2004 Chevrolet Corvette Z06 Commemorative Edition

C5 CORVETTE - 2004

The 2004 Corvette

The last C5: the Commemorative Edition in Le Mans Blue with Shale leather and, on the Z06, silver-and-red stripes and the first painted carbon-fiber hood on an American production car; Nürburgring-tuned Z06 damping, a sixth Indianapolis pace car, and Corvette Racing’s third Le Mans class win. 34,064 built, 248,715 in all.

2004 Chevrolet Corvette Z06 Commemorative Edition
2004 Chevrolet Corvette Z06 Commemorative Edition
2004 Chevrolet Corvette Commemorative Edition
2004 Chevrolet Corvette Commemorative EditionFrom 2000 to 2004, the Chevolet Corvette C5.R earned a total of 33 1st place finishes including three wins at the 24 Hours of Lemans - in 2001, 2002, and 2004. (Image courtesy of GM Media.)

The Z06 Commemorative Edition’s hood was the first painted carbon-fiber body panel on a production car built in North America, and GM hid the fact on purpose: the fibers were laid in a single direction so the Le Mans Blue paint would read as smooth as fiberglass, and the only place the weave shows is the red border of the stripe, where it was left visible as a signature. The hood saved 10.6 pounds, which is less than the difference between a Z06 and a Z06 with a full tank, and buyers paid $4,335 for the package; 2,025 got it, while the 46 European Z18 coupes got the same hood on a 350-horsepower body with the Z06’s running gear underneath.

DID YOU KNOW

Special & Limited Edition Models

The Commemorative Edition and the Z06 have their own sections below. Also here: the 2004 Indianapolis 500 and Daytona pace cars, the European Z18 and the C5-R in its unbeaten final season.

Built on the Fixed Roof Coupe and powered by the LS6, the C5 Z06 pushed the Corvette from sports car to supercar. From Zora's 1963 original to the 2004 car's 7:56 Nurburgring lap.
The final C5 led the field at Indy with little more than coolers, a freer muffler, racing belts and strobes added. The Americana-themed paint scheme and Chevrolet's original press release.
GM's first true factory Corvette racer started with a 6.0-liter LS1-based V8 and grew into a 427 Le Mans winner. Race-by-race results for every ALMS season from 1999 to 2004.

2004 Corvette Commemorative Edition

The C5’s send-off, built to honor Corvette Racing’s 2001 and 2002 Le Mans class wins and offered on every body. On the coupe and convertible (RPO 1SC, $3,700 over the 1SB group): Le Mans Blue Metallic, a Shale leather interior with the Le Mans emblem embroidered on the headrests, Commemorative badges citing the titles, polished wheels with special centers and, on the convertible, a Shale top and a silver waterfall emblem; 2,215 coupes and 2,659 convertibles. On the Z06 (RPO Z16, $4,335): the C5-R’s silver-and-red center stripe over hood, roof and rear deck, polished Z06 wheels with “Commemorative 24:00 Heures du Mans” centers, the embroidered black interior and a carbon-fiber hood developed with MacLean and Toray, 20.5 pounds, 10.6 lighter than the composite panel and the first painted carbon-fiber panel on a North American-built production car; 2,025 built, the number fixed in advance, with 46 European Z18 coupes carrying the Z06’s hood, stripes and running gear. In 2026 Z06 Commemoratives sold for $23,583 to $40,000 at auction by mileage, the coupes and convertibles for $19,800 to $22,500.

MORE: THE COMMEMORATIVE EDITION STORY

From the first 327-powered 1962 Corvette to the 755-hp 2019 ZR1, one car per generation earns the crown. Includes the 20-unit 1967 L88, the 1,000-car 1996 Grand Sport and the LeMans Blue 2004 Commemorative Edition.

2004 Corvette Z06

The last and best-sorted C5 Z06: the 405-hp LS6, M12 six-speed, cast-spun wheels, titanium exhaust and standard HUD of 2002–03, with FE4 suspension retuned after Nürburgring testing (revised Sachs damping, stiffer upper-control-arm bushings, softer rear-bar bushings) for a car that settled faster in transitions and lapped the Nordschleife in under eight minutes; Car and Driver’s Frank Markus said it felt hundreds of pounds lighter and twice as rigid, and Motor Trend ran one 0–60 in 4.2 and the quarter in 12.4 at 117 mph. $52,385; 5,683 built in Le Mans Blue (2,025 Commemoratives), Black (1,186), Machine Silver (967), Torch Red (876) and Millennium Yellow (629), with black or black/Torch Red seats. In 2026 standard 2004 Z06s sold for $23,259 to $42,750 at auction by mileage, the Commemoratives a little above them.

MORE: THE C5 Z06 STORY

Corvette LS6 engine closeup
Chief Engineer David Hill wanted a Corvette that was a performance car first, and the LS6 answered. Members get the bay-to-bay breathing, .525-inch cam lift, the 2002 bump to 405 horsepower and the CTS-V connection.

Pictures, Videos, Wallpapers & Galleries

Eight colors: Le Mans Blue (6,899, Commemorative Edition only), Black (6,212), Torch Red (5,023), Machine Silver (4,666, new), Magnetic Red II (3,596, $750), Medium Spiral Gray (3,286), Millennium Yellow (2,641, $750) and Arctic White (1,741, returned); the Z06 came in Le Mans Blue, Black, Machine Silver, Torch Red and Millennium Yellow. Interiors in Black (20,979), Shale (4,829, Commemorative coupes and convertibles), Light Oak (3,983), Light Gray (2,738), Torch Red (873) and Black/Torch Red (662, Z06); tops in Black (7,086), Shale (2,659), Light Oak (2,029) and White (442).

FAQs

How many 2004 Corvettes were built?

Chevrolet built 34,064 Corvettes for 2004 at Bowling Green, Kentucky, the last C5s: 16,165 hatchback coupes, 12,216 convertibles and 5,683 Z06 hardtops. 6,899 were Commemorative Editions in Le Mans Blue (2,215 coupes, 2,659 convertibles and 2,025 Z06s with the carbon hood), and 46 Z18 Commemorative coupes went to Europe. 12,611 cars had a six-speed (every Z06 and 6,928 coupes and convertibles), 21,453 the automatic; 20,780 coupes and convertibles had the 1SB package, 5,843 Magnetic Selective Ride Control, 3,672 the Z51 package, 22,487 polished wheels, 1,110 magnesium wheels; 142 were delivered at the National Corvette Museum. The C5 total came to 248,715.

How much is a 2004 Corvette worth today?

Between October 2025 and October 2026, Classic.com tracked 2004 Z06 Commemorative Editions selling from $23,583 (68,000 miles) to $40,000 (11,000 miles), most between $29,000 and $38,250 with a benchmark of about $34,800; standard 2004 Z06s from $23,259 to $42,750, most $25,000 to $35,500; coupe and convertible Commemoratives $19,800 to $22,500 (benchmark about $21,500); and ordinary 2004s from $9,900 for high-mileage cars to $27,500 for a 14,000-mile automatic. Dealers asked $13,000 to $45,000 across the range.

What engine did the 2004 Corvette have?

The same two as 2002–03: the 350-hp LS1 (375 lb-ft with the six-speed, 360 with the automatic) in the coupe and convertible, and the 405-hp, 400-lb-ft LS6 in the Z06 and the 46 European Z18 coupes, both 346-cubic-inch (5.7-liter) all-aluminum small-blocks built at St. Catharines, Ontario. The coupe and convertible took the 4L60-E automatic or the $915 six-speed; the Z06 came only with its M12 six-speed. The C6’s 6.0-liter LS2 replaced the LS1 the following year.

What colors did the 2004 Corvette come in?

Eight: Le Mans Blue Metallic (6,899, Commemorative Editions only), Black (6,212), Torch Red (5,023), Machine Silver (4,666, new, replacing Quicksilver), Magnetic Red Metallic II (3,596, a $750 tint-coat), Medium Spiral Gray (3,286), Millennium Yellow (2,641, $750) and Arctic White (1,741, back after 2000). The Z06 came in Le Mans Blue, Black, Machine Silver, Torch Red and Millennium Yellow. Interiors were Black, Shale (Commemorative coupes and convertibles), Light Oak, Light Gray, Torch Red or, on the Z06, Black/Torch Red; convertible tops Black, Shale, Light Oak or White.

How much did the 2004 Corvette cost when new?

$44,535 for the coupe, $51,535 for the convertible and $52,385 for the Z06, plus $670 destination. The Commemorative Edition was $3,700 on a coupe or convertible (over the $1,200 1SB group) and $4,335 on the Z06; Magnetic Selective Ride Control $1,695, the dual-roof package $1,400, polished wheels $1,295, magnesium wheels $995, the six-speed $915, the glass roof $750, Millennium Yellow or Magnetic Red II $750, the CD changer $600, museum delivery $490, the Z51 package and performance axle $395 each, moldings $150, and memory $175 and mirrors $160 on the Z06.

What is a 2004 Corvette Commemorative Edition?

A package honoring Corvette Racing’s 2001 and 2002 Le Mans class wins, offered on all three bodies in Le Mans Blue Metallic. On the coupe and convertible (RPO 1SC, $3,700): a Shale leather interior with the Le Mans emblem on the headrests, Commemorative badges, polished wheels with special centers and, on the convertible, a Shale top; 2,215 coupes and 2,659 convertibles. On the Z06 (RPO Z16, $4,335): the C5-R’s silver-and-red stripes over hood, roof and deck, a carbon-fiber hood 10.6 pounds lighter than the composite one, the first painted carbon-fiber panel on a North American production car, polished Z06 wheels with Commemorative centers and the embroidered black interior; 2,025 built. 46 European Z18 coupes combined the Z06’s hood, stripes and running gear with the coupe body.

What changed on the 2004 Corvette?

The Commemorative Edition arrived on all three bodies; every Z06 got revised Sachs shock damping, stiffer upper-control-arm bushings and softer rear-bar bushings after Nürburgring testing; Machine Silver replaced Quicksilver, Arctic White returned and Magnetic Red II replaced Anniversary Red on the chart; the magnesium wheels dropped to $995 and the dual-roof package rose to $1,400; the Cadillac XLR began production alongside the Corvette at Bowling Green. The engines and the rest of the car were unchanged, the convertible paced the Indianapolis 500 with Morgan Freeman driving, and Corvette Racing won every ALMS race and Le Mans. The C6 followed for 2005.