Looking back, it’s hard to imagine that the first generation of the Corvette lasted 10 model years. Of course, it took a while for it to catch on and it was touch and go until 1956. 1962 would be the last of the car’s run before the second generation came along and changed the sports car landscape. This ’62 hardtop/convertible is a project although little is said about it other than that it’s almost all there. Located in Las Vegas, Nevada, this C1 is available here on Facebook Marketplace for $40,000. Thanks for the tip, Rocco J Russo!
By the time the ’62 Corvettes came out, the legendary new ’63 were well on their way to becoming a reality. Changes were mostly minor and some considered the car a “transitional” model. Perhaps most noteworthy was that the Corvette had now migrated from the 283 V8 to the 327 cubic inch motor. While the engine blocks were the same, the older motor was bored and stroked to bring its cylinder dimensions to 4.00 x 3.25 inches. The 327 was well-suited to the optional fuel injection and those cars with it were nicknamed “Fuelies”.
The ’62 Corvettes were the last to have external rear storage until the 1982 “collector’s edition” featuring a hatch window which allowed access to the rear storage compartment area. It was not until 1998 that a trunk comparable to the 1962’s re-appeared. Chevrolet built more than 14,500 Corvettes in 1962, a far cry from the 300 in 1953. And the car sold for $4,038 when new, the equivalent of $35,700 today.
Too bad we don’t know much about the history of this Corvette. The seller tells us this sports car was once black in color, although a lot of old gold is present today. The photos suggest that the car isn’t assembled now, as the front-end clip is pictured separately off the car and finished in primer grey (unless it’s a spare, in which case I’m then all wrong). We don’t know if the engine/transmission are numbers-matching or if the motor is a 327 at all, although it certainly looks like one. Since it’s on an engine stand, we’re assuming it’s been rebuilt and put back together. We’re told this car has an automatic transmission which would suggest the 2-speed Powerglide.
Most of the images provided are of the myriad collection of parts that come with the car, some original and some new in the box. Hagerty says that a top-notch ’62 Corvette can top six-figures and one in Fair condition shouldn’t command more than $30,000. At the seller’s asking price it leaves at $10,000 less to work with to whip this car back into shape.
I would put 1910 Model-T wagon wheels on it before I’d go for these.
Nice to have all those parts available but what’s it going to cost to rebuild the car and get them installed. Like the man said, not much left to work with at what is a pretty high asking price. Think maybe the dreamers are still flying around out there.
Would be a great project for someone doing the work themselves but it a 15k car sorry
Way to much for what it is. You can buy a decent runner for the price
Two words: over priced.
One word: Gasser.
Nice project for a very rich retired guy. This style was not my favorite to work with. More of a transitional year. Pricing is a little out of my range, but perhaps someone will bring back this beautiful ride.
Forty grand for a jigsaw puzzle? You can get an assembled and driving one for that price
Way over priced, 15k tops
The only way for buyers to begin the process of bringing the price down out of the stratosphere for cars like this needing a total rebuild costing thousands more is to stop paying the ridiculous prices they are asking. Make a reasonable offer and if it’s rejected, move on and let the owner continue to look at his pile of parts in perpetuity.
Way cheaper to just go pay 55-65k for a very nice one of these than pay this ridiculous asking price. And that’s even if you do it all yourself.
Sure glad you said it’s a Chevrolet Corvette. Always nice to see specifics.
Given how butchered, er, modified it is, it is best described that way to differentiate it from a Royal Navy Corvette.
TU*D…Pat…can I buy a “R” for $40,000
It is however, a pile of parts seemingly oriented toward an alleged 1962 Corvette. I suspect there may have been some chemical enhancement involved in the thought process involved in the pricing of this “Corvette”. A sober estimate would be as a parts car priced in the $4.5 to $6K range.
Jerry, correctly, perfectly, and more importantly – eloquently stated. Never underestimate the ability of a person to effectively communicate an important message when he or she takes the extra time and effort to eloquently do so.
Once again a $2,000.00 car for sale for 20k wtf. 😡😡this is a basket case people. You would have to put 50k into it to be able to sell it for 35k 🤦♂️🤦♂️🤦♂️🤦♂️
You can ask for any price you want. The trick is to get someone to pay it. At this price, the vette will be for sale for a long time.