2003 was the Golden Anniversary for Corvettes, with five decades to point to exhibiting speed, class, and innovation. Chevrolet heralded the occasion by offering customers the 50th Anniversary package (1SC equipment group), featuring “Xirallic crystal” Anniversary Red paint, champagne-colored wheels, numerous badges and embroidered “50th Anniversary” signage, and Magnetic Selective Ride Control.

At a price of $5,000 for the Anniversary package on top of the $50,370 paid for a convertible, a car like this cost a pretty penny indeed. So it is that we achingly showcase this tattered and torn model, found on Insurance Auto Auctions (IAA) and resting in Keaau, Hawaii of all places.

The pictures may paint a gruesome picture, but the reality is that the car still starts and most, if not all, of the underhood essentials are still intact: the alternator, brake booster, intake, and more all appear to be in decent shape.

On the flipside, the negative camber on the left wheel could indicate a bent subframe, which will prove a costly fix for the next owner. A new hood and fender are on the to-fix checklist as well, and they’ll have to be paint-matched for the car to become whole again.

Inside, however, things look a lot better. The Shale color scheme has a mix of grey and beige, and was a marked difference from previous C5s which only came in black. And with this model, it appears the Hawaiian sun was kind enough to not discolor anything.

But it’s time to get down to brass tacks: per the estimate provided by Philadelphia Insurance Companies, it will cost $29,859 to restore the Corvette to its former glory. We won’t pass judgment on anyone who breezes past this wreck, but is there any chance this C5 can make it out okay?