Rare is a word tossed around the automotive community like water. It seems that everyone has co-opted it for whatever necessary purpose. Is a particular model rare because the automaker only made a few units, or rare because few examples remain? It’s an interesting question, though it’s not one that needs to be applied to one 1967 Chevrolet Corvette. Stored in a Maryland basement, this Corvette C2 has found a new home in California.
Let’s break down what makes this Corvette special. The exhaust running underneath the doors makes it one of 4,209 out of the 22,940 units produced that year. The radio delete option ups the rare factor, making it one of 740 Corvettes built for the 1967 model year. The bolt-on aluminum wheels make it one of just 720 Corvettes built for that year. Meanwhile, the 427-cubic-inch V8 engine under the hood, which – at the time – was the largest engine available for street-legal Corvettes, produces 435 horsepower.
The story of this particular model is even more interesting still. The model was initially bought by Larry Shank. Shortly after taking delivery, a 1962 Chevrolet Impala Super Sport challenged Shank to a race. While Shank initially declined to race, the Chevy Impala driver didn’t give up, and the two eventually started to race. Shank pulled away, but as he slowed to enter his driveway, the Impala driver could not stop and struck the Corvette’s rear end. The car was never to be driven again.
At first, Shank stored it in his garage before towing it along with his family when they moved. There, he stored it in the basement, as the home had garage doors on the bottom level. After being rolled into the basement, the Corvette sat there some time. Shank died in 2014, and his family decided it was time to sell the sports car. A man named Kelly from California bought the car, though he was coy about the purpose of the purchase.
Meanwhile, John Evans, the owner of Jack Evans Chevrolet in Front Royal, Virginia, whose father was a sales manager at Hoffman Chevrolet where Shank ordered the 1967 Chevrolet Corvette, said the car was likely worth $100,000 in its current condition and could have a value of up to $400,000 once cleaned up and fixed.
Source: Herald-Mail Media