1956 Chevrolet Corvette

2dr Convertible

8-cyl. 265cid/225hp 2x4bbl

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

$64,500*

+10.1%
#4 Fair condition#4 Fair

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Value Graph07/2410/2401/25$20k$40k$60kApr 2025

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1953-1962 Chevrolet Corvette stats
Highest sale
$7,705,000
Lowest sale
$1
Most recent sale
$87,150
Sales
5711
Explore Hagerty Price Guide values for this generationResearch values for all configurations from this generation on a single page
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Photos

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1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
1955 Chevrolet Corvette 2dr Roadster Courtesy of Hyman Ltd.
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Model overview

Model description

1956 marked the first major facelift for the first-generation (C1) Chevrolet Corvette. The recessed, grate-covered headlights of the 1953-55 model were replaced with more pronounced headlights, while the chrome belt running down the side was ditched in favor of large, scalloped panels tracing their way back from the front fenders.

Out back, the rear corners lost their fins, and the taillights were integrated into the rear fenders. The rear license plate frame was also moved from a cut-in on the trunk to below the rear bumper, allowing the trunk to have a cleaner look.

Chevrolet further made the Corvette more livable with actual roll-up side windows as opposed to the clip-un units from the 1953-55 models. It also featured an improved convertible top and a power-operated top became optional. This meant the Corvette no longer technically qualified as a “roadster,” but instead as a “convertible.”

In the cabin, things were largely unchanged from the 1955 model, save for a new steering wheel design, and the shifter was moved to the top of the transmission hump with an updated frame around it.

Under the hood, the inline-six was phased out in favor of the carried-over 265 cid V-8, but there were now three versions. The base variant offered featured a single 4-barrel carburetor and made 210 hp. Buyers could also opt for a twin 4-bbl carb setup that put out 225 hp. The range-topping V-8 also had dual quads as well as a high-lift camshaft, resulting in an output of 240 hp.

General Motors made 3,467 Corvettes for the 1956 model year, making it the third rarest year in terms of production numbers. GM successfully made the Corvette more appealing to buyers from two ends. First, with proper roll-up windows and improved top, the Corvette was more livable and practical. Second, with the deletion of the six-cylinder engine in favor of an expanded range of V-8s, the Corvette was finally gaining more legitimate performance credentials.

Vehicle specifications

  • Shipping Weight2870 lbs
  • Vehicle Length168 in
  • Wheelbase - Inches102 in

Equipment

  • StandardOptional
  • Transmission3-Speed Manual TransmissionAutomatic Transmission
  • TiresWhite Sidewall Tires
  • EntertainmentAM
  • WindowsPower Windows
  • Comfort Equipment Heater
  • SeatsBucket Seats
  • TachometerYes
  • Restraint TypeSeat Belts

Equipment

Standard

  • Transmission3-Speed Manual Transmission
  • SeatsBucket Seats
  • TachometerYes

Optional

  • TransmissionAutomatic Transmission
  • TiresWhite Sidewall Tires
  • EntertainmentAM
  • WindowsPower Windows
  • Comfort Equipment Heater
  • Restraint TypeSeat Belts
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Common Questions

The value of a 1956 Chevrolet Corvette can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $63,067 for a 1956 Chevrolet Corvette in good condition with average spec.

The highest selling price of a 1956 Chevrolet Corvette at auction over the last three years was $253,000. 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 1956 Chevrolet Corvette at auction over the last three years was $44,100. 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 53 1956 Chevrolet Corvettes sold at public auction.

The most recent auction sale of a 1956 Chevrolet Corvette was $63,525 on February 07, 2025 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.