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The Basics
Model & Gen: 1962 Corvette (C1)
Body Type: 2 Door Convertible (removable hardtop optional)
VIN: 20867S100001 – 20867S114531
Original Price: $4,038 base
Colors: 7 (Tuxedo Black, Ermine White, Roman Red, Sateen Silver, Almond Beige, Fawn Beige, Honduras Maroon)
Engine: 327 ci V-8, 250 to 360 hp (first year of the 327)
Transmission: 3-speed manual standard; 4-speed manual and 2-speed Powerglide optional
Units Produced: 14,531
The Overview
The 1962 Corvette is the last solid-axle car and the first with the 327, and it is the C1 most people would choose to drive. Boring and stroking the 283 to 4.00 x 3.25 inches gave 327 cubic inches and four engines: 250 horsepower standard, 300 with a bigger Carter AFB, 340 with the Duntov camshaft and solid lifters, and 360 with the camshaft and Rochester fuel injection. The dual four-barrel options were gone for good; a single large four-barrel did the job, and the 340-hp RPO 396 outsold every other engine.
The body was Bill Mitchell’s 1961 with the last of Harley Earl’s jewelry removed: the chrome outline around the coves and the cove spears were deleted, the cove vent got a ribbed aluminum insert, the grille mesh and the trunk emblem background went black, rocker moldings appeared, and narrow-band whitewall tires were offered for the first time. Two-tone paint was no longer available, so the coves matched the body. The heater and defroster became standard equipment.
Buyers ordered the car the way enthusiasts would: the four-speed went into 11,318 of 14,531 cars and Positraction into 14,232. Production jumped nearly 40 percent to a C1 record, and the car it replaced, the Sting Ray, was already in the pipeline. The 1962 is also the last Corvette with an external trunk lid until 1998 and the last with exposed headlights until 2005.
The 1962 Corvette Story
With the creative influences of such incredible engineering talents as Edward Cole, Zora Arkus-Duntov, and Bill Mitchell behind it, the C1 Corvette had emerged as an American classic, but one that was ready to undergo a transformation into something completely new and exciting.
In fact, with the second-generation Corvette now just one model year away, there were few within Chevrolet who did not view the 1962 Corvette as anything other than a transitional model between the classic styling of the C1 roadster and the far more competitive and edgy lines of the next-generation Corvette.
The 1962 model year represents the end of an era for the Chevrolet Corvette. Over the course of ten years, the Corvette had evolved from Harley Earl’s conceptual two-seat sports car - a car that was initially plagued with design and performance deficiencies - into a vehicle that rivaled sports cars around the world with an unabashed reputation for performance and fun.
Despite the fact that the 1962 Corvette is considered one of the greatest of all the C1 Corvettes, the perception that the 1962 Corvette was “transitional” was not completely unwarranted. For one, the ‘62 Corvette was the first model year to incorporate the 327 cubic inch V-8 engine in place of the smaller 283 cubic inch engine.
Though technically the same engine block as the 283, the smaller engine was bored and stroked to bring its cylinder dimensions to 4.00 x 3.25 inches and its displacement up to 327 cubic inches. While this larger engine would certainly produce more horsepower, there were other changes that would have to be incorporated first to ensure that the engine could receive the air and fuel it would need to run as it was meant to.
A small but significant change was made to the Rochester fuel injection system that allowed more air/fuel to pass through it which helped to feed the “deeper-breathing” 327 small block. In addition, heavier duty bearings, larger ports, and a longer duration camshaft were fitted to the base 250-bhp engine. Duntov’s solid-lifter camshaft was now a standard spec for the most powerful of the three carbureted engines - an engine that would be officially rated as producing 340 horsepower.
The Duntov cam would also be placed in the top “fuelie” (fuel-injected) engine that year. Both of the engines sporting Duntov cams ran a tight 11.25:1 compression ratio, which was a considerable step up from the base level and mid-level 300 horsepower engines, which ran a more conventional 10.5:1 compression.
Of these engines, the lower-end engines were actually considered the best choice for an all-purpose Corvette. They offered the driver enough power to satisfy their appetite for speed and performance while remaining simple enough that they provided easy maintenance and repair.
Did you know? The conventional trunk design of the 1962 Corvette was the last model to include it for many years. The models that followed had no external rear storage access until 1982 when a special collector's edition Corvette featured a hatch window which allowed access to the rear storage compartment area. Still, a trunk comparable to the 1962's did not re-appear until the introduction of the C5 Corvette Convertible in 1998.
Gone forever from the 1962 Corvette (and all future models) was the troublesome twin four-barrel Carter carburetors. These were replaced by a more powerful, single four-barrel Carter carburetor.
While these top two versions of the new 327 engine proved to provide a consistent improvement in power over its predecessor, the peak of its power curve occurred at the engine’s top-end while it turned some 6,000 rpm - which was considered incredibly fast at that time for a pushrod power plant. Of the smaller engines, peak power was achieved at 4,400 rpm (the 250 horsepower engine) and at 5,000 rpm (the 300 horsepower engine).
Of all these engines, only the last two were made available with the optional Powerglide automatic transmission. Like the four speed manual in 1961, the Powerglide was fitted with a weight-reducing aluminum case, which helped improve performance and decreased the overall weight of the car.
While the jump to a V-8 in the 1950s had proved pivotal to the Corvette’s ultimate success and sustainability, nobody could have imagined the impact that the introduction of the 327 V-8 would have on the last of the C1 Corvettes. The larger 327 V-8 produced power and torque that was unparalleled with anything seen prior to its emergence as the primary power plant of the 62 Corvette. This new ‘Vette, when equipped with a four-speed and fuel injection, could regularly run the quarter-mile in under fifteen (15) seconds and achieve speeds in excess of 100 miles per hour while doing so.
Of course, as with each of the several different iterations of the C1 Corvette before it, the 1962 Corvette did undergo more than just a mechanical overhaul. Though the overall appearance of the ‘62 remained faithful to the styling of Harley Earl’s earlier models, this new Corvette was, and remains, one of the most desirable of all the C1 models.
While its styling was beginning to look a bit dated as it moved into its second decade of existence, this final variation was stripped of any of the remaining excesses that had plagued its earlier counterparts.
The most obvious of these deletions was the removal of the chrome outlines that had framed the bodyside coves since 1956. Further, the chrome accent spears (that had accentuated the side vents within the coves) were also removed, replaced instead by more conservative aluminum blades that were finished in black. Another omission which added to the more cohesive look of the car was the deletion of the option to have the coves painted in a different color than the rest of the car.
Other subtle changes also helped to give the 1962 Corvette a more unified appearance. Like the side spears in the coves, the silver mesh grille and its flanking cutouts were now finished in black, as was the background of the trunk lid medallion. Following one of the most popular automotive styling trends of the era, the ’62 Corvette was fitted with narrow-band white wall tires. They mated perfectly with the new Corvette and only helped to enhance its sleek, nearly minimalist appearance. In fact, the only place where any form of decoration was actually added was to the rocker panels, which were newly adorned with ribbed anodized-aluminum moldings.
Despite its origins and its undeniable ties to the very first Corvette, the 1962 was faster, handled better, was more physically appealing, and was the most completely realized and most civilized of any Corvette made to date, though it continued to retain much of the pioneering imagination that made Harley Earl’s 1953 concept car such a triumph at its unveiling during the 1953 Motorama.
Production Volumes
Sales of the 1962 Corvette jumped by nearly 40 percent from the previous year, with total sales of 14,531 units, pushing the Corvette firmly “into the black” on General Motors' financial bottom line. For those early pioneers of the Corvette - Cole, Duntov, and Mitchell - this came as a huge relief. After all, they (like Harley Earl (before his retirement)), were the ones who fought to keep the Corvette program alive during its darkest days. Of course, getting to this point was only half the battle. Now that they had achieved solid financial success with the C1 Corvette platform, it was imperative that they bring Corvette forward into its next iteration and, in so doing, take the car to even greater success.
Little did any of them realize just how successful Corvette was about to become.

The 1962 Corvette’s coves. Note the absence of chrome and the matching paint color.
The 1962 Corvette was the only C1 ‘Vette to feature narrow band white wall tires and chrome rocker panels.

The 1962 Corvette was the last with a trunk lid you could open from outside until the 1998 C5, and the last with exposed headlights until the 2005 C6. It was also the first with narrow-band whitewall tires and rocker moldings, and the only C1 with both.
DID YOU KNOW
Price & Options
Core Features & Factory Options
The base price rose to $4,038 and, with the heater, windshield washers, sun visors and courtesy lights now standard, the option list became almost entirely about performance.
The 300-hp engine (RPO 583) cost just $53.80 and went into 3,294 cars; the 340-hp Duntov-cam engine (RPO 396) was $107.60 and the most popular choice at 4,412; fuel injection (RPO 582) stayed at $484.20 and reached 1,918 cars, more than any year before.
The four-speed (RPO 685, $188.30) went into 11,318 cars and the Powerglide (RPO 313, $199.10), now with an aluminum case and available only with the 250 and 300-hp engines, into 1,532. Positraction (RPO 675, $43.05) was on 14,232 cars, 98 percent of production.
The metallic brakes (RPO 686, $37.70) went into 2,799 cars and the heavy-duty brakes with special steering (RPO 687, $333.60) into 246; a no-charge off-road exhaust (RPO 441) was fitted to 2,934 and the 24-gallon tank (RPO 488, $118.40) to 65.
The comfort options were few: the removable hardtop ($236.75) on 8,074 cars, the signal-seeking radio ($137.75) on 13,076, power windows ($59.20) on 995 and the power top ($139.90) on 350. Narrow-band whitewalls were $31.55 and blackwall nylon tires $15.70.
Seven colors were offered with black or white tops, and for the first time since 1955 the coves could not be ordered in a contrasting color. The options post shows the color list without production counts because Chevrolet’s 1962 records by color are incomplete.
MORE: PRICING, OPTIONS & COLORS / RPO CODES
| CODE | DESCRIPTION | QUANTITY | RETAIL PRICE |
|---|---|---|---|
| 867 | Base Corvette Convertible | 14,531 | $4,038.00 |
| 102 | AM Radio, signal seeking | 13,076 | $137.75 |
| 203 | Rear Axle, 3.08:1 Ratio | – | $0.00 |
| 242 | Positive Crankcase Ventilation (California) | – | $5.40 |
| 276 | Wheels, 15 x 5.5 (5) | 561 | $0.00 |
| 313 | Powerglide Automatic Transmission | 1,532 | $199.10 |
| 396 | 327ci, 340HP Engine (4-Barrel Carburetor) | 4,412 | $107.60 |
| 419 | Auxillary Hardtop | 8,074 | $236.75 |
| 426 | Power Windows | 995 | $59.20 |
| 441 | Direct Flow (off-road) Exhaust System | 2,934 | $0.00 |
| 473 | Power Operated Folding Top | 350 | $139.90 |
| 488 | 24 Gallon Fuel Tank | 65 | $118.40 |
| 582 | 327ci, 360HP Engine (Fuel Injection) | 1,918 | $484.20 |
| 583 | 327ci, 300HP Engine (4-Barrel Carburetor) | 3,294 | $53.80 |
| 675 | Positraction Rear Axle | 14,232 | $43.05 |
| 685 | 4-Speed Manual Transmission | 11,318 | $188.30 |
| 686 | Metallic Brakes | 2,799 | $37.70 |
| 687 | Heavy Duty Brakes and Special Steering | 246 | $333.60 |
| 1832 | Whitewall Tires, 6.70x15 | – | $31.55 |
| 1833 | Blackwall Tires, 6.70x15 nylon | – | $15.70 |
| EXTERIOR | SOFT TOP | WHEELS | INTERIOR |
|---|---|---|---|
| Tuxedo Black | Black, White | Black | Black, Fawn, Red |
| Ermine White | Black, White | Black / White | Black, Fawn, Red |
| Roman Red | Black, White | Black / Red | Black, Fawn, Red |
| Sateen Silver | Black, White | Black / Silver | Black, Red |
| Almond Beige | Black, White | Black / Almond Beige | Fawn, Red |
| Fawn Beige | Black, White | Black / Fawn Beige | Fawn, Red |
| Honduras Maroon | Black, White | Black / Maroon | Black, Fawn |
Specifications & Performance
Engine & Transmission
The 327 was the 283 block bored to 4.00 inches and stroked to 3.25, with heavier-duty bearings, larger ports and a reworked fuel-injection unit that could feed it.
The base 250-horsepower engine and the 300-horsepower RPO 583 ran hydraulic lifters and 10.5:1 compression and were the all-round choice; the 340-horsepower RPO 396 and the 360-horsepower fuel-injected RPO 582 ran the Duntov camshaft, solid lifters and 11.25:1, made their power at 6,000 rpm and wanted a four-speed and a short axle to use it. The twin Carter four-barrels of 1956–61 were gone, replaced by a single large Carter AFB on every carbureted engine above base.
The four-speed became the normal transmission, on 78 percent of cars, and the Powerglide gained an aluminum case but was limited to the two hydraulic-lifter engines.
Positraction went into nearly every car, with a 3.08:1 highway axle available at no charge for the first time. Period tests put the 360-hp fuelie four-speed at 5.9 seconds to 60 mph and 132 mph.
The chassis itself was unchanged, which is why the C2 was needed: the 1962 was faster, handled better and was more civilized than any Corvette before it, but it was still a 1953 frame with a live axle and drum brakes under a 360-horsepower engine.
MORE: FULL SPECIFICATIONS / ENGINE
| SPEC | 1962 CORVETTE |
|---|---|
| Engine | 327 ci (5.4 L) OHV small-block V-8, the 283 bored and stroked to 4.00 x 3.25 in; cast iron block & heads; first year of the 327 |
| Base engine | 250 hp @ 4,400 rpm, 350 lb-ft @ 2,800 rpm, Carter WCFB four-barrel, 10.5:1; 4,907 cars |
| RPO 583 | 300 hp @ 5,000 rpm, 360 lb-ft @ 3,200 rpm, large Carter AFB four-barrel, 10.5:1; 3,294 cars, $53.80 |
| RPO 396 | 340 hp @ 6,000 rpm, 344 lb-ft @ 4,000 rpm, AFB four-barrel with the Duntov camshaft and solid lifters, 11.25:1; 4,412 cars, $107.60 |
| RPO 582 | 360 hp @ 6,000 rpm, 352 lb-ft @ 4,000 rpm, Rochester fuel injection with the Duntov camshaft, 11.25:1; 1,918 cars, $484.20 |
| Transmission | 3-speed manual standard (1,681 cars); Borg-Warner T-10 4-speed (RPO 685, 11,318 cars, $188.30); 2-speed Powerglide with aluminum case (RPO 313, 1,532 cars, $199.10), 250 and 300-hp engines only |
| Axle ratio | 3.70:1 standard; 3.08:1 available (RPO 203, no charge); Positraction (RPO 675, $43.05) on 14,232 cars, 98 percent of production |
| Suspension | Independent front with coil springs and anti-roll bar; live axle on semi-elliptic leaf springs with radius rods and rear anti-roll bar; last year of the solid axle |
| Brakes | 11-in drums; sintered-metallic linings (RPO 686, $37.70, 2,799 cars); heavy-duty brakes and special steering (RPO 687, $333.60, 246 cars) |
| Exhaust | Direct Flow off-road exhaust system (RPO 441, no charge, 2,934 cars) |
| Tires | 6.70 x 15 in; narrow-band whitewalls (RPO 1832, $31.55), the first on a Corvette; blackwall nylon (RPO 1833, $15.70); 15 x 5.5 in wheels (RPO 276, 561 cars) |
| Fuel tank | 16.4 gal; 24-gallon tank (RPO 488, $118.40, 65 cars) |
| Wheelbase | 102 in |
| Overall length | 176.7 in |
| Curb weight | 3,060 lb / 1,388 kg (3-speed); 3,075 lb (4-speed or Powerglide) |
| 0–60 mph | 5.9 sec (360 hp fuel injection, 4-speed) |
| Top speed | 132 mph (360 hp) |
| Production | 14,531, all convertibles; 8,074 with the removable hardtop; 1,918 fuel-injected |
| Assembly | St. Louis, Missouri |
Vehicle Identification Numbers (VIN)
14,531 Cars, 20867S100001 TO 20867S114531
The 1962 VIN keeps the twelve-character format introduced in 1960: 20867S followed by the sequence number, which begins at 100001 and runs through 114531, accounting for each of the 14,531 cars built. The leading 2 is the model year, 08 the Corvette series, 67 the convertible body style and S the St. Louis plant. The VIN is stamped on a stainless steel tag fastened to the steering column in the engine compartment, and the number is also stamped on the frame.
The engine pad suffix identifies the engine: RC (250 hp, manual), SC (250 hp, Powerglide), RD (300 hp, manual), SD (300 hp, Powerglide), RE (340 hp, manual) and RF (360-hp fuel injection, manual). The axle code on the housing records the ratio and whether the car had Positraction. Only one body style, the convertible, was built.
MORE: VIN DECODER / PRODUCTION
| POSITION | MEANING |
|---|---|
| 2 (First Digit) | Model year: 2 = 1962 |
| 08 (Second & Third Digits) | Chevrolet Corvette series code |
| 67 (Fourth & Fifth Digits) | Body style: 67 = convertible, the only body built in 1962 |
| S (Sixth Digit) | Assembly plant: S = St. Louis, Missouri |
| 100001–114531 (Seventh through Twelfth Digits) | Production sequence number |
Pictures, Videos, Wallpapers & Galleries
Seven colors on the cleaned-up ducktail body, with body-color coves for the first time since 1955: Tuxedo Black, Ermine White, Roman Red, Sateen Silver, Almond Beige, Fawn Beige and Honduras Maroon. Chevrolet’s color-by-color production records for 1962 are incomplete, so no counts are given here.
Market & Buying Guide
For Sale & What They Bring
The 1962 is the most sought-after C1 after the 1957, and for a different reason: it is the one to drive. The 327 gives it real pace, the four-speed and Positraction are on almost every car, and the body has none of the excess of 1958. The ranking follows the engine. A documented 360-hp fuelie four-speed is the car everyone wants, with the 246 RPO 687 cars and the 65 big-tank cars in a tier of their own; the 340-hp RPO 396 is the enthusiast’s choice and often the better value; 300 and 250-hp cars are the entry point, and the 1,532 Powerglides sit below them. Because the 1962 is also the C1 most often turned into a restomod, confirming that body, frame and VIN belong together comes first.
Results tracked by Classic.com through October 2026 put original or well-restored carbureted cars between about $58,000 and $88,000: $58,000 for a 327/340 on Bring a Trailer in September, $61,040 and $63,280 for a 300 and a 340 at Kruse Auburn, $70,000 for a 340 hardtop car at a Hagerty auction, and $77,000 and $88,000 for a 300 and a 340 at Mecum Monterey in August. Fuel-injected cars sold for $84,500 on Bring a Trailer in October and $99,500 in August, both hardtop cars, while a 340 was bid to $130,000 at Saratoga in September without selling. Modified cars ranged from $55,000 to $67,000, projects from about $38,000. Check whether a result includes the buyer’s premium, and treat asking prices and unsold high bids separately from completed sales.
Verification starts at the engine pad: the suffix (RC, RD, RE, RF, SC or SD) must match the equipment and the block date must precede the car’s build. A 340 or 360 should have solid lifters and the Duntov cam, a fuelie a 1962-series Rochester unit, and a 300 the large AFB rather than the base WCFB. The aluminum-case Powerglide is correct only behind the 250 and 300. Check that the cove vent inserts and rocker moldings are present and that the coves are body color. NCRS judging sheets, old photographs, ownership records and restoration invoices all help, and ask to see dates and scores rather than just the award.
The body is the 1961 ducktail in its second year and the stress points are the same: around the headlight bezels, the door hinge pillars, the cove edges and the cowl, with the rear clip seam showing where it has been repaired. Underneath, the boxed frame rails rust from the inside, so an inspection on a lift is essential. On the road a 340 or 360 should idle lumpily but evenly, pull hard above 4,000 rpm and not overheat in traffic; the four-speed should not jump out of gear, and with metallic brakes the pedal should firm up once warm. Most of these cars see few miles, so budget for tires, brakes and fuel-system work on anything that has sat.
MORE: THE MARKET
Everything We've Published On The 1962 Corvette
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FAQs
How many 1962 Corvettes were built?
Chevrolet built 14,531 Corvettes for 1962, all convertibles, at St. Louis, Missouri, up nearly 40 percent from 10,939 in 1961 and the most of any C1. Of those, 1,918 had fuel injection, 11,318 had the four-speed, 14,232 had Positraction and 8,074 had the removable hardtop. Only 246 had the RPO 687 heavy-duty brake and steering package and 65 the 24-gallon tank.
How much is a 1962 Corvette worth today?
In 2026, original or well-restored carbureted 1962 Corvettes have mostly sold for $58,000 to $88,000 at auction, with 340-hp cars at the top of that range, fuel-injected cars from about $85,000 to $100,000, and the best documented examples bid to $130,000. Modified cars range from $55,000 to $67,000 and projects start around $38,000. The engine, its paperwork and the four-speed decide the price.
What engine and transmission did the 1962 Corvette have?
The new 327-cubic-inch small-block V-8 in four versions: 250 hp standard, 300 hp with a larger Carter AFB four-barrel, 340 hp with the Duntov camshaft and solid lifters, and 360 hp with the camshaft and Rochester fuel injection. A three-speed manual was standard; the four-speed ($188.30) went into 11,318 cars and the Powerglide automatic ($199.10), available only with the 250 and 300-hp engines, into 1,532.
What colors did the 1962 Corvette come in?
Seven: Tuxedo Black, Ermine White, Roman Red, Sateen Silver, Almond Beige, Fawn Beige and Honduras Maroon, with black or white soft tops and black, fawn or red interiors. Two-tone coves were no longer offered, so every 1962 is a single color. Chevrolet’s production records by color for 1962 are incomplete, so reliable per-color counts do not exist.
How much did the 1962 Corvette cost when new?
The base price was $4,038 with the 250-hp engine and three-speed manual. The 300-hp engine added $53.80, the 340 $107.60, fuel injection $484.20, the four-speed $188.30, the hardtop $236.75, Positraction $43.05 and the heavy-duty brakes and steering $333.60. A 360-hp fuelie with the four-speed, Positraction, hardtop and RPO 687 came to about $5,320.
What changed on the 1962 Corvette?
The engine, mostly: the 327 replaced the 283 and the dual four-barrel options disappeared. Outside, the chrome cove outline and cove spears were removed, a ribbed aluminum insert went into the cove vent, the grille mesh and trunk emblem background were blacked out, rocker moldings were added, narrow-band whitewalls became available and two-tone paint was dropped. The heater became standard, the Powerglide got an aluminum case and a 3.08:1 highway axle joined the list.
Why is the 1962 Corvette considered the best C1?
Because it has the most power and the least chrome. The 327 made it the fastest C1 by a wide margin, almost every car has the four-speed and Positraction, the ducktail body is at its cleanest, and ten years of running changes had made it the best-built and most civilized solid-axle Corvette. It is also the last of the line: the Sting Ray that followed in 1963 had independent rear suspension and a new body, which makes the 1962 the final expression of the original car.
All The Research
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