The $850,000 Corvette

Discussion in 'American Muscle' started by REMIX, Oct 17, 2005.

  1. REMIX

    REMIX Two Time F1 World Champ
    Silver Subscribed

    On eBay now. So far it has 56 bids.

    The car you thought did not exist is up for auction! This is 1 of 4 1967 Vettes produced and only 2 are actually known of. This is the only one with the option of L-88 WITH the 36 gallon fuel tank. aka ''THE TANKER''. This is the RAREST and unique 1967 produced.

    The L88 is the '' Holy Grail '' of collectible big-block 427 motor was installed in a very limited number of production Corvettes from 1967 through 1969. It is best described as a full-race motor, available to the public for street use, straight from the factory. But its offering on the RPO option list was listed there in disguise. Chevrolet wanted to produce a high-performance Corvette that was second to none. But they also didn?t want the inexperienced horsepower-seeking youth ordering one without realizing the true potential of the L88. Also, it was necessary to have the L88 Corvette conform to various government regulations, insurance companies, as well as Chevrolet's own horsepower policy. Therefore, the publicized rating for the horsepower of the L88; was manipulated by Chevrolet.

    This L88 with 12.5 to 1 compression, hi-lift cam, 850 CFM 4 barrel Holley carb and painted aluminum heads has approx 560 HP.

    The true intent of the L88 was for all-out performance on the racetrack. For example the L88s were delivered without fan shrouds and they did not have chokes. Additionally there was the Radio and Heater delete that was mandatory on the L88.

    The 67 L88 is extremely RARE as there were only 20 of them produced -- which some feel are 20 of the most desirable Corvettes ever built.

    This car has been meticulously restored and is all matching numbers. (see pics). A magnetic particle inspection was performed in March 2004 by one top testing companies in the country to prove the authenticity and document identification numbers on the car's engine block, transmission, and frame of this car.

    Vehicle Id Numbers:
    - Engine Block: T0524IT and 7122777
    - Frame: 7S122777
    - Transmission: 7S122777 (M-22)
    (Reference Photos Below)

    This Corvette took 4 years to restore and no expense was spared. Every part is Original or NOS. The estimsted value of this car exceeds 1.2 million and may fetch as much as 3 million at the Barrette-Jackson Auction.

  2. To remove this ad click here.

  3. wax

    wax Four Time F1 World Champ
    Advising Moderator

    Jul 20, 2003
    Full Name:
    Dirty Harry
  4. mjc123

    mjc123 Formula Junior

    Mar 4, 2004
    CA; TX; MT
    I'd hate to lose that deal by a few hundred bucks!
  5. FarmerDave

    FarmerDave F1 World Champ

    Jul 26, 2004
    Full Name:
  6. wax

    wax Four Time F1 World Champ
    Advising Moderator

    Jul 20, 2003
    Full Name:
    Dirty Harry
    Well, looks like 56th bid held... see if it's time for someone to actually pay the Piper, though.
  7. To remove this ad click here.

  8. Sfumato

    Sfumato F1 Veteran
    Rossa Subscribed

    Nov 1, 2003
    Llanfairpwllgwyngyll, Anglesey, Wales
    Full Name:
    Angus Podgorney
    Ummm, if so, why isn't he selling it @ Barrett Jackson??
  9. shiggins

    shiggins Formula 3

    Nov 20, 2004
    You can loose money at barret jackson if things don't go your way. Apparently a lot of high end collectors try to avoid selling there.
  10. XR4Tim

    XR4Tim Formula 3

    Jun 1, 2005
    Medina, OH
    No reserve and 2 minutes on the auction block can be a very bad thing if the proper buyers aren't present. Barrett-Jackson is a gamble.
  11. Lemke

    Lemke F1 Rookie

    Oct 27, 2004
    Vancouver, WA
    Full Name:
    Whats so special about the fuel tank? Is it supposed to be a tank used in the racecars like the engine or what?
  12. To remove this ad click here.

  13. BigTex

    BigTex Seven Time F1 World Champ
    Rossa Subscribed Owner

    Dec 6, 2002
    Houston, Texas
    Full Name:
    That's pretty unusual bidding, IMO....why would someone top a $425K bid by over $110K????

    And under retractions....$1M retracted, as wrong amount entered????

    I guess I don't know ebay! I do know someone with a L88 'vette though....we used to go for dinner and talk A/C hose assembly details......LOL!
  14. kizdan

    kizdan F1 Veteran

    Dec 31, 2003
    Full Name:
    My question is;
    Why would a 1,500-mile car require a 4-year restoration?
  15. El Wayne

    El Wayne Global Moderator
    Global Moderator Owner

    Aug 1, 2002
    San Marino, CA
    Full Name:
    L. Wayne Ausbrooks
  16. Ryan S.

    Ryan S. Two Time F1 World Champ
    Silver Subscribed

    Mar 20, 2004
    hoses, etc. get old, need to be replaced to make it driveable again...
  17. teak360

    teak360 F1 Veteran
    Silver Subscribed

    Nov 3, 2003
    Boulder, CO
    Full Name:
    I know a guy that can replace hoses in less than four years....
  18. triXXXter

    triXXXter Formula Junior

    Nov 11, 2003
    Ft. Worth TX
    Full Name:
    Steven G. Ogden
    To every man be his own pleasures. I wouldn't pay that kind of money for it, but I know nothing of old corvettes. That money would get me a New AMAZING Pagani Zonda F!

Share This Page