Lot #

1789

Location

Cape Coral, FL 33914

Seller

Private

48771

5.7L L98 V8

4 Speed Manual

Black

Tan

1G1YY6784G5906894

Opening Bid: $1,000 Time Left:
Questions Place Bid

1986 CHEVROLET CORVETTE CONVERTIBLE – Indianapolis 500 Pace Car Edition

Stunning Black Convertible | Rare Manual Transmission | 48,771 Miles

HIGHLIGHTS

• Official 1986 Indianapolis 500 Pace Car Edition

• 5.7L L98 V8 Engine with Tuned-Port Fuel Injection

• Rare 4-Speed Manual Transmission with 3-Speed Overdrive

• Cold Air Conditioning

• Power Steering & Power 4-Wheel Disc Brakes with Anti-Lock Braking System (ABS)

• Power Windows, Power Locks, & Power Leather Bucket Seats

• Tilt-Telescopic Steering Wheel

• Heavy-Duty Radiator | New Battery

• Just 48,771 Documented Miles

• AM/FM Stereo CD Player

• First Year Corvette Convertible Returned Since 1975

DESCRIPTION

Now available for auction is a very well-kept and increasingly sought-after 1986 Chevrolet Corvette Convertible—an official Indianapolis 500 Pace Car Edition. Finished in classic black with a matching convertible top and tan leather interior, this factory pace car combines performance heritage with collectible pedigree.

Every Corvette convertible built in 1986 was designated a Pace Car Edition to commemorate the model’s role in the Indianapolis 500, and this example stands apart with its rare 4-speed manual transmission paired with a 3-speed overdrive unit—a unique spec that delivers both spirited driving and touring comfort. Under the hood is the revered 5.7L L98 V8, tuned for both performance and reliability.

Additional comfort and convenience features include cold A/C, power leather bucket seats, power windows and locks, tilt-telescopic steering, AM/FM CD player, and a functional digital instrument cluster. Safety is enhanced with the newly introduced anti-lock braking system, while a heavy-duty radiator and brand-new battery contribute to its excellent mechanical condition.

With just 48,771 original miles, this Corvette has clearly been cherished by its prior owners, maintaining its factory-correct presentation and integrity. It also marks a pivotal return to the convertible body style after a decade-long absence, adding to its significance among C4 enthusiasts.

Whether you are a Corvette collector, a fan of Indy 500 memorabilia, or simply looking for an honest, low-mileage classic convertible, this 1986 Corvette represents a rare and desirable find with strong investment potential.

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