Classic Cars: The Top 5 Most Valuable Corvettes
Classic Cars: The Top 5 Most Valuable Corvettes
1963 Grand Sport
Only five of these vehicles were built before General Motors pulled the plug on the racing program that created it. These cars weighed 1,350 lbs. lighter than a stock Corvette coupe and had a 377 cubic inch aluminum V-8 engine putting out 550 horsepower. They ran with a 4-speed transmission and 4-wheel independent suspension. Because this car is so extremely rare, it is valued between $6 million to $8 million!
1969 Chevrolet Corvette ZL-1
Now valued at $1.4 million, this vehicle had an aluminum engine churning out over 500 horsepower and was considered the most powerful version of the already strong L-88 Corvette. In fact, the ZL-1 was the most powerful production Corvette available until fairly recently.
1967 Chevrolet Corvette L-88
This vehicle, valued at $1 million, is considered by many car enthusiasts to be the best of the second generation Corvettes. Among these so-called “mid-year” Corvettes, the very best were the 20 L-88’s built that year with an engine officially rated at 430 horsepower. It’s real output was actually more than that.
1969 Chevrolet Corvette L-88
1969 was the final year of production for the L-88 option package on the Corvette. 116 of these vehicles were built this year and they were intended for race track duty. Prices can vary a lot depending on the car’s racing history, but the average value is $478,000.
1953 Chevrolet Corvette
This vehicle was the first production Corvette. It had a 150-horsepower 6-cylinder engine and a two speed automatic transition. The car isn’t necessarily considered to be well-built, but only 300 were made and their value is about $300,000.
At Condon Skelly, we understand that your classic car is your pride and joy, and that you want to do everything you can to protect it for years to come. We provide a wide variety of collector vehicle insurance, from original antiques to brand new exotic sports cars, as long as the vehicle is a true collectible. For more information, please contact us today at (866) 291-5694