C1 CORVETTE - 1962

The 1962 Corvette

The last C1 and the first 327: four engines from 250 to 360 hp, a four-speed in nearly eight of ten cars, Positraction in almost all of them, the chrome stripped from the coves, and 14,531 built, the most of any solid-axle Corvette.

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

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.