1962 Chevrolet Corvette for Sale

13 listings

The 1962 closes the C1 line. It is the last Corvette with a solid rear axle and the first with the 327 V8, which replaced the 283 and raised the top rating to 360 hp. Chevrolet also stripped off trim: the coves lost their chrome outline and contrasting paint, the grille turned black and ribbed aluminum moldings appeared on the rockers. Production was 14,531, all convertibles, and most have a four-speed.

Asking prices
$24,000 – $153,000
Median asking price
$73,198
Median past asking price
$84,948 (8 listings that ended in the 12 months to Nov 2026)
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Body style and how many were built

Chevrolet built 14,531 Corvettes for 1962 against 10,939 the year before. All were convertibles from the St. Louis plant, and 8,074 were ordered with the removable hardtop (RPO 419). The rear end is the one introduced for 1961. A heater became standard equipment.

  • How to spot a 1962: body-color coves with no chrome outline, a black grille and ribbed aluminum rocker moldings.
  • Rare options: the 24-gallon fuel tank (RPO 488) went into 65 cars and heavy-duty brakes and steering (RPO 687) into 246.
  • Lasts: the final Corvette with a trunk until 1998 and with exposed headlamps until 2005.

Engines and transmissions

Every 1962 has a 327. The dual four-barrel engines of earlier years were dropped. Ratings are gross.

  • 250 hp, base: the remaining 4,900 or so cars.
  • 300 hp (RPO 583), larger four-barrel carburetor: 3,294 built.
  • 340 hp (RPO 396), solid lifters: 4,412 built.
  • 360 hp (RPO 582), Rochester fuel injection: 1,918 built.

The four-speed (RPO 685) was fitted to 11,318 cars. That leaves about 1,680 with the standard three-speed, and 1,532 had Powerglide (RPO 313), which was sold only with the 250 and 300 hp engines.

Checking the numbers on a 1962

The serial number runs from 20867S100001 to 20867S114531. The prefix identifies a 1962 Corvette convertible built at St. Louis and gives no engine information. Look for the tag on the steering column under the hood, where Chevrolet moved it during 1960.

By 1962 the factory stamped the car's serial number on the engine, so the pad on the front passenger side of the block should repeat the car's number. The same pad carries the assembly date and a suffix: RC or SC for the 250 hp engine, RD or SD for the 300, RE for the 340 and RF for the 360 hp fuel-injected engine. A Powerglide behind a 340 or 360 hp engine is not a factory combination. On a claimed fuel-injected car the injection unit matters as much as the block, and fuelie values depend on proof.

What to inspect before you buy

  • Frame: the body does not rust but the frame does. Inspect it on a lift, rails and kick-ups first, because repair there means removing the body.
  • Fiberglass: stress cracks gather around the windshield posts, panel cut-outs and wheel-opening lips. A panel that looks smoother on the inside than its neighbors can point to crash repair.
  • Panel fit: uneven doors, hood, trunk lid or bumpers suggest repair.
  • Paint: early bodies have bonding seams that need careful preparation, so judge the finish along the seams and budget for a correct repaint if it is poor.
  • Hardtop: check the seal at the windshield and deck and look for crazing in the rear window.
  • Transmission: a 1962 Powerglide has an aluminum case. An iron case points to a swap.

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Frequently Asked Questions about the 1962 Chevrolet Corvette

Price follows the engine, the originality and the condition. The 340 hp and fuel-injected 360 hp cars sit above the 250 and 300 hp cars, and an engine that still carries the car's own serial number adds a good deal. The current asking range and median on this page are calculated from the cars listed today.
Yes. The 1962 is the last Corvette with a solid rear axle and the last C1. The 1963 Sting Ray that followed has independent rear suspension.
Chevrolet built 14,531, all convertibles. That includes 1,918 fuel-injected cars and 4,412 with the 340 hp engine.
A 327 cubic inch V8, new for 1962. It was rated at 250 hp in base form, 300 hp with a larger carburetor, 340 hp with solid lifters and 360 hp with fuel injection. These are gross ratings.
Both share the same rear styling, but the 1962 has the 327 in place of the 283. The 1962 also has body-color coves without a chrome outline, a black grille and aluminum rocker moldings. The 1961 was the last year for contrasting cove paint and for the dual four-barrel engines.

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