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.
1971 Chevrolet Corvette ZR2
2dr Convertible
8-cyl. 454cid/425hp 4bbl LS6
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$435,000*
0%
#4 Fair condition#4 Fair
Calculate the price
Please select all adjustments that have been made to your vehicle
Apr 2025
Let us watch the market for you
We update the Hagerty Price Guide each quarter. Sign up for alerts and we'll notify you about value changes for the cars you love.
1968-1982 Chevrolet Corvette stats
Number produced **
2
Highest sale
$3,140,000
Lowest sale
$440
Most recent sale
$42,262
Sales
10000
Photos
45 photosImages may not reflect selected vehicle.
Past sales
$42,262
1970 Chevrolet Corvette Base
94000 M
Standard
North America
Apr 9, 2025Bring a Trailer
View details
$35,750
1970 Chevrolet Corvette Base
92488 M
Standard
North America
Apr 5, 2025Mecum Auctions
View details
$35,200
1973 Chevrolet Corvette Base
84482 M
Standard
North America
Apr 5, 2025Mecum Auctions
View details
$22,000
1970 Chevrolet Corvette Base
32741 M
Automatic
North America
Apr 5, 2025Mecum Auctions
View details
$34,100
1972 Chevrolet Corvette Base
22550 M
Standard
North America
Apr 5, 2025Mecum Auctions
View details
$34,100
1973 Chevrolet Corvette Base
57215 M
Standard
North America
Apr 5, 2025Mecum Auctions
View details
Insurance
Protect your 1971 Chevrolet Corvette from the unexpected.
Better coverage built for classics at a price you can afford. Online quotes are fast and easy
More 1971 Chevrolet Corvette ZR2 values
Model overview
Model description
1968 was a high-water mark for Corvette production to date, with 28,566 vehicles sold, and for the very last time, roadsters outsold coupes almost 2 to 1. Nicknamed the Mako Shark, the “new” Vette sported refinements like hidden wipers, no vent windows, and T-Tops and removable rear windows on the coupes. By 1969, production jumped to 38,762 units, and in 1970, factory fender flares and a new 454 making 390 HP kept Corvette at the top of the muscle car heap for the next several years. 1972 saw government emission regulations severely limit the horsepower to a paltry 270 HP, and safety regulations spelled the end of chrome front bumpers on a Corvette. 1973 Vettes were the first with Radial tires standard, 1974 brought us factory shoulder belts, and 1975 was the last Corvette convertible until 1986. The venerable C3 Corvettes soldiered on until 1982, by which time leather seats and AM/FM were standard, but a manual transmission or an 8 track player were no longer available. The Corvette had made the transition from a sports car to a touring car.
Find more values
Search for prices of other cars, trucks, vans and motorcycles
Common Questions
The highest selling price of a 1971 Chevrolet Corvette ZR2 at auction over the last three years was $962,500. 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 1971 Chevrolet Corvette ZR2 at auction over the last three years was $715,000. 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 3 1971 Chevrolet Corvette ZR2s sold at public auction.
The most recent auction sale of a 1971 Chevrolet Corvette ZR2 was $863,500 on August 19, 2023 by Mecum Auctions.
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.