“Cross-Fire injection adds to the Corvette performance equation.”
1982 was the final year for the “shark” Corvette but the first year for the L82 Cross-Fire 5.7 liter/350 ci V8—a throttle body fuel-injected design that put out a respectable for the day 200 bhp and 285 lb-ft of torque. The downside was that it was only available with a four-speed automatic transmission; a manual transmission would not return until the middle of the 1984 model year. Top speed for the 1982 Corvette was 125 mph, and Road & Track managed a 0-60 time of 7.9 seconds. Estimated fuel economy was 15 city/26 highway by the standards of the day—not bad for a fairly large V8 with primitive engine controls.
Standard exterior and mechanical equipment in the $18,290 base Corvette (about $45,100 in today’s dollars) included a Delco Freedom II battery, power steering, power disc brakes, and P225/70R15 tires on 15-inch by 8-inch steel rally wheels. Inside, air conditioning, power windows, tilt-telescopic steering wheel, quartz analog clock, and an AM/FM stereo radio were all included.
Optional exterior and mechanical equipment included power sport mirrors ($125), power door locks ($155), cruise control ($165), electric rear window defogger ($129), gymkhana suspension (only $61 for specially tuned shock absorbers, higher-rate rear spring, and a rear stabilizer bar), two-tone paint ($428), aluminum wheels ($458), and P255/60R15 Goodyear Eagle GT tires ($543). Optional interior equipment included a six-way power driver’s seat ($197) and an AM/FM stereo radio with a cassette player ($423).
Options that date this car include the stereo radio with cassette and Citizens Band ($755) and the stereo radio with 8-track player ($755). Corvette buyers piled on the options: the average buyer ordered $2,195 worth, raising the sticker to $20,485 (about $50,500 in 2014 dollars).
There is strong club support for the 1982 Corvette, as there is for all Corvettes. According to Hagerty’s valuation tools, all the money for a non-Collector Edition 1982 Corvette in #1 condition is $29,000, with a more normal number #3 condition car going for $13,900. 1982 Corvettes often show up in the Hemming’s Motor News classifieds—as I write this in September 2014, there’s a black car with a red leather interior with 39,000 miles available for $18,000.
Make mine one of the relatively rare (and absolutely gorgeous) Silver Green Metallic cars, with the Silver Green interior.