The indicated phrase references the estimated market worth of a specific vehicle, a 1982 Chevrolet Corvette, as determined by a widely recognized pricing guide. These guides compile data from various sources, including vehicle sales, auction results, and dealer inventories, to generate a price range that reflects the vehicle’s condition, mileage, and optional features. This estimate serves as a benchmark for both buyers and sellers during a transaction. For instance, a well-maintained, low-mileage example would likely command a higher valuation than one exhibiting significant wear or high mileage.
Understanding the valuation is crucial for several reasons. It provides a baseline for negotiations, preventing overpayment by buyers and under-selling by sellers. It also aids in securing financing or insurance, as lenders and insurers often rely on these guides to assess the vehicle’s worth. Furthermore, the figures offer insight into the classic car market, reflecting the model’s collectibility and historical significance. The 1982 Corvette holds a particular place in automotive history, representing the final year of the C3 generation and featuring a unique cross-fire injection system. These factors can influence its market value.
