Chevrolet 1995 Corvette Owner's Manual page 222

The spare tire is on a tire carrier tray under the rear end
of your vehicle. To lower the tray position yourself
behind the vehicle facing the front and use the socket
end of the wheel wrench to turn the latch bolt clockwise.
Lower the tray about an inch. Don't loosen the latch bolt
too much, or the tray could fall.
Put the hooked end of the wheel wrench into the slot in
the tray. Insert the wheel wrench a little from the side so
it isn't over the latch bolt. Pull up on the wheel wrench
to lift the tray.
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