can also check out Corvette forums
online for listings and advice from fellow enthusiasts.
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What does the 1998 Corvette bring to the table?
The 1998 Corvette is the second addition to the model’s fifth-generation line-up and the first Corvette since 1962 to feature a separate trunk with outside access and 13.9 cubic feet of cargo space. Building on the success of the 1997 Corvette, the sports car received wide acclaim from critics, even being selected as the official pace car of the 1998 Indianapolis 500.
Strengths and weaknesses of the 1998 Corvette
If you’re in the market for a used 1998 Corvette, you’ll want to consider the car’s accolades, but also its drawbacks, to make an informed decision.
The good: speed
Like all Corvettes, the 1998 Corvette boasts an impressive speed rating, going from 0-60mph in as little as 4.72 seconds!
Topping out at a maximum 175 mph, the 1998 Corvette is a gem for drivers seeking a performance-driven vehicle.
The good: cargo space
The 1998 Corvette is the first model since 1962 to reintroduce a separate trunk with outside access onto its convertible model. Offering drivers an impressive 13.9 cubic feet of cargo space, the 1998 Corvette is a star in terms of not only performance but also practicality.
The good: precision
Precise in both performance and styling, the 1998 Corvette’s super-rigid body structure eliminated squeaks and rattles while offering a smooth and refined driving experience.
Similarly, the car’s styling has an unsurpassed attention to detail, featuring a glossy exterior paint job and immaculate design. The 1998 Corvette combines the best of both style and substance.
The bad: mechanical issues
Mechanical issues are to be expected in any vehicle produced more than 20 years ago. That being said, drivers of the 1998 Corvette have reported a number of automotive issues, including a leaking battery, needle bearing failure, and warped rotors, that drivers will want to take into consideration before buying.
The bad: wear and tear
Again, because the 1998 Corvette is more than two decades old, you should expect wear and tear. Nonetheless, drivers should be aware of common issues affecting the model, namely that the seat’s wire springs have a tendency to poke through and that both the driver and passenger seats rock back and forth somewhat during intense acceleration and braking.
The bottom line—which 1998 Corvette to buy
Unlike newer Corvettes, you only really have two options when it comes to fifth-generation Corvettes: coupe or convertible. This is mainly a question of personal preference, but the body style can also affect the car’s safety and reliability since the coupe offers added protection in the event of an accident.
While there is little choice between trim levels for the 1998 Corvette, the model is available in an impressive nine exterior paint colors including medium purple pearl metallic and torch red.
How to save money on car insurance for the 1998 Corvette
No matter which choices you make regarding your 1998 Corvette, you can rest assured that you’ll be saving money on car insurance with
Jerry
. As a licensed insurance broker and trusted comparison tool
, Jerry is the super app that all Corvette drivers need. Saving with Jerry couldn’t be easier—just download the app, enter your information, and watch as Jerry matches you with competitive quotes from top insurance providers in less than 45 seconds!
On average, Jerry saves users over $800 a year on car insurance, taking a decent percentage out of the average annual cost of ownership for a 1998 Corvette.
“As a young person who owns a sports car and a high-end sedan, I couldn’t find quotes below a certain threshold. By usingJerry, I managed to find full comprehensive coverage on both vehicles and am now saving $150 a month!” —Channing Y.
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