327 V8 Project: 1966 Chevrolet Corvette

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The second generation of the Chevy Corvette debuted in 1963 and would become the marque’s shortest at only five model years. The 1966 edition would set a sales record only to be beaten just two years later when the “Mako Shark” version of the ‘Vette would emerge. This ’66 convertible runs but “needs minor work” according to the seller, but it looks like a little more to me. Located in Colts Neck, New Jersey, this Chevy is available here on craigslist for the firm price of $30,000. Hats off to T.J. for another vintage Bow-Tie tip!

Chevrolet changed the Corvette very little in 1966 except for replacing the 396 cubic inch V8 with two 427s as the top available powerplants. The 300 hp version of the 327 was standard equipment, and most ‘Vettes were sold with it when hooked to a 4-speed manual transmission. Out of 27,720 Corvettes produced that year, 17,762 were convertibles like the seller’s runner. Little information is shared about the seller’s car, such as how long he/she has owned it. The odometer reading is 75,000 miles, which more than likely are original.

Since we’re told this is a good running car, you could drive it the way it is. But why would you buy a Corvette to leave it in beater condition? This one certainly could use a new coat of paint, while the interior may be fine except for the carpeting and weatherstripping. Considering the asking price, I would have thought the seller would expand upon the comment about needing minor work.

Auctions Ending Soon

Comments

  1. bobhess bobhessMember

    Six pictures, no narrative, crappy looking engine compartment that looks like it’s in a flood car for 30K. Gets the end of the month “you’ve got to be kidding” award.

    Like 13
    • gbvette62

      $30K strikes me as pretty fair for that car.

      We had a 64 coupe at Corvette Carlisle last week, that a friend of mine had just picked up. The frame was restored, and it had a trim tag, VIN Tag, title and a good birdcage. Those were the positives. Some of the negatives included there was no engine, no trans, no nose, no rear quarters, no tail lamp panel, no glass, no bumpers, no seats, no etc, etc, etc. We had people all over it and it sold with in a half hour of when he showed up with it, and for the mid $20’s full asking price.

      People may not like what’s happening to Corvette prices, but it’s gone already because it was priced realistically.

      Like 10
      • JIM

        Great story of the market. I have a pretty good picture in my head of it. Were you able to take any pics of it? Love to see one if so. Thanks.

        Like 0
      • Bareman

        The market varies dramatically based on location (east coast/ west coast, little town, etc) and “who is in the room “.
        A friend bought a pristine 66 coupe /327/4speed/ fuel injection for 29k in the last year and that’s not uncommon based on what I have found in my searches locally and nationally (everything from Craigslist to auctions).

        Then, people will buy major projects such as this one. Or the one purchased at Carlisle. It’s easy to over pay and most people do.

        Like 0
  2. gaspumpchas

    In some one of the magazines, I saw results of some of the auctions. These have slipped a little, IMHO; there were several under 100k. 30k?? no idea how the frame or birdcage. Bobhess , you are correct about possibility of flood damage. Listing removed.
    Cheers
    GPC

    Like 0
  3. PRA4SNW

    Gone, and not too surprised. C2 Corvettes in this condition are going to be snapped at quickly at 30K.

    Like 1
  4. Paul G

    No wonder it’s sold, for 30k it’s a bargain. Running driving mid year you won’t find cheaper than that.

    Like 0
  5. George Mattar

    C2 prices are strong even for projects. Dating myself, but in 1978, I could have owned a driver quality 67 L79 with factory N14 and power steering for $6,500. Boy was dumb. As ugly as new C8s are, prices for c2 and c3 cars will climb.

    Like 1
  6. Chuck

    I bought this car for 25k. It has flares front and back… the front are done poorly and will need some fiberglass work to remove. Has good condition convertible top and hard top. Title says “Duplicate” from 1985
    ( not sure what to make of that?) Was last inspected 1993. I am still going through it but so far it seeems ok. I want a driver and I thought this was a good entry level mid year/price

    Like 0
  7. Chuck G

    I bought the car. 25k. It’s alll there… two tops, NOM, decent interior minus the shag carpet. Frame was in great shape. Has flares back and front. Don’t not dine very well

    Like 0
    • PRA4SNW

      Chuck G: Congrats on the purchase. There certainly is enough there to get you up and running in no time.
      LOL, my ’70 had shag in it when I bought it. Corvette carpet sets are cheap and easy to install – not many things to remove.

      Like 1

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