A coolant leak may develop from the water pump. The engine may overheat as a result of the coolant loss. A leaking water pump should be replaced.
Problems for specific Chevrolet Corvette years:
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Most reported 1996 Chevrolet Corvette problems
Illumination of the Check Engine Light may be the result of a loose or worn gas cap.
Problems with anti-theft systems using the raised-chip key can prevent the car from starting. The wires in the steering column to the ignition lock cylinder tend to break. The key and ignition lock cylinder should be replaced to correct this condition.
The transmission may develop a harsh 1-2 shift and/or illumination of the Check Engine Light with code P1870 stored. This can be caused by wear of the bore for the TCC isolator and regulator valves in the valve body. This condition does not commonly occur until the transmission reaches normal operating temperature. If the valve body is worn, replacement will be necessary to correct this concern.