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1982 Chevrolet Corvette Overview, Reviews, Ratings & Specs

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Simon A | September 30, 2025
The 1982 Chevrolet Corvette marks the grand finale of the iconic C3 generation (1968-1982). This two-door coupe, famously available with removable T-tops, stands out for its unique "Cross-Fire Injection" fuel system, a transitional technology. Key trims included the standard model and the highly sought-after Collector Edition. New pricing hovered around $18,290 to $22,537, making it a desirable sports car. Its popularity stems from being the last of the C3 "Stingray" body style, with the Collector Edition's distinct hatchback rear window and special paint making it particularly memorable and a true collector's item.
The Good

The 1982 Corvette offers classic C3 styling, an emotional appeal for its iconic American V8 sound and grand touring comfort. Performance, while not cutting-edge by modern standards, was decent for its era. Its design is timeless, making it a head-turner. For practical buyers, it can represent a tangible asset with potential appreciation, especially the Collector Edition, and a relatively simple small-block Chevy V8 for maintenance.

The Bad

The notorious "Cross-Fire Injection" system is a primary weakness, often plagued by reliability and tuning issues. Electrical gremlins, common for its age, can affect gauges and power accessories. Rust in the "birdcage" frame and vacuum leaks are also frequent concerns. Interior materials can show significant wear and tear after four decades.

1982 Chevrolet Corvette: Quick Overview

  • Engine: The 1982 Chevrolet Corvette came with a single engine option: the L83 5.7-liter (350 cubic inch) Small-Block V8. This engine was notable for its "Cross-Fire Injection" system, an early attempt at Throttle Body Injection (TBI) featuring two throttle bodies on a single intake manifold. This was a significant step from carbureted engines but still rudimentary compared to later fuel injection systems.

  • Horsepower: The L83 V8 produced 200 horsepower at 4200 rpm and 285 lb-ft of torque at 2800 rpm. While modest by modern V8 standards, it offered respectable power for its time, especially given the increasingly stringent emissions regulations of the early 1980s.

  • Transmission: For 1982, the Corvette was exclusively offered with a 4-speed automatic transmission with an overdrive fourth gear. This was a change from prior years, where manual transmissions were available.

  • Fuel Economy: EPA estimates for the 1982 Corvette were approximately 14 MPG in the city and 20 MPG on the highway. Real-world fuel economy can vary based on driving style and vehicle condition, often being on the lower side for a V8 of this era.

  • 0-60 MPH: Period tests indicated 0-60 mph acceleration times in the range of 7.5 to 8.5 seconds. This made it a quick car for its time, though not blistering by today's performance metrics.

  • Towing Capacity: The 1982 Chevrolet Corvette was not rated or recommended for towing. Its design as a sports grand tourer makes towing impractical and potentially damaging.

  • Trim-Level Features:
    • Standard Model: Included a comprehensive list of features such as power windows, power steering, power disc brakes, air conditioning, AM/FM stereo, leather-wrapped steering wheel, tilt/telescopic steering column, and iconic removable T-tops. Standard seating was leather.

    • Collector Edition: This special trim, commemorating the final C3 year, featured unique silver-beige metallic paint, distinctive cast aluminum wheels, a specific "Collector Edition" badging, and a first-ever frameless glass rear hatchback, which provided improved cargo access. The interior boasted special silver-beige leather, and the T-tops had a unique bronze tint. This edition was highly equipped and had a higher sticker price, making it a very desirable and collectible variant.

1982 Chevrolet Corvette Specifications

Vehicle Information
Year 1982
Make Chevrolet
Model Corvette
Trim -
Style Hatchback
Type Hatchback
Category Compact Car
Manufacturing Details
Made In United States
Manufacturing City ST. LOUIS
Dimensions
Doors 2-Door
Curb Weight -
Gross Vehicle Weight Rating -
Overall Height -
Overall Length -
Overall Width -
Wheelbase Length -
Standard Seating -
Engine & Performance
Engine 5.7-L V-8 OHV 16V
Engine Size 5.7L
Engine Cylinders 8
Transmission -
Transmission Type -
Transmission Speeds -
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System -
Steering Type -
Pricing
Manufacturer Suggested Retail Price (MSRP) -
Invoice Price -
Delivery Charges -

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Analysis

What Problems Does the 1982 Chevrolet Corvette Have?

The 1982 Chevrolet Corvette, while an iconic classic, comes with several frequently reported problems, largely due to its age and the transitional technologies it employed.
The most prominent concern is the "Cross-Fire Injection" system. This early Electronic Fuel Injection (EFI) setup, specific to the 1982 and early C4 models, is known for being finicky and difficult to properly tune. Common issues include faulty Throttle Position Sensors (TPS), clogged injectors, fuel pressure regulator failures, and Electronic Control Module (ECM) malfunctions. Owners often report rough idling, hesitation, poor fuel economy, and stalling. Diagnosing and repairing these issues can be challenging, even for experienced mechanics, and finding replacement parts for some specific components can be difficult or require aftermarket solutions.
Electrical problems are another significant long-term reliability concern across the C3 generation. Owners frequently report issues with power windows motors failing, intermittent gauge operation (especially the speedometer and tachometer), headlight motor failures, and general wiring harness degradation leading to various shorts or open circuits. Vacuum leaks, crucial for many accessories and engine control in a car of this era, are also common as rubber hoses and connections age and crack.
Structurally, rust can be a significant issue, particularly in the "birdcage" (the steel frame surrounding the passenger compartment), windshield frame, and main frame rails. While the fiberglass body panels do not rust, the underlying steel components are susceptible, especially in areas exposed to road salt or high humidity. Weatherstripping around the T-tops and doors is prone to drying, cracking, and shrinking, leading to water leaks.
Suspension components, such as bushings, ball joints, and shocks, wear out over time, affecting ride quality and handling. Power steering pumps and hoses are also known to develop leaks. While no widespread, major recalls for the 1982 model are frequently cited today, these age-related failures and design nuances are the primary long-term reliability concerns that prospective owners should be aware of and factor into their maintenance budget.

How long will the 1982 Chevrolet Corvette last?

Given its status as a classic, the average mileage for a 1982 Chevrolet Corvette can vary wildly. Many examples are pampered weekend cruisers with under 50,000 miles, while others saw more regular use and may have over 100,000 miles. With proper and consistent maintenance, the L83 V8 engine is inherently durable and can easily reach 150,000+ miles. However, the lifespan of the car "as a whole" is often limited by its ancillary systems and structural components.
Long-term durability is heavily influenced by prior maintenance and exposure to elements. Weaknesses over time include the aforementioned Cross-Fire Injection system and electrical components, which can become costly to repair. The steel birdcage and frame are prone to rust if not protected, potentially compromising structural integrity. Regular inspections, rust prevention, and proactive replacement of worn rubber and plastic components are crucial to ensuring a long and reliable service life for this classic.

What Technology & Safety Features are Included?

The 1982 Chevrolet Corvette, being a product of its era, featured technology that was advanced for the early 1980s but rudimentary by today's standards. The most significant built-in tech was the "Cross-Fire Injection" system. This early electronic fuel injection setup, controlled by an Electronic Control Module (ECM), was a leap from carburetors, aiming for better emissions control and fuel delivery, though it came with its own set of reliability challenges. Beyond this, 'tech' was largely limited to traditional analog gauges for speed, RPM, oil pressure, coolant temperature, and fuel level. There were no digital displays, advanced trip computers, or complex electronic interfaces.
For entertainment, the standard offering was an AM/FM stereo. Optional upgrades included a U63 AM/FM stereo with a cassette tape player or a U75 AM/FM stereo with an 8-track tape player, reflecting the popular media formats of the time. These systems typically routed sound through a basic four-speaker setup.
Driver-assistance features, as we understand them today, were non-existent. The Corvette did offer power steering and four-wheel power disc brakes as standard, which were considered comfort and control enhancements. Cruise control was an available optional feature, providing a degree of convenience for highway driving.
In terms of safety, the 1982 Corvette met the standards of its time. It was equipped with mandated three-point seat belts for both occupants, an energy-absorbing steering column designed to deform in a frontal collision, and basic side-impact protection beams integrated into the doors. However, advanced safety features like anti-lock brakes (ABS), traction control, stability control, or airbags were decades away from becoming standard in production vehicles.
Crash-test ratings from organizations like NHTSA or IIHS are not available for the 1982 Chevrolet Corvette. Formalized crash testing and public reporting of results were not standard practice for vehicles of this vintage, and safety standards were considerably less stringent than those governing modern automobiles.

What Colors Options are Available?

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In the meantime, feel free to explore the other sections for more content.

1982 Chevrolet Corvette Prices and Market Value

When new, the 1982 Chevrolet Corvette had an MSRP of approximately $18,290 for the standard coupe. The highly desirable Collector Edition, with its unique features, commanded a higher price tag, starting around $22,537.
In today's used market, prices for a 1982 Corvette vary significantly, ranging from $10,000 for a project car in fair condition to over $30,000 or even $40,000 for exceptional, low-mileage Collector Editions. Standard models typically fall within the $15,000-$25,000 range for good examples.
Depreciation insights show that while these cars initially depreciated like most vehicles, well-preserved examples, particularly the Collector Edition, have seen appreciation over time, establishing them as legitimate collector cars. Factors affecting resale value include the vehicle's overall condition (body, paint, interior), originality (matching numbers engine/transmission), documented maintenance history, mileage, and crucially, whether it's a sought-after Collector Edition. Issues like rust, non-functional Cross-Fire Injection, or significant modifications can substantially depress its value.

1982 Chevrolet Corvette Cost of Ownership

Owning a 1982 Corvette can be a mix of economical and costly. Insurance can be surprisingly affordable if you opt for specialized classic car insurance, which often has mileage restrictions but lower premiums. Fuel costs will be notable due to its modest fuel economy (around 14-20 MPG) and the potential need for premium fuel for optimal performance in older vehicles. Maintenance can be moderate if you're a DIY enthusiast, as many small-block Chevy parts are common. However, specific Cross-Fire Injection components, interior pieces, or body parts can be scarce and expensive for repairs. Long-term ownership is generally not economical as a daily driver. It's best viewed as a cherished enthusiast car where passion outweighs strict cost efficiency, budgeting for age-related repairs and specific component issues.

1982 Chevrolet Corvette Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity -
City Mileage -
Highway Mileage -

1982 Chevrolet Corvette Warranty

Basic
Original warranty 0 months / No data
Estimated remaining Expired
Powertrain
Original warranty 0 months / No data
Estimated remaining Expired
Rust
Original warranty 0 months / No data
Estimated remaining Expired

1982 Chevrolet Corvette Insurance

Insurance for a 1982 Chevrolet Corvette is moderately priced, reflecting its status as a Hatchback with strong safety ratings and
reasonable repair costs.

How Does the 1982 Chevrolet Corvette Compare to Other Hatchback?

When stacking the 1982 Chevrolet Corvette against its key rivals, it presents a unique proposition.
Vs. Datsun 280ZX Turbo: The 280ZX Turbo offered comparable straight-line performance with its turbocharged inline-six, often slightly quicker in acceleration while delivering better fuel economy. The Datsun was generally more modern in its interior feel and arguably offered a more refined ride, but lacked the raw V8 torque and unmistakable American muscle car presence of the Corvette. Reliability could be a toss-up, with the 280ZX having its own set of turbo-related issues, while the Corvette struggled with its Cross-Fire Injection.
Vs. Porsche 924/944 (early 944s were just appearing): Porsche offered superior handling dynamics and European refinement, but at a significantly higher price point, especially for the more capable 944. The 924 was often considered underpowered compared to the Corvette's V8. While Porsches generally had better build quality, their maintenance costs could be substantially higher. The Corvette countered with its iconic V8 rumble and distinct American styling.
Vs. Ford Mustang GT (Fox Body): The 1982 Fox Body Mustang GT, while a capable performer, was a more affordable, less refined "pony car" compared to the Corvette's grand tourer status. The Mustang offered a lighter, more agile feel and, with its 5.0L V8, could be quite quick. The Corvette, however, was in a different league in terms of standard features, interior luxury (for the time), and overall presence.
In terms of features, the Corvette often came with more standard luxury and power amenities than many rivals. Reliability was a mixed bag due to the finicky Cross-Fire Injection system, which often made it less reliable than some Japanese competitors but on par with or better than some European sports cars of the era. Pricing-wise, the Corvette was competitive, offering a lot of sports car for the money compared to its European counterparts.
Recommendation: For enthusiasts seeking an iconic American V8 classic with strong visual appeal and a comfortable cruising experience, the 1982 Corvette is a unique choice. If modern performance and precision handling are priorities, alternatives like a slightly newer C4 Corvette or a well-maintained Porsche 944 might be better. If a more raw, budget-friendly performance experience is desired, the Fox Body Mustang GT is a strong contender.

Final Verdict: Is the 1982 Chevrolet Corvette a Good Hatchback?

The 1982 Chevrolet Corvette is ideal for classic car enthusiasts who appreciate its significant place in automotive history as the final C3 generation model. It's perfect for those seeking an iconic American V8 with timeless styling, removable T-tops, and a comfortable grand touring experience for weekend cruises or car shows. It's worth buying for the right individual, primarily as a used vehicle, as new models are obviously no longer available. Look for a well-maintained example, ideally with a documented service history, focusing on the "Collector Edition" trim for its added exclusivity and potential for appreciation.
However, prospective buyers must be prepared for potential challenges with the Cross-Fire Injection system and age-related electrical issues. It is not an economical daily driver or a performance king by modern standards. Under these conditions – a good example purchased with a realistic budget for maintenance and a love for classic American muscle – the 1982 Corvette offers a unique and rewarding ownership experience.

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Simon A

Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.