1986 Chevrolet Corvette Convertible

This 1986 C4 Corvette Convertible is a running project car with the classic L98 350ci Tuned Port Injection engine. It starts, idles, and moves under its own power, but needs mechanical, cosmetic, and interior restoration. Great candidate for a weekend wrench project, restoration, or budget Corvette build.

All 1986 Corvette convertibles were officially designated as Indy 500 Pace Car editions by Chevrolet- this one also has the period-correct Indianapolis 500 - May 25, 1986 door decals.

If youve been looking for an affordable C4 that runs and makes a great foundation for a restoration, this is it.

Mechanical Condition
Starts and runs
5.7L L98 TPI V8 235 HP / 330 lb-ft
missing part of the exhaust system and smoking on the driver side rear
Automatic transmission engages
Steering, suspension, brakes are typical high-mileage C4- functional but aged
Tires are dry-rotted and need to be replaced
148,018 miles
Engine bay appears complete with original components

Exterior Condition
Red paint shows wear, oxidation, and age
Convertible soft top is worn and has tears
Left front headlight assembly is loose
Rear spoiler installed (aftermarket)
Factory wheels present
Period-style Indy 500 decals on doors
Rear plate area shows corrosion signs
Driver-side exhaust exit is missing, passenger-side exhaust is present
This is not a collector-quality car- this is a driver/project needing cosmetics.

Interior Condition
Interior is complete but worn
Upholstery seam tear
Steering wheel heavily worn
Driver door panel/trim missing
Console, dash, and plastics need cleaning

Features & Specs
5.7L / 350ci L98 V8 - Tuned Port Injection
235 horsepower
330 ft-lbs torque
Convertible top
Power windows
Power locks
Power seats
Pop-up headlights
Factory Corvette alloy wheels
Rear spoiler
Factory GM Pace Cardesignated model year

Paperwork
Original owner's manual
Clean Michigan registration
Historical plate eligibility
VIN: 1G1YY6784G5904546

Please Note: This is a pre-owned vehicle, and the photos show the actual car for sale. We have made every effort to accurately describe and photograph any visible flaws or signs of wear. However, minor imperfections may have been overlooked or not fully captured in the listing. If you have any questions or need additional information, feel free to contact us.