Engine and Transmission:
The 1953 Corvette was Chevrolet's first foray into modern sports cars, and it was not well-received. Just 300 Corvettes were made in that first model year, of which about 225 remain in existence today.
All 1953 Corvettes were painted Polo White, with a black convertible top and red interior. The only options available in this year were a signal-seeking AM radio and a heater. Both options were included on every 1953 Corvette.
The prototype EX-122 Corvette was unveiled at the GM Motorama show in New York on January 17, 1953. Production began in the old truck factory in Flint, Michigan 6 months later.
The Corvette was not changed for the 1954 model year, though the car could be ordered in blue, red, or black in addition to Polo White. In 1955 a V8 option and a 3-speed manual transmission were available in the same body.
An excellent condition 1953 Corvette sells today for $125,000 to $275,000.