The car that birthed the Duntov cam. A 1954 test mule tagged EX87 got a plexiglass windscreen, a tail fin and a 307 ci V8, then ran 163 mph at GM's Arizona proving ground.
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The Basics
Model & Gen: 1955 Corvette (C1)
Body Type: 2 Door Convertible
VIN: VE55S001001 – VE55S001700
Original Price: $2,909 (V-8) / $2,774 (six)
Colors: 5 (Polo White, Pennant Blue, Corvette Copper, Gypsy Red, Harvest Gold)
Engine: 265 ci V-8 (693) / “Blue Flame” six (7)
Transmission: 2 Speed Powerglide Auto; 3-speed manual (approx. 75)
Units Produced: 700
The Overview
The 1955 Corvette is the car that kept the Corvette alive. After 3,640 unsold-heavy 1954s, General Motors was close to dropping the model; what changed its mind was Ford’s new Thunderbird, a V-8 two-seater at a lower price. GM built just 700 Corvettes for 1955, but it built them with Ed Cole’s brand-new 265-cubic-inch small-block V-8 under the hood of all but seven.
The V-8 made 195 horsepower against the six’s 155, weighed less, and cut the 0–60 time from over 11 seconds to about 8.5. With it came a 12-volt electrical system, an automatic choke, tubeless tires and, late in the year, the first manual gearbox ever offered in a Corvette: a three-speed fitted to roughly 75 cars. The giveaway on the outside is the oversized gold “V” in the Chevrolet script on the front fenders.
Colors changed too, with Pennant Blue giving way to Harvest Gold, Sportsman Red to Gypsy Red, and a new metallic Corvette Copper joining Polo White. Just as important, 1955 was the year Zora Arkus-Duntov started reworking the chassis. The car still did not sell, but it was now a sports car, and the 1956 redesign was already on the way.
The 1955 Corvette Story
In 1954, with the Corvette on the verge of being discontinued indefinitely, a “stay of execution” emerged from the unlikeliest of places. Historically, it is well known that General Motors and Ford Motor Company have always shared more than a friendly rivalry. In many instances, the actions of one company were often guided, sometimes even dictated, by the actions of the other. So it was with the Chevrolet Corvette. Ford Motor Company introduced the Thunderbird on September 23, 1954. This car, like the Corvette, was a two-seater that was being marketed as more of a “personal car” than an actual “sports car”.
Still, the Thunderbird had a lot of personality and flair. It was a car that had handsome lines, and came standard with a V-8 engine and the option for either a manual or an automatic transmission. Compared to the competition, the Ford Thunderbird was plush, and far more luxuriously appointed - yet still managed to carry a price tag of only $2994.00, making it less expensive than the Corvette.
Ford had planned out their new model with painstaking effort, and the results would show in their numbers. General Motors’ corporate pride was on the line.
While there had been some question as to the long-term viability of the Corvette, the arrival of the Thunderbird ended any discussions of terminating Chevrolet’s sports car. Instead, fueled by the natural competitiveness between the two companies, General Motors executives and engineers were bound and determined to let the Corvette become the car it was meant to be.
Edward N. Cole, Chief Engineer for GM’s Chevrolet Division, was prepared to lead this process. He had developed a new power plant that was ready for production which would, ultimately, play a pivotal part in the re-birth of Corvette into American culture: the amazing new 265-cid small-block V-8.
This engine, which he had been developing for Chevy’s totally redesigned passenger cars, would become the “heart and soul” of the 1955 Corvette.
The original intent of the 265-cid V-8 was to have a capacity of 231 cubic inches, which made it physically smaller than the “Blue Flame” six cylinder of the 1953 and 1954 Corvette. It was Edward Cole that had the engine’s capacity increased to 265 cubic inches. Cole also reworked the cylinder heads, concentrating on efficient gas flow and better combustion.
Upon completion, this V-8 engine was 300lbs lighter than the ‘Stovebolt Six” and was a remarkably compact unit. The inclusion of a short-stroke crankshaft allowed the engine to rev to 6,000rpm. At about the same time, a new member had allied himself with the Corvette engineering team.
Zora Arkus-Duntov had joined General Motors in 1953 after seeing the Motorama Corvette on display in New York. While he had found the car to be visually stunning, he had been immensely disappointed by what the car offered in the way of handling and performance. Duntov, who had formerly worked for companies including Porsche and Mercedes-Benz, was 45 years old when he joined the Corvette family.
He knew what an American sports car should be, despite his European heritage. After all, Duntov was a veteran race car driver, automotive designer and engineer. Upon joining the GM Research and Development Staff, Duntov quickly became known for continuously “fiddling” with Corvettes in his spare time. He knew exactly how and what Corvette was lacking and, likewise, knew how to correct it. There are many stories of Duntov’s involvement in the refinement and development of the Corvette.
In one instance, Duntov is quoted as saying “The front end oversteered and the rear end understeered. I put two degrees of positive caster in the front suspension and relocated the rear spring bushing. Then it was fine - very neutral.”
It was these type of minor, but significant, changes that would eventually cause Duntov to emerge as a legend both among GM insiders and Corvette enthusiasts alike. For some, he would even become known as “The Father of the Corvette”, a title originally reserved for Harley Earl.
Despite the addition of Duntov and the arrival of the Ford Thunderbird, there was still some question as to the future of the Corvette. Harley Earl, who was still very much committed to his Corvette, proposed that the car be given a new look with a wide, egg crate grille similar to those that were coming out on Chevy’s new passenger cars. He also recommended the addition of a functional hood scoop, dummy front-fender vents and a redesigned rear deck with outboard exhaust tips.
Ultimately though, GM decided against the changes, due mostly to the high cost of tooling combined with the utter lack of Corvette sales.
Sadly, this general lack of funds also ended further development of two follow-up concept cars that Harley Earl had designed around the Corvette platform for the 1954 Motorama Tour. The two designs included a lift off hardtop that transformed the Corvette into an attractive, thin-pillar coupe. The other design was a closed fastback coupe.
Ironically, the Motorama fastback coupe was nicknamed “Corvair”, which was actually one of the names that had been seriously considered and favored over Corvette. While neither car ever made it to production, General Motors would later go on to develop another production vehicle that would carry the name Corvair, although the car would become a source of embarrassment for an entire generation of GM executives and engineers.
From an outsider’s perspective, the 1955 Corvette was simply a repeat of the 1953 and 1954 models. However, upon closer inspection, it was apparent that the car had been improved considerably. The single biggest improvement was the addition of the optional small block V-8 engine that Ed Cole had designed.
Optioned for an extra $135, all but six of the 1955 Corvettes built included this bigger, stronger engine. As an identifier that these new Corvettes contained the larger engine, an exaggerated gold “V” was overlaid on the existing “CheVrolet” logo on the lower front fenders. The car also included a broader radiator grille.
Some of the engine’s many features included an intake manifold that provided a common water outlet to both heads, which were diecast with integral valve guides and were completely interchangeable.
Hollow pushrods were introduced that allowed oil to circulate through them, providing splash lubrication to the rocker arms and valve stems while simultaneously reducing engine weight by eliminating the necessity for costly oil feeder lines. Modern, slipper-type, “autothermic” aluminum, three ring pistons were used.
A circumferential expander for the single oil ring provided axial and radial force to control oil burning. The engine crankshaft was forged of pressed steel (instead of iron) because of it’s “higher gravity and modulus of elasticity.”Perhaps one of the most interesting and relevant innovations of the 265 engine was the development of individual rocker arms in place of a single, common rocker shaft. Each rocker arm was completely independent of the others, which meant that the deflection of one had zero effect on any of the others. Each was assembled over a valve stem and pushrod and was retained by a fulcrum ball and lock nut. While this type of rocker arm is common today, in 1955 the design was considered completely innovative and represented a pivotal turning point in the development of internal combustions engines.
The new V-8 engine did wonders for the Chevrolet Corvette.
Did you know? As late as 1955, there were still many individuals within General Motors who felt that the name Corvair should have been used in place of Corvette. Harley Earl's 1954 Fastback Concept carried the name Corvair and might have gone to production had it not been for the incredibly poor sales of Corvette from 1953-1955. While the concept car is not available for viewing anywhere, the Corvette Corvair was rumored to have survived the crusher, though no trace of it has shown up.
While the engine was essentially the same as that being used in many of Chevy’s passenger cars, the Corvette version ran a special camshaft that produced an additional 33 horsepower above standard tune – resulting in a total of 195 bhp at 5000 rpm. The maximum torque was 260lbs. ft. at 3000 rpm. Another important change was the replacement of the three carburetors used on the “Blue Flame” six cylinder with a single Rochester four-barrel carburetor The V-8’s higher rev limited resulted in a revised tachometer with a redline of 6,500 rpm.
Because the engine was lighter than it’s predecessor (despite being larger), the fore/aft weight distribution of the car improved to a 52/48 ratio. The new Corvette’s improved performance was unmistakable.
The addition of the V-8 engine resulted in 0-60mph times of just 8.5 seconds and quarter-mile times of only 16.5 seconds (which was a considerable accomplishment in 1955). The Corvette was now capable of reaching top speeds of nearly 120 miles per hour while actually getting better gas mileage (an average of 2-3 miles per gallon) than that of the standard “Stovebolt” six-cylinder engine.
Of course, the refinement of the car was not limited solely to the engine, although the addition of the V-8 certainly encouraged other accommodations to be made to the car. For the first time since the original 1953 Motorama Corvette, an automatic choke was included as well as a modern 12 volt electrical system, though the older 6-volt system was retained for the few six-cylinder Corvettes that were built that year. Electric wipers replaced vacuum-operated units and foot-operated windshield washers were included.
Tires changed from tube type to the tubeless variety and were available in both white wall and black wall versions. Although the Powerglide two-speed automatic remained for most of 1955, about 75 cars were built with Corvette’s first manual gearbox. This was a new close-ratio three-speed manual transmission which was shifted via a stubby chrome shifter rod capped by a small, white ball and surrounded by a boot that was clamped to the floor by a bright metal ring showing the shift pattern.
As in the 1953 and 1954 models, the Corvette received several running changes during it’s 1955 production. Soon after start-up, the Pennant Blue color option was replaced by Harvest Gold, with contrasting green trim and a dark green top. Metallic “Corvette Copper” (a bronze color) with a dark beige interior was also made available, and Sportsman Red was replaced by Gypsy Red, which came with white vinyl interior, red saddle stitching and tan carpeting and top.
The 1955 Corvettes were constructed of slightly thinner sections of fiberglass. As the process evolved, the fit and finish of these individual parts became tighter and tidier than on either of the earlier models. What’s more, the 1955 Corvettes had smoother bodies than either the 1953 or 1954 models. Beneath the surface, changes occurred as well. The early 1955 models retained the mounting holes in the frame rails for the six cylinder engine but these were soon plugged as it was already known that they’d probably never be used again.
Production Numbers
As a whole, 1955 marked a pivotal year for the engineering behind the Corvette, despite the fact that sales continued to be an overwhelming failure. In 1955, only 700 were produced by GM for the model year and of these, only 674 were actually sold. It appeared that GM had learned from their previous model years over-production mistakes.
The fact that Corvette was not dropped from production right then and there demonstrated again just how powerful the adversarial nature of the relationship between General Motors and Ford really was. For it’s own part, Ford had stirred up a rousing success with the addition of the Thunderbird to it’s fleet of available vehicles. In 1955, Ford succeeded in selling 16,155 Thunderbirds for the model year - a 23 to 1 margin over the Corvette.
Despite vast improvements, including some genuine high-performance upgrades to the car, the overall consensus was that the Corvette “still wasn’t right.” Not wanting to give up after the initial success of the Ford Thunderbird, GM ’s management allowed Harley Earl, Ed Cole and Zora Arkus-Duntov to make the car “right” for all time. Soon, this team of designers would transform Corvette from an awkward two-seater to a genuine article of sports car machinery that would lead to Chevy’s proclamation that the Corvette was and would be for all time: “America’s only true sports car.”
Where it all started, the 365 cubic inch V8 nestled in the front of the Corvette C1 in 1955.
Zora Arkus-Duntov, "The Legend Behind Corvette." (Photo courtesy of GM Media.)
©2012 Courtesy of RM Auctions
The 1954 Lift-Off Hardtop Corvette Concept (Photo Courtesy of GM Media).

The 1954 Chevrolet "Corvair" (also known as the Corvette Fastback Concept).
The exaggerated gold "V" in the Chevrolet LogoOnly seven of the 700 1955 Corvettes were built with the Blue Flame six; the other 693 carried the new 265 V-8, which cost $135 extra and was the first V-8 ever fitted to a Corvette. Six-cylinder cars are also the only 1955s whose VIN does not start with a V.
DID YOU KNOW
Price & Options
Core Features & Factory Options
Chevrolet kept the 1954 pricing structure for 1955: an advertised base car at $2,774, with the heater, signal-seeking AM radio, directional signals, whitewall tires, parking brake alarm, courtesy lights and windshield washers all listed as options and fitted to every car. The real decision was the engine. The 265 V-8 was a $135 option that raised the base price to $2,909, and 693 of the 700 buyers took it, leaving just seven six-cylinder cars. The Powerglide was still a $178.35 “option” on 625 cars; the roughly 75 cars built late in the year with the new three-speed manual were the first Corvettes sold without it.
Five colors were offered, with the palette changing during the year. Polo White with red interior remained the volume choice at 325 cars. Pennant Blue (45 cars, dark beige interior) was replaced early on by Harvest Gold (120 cars) with a yellow interior, green trim and a dark green top. Sportsman Red gave way to Gypsy Red (180 cars) with a light beige interior, red saddle stitching and a tan top, and a new metallic Corvette Copper (15 cars) came with a dark beige interior. The color totals in the factory records add up to 685, so about 15 cars are unaccounted for by color.
MORE: PRICING, OPTIONS & COLORS / RPO CODES
| CODE | DESCRIPTION | QUANTITY | RETAIL PRICE |
|---|---|---|---|
| 2934-6 | Base Corvette Roadster, 6 Cylinder | 7 | $2,774.00 |
| 2934-8 | Base Corvette Roadster ,8 Cylinder | 693 | $2,909.00 |
| 100 | Directional Signal | 700 | $16.75 |
| 101 | Heater | 700 | $91.40 |
| 102A | AM Radio, Signal Seeking | 700 | $145.15 |
| 290B | Whitewall Tires, 6.70 | 700 | $26.90 |
| 313 | Powerglide Automatic Transmission | 625 | $178.35 |
| 420A | Parking Brake Alarm | 700 | $5.65 |
| 421A | Courtesy Light | 700 | $4.05 |
| 422A | Windshield Washers | 700 | $11.85 |
| CODE | EXTERIOR | TOTAL | CONVERTIBLE TOP COLOR | INTERIOR COLOR OPTIONS |
|---|---|---|---|---|
| 567 | Polo White | 325 | White/Beige | Red |
| 570 | Pennant Blue | 45 | Beige | Dark Beige |
| 573 | Corvette Copper | 15 | White | Dark Beige |
| 596 | Gypsy Red | 180 | White/Beige | Light Beige |
| 632 | Harvest Gold | 120 | Dark Green | Yellow |
Specifications & Performance
Engine & Transmission
The headline for 1955 is Ed Cole’s new 265-cubic-inch small-block V-8, an engine designed for Chevrolet’s redesigned passenger cars and given a special camshaft for the Corvette that added 33 horsepower over standard tune: 195 hp at 5,000 rpm and 260 lb-ft at 3,000 rpm, breathing through a single Carter four-barrel instead of the six’s three sidedrafts. It was about 300 pounds lighter than the Blue Flame six, revved to 6,000 rpm on its short-stroke crank, and introduced the stamped individual rocker arms and hollow oil-feed pushrods that defined the small-block Chevy for decades. The six, now 155 hp, was still the nominal base engine but only seven cars got it.
The lighter engine moved weight distribution to 52/48 and transformed the car: 0–60 in about 8.5 seconds against 11 for the six, the quarter mile in 16.5 seconds and a top speed near 120 mph, with better fuel economy. V-8 cars got a 12-volt electrical system and an automatic choke; the sixes kept 6 volts. Tires went tubeless, in whitewall or blackwall. The Powerglide two-speed automatic remained the usual transmission, but late in the year Chevrolet fitted about 75 cars with a close-ratio three-speed manual, the first in a Corvette, shifted by a stubby chrome lever with a white ball. Suspension and brakes carried over, though this was the year Zora Arkus-Duntov began tuning the chassis: two degrees of positive caster up front and a relocated rear spring bushing cured the handling.
MORE: FULL SPECIFICATIONS / ENGINE
| SPEC | 1955 CORVETTE |
|---|---|
| Engine (standard) | 265 ci (4.3 L) OHV small-block V-8, cast iron block & heads; fitted to 693 of 700 cars |
| Engine (base) | 235.5 ci (3.85 L) “Blue Flame” OHV inline-6, 155 hp; 7 cars built |
| Horsepower | 195 hp @ 5,000 rpm (V-8) |
| Torque | 260 lb-ft @ 3,000 rpm (V-8) |
| Fuel delivery | Single Carter WCFB four-barrel carburetor (V-8); three Carter sidedrafts (six) |
| Compression ratio | 8.0:1 |
| Transmission | 2-speed Powerglide automatic (625 cars); 3-speed close-ratio manual, introduced late in the year (approx. 75 cars) |
| Axle ratio | 3.55:1 |
| Electrical | 12-volt system (V-8 cars); 6-volt retained on six-cylinder cars |
| Front suspension | Independent; upper and lower A-arms, coil springs, anti-roll bar, tubular hydraulic shock absorbers |
| Rear suspension | Live axle on semi-elliptic leaf springs, tubular hydraulic shock absorbers |
| Tires | 6.70 x 15 in, tubeless (first year) |
| Wheelbase | 102 in |
| Overall length | 167 in |
| Curb weight | 2,910 lb / 1,320 kg (V-8); 2,851 lb / 1,293 kg (six) |
| 0–60 mph | 8.5 sec (V-8, Powerglide) |
| Quarter mile | 16.5 sec (V-8) |
| Top speed | approx. 120 mph (V-8) |
| Production | 700 (674 sold in the model year) |
| Assembly | St. Louis, Missouri |
Vehicle Identification Numbers (VIN)
700 Cars, VE55S001001 TO VE55S001700
The last four digits begin at 1001 and run through 1700, accounting for each of the 700 Corvettes built for 1955. The VIN plate is on the driver-side door post and the number is also stamped in several places on the frame. The 1955 VIN is one character longer than 1954’s: the leading V identifies a V-8 car, so VE55S001001 is a V-8 and E55S001001 would be one of the seven six-cylinder cars.
Production ran the full model year at St. Louis, and the monthly ending sequence numbers in the factory records show how slowly: 001027 by the end of January 1955, 001150 by March, 001300 by May and 001389 by June, with the second half of the year accounting for the remaining cars. Only one body style, the convertible, was built.
MORE: VIN DECODER / PRODUCTION
| POSITION | MEANING |
|---|---|
| V (First Digit) | Identifies a V-8 car. On the seven six-cylinder cars the V is omitted and the VIN is one character shorter. |
| E (Second Digit) | General Motors identification code for the Chevrolet Corvette |
| 55 (Third & Fourth Digits) | Model year |
| S (Fifth Digit) | Assembly plant: S = St. Louis, Missouri |
| 001001–001700 (Sixth through Eleventh Digits) | Production sequence number |
Pictures, Videos, Wallpapers & Galleries
Five factory colors in a single year of 700 cars: Polo White (325), Gypsy Red (180), Harvest Gold (120), Pennant Blue (45) and Corvette Copper (15). Harvest Gold cars came with green trim and a dark green top.
Market & Buying Guide
For Sale & What They Bring
The 1955 Corvette sits between the 1953 and 1954 in the collector market: far rarer than the 1954 at 700 cars, and the first Corvette with a V-8, which is the car most buyers want from the first three years. The spread between cars is wide. A well-documented, numbers-matching V-8 car in one of the rarer colors is a six-figure car; a nice driver with a replacement engine is not. The seven six-cylinder cars and the roughly 75 three-speed manuals are their own markets, and claims about either need factory documentation, because both are easy to fake with period parts.
Results tracked by Classic.com give the range. Between January and September 2026, original or highly original cars sold for $77,605, $81,500 and $90,500 on Bring a Trailer, $82,500 at Barrett-Jackson Scottsdale in January and $132,000 at Barrett-Jackson Columbus in June, with a 19,000-mile car reaching $247,500 at Barrett-Jackson West Palm Beach in April. A Hagerty auction sold one for $70,500 in October 2026, and a modified car brought $51,700 at Mecum Kissimmee in January. Dealer asking prices in the same period ran $105,000 to $115,000. Check whether a result includes the buyer’s premium, and treat asking prices and unsold high bids separately from completed sales.
Documentation matters more on a 1955 than on the earlier cars because there is more to verify. A V-8 car should carry a VIN beginning VE55S, an engine block cast 3703524 with 3703523 heads and a date code that precedes the car’s build, and a Carter WCFB carburetor; the six’s 3835911 block and the passenger-car 265 are both easy swaps. The manual-transmission cars are rare enough that a specialist should confirm the installation is factory rather than a later conversion. NCRS judging sheets, old photographs, ownership records and restoration invoices all help, and ask to see dates and scores rather than just the award.
Inspect the structure as carefully as the paint. The fiberglass body sits on a steel frame whose boxed rails rust from the inside, so put the car on a lift; look for old body repairs and stress cracks around the headlights, door openings and the cowl. The 1955 body is slightly thinner fiberglass than 1954, with tighter fit, so panel gaps and door alignment are a reasonable guide to how well a restoration was done. On the road the V-8 should start readily on the automatic choke and the Powerglide should shift cleanly; neither is hard to put right, but both tell you how the car has been looked after. Most of these cars see few miles, so budget for tires, brakes and fuel-system work on anything that has sat.
MORE: THE MARKET
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FAQs
How many 1955 Corvettes were built?
Chevrolet built 700 Corvettes for the 1955 model year, all convertibles, at St. Louis, Missouri. Only 674 were sold during the model year. It remains the second-lowest production year in Corvette history after the 300 cars of 1953, and the poor sales nearly ended the model before the 1956 redesign.
How much is a 1955 Corvette worth today?
A 1955 Corvette is generally a $70,000 to $130,000 car for an original or well-restored V-8 example, based on 2026 auction results, with exceptional low-mileage cars selling for considerably more ($247,500 at Barrett-Jackson in April 2026) and modified cars for around $50,000. Numbers-matching V-8 cars, the roughly 75 three-speed manuals and the seven six-cylinder cars each command a premium when documented.
What engine and transmission did the 1955 Corvette have?
The 1955 Corvette introduced the 265-cubic-inch small-block V-8, rated at 195 horsepower at 5,000 rpm, as a $135 option that 693 of the 700 buyers chose; seven cars kept the 155-hp Blue Flame six. Most cars had the two-speed Powerglide automatic, but about 75 built late in the year received a three-speed manual, the first manual transmission in a Corvette.
What colors did the 1955 Corvette come in?
Five: Polo White (325 cars), Gypsy Red (180), Harvest Gold (120), Pennant Blue (45) and Corvette Copper (15). Pennant Blue was dropped early in the year for Harvest Gold, and Gypsy Red replaced the 1954 Sportsman Red. The totals add up to 685, so about 15 cars are not accounted for by color in the factory records.
How much did the 1955 Corvette cost when new?
The advertised base price was $2,774 for the six-cylinder car and $2,909 with the V-8, before the Powerglide ($178.35), heater ($91.40), radio ($145.15) and other “options” that were fitted to every car. The Ford Thunderbird, which sold 16,155 cars that year to the Corvette’s 674, listed at $2,994 with a V-8 as standard.
How do you tell a 1955 Corvette from a 1954?
Look at the front fenders: 1955 V-8 cars carry an oversized gold “V” in the Chevrolet script. The VIN also begins with a V on V-8 cars, the electrical system is 12-volt, the tires are tubeless, and the colors Harvest Gold, Gypsy Red and Corvette Copper exist only for 1955. Otherwise the body is the same as 1953–54, which is why the 1955 is often called the last of the first-design cars.
Why did the 1955 Corvette matter if it sold so poorly?
Because it is the car that turned the Corvette from a show car with a truck engine into a sports car. The 265 V-8 became the basis of every Corvette engine for decades, the three-speed manual started the line of performance gearboxes, and 1955 is the year Zora Arkus-Duntov began engineering the chassis. Ford’s Thunderbird success convinced GM to keep the Corvette and fund the 1956 redesign rather than cancel it.
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