Is This the World’s Most Expensive C5?

The last C5 Corvette may be historically significant, but is it worth a million dollars?

C5 Corvettes are an absolute bargain right now, offering a level of performance more or less unheard of at its price point. While the Z06 and fixed-roof coupe variants are the most desirable, even the targa and convertible models are a great buy.

This particular C5 is anything but a bargain, though. Currently the most expensive Corvette on Hemmings, it’s listed at a jaw-dropping $1,000,000. That’s no typo, either.

At first glance, this LeMans Blue over grey 2004 Corvette coupe is attractive, but overall pretty unremarkable. It’s equipped with an automatic transmission, and wears the Commemorative Edition polished five-spoke wheels as part of the 1SC Preferred Equipment Group.

The original owner also opted for delivery at the National Corvette Museum in Bowling Green, Kentucky. In fact, that’s where it currently resides, on loan to the museum. It must not have traveled far, since the odometer wears a scant 29 miles. With the museum just a quarter of a mile away from the factory, it’s entirely possible that this Corvette has never left Bowling Green.

This Corvette lives a pampered life as a museum piece. That may sound like a waste of a perfectly good Corvette to some, but in fact, it’s not as sad a story as it sounds.

This otherwise average-appearing C5 has the distinction of being the very last one produced. Even more interestingly, it’s never been titled, and is still on MSO, the Manufacturer’s Certificate of Origin that becomes the title once the car is sold and registered.

That means that the next owner of this special C5 will effectively become the car’s first owner, should they choose to register it. That’s is an incredibly rare privilege for a C5 fanatic, but is it worth a million dollars? That’s a choice best left for the next owner.

.