1988 Chevrolet Corvette Callaway

2dr Convertible

8-cyl. 350cid/382hp Twin Turbo

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$26,500*

equal0%
#4 Fair condition#4 Fair

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1984-1996 Chevrolet Corvette stats
Number produced **
** Number produced is specific to this year and configuration.
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1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
1990 Chevrolet Corvette ZR-1 2dr Coupe Courtesy of Hyman Ltd.
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More 1988 Chevrolet Corvette Callaway values

Model overview

Model description

1988 marked the 35th year of the Corvette, and Chevrolet celebrated with the C4 Corvette 35th Anniversary Edition. 2,050 Anniversary Editions sold, and it was very much a car of its time. It was finished in ready-for-Miami-Vice “Triple White” with white paint, white seating upholstery and door panels, white steering wheel, and white wheels. It even had white lettering. Contrasting all the brightness was a black roof panel and black windshield frame. Today, 35th Anniversary Corvettes command a significant premium in price over standard cars.

Other interior improvements and changes for the 1988 Corvette included new carpeted door sills and improved ventilation for coupes. 1988 Corvettes optioned with the 3.07:1 performance rear axle also had an improved muffler system that provided less restrictive airflow, resulting in a bump of 5 hp to 245 hp for so-optioned models. All other models still made 240 hp. That muffler was considered too loud for the convertible, so it didn’t come on ragtops with the 3.07 rear-end.

The Z51 and Z52 performance package models now included 17 x 9.5-inch wheels. The Z51 (coupe only) now came with larger front brake rotors and calipers, higher spring rates, and a finned power steering cooler for improved heat dissipation. In general, the suspension was modified to improve car control under hard braking. Chevy built about 30,000 Corvettes for the 1988 production year. A third of them were convertibles, while the roughly 20,000 remaining were coupes.

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Common Questions

The value of a 1988 Chevrolet Corvette Callaway can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $24,050 for a 1988 Chevrolet Corvette Callaway in good condition with average spec.

The highest selling price of a 1988 Chevrolet Corvette Callaway at auction over the last three years was $41,800. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 1988 Chevrolet Corvette Callaway at auction over the last three years was $31,872. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 4 1988 Chevrolet Corvette Callaways sold at public auction.

The most recent auction sale of a 1988 Chevrolet Corvette Callaway was $37,327 on September 10, 2024 by Bring a Trailer.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.