1989 Chevrolet Corvette: trims, real prices & how to pick yours

3 builds left the factory as a 1989 Corvette, each a different combination of engine, transmission and body identified by the first eight characters of its VIN. The 2 main configurations sell for $5,383–$43,900 today.

  • 2 main configurations
  • 1,046 vehicles built
  • 40 for sale right now
  • $5,383–$43,900 typical price range

Which Corvette is yours?

Enter a VIN — the 17 characters on the windshield or the title — and we’ll match it to its exact factory configuration, typical price and equipment.

Works with any VIN — a different year or model takes you straight to its own page.

Pick your Corvette

What actually differs

Base configuration 1G1YY218-K Base configuration 1G1YY318-K
Body Coupe Convertible
Typical price today $12,900 $13,995
For sale right now 13 27
Vehicles built 620 425
Same on every 1989 Corvette
  • Engine 5.7L 8-cyl
  • Fuel Gasoline
  • Doors 2-door

What people actually pay

40 price observations · updated Sep 6, 2026
Base configuration
$13,995
$5,221 $15,220 $25,219 $35,218 $45,217
Price trend

Median up $505 over the last 12 months.

1989 Corvette price history →
Will it hold value?

A Corvette typically keeps about 90% of its price over 5 years — a 5-year-old one runs about $12,348 today.

Corvette depreciation by year →
Cost to run

15/23 mpg city/highway. Roughly $2,580/yr on fuel at 15,000 miles.

EPA estimate for the 1989 Corvette

Safety, in plain English

What 1G1YY318-K means

1G1 YY318 · K
1G1
the World Manufacturer Identifier Chevrolet registered — assembled in the United States
YY318
together encode the Corvette line — Convertible, 5.7L 8cyl — as Chevrolet filed it, these five characters are read as one block, not letter by letter
K
in position 10 — model year 1989
9, 11–17
differ on every car: check digit, plant code and the serial number
1 rare configuration — mostly fleet, export or irregular VIN patterns. Fewer than 20 known vehicles each.

Already looking at a specific Corvette?

Paste its VIN — we’ll open that exact car’s page: its configuration, market position and every listing we’ve tracked.

1989 Chevrolet Corvette prices →