C1 CORVETTE - 1954

The 1954 Corvette

The first Corvette built to sell: 3,640 cars from a new St. Louis plant, four colors, a 155-hp Blue Flame six, and about 1,500 of them still unsold at year’s end.

1954 Corvette Blue Flame engineCredit: RK Motors

Chevrolet advertised the 1954 Corvette at $2,774, but the only transmission offered, the two-speed Powerglide, was listed as a $178.35 “option”, as were the heater and windshield washers. Every car got all three. The real price was $3,254.10.

DID YOU KNOW

Special & Limited Edition Models

1954 was the Motorama year for Corvette show cars: the fastback Corvair, the Nomad wagon and the hardtop coupe, all built on the production chassis.

The Tri-Five Nomad began life as a Corvette. Five Corvette-bodied wagons toured the 1954 Motorama circuit before Harley Earl fast-tracked the design into Bel Air production, and only three survive today.
A fastback Corvette with a jet-afterburner tail: the 1954 Corvair concept took Harley Earl's aviation obsession to the Motorama. Its 155 hp inline six was pure C1 underneath, and slow sales killed it.
Sharkfin headlights, a prototype steering wheel and a blue no production car wore: this 1954 Corvette was a GM Styling design exercise, documented on 1955 and 1956 shop orders and restored by Werner Meier.

FAQs

How many 1954 Corvettes were built?

Chevrolet built 3,640 Corvettes for the 1954 model year, all convertibles. Production began in December 1953, with the first 14 or 15 cars assembled in Flint, Michigan, before the line moved to a renovated plant in St. Louis, Missouri. Sales fell well short of plan, and about 1,500 cars remained unsold at the end of the year.

How much is a 1954 Corvette worth today?

A 1954 Corvette is a five-figure collector car, not a six-figure one like the 1953. In 2026, original or highly original cars sold for roughly $39,000 to $80,000 at auction, with most clustered between $40,000 and $60,000. Project cars have sold for $13,000 to $20,000. Color, originality of the engine and drivetrain, and documentation drive the spread.

What engine and transmission did the 1954 Corvette have?

Every 1954 Corvette used the 235.5-cubic-inch “Blue Flame” inline six with three Carter sidedraft carburetors, rated at 150 horsepower early in the year and 155 horsepower after a new camshaft was introduced. The only transmission was the two-speed Powerglide automatic, even though Chevrolet listed it as a $178.35 option.

What colors did the 1954 Corvette come in?

Four. Polo White with a red interior accounted for about 3,230 cars, Pennant Blue with a tan interior for about 300, Sportsman Red with a red interior for about 100, and Black with a red interior for as few as four to six cars. All had a tan convertible top. Metallic Green and Metallic Bronze appeared in period paint bulletins, but no factory records show a car built in either color.

How much did the 1954 Corvette cost when new?

Chevrolet advertised a base price of $2,774, down from $3,498 in 1953, but the Powerglide transmission ($178.35), heater ($91.40), AM radio ($145.15), directional signals, whitewall tires, parking brake alarm, courtesy lights and windshield washers were all listed as options and fitted to every car. The price actually charged was $3,254.10 before local taxes and dealer charges.

What changed from the 1953 to the 1954 Corvette?

Mechanically very little. The 1954 moved production from Flint to St. Louis, added three colors to Polo White, changed the top from black to tan, ran the exhaust outlets below the body so they stopped staining the paint, fitted a single-handle hood latch and moved the choke to the left of the steering column, and gained 5 horsepower from a new camshaft during the year. The body, chassis, Blue Flame six and Powerglide automatic carried over.

Why did the 1954 Corvette sell so poorly?

Chevrolet planned on up to 1,000 cars a month but built 3,640 for the year and still had about 1,500 unsold at the end of it. Buyers wanted a sports car and got a two-speed automatic, a six-cylinder engine and side curtains instead of roll-up windows, at a real price of $3,254.10 that bought a V-8 Cadillac. Water leaks, tricky carburetor tuning and the $2,774 pricing trick did not help. The poor showing nearly ended the Corvette before the V-8 arrived in 1955.