There’s a phenomenon in the old-car hobby where when the most desirable copies of a car start taking off, similar less desirable versions increase in price − witness the crazy prices Hemi’Cuda ragtops have achieved, dragging up the prices of the formerly lowly ‘Cuda 340 convertible into something resembling six figures as well as creating a cottage industry of Hemi’Cuda ragtop clones. Considering the prices L88 Corvettes have been hitting as of late, it was only a matter of time before we’d start hearing about some obscene prices for lesser Corvettes like this one on eBay.
A little bit of history is in order: 1967 is generally considered the best of the mid-year Corvettes. Top engine was the new-for-’67 L88 with 12.5:1 compression, a disguised racing big-block that required the best fuel possible and wasn’t available with a radio or heater, and two of the 20 built have scraped past 3 million last year. The the next step down the engine ladder was the L71 motor, a completely streetable 427 that was rated at 435 horsepower and was the only General Motors recipient of multiple carburetion (which also included a 400-horse variant). Chevrolet built 3,754 for 1967, so they’re hardly rare.
But that doesn’t stop some Corvette folks from milking it for all it’s worth − and who could blame ’em? This 1967 Corvette convertible is equipped with the L71 427 and the following options:
- J50 Power Brakes
- N40 Power Steering
- A31 Power Windows
- V69 AM/FM Radio
- N14 Side Exhausts
- K66 Transistor Ignition
- M21 Close-ratio 4-speed manual
- F41 Front/Rear suspension
- FA 3.70 Performance Positraction
- T3 Headlight bulbs
- QB1 Red Stripe Tires
- C07 Auxilary Hardtop
- A01 Soft Ray Tinted Glass
Seller claims this Corvette was given a frame-off in Arizona with every original item being refurbished rather than replaced. That means it has the original engine, drivetrain, transmission, screws, and even the original Protect-O-Plate. It has also been authenticated by Arizona Chapter NCRS judge Terry Dunham to NCRS standards as being original. Sounds like a nice Corvette, right? But with a starting bid at $375,000 with reserve, and a Buy It Now at $825,000, we imagine there are other Corvettes (like an L89) ready to follow in the L88’s coattails before this one.