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2003 Chevrolet Corvette Overview, Reviews, Ratings & Specs

Rating: 4.66
Based on 63 Owner Reviews ▶
Eugene S | March 31, 2025
The 2003 Chevrolet Corvette is a sports car representing the fifth generation (C5) of the iconic Corvette lineage. Available in coupe, convertible, and Z06 trims, the C5 Corvette (1997-2004) offered a blend of performance and comfort. Key trims included the base model, and the high-performance Z06. The 2003 model stood out for its powerful engine, sleek design, and relatively affordable price point, typically ranging from $25,000 to $35,000 when new, depending on the trim and options. Its blend of American muscle and refined handling made it a popular choice among sports car enthusiasts.
The Good

The 2003 Corvette offers impressive performance from its V8 engine, delivering exciting acceleration. Its relative reliability compared to some rivals makes it a practical choice. The comfortable interior and smooth ride appeal to those seeking a daily driver. The sleek, sporty design provides emotional appeal, while its strong value for the performance offered makes it an attractive proposition.

The Bad

Potential weaknesses of the 2003 Corvette include the harmonic balancer which can fail, leading to engine damage. The column lock issue, while subject to a recall, may still present problems. Some owners have reported issues with the electronic climate control system and the Targa top leaking on coupe models. Check for signs of wear or damage on the leather seats and interior trim.

2003 Chevrolet Corvette: Quick Overview

  • Engine Options:
    • 5.7L LS1 V8 (Base Coupe and Convertible): The standard engine produced 350 horsepower and 360 lb-ft of torque.
    • 5.7L LS6 V8 (Z06): The Z06 variant boasted a higher-output engine, generating 405 horsepower and 400 lb-ft of torque.
  • Horsepower:
    • Base/Convertible: 350 hp
    • Z06: 405 hp
  • Fuel Economy:
    • Base/Convertible (Manual): 19 mpg city / 26 mpg highway
    • Base/Convertible (Automatic): 18 mpg city / 25 mpg highway
    • Z06 (Manual): 18 mpg city / 26 mpg highway
  • 0-60 Times:
    • Base/Convertible: Around 5.2 seconds
    • Z06: Around 4.5 seconds
  • Towing Capacity: Not recommended or rated for towing.
  • Trim-Level Features:
    • Base Coupe/Convertible: Dual-zone climate control, leather seats, power windows and locks, cruise control, AM/FM radio with CD player, removable roof panel (coupe), and alloy wheels.
    • Z06: Included the LS6 engine, stiffer suspension, upgraded brakes, unique wheels, and lightweight features (thinner glass, less sound insulation) for enhanced performance. Also featured a fixed roof for increased rigidity.

2003 Chevrolet Corvette Specifications

Vehicle Information
Year 2003
Make Chevrolet
Model Corvette
Trim -
Style 2-Door Coupe
Type Coupe
Category Sports Car
Manufacturing Details
Made In United States
Manufacturing City BOWLING GREEN
Dimensions
Doors 2-Door
Curb Weight 1473.27 kg
Gross Vehicle Weight Rating -
Overall Height 121.41 cm
Overall Length 456.44 cm
Overall Width 186.94 cm
Wheelbase Length 265.43 cm
Standard Seating 2
Engine & Performance
Engine 8 Cylinders engine
Engine Size 5.7L
Engine Cylinders 8
Transmission 4-Speed Automatic
Transmission Type Automatic
Transmission Speeds 4-Speed
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $50,535 USD
Invoice Price $44,218 USD
Delivery Charges $800 USD

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What Problems Does the 2003 Chevrolet Corvette Have?

The 2003 Chevrolet Corvette, like other C5 Corvettes, has some frequently reported problems. One significant issue is the harmonic balancer, which can degrade over time and potentially cause severe engine damage if it fails. Regular inspection and replacement are crucial. Another concern is the "column lock" issue, where the steering column locks unexpectedly, preventing the car from starting. While there was a recall (NHTSA Campaign Number: 04V008000), some owners still experience this problem, often requiring disabling or replacing the column lock mechanism. Some owners have also reported issues with the electronic climate control system, including malfunctioning actuators that control air direction and temperature. The Targa top on the coupe models can sometimes leak, especially around the seals. Furthermore, the seats, particularly leather ones, can show wear and tear with age, including cracking and fading. The pop-up headlights, while iconic, can sometimes malfunction due to motor or linkage issues. Long-term reliability concerns center around the drivetrain components, particularly the transmission and differential, which can experience wear and tear with high mileage or aggressive driving. Regular maintenance and timely repairs are essential to mitigate these potential issues.

How long will the 2003 Chevrolet Corvette last?

With proper maintenance, a 2003 Chevrolet Corvette can easily exceed 200,000 miles and provide over 20 years of service. Owner data suggests that well-maintained Corvettes often reach these milestones. However, long-term durability depends heavily on maintenance habits. Regular oil changes, fluid checks, and timely replacement of wear items are crucial. Weaknesses that emerge over time include the aforementioned harmonic balancer, which requires proactive replacement. Suspension components may also need attention due to wear and tear. The electrical system, particularly the climate control actuators and headlight motors, can also be prone to issues as the car ages. Rust is generally not a major concern due to the fiberglass body panels, but the frame should be inspected for any signs of corrosion, especially in regions with harsh winters.

What Technology & Safety Features are Included?

The 2003 Chevrolet Corvette offered a reasonable level of technology for its time. Built-in tech included dual-zone climate control, power windows and locks, cruise control, and a standard AM/FM radio with a CD player. Optional features included a Bose sound system, a head-up display (HUD), and a 12-disc CD changer.
Entertainment features were primarily focused on the audio system, with options for upgraded speakers and CD functionality. Driver-assistance features were relatively limited compared to modern vehicles, but included anti-lock brakes (ABS) and traction control. Safety features consisted of dual front airbags and seatbelts. The Corvette did not offer modern driver-assistance systems like lane departure warning or blind-spot monitoring.
Crash-test ratings from the NHTSA (National Highway Traffic Safety Administration) for the 2003 Corvette are as follows: Frontal Driver Side: 5 stars, Frontal Passenger Side: 5 stars, Side Driver Side: Not Rated, Side Passenger Side: Not Rated. While the Corvette performed well in frontal crash tests, side-impact data is unavailable. The car's structure and safety features provided a decent level of protection for occupants in frontal collisions, but its lack of modern safety systems means it lags behind newer vehicles in overall safety performance. The head-up display was a novel feature that projected information onto the windshield, helping the driver keep their eyes on the road.

What Colors Options are Available?

Exterior Colors
Torch Red
Black
Quicksilver Metallic
Dark Blue Metallic
Spiral Gray Metallic
Millennium Yellow
Light Pewter Metallic
White
Interior Colors
Shale
Black
Light Oak

2003 Chevrolet Corvette Prices and Market Value

When new, the 2003 Chevrolet Corvette had a starting price in the range of $43,000 for the base model and reaching nearly $50,000 for the Z06. Currently, used market prices vary considerably based on condition, mileage, and trim. Expect to find base models ranging from $15,000 to $25,000, while well-maintained Z06 models can fetch between $20,000 and $30,000 or even more. Depreciation has been significant, but Corvettes tend to hold their value relatively well compared to some other sports cars. Factors affecting resale value include overall condition, mileage, service history, originality, and the presence of desirable options like the Z06 package or specific color combinations.

2003 Chevrolet Corvette Cost of Ownership

Insurance costs for a 2003 Corvette can be moderate to high, depending on the driver's age, driving record, and coverage level. Fuel costs are reasonable for a sports car, especially if driven conservatively. Maintenance can be affordable if performed regularly and proactively, but repairs can be costly, especially if major components like the harmonic balancer or transmission fail. Long-term ownership costs are moderate, but neglecting maintenance can lead to expensive repairs. It's not the most economical car to own, but it offers a good balance between performance and cost compared to more exotic sports cars.

2003 Chevrolet Corvette Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 47.98 liters
City Mileage 6.25 km/l
Highway Mileage 4.34 km/l

2003 Chevrolet Corvette Safety Rating

NHTSA
Side Driver Rating
Frontal Passenger Rating
Rollover Rating
Side Rear Passenger Rating
Frontal Driver Rating
IIHS
Rear Crash Protection/Head Restraint Ratings Not Tested
Moderate Overlap Front Test Results Not Tested
Side Impact Test Results Not Tested

2003 Chevrolet Corvette Recalls & Defects

Steering:column Locking:anti-Theft Device
Recall date 2004-02-09
Recall no. 04v060000
Source NHTSA
Summary ON Certain Passenger Vehicles Equipped With Electronic Column Lock Systems (Ecl), When THE Ignition Switch IS Turned TO "lock," THE ECL System Prevents Turning OF THE Steering System. When THE Vehicle IS Started, THE ECL Unlocks THE Steering System. THE Vehicle IS Designed SO That IF THE Column Fails TO Unlock When THE Vehicle IS Started and THE Customer Tries TO Drive, THE Fuel Supply Will BE Shut OFF SO That THE Vehicle Cannot Move When THE Vehicle Cannot BE Steered. IF Voltage AT THE Powertrain Control Module IS Low or Interrupted, However, THE Fuel Shut OFF MAY NOT Occur and THE Vehicle CAN BE Accelerated While THE Steering System IS Locked. Also When THE Control System Shows That THE ECL IS Unlocked and THE Vehicle IS Being Driven, THE Lock PIN Location CAN Vary. Depending ON THE Location OF THE Lock Plate Relative TO THE Switch Transition Point, There Could Then BE Contact Between THE Lock Plate and PIN Causing THE Steering TO Lock While Driving .
Consequence IF This Occurs, A Crash Could Occur Without Warning.
Remedy ON Vehicles Equipped With AN Automatic Transmission, THE Dealer Will Disable THE Steering Column Lock BY Removing THE Column Lock Plate. When THE Ignition KEY IS Removed, THE Transmission Shifter Will Lock BUT THE Steering Column Will NOT Lock. ON Vehicles Equipped With A Manual Transmission, THE Dealer Will Reprogram THE Powertrain Control Module, Perform A Dimensional Check OF THE Column Lock And, IF Necessary, Replace THE Lock Plate. THE Steering Column ON These Vehicles Will Continue TO Lock When THE KEY IS Removed. Owner Notification TO Owners OF 1997 Vehicles Equipped With Automatic Transmissions Began ON April 26, 2004. Owners OF 1998 Through 2004 Vehicles (Except 1997-1998 Manual Transmission Vehicles) Will BE Notified Beginning ON August 2, 2004. THE Remaining Owners (1997-1998 Manual Transmission Vehicles) Will BE Notified Later IN 2004, When Parts ARE Available. Owners Should Contact Chevrolet AT 1-800-630-2438.
Notes GM Recall NO. 04006.customers CAN Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).
Exterior Lighting
Recall date 2009-04-07
Recall no. 09e012000
Source NHTSA
Summary Sabersport IS Recalling 16,270 Combination Corner and Bumper Lamp Assemblies OF Various Part Numbers Sold FOR USE AS Aftermarket Equipment FOR Various Passenger Vehicles. These Headlamps Fail TO Conform TO THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment." These Lamps DO NOT Contain THE Required Amber Side Reflectors.
Consequence Decreased Lighting Visibility MAY Result IN A Vehicle Crash.
Remedy Sabersport Will Notify Owners and Offer A Full Refund FOR THE Noncompliant Combination Lamps. THE Safety Recall Began ON MAY 11, 2009. Owners MAY Contact Sabersport AT 1-909-598-7589.
Notes This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Produced BY THE Vehicle Manufacturer.in Order TO Determine IF Your Aftermarket Lamp Assembly IS Affected BY This Noncompliance, Please Review THE List OF Model Numbers Provided TO US BY Sabersport.the List CAN BE Found Under "document Search" Located AT THE Bottom OF Your Screen.owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .
Exterior Lighting:headlights
Recall date 2009-05-11
Recall no. 09e025000
Source NHTSA
Summary Dope, Inc. IS Recalling 42,540 Combination Corner and Bumper Lamp Assemblies OF Various Part Numbers Sold FOR USE AS Aftermarket Equipment FOR Various Passenger Vehicles. These Headlamps Fail TO Conform TO THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment." These Lamps DO NOT Contain THE Required Amber Side Reflectors.
Consequence Decreased Lighting Visibility MAY Result IN A Vehicle Crash.
Remedy Dope, Inc. Will Notify Owners and Offer A Full Refund FOR THE Noncompliant Combination Lamps. THE Safety Recall Began ON July 28, 2009. Owners MAY Contact Dope, Inc. AT 1-626-272-1798.
Notes This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Produced BY THE Vehicle Manufacturer.in Order TO Determine IF Your Aftermarket Lamp Assembly IS Affected BY This Noncompliance, Please Review THE List OF Model Numbers Provided TO US BY Dope, Inc.the List CAN BE Found Under "document Search" Located AT THE Bottom OF Your Screen. Owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .

2003 Chevrolet Corvette Warranty

Basic
Original warranty 36 months / 36,000 miles
Estimated remaining Expired
Powertrain
Original warranty 36 months / 36,000 miles
Estimated remaining Expired
Rust
Original warranty 72 months / 100,000 miles
Estimated remaining Expired

2003 Chevrolet Corvette Insurance

Insurance for a 2003 Chevrolet Corvette is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.

How Does the 2003 Chevrolet Corvette Compare to Other Coupe?

The 2003 Chevrolet Corvette competes with sports cars like the Porsche 911, BMW Z4, and Nissan 350Z. In terms of performance, the Corvette offers comparable or superior horsepower to many of its rivals, especially the Z06. Features are generally similar, although the Porsche 911 offered a more luxurious interior and advanced options. Reliability is a mixed bag; the Corvette is generally more reliable than some European sports cars, but less so than the Nissan 350Z. Price is a significant advantage for the Corvette, as it offered similar performance to higher-priced rivals at a more accessible price point.

Compared to the Porsche 911, the Corvette provides better value for performance, but lacks the 911's prestige and refined handling. Against the BMW Z4, the Corvette offers superior power and a more comfortable ride, but the Z4 has a more nimble feel. The Nissan 350Z is a closer competitor in terms of price and performance, but the Corvette offers a more powerful engine and a more spacious interior.

If reliability and affordability are paramount, the Nissan 350Z is a solid alternative. For a more luxurious and refined experience, the Porsche 911 is a good choice, albeit at a higher cost. However, for a balance of performance, comfort, and value, the 2003 Chevrolet Corvette remains a compelling option.

Ranks #233 Coupe

1 2023 Toyota GR Supra (0.0★)
2 2023 Lexus RC F (0.0★)
3 2011 Honda CR-Z (5.0★)
4 2023 Subaru BRZ (5.0★)
5 2011 Mazda RX-8 (4.0★)
6 2024 BMW 4 Series (0.0★)
7 2022 Mercedes-Benz C-Class (4.0★)
8 2014 Ford Mustang (5.0★)
9 2023 Audi A5 Cabriolet (0.0★)
10 2023 Nissan GT-R (0.0★)
11 2015 Hyundai Veloster (0.0★)
12 2008 Chevrolet Corvette (5.0★)
233 2003 Chevrolet Corvette (5.0★)

Final Verdict: Is the 2003 Chevrolet Corvette a Good Coupe?

The 2003 Chevrolet Corvette is ideal for sports car enthusiasts seeking a blend of performance, comfort, and value. It's worth buying as a used car, particularly if you're looking for a powerful and stylish sports car without breaking the bank. The Z06 trim offers enhanced performance for those prioritizing speed and handling. Ensure a thorough inspection before purchasing, paying close attention to the harmonic balancer, column lock, and overall maintenance history. A well-maintained example can provide years of enjoyment. It's a great option for those wanting a classic American sports car experience at an affordable price.

2003 Chevrolet Corvette Owner Reviews

4.66
Consumer Rating, Based on 63 Consumer Reviews
Overall rating
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Flightguy747 on September 7, 2020

Absolute joy to own.

A pleasure to drive this car. Not only does it look and feel great, it's performance exceeded my expectations. The fuel mileage is pretty darn good too!

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Steve 07 on August 23, 2020

A "very fun" car.

Excellent summer car. Very sharp appearance inside and out. GREAT Bose stereo. Stick shift is smooth. Only drawback is no Bluetooth so it is difficult to drive, shift and talk on the phone simultaneously.

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Racer 1811 on July 20, 2020

Great car, just received it.

Its a Corvette, enough said. Just a great driving, handling car, and the 50th anniversary turns heads. No more to say just a fun quality car.

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Beaverson on April 12, 2020

Surprisingly reliable

Purchased with a worn out wheel bearing, broken shock and engine light. Drove 2400 miles from Arizona to Pennsylvania without skipping a beat! I was prepared to tow it back but we did 90+ mph on the way home getting 23 mpg. May be the best car I have purchased? Fixed it up and beat it daily with no hiccups!

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espy on November 18, 2019

a hands down an awesome performance car

over the past 40 years i've had 12 vettes 4 C3's and 7 C4's. i truly enjoyed every one of them. recently i picked up a 2 owner red ragtop from a 70 year old gentleman. the top and all weatherstripping had recently been replaced which gave the car a fresh look not to mention beautiful paint and a near perfect interior. upon my test drive i could not believe the ride quality,comfort and performance that it delivered. i am retired, live in southwest florida and enjoy driving it every day. when i'm not driving it i apply a coat of maquires paste wax on it whether it needs it or not (it doesn't) . I highly recommend the C5 to any one who is in the market for a reasonably priced, fuel sipping performance car. worth every penny and will fulfill your need for speed

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sportsfan on November 2, 2019

Best car I drove for a c5

The driving is more than perfect. Best C5 I drove I have driven many and this is one of the best. Interior is nice. Has a screen.

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Cant go slow on August 28, 2019

the most affordable fun car I have owned

This might be an older model, and obviously slower than current, BUT for under 15K, I get my smiles on every time I drive it. There is plenty of power , speed and handling for the local roads.

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Larryc01 on August 21, 2019

Our first Corvette purchase and we loved it

Our first Corvette purchase and we loved it We are enjoying this car thank you Joe at Rick Hendrick Chevrolet Would definitely recommend this dealership to our friends

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RickK on July 23, 2019

Fun car

Live this C5 Corvette!! Fantastic mileage and fun to drive!! Joined a local Corvette club, and so much fun and things to do with a car club group? Always starts and runs great since fuel injected!

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Hollywood on February 7, 2019

Most bang for the buck of Any performance Sports !

Excellent MPG. Looks, and performance vehicle. A low maintenance cost, Convertible, Sports car, with a lot of bang for the money. Chevrolet, hitit out of the park with the C-5 Corvette.

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Eugene S

Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.