As we look at the 1955 Corvette Information we realize that Corvette has had its share of ups and downs since it was first introduced in 1953. In the first year of production, they only produced 300. And in 1955 there were only 700 manufactured.
But, now in its 3rd year of production, the 1955 C1 model year Corvette finally became the true sports car that enthusiasts demanded with the introduction of a larger 265 cubic inch engine, 195 hp, and the now-famous 3-speed manual transmission.
The ’55 model Corvette finally got the upgrade it needed—a V-8 engine. Actually, the entire Chevrolet model lineup received the new 265 CI V-8, and it immediately turned everyone’s attention to the Bowtie.
The 265 CI V-8 engine in the lighter Corvette proved more potent than the full-sized cars. With a 4-barrel carburetor, it produced 195 HP at 5,000 RPM with 260 lb-ft of torque at 3,000. It would do enough to shake up the laid-back coupe and go from 0-60 MPH in 8.7 seconds and from 0-100 MPH in 24.7 seconds. This was a remarkable development for those used to driving standard 6-cylinder Chevrolets. Although the new V8 was available, there were still seven six-cylinders sold.
In commemoration of the newly installed V-8 engine, 1955 Corvettes feature a large, gold V in the Corvette script on the front fender panels.
The 1955 model year also brought some new features, such as a 12-volt electrical system and new color choices. Gypsy Red, Corvette Copper, and Harvest Gold became available, in addition to Pennant Blue and the original Polo White. (The “Polo White” color was last used in 1957 Corvette.)
Corvette manufactured only seven hundred 1955 Corvettes. While Corvette sales have remained slow, sales of the new 1955 Thunderbird with features such as outside door handles and roll-up windows have skyrocketed.
So what is a 1955 Corvette worth today?
According to Hagerty, the 1955 base Roadster V8 with the 265/195hp 4bbl in fair condition is worth just under $56,000, and in Concours condition, it’s worth over $185,000.
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