Well, for starters, this 1988 Corvette is #92 of 125 twin-turbo models built that year by Callaway Cars. and one of just 105 built that year which were ordered with the B2K option. When a Corvette was ordered with Regular Production Option (RPO) B2K, the car would be shipped directly from the Corvette Plant in Bowling Green, Kentucky to Callaway Cars in Old Lyme, Connecticut for the Twin-Turbo Conversion.
Once equipped with the twin-turbo setup, the 1987 Callaway Corvette produced 345 horsepower (257 kW) and 465 lb-ft (630 Nm) of torque and could reach a top speed of 178 mph (286 km/h). This put the car on-par with European sports car like Ferrari and Lamborghini, though the Corvette cost considerably less than either of its more expensive Italian counterparts. That’s not to say that the car was cheap. When equipped with the B2K Twin-Turbo option, the 1988 Callaway Corvette cost over $61k, a price increase of more than $25k over its base model counterparts.
Which brings us back to why we are posting this car. At the time of this publication, this 1988 Callaway Corvette has just over 22k miles on the odometer and is listed for just $12,500.00. While this price is subject to change over the coming week, it is currently an exceptional value on a rare and unique Corvette.
This 1988 Callaway Corvette comes finished in a Dark Metallic Blue with a Saddle-colored leather interior and convertible top. The sport bucket seats feature six-way power adjustments for both the driver and passenger. New lumbar support bladders and pumps were installed in both seats. The air conditioning has been converted to the more environmentally friendly R134A. The car also includes automatic climate control, power windows and the factory cassette deck stereo system. A two-spoke steering wheel sits ahead of the digital instrument cluster and a plaque on the center console designates that this car is number 92 of the 400 Callaway twin-turbo conversions performed.
Moving back to the car’s exterior, this Callaway C4 Corvette features 17″ Dymag 5-spoke wheels equipped with Goodyear Eagle tires with date codes from 2015. This car came from the factory with the Z52 Sport Handling Package as well as the Z5G Special Equipment Option, the latter of which includes larger front brakes, a power-steering cooler, a deeper air dam and free-flow mufflers.
Beneath the hood, the car features the aforementioned 5.7L L98 Twin-Turbo V8 engine coupled to a 4+3 four speed manual transmission (with overdrive.) Per the documentation that comes with the car, this twin-turbocharged V8 engine was officially rated at 382 horsepower and 562 lb-ft of torque when new. Callaway-specific badging is present on the car’s hood, trunk lid and plastic rear window. Signatures from both Reeves Callaway and David McLellan are visible under the hood.
While the car is not flawless (the seller notes some minor scratches on the car’s exterior), this 1988 Callaway Corvette received the McLellan Mark of Excellence Award from the NCRS (National Corvette Restorers Society) and the Top Flight Award in 2017. The current owner of the car replaced the brake and clutch fluid in May, 2019. Previous work performed on this car includes: having the fuel injectors calibrated, recharging the gas hood shocks, and replacing the battery, fuel pump and the factory alternator with a re-manufactured unit.
Should you win this Corvette, in addition to the car itself, you’ll also receive all of the service records from the seller, the original window sticker and other OEM documentation, a clean Carfax Report and a clean/clear Iowa Title currently in the seller’s name. The Carfax report lists no issues with the car and shows a complete history of the car during its time in Illinois, Indiana and Iowa. The first entry dates back to December 1990 and the most current record on file is from July, 2018.
Please note that Corvsport.com was not endorsed in any way to promote this vehicle, nor do we have any means of verifying the accuracy of the information in this listing. As with any vehicle purchase, we recommend consulting a mechanic before purchasing.