427/4-Speed: 1966 Chevrolet Corvette Convertible

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It seems that this 1966 Corvette Convertible might have led a life of adventure. Apparently, it spent some time on the track in the 1960 and ’70s, but it has been sitting in a garage awaiting restoration for many years. The owner has decided that he has too many projects, so he has listed this one for sale here on eBay. The Corvette is located in Myrtle Beach, South Carolina, and while the bidding has reached $24,100, this remains short of the reserve.

It seems that the owner started the restoration on this Nassau Blue Corvette, but someone is going to need to take the bull by the horns to complete the process. He stripped the vehicle completely and media-blasted the frame, and it has been bolted back together for shipping to the buyer. However, that person will need to disassemble the car again because it looks like the frame would benefit from another clean. There is some surface corrosion present, so another media blast would probably be a wise move before treating it with the coating of choice to avoid a repeat performance. The frame itself is rust-free, and the supplied photos seem to confirm the seller’s claim that it has never had any hits. When we look at the body, the news isn’t quite as good. There are numerous flaws visible in the fiberglass, and this is another area of the car that will need to be totally stripped if it is to be restored to a high standard. The original soft-top is present, along with a factory hardtop that has been bead-blasted in preparation for a repaint. The exterior trim isn’t attached, but it all appears to be present and in a restorable state.

When this Corvette was shiny and new, it featured the L72 version of the mighty 427ci big-block. This monster would have been pumping out 425hp that found its way to the Posi rear end via a 4-speed manual transmission. The L72 was about as good as it got in 1966, with this Corvette capable of storming the ¼ mile in 13.5 seconds. Since those days, a lot of water has passed under the bridge, as have many racing miles under the wheels. The 4-speed and the Posi are still present, but the 427 is little more than a bare block with cylinder heads, an intake, an oil pan, and valve covers. The buyer will be facing the prospect of treating the engine to a total rebuild, but the block will need to be inspected first to ensure that it is in good order. However, with that brute of an engine returned to its former glory, this promises to be an entertaining classic when the right pedal is pressed.

The photos of the Blue vinyl interior that the seller supplies aren’t the greatest, but they do show some promise. A new carpet set will need to go on the shopping list, but I would thoroughly clean everything before I added anything else. Most of the upholstered surfaces look pretty respectable, so the interior is one aspect of this restoration that might not consume much money. Everything that should be there is intact, including all of the correct gauges for the big-block, the factory clock, and the AM/FM radio.

When this 1966 Corvette Convertible was new, it would’ve been a brute of a vehicle. All of that power in a reasonably light package would have offered performance levels to satisfy most enthusiasts. There is no reason why it couldn’t relive those glory days with some time, dedication, and an injection of cash. A big-block Corvette like this always seems to be an excellent investment, and if the buyer performs this restoration to a high standard, there is no reason it couldn’t command a six-figure value when the work is complete. I suspect that someone will eventually return it to that state, and I would love to see it when it is done. I think that it would be a wonderful piece of eye candy that would command respect on our roads for years to come.

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  1. DayDreamBeliever DayDreamBeliever

    Anyone brave enough to buy this car had better be very versed in C2 restorations. It needs pretty much everything.

    So many seemingly bizarre things here, including a freshly-painted intake manifold bolted to a very incomplete motor. I’d want to see those intake ports on the heads. And who bead-blasts fiberglass, anyway? I wonder how much of the back glass got textured by over-spray?

    Based on the background Vettes seen in some photos, the seller knows exactly what is there, and what isn’t… Maybe some items found their way to others in the stable?

    Like 6
    • 86_Vette_Convertible

      Have to agree that IMO it was not started restoring the correct way and will take a lot of work and money to get it back on the road.

      Like 1
      • DRV

        Those wheel wells are really hard to bring back.

        Like 0
  2. gaspumpchas

    God bless the ambitious person to take this on. If the frame is rust free why blast it a second time? You would need a ‘vette savvy person to appraise, but then again there’s a lot of money out there. Good luck and happy motoring. Bunch of pieces bolted together in to look like complete car.

    Like 0
  3. RoughDiamond

    I’ve always believed when there are other models in the background of the same model being sold, the worst of the bunch is usually what’s being offered.

    Like 9
  4. Johnmloghry Johnmloghry

    Just watched a show where someone looks at three cars then decides what they want. One couple chose a 66 Corvette stingray matching numbers with the 427/425. It was in very clean condition. Sold for $70k.
    Ergo if you buy this car I would think $30k would be top dollar because it sure looks like you could spend another $40k in restoration costs.
    God bless America

    Like 1
  5. Stu

    Did I get here late? I saw no photos with other Vettes in the background.

    Like 2
    • DayDreamBeliever DayDreamBeliever

      Go the eBay listing and wait for the photos to load down below the description. There are a lot of them….

      Like 0
  6. george. mattar

    40K is a little light on restoration costs. That body needs to come off again. And as mentioned, the wheel wells are a major concern. You are ahead of the game buying a better car. GM built 27,000 plus 66s. Cannot be hard fo find another.

    Like 0
  7. Stan Lundy

    Just thought I would mention, I bought the same corvette in 1967 for 3200 dollars. It was dark blue in color. I was in Michigan and one night I stomped on it and due to some spot snow I spun around twice in about 50 feet. It was a brut, rough riding and got a lot of looks from the police. Sure would like to have it back!!!

    Like 2
  8. Dan H

    I’m smelling some upside-down here.

    Like 1

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