1958 Chevrolet Corvette

2dr Convertible

8-cyl. 283cid/230hp 4bbl

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

$78,200*

+10%
#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
$76,440
Sales
5710
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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1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
1958 Chevrolet Corvette 2dr Convertible Courtesy of RK Motors
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Model overview

Model description

1958 saw yet anotheer significant styling update for the Chevrolet Corvette. The single headlight design was replaced with dual headlights at each front corner. Beneath that, large chrome-lined air inlets were added. The scalloped sides or “coves” of the ’58 Corvette’s body now featured outlet vents from the front wheels. Two chrome strips ran the length of the hood, splitting each bank of headlights. These chrome strips pick up again out back, closer to the center of the trunk. The hood also featured horizontal covered louvers, resulting in what has been called the “washboard hood.” This would be a 1958-only feature on the Corvette.

The 283 cid V-8 was carried over for 1958, now producing 230 hp in stock form. A dual four-barrel version made 245 hp, or 270 with solid lifters. Fuel injection was also available, bringing output to 250 hp. The range-topping Corvette “fuelie” model made 290 horses. Transmission options continued to be a 2-speed automatic, 3-speed manual or 4-speed manual.

The cabin of the ’58 Corvette was also significantly updated, taking the rather modest dual-cowl approach of the previous dash and embracing a more dramatic interpretation, including a center stack for the analog clock, as well as radio and other controls.

The new instrument panel featured a tachometer that was moved to directly in front of the driver. For the 270 hp and 290 hp models, that tachometer went up to 8000 RPM (standard tach was to 6000).

Seat belts became standard equipment for 1958. Six colors were available, including Charcoal, Silver Blue, Regal Turquoise, Signet Red, Panama Yellow, and Snowcrest White.

Chevrolet produced 9,168 Corvettes for the 1958 model year, representing a significant jump. Chevy would continue to sustain and build upon this growth throughout the rest of the Chevrolet Corvette’s first generation.

Vehicle specifications

  • Shipping Weight2926 lbs
  • Vehicle Length177.2 in
  • Wheelbase - Inches102 in

Equipment

  • StandardOptional
  • Transmission3-Speed Manual Transmission
  • BrakesHeavy Duty Brakes and Suspension
  • TiresWhite Sidewall Tires
  • EntertainmentAM
  • WindowsPower Windows
  • Comfort Equipment Heater
  • SeatsBucket Seats
  • TachometerYes
  • Restraint TypeSeat Belts

Equipment

Standard

  • Transmission3-Speed Manual Transmission
  • SeatsBucket Seats
  • TachometerYes
  • Restraint TypeSeat Belts

Optional

  • BrakesHeavy Duty Brakes and Suspension
  • TiresWhite Sidewall Tires
  • EntertainmentAM
  • WindowsPower Windows
  • Comfort Equipment Heater
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Common Questions

The value of a 1958 Chevrolet Corvette can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $92,400 for a 1958 Chevrolet Corvette in good condition with average spec.

The highest selling price of a 1958 Chevrolet Corvette at auction over the last three years was $660,000. 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 1958 Chevrolet Corvette at auction over the last three years was $43,050. 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 153 1958 Chevrolet Corvettes sold at public auction.

The most recent auction sale of a 1958 Chevrolet Corvette was $131,250 on March 09, 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.