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Long Ownership: 1968 Chevrolet Corvette Coupe L79

The 1968 Corvette was the first year of the C3, introduced as “All Different, All Over”, which was an irony. The earlier C2 was very expensive to develop, and in light of higher gas prices and stiff insurance premiums for “sports cars” in the 1960s, Chevrolet had every incentive to keep C3 development costs as skinny as possible. Consequently, the objective was a simple update to the exterior, while reusing the C2’s mechanicals. Stylist Bill Mitchell, who was fond of deep-sea fishing, suggested to Larry Shinoda that the image of a shark should inspire the shape of the new Corvette. The car was actually completed before 1968, but with sales slumping as the mid-’60s continued, and the C3’s annoying tendency to lift under acceleration, Chevrolet made the decision to forestall the new car’s debut. That allowed time to fix the suspension, and hopefully build anticipation to goose sales. The gamble worked: customers proved keen to accept the new car despite the media’s many criticisms about fit and finish, handling, and the cabin’s cramped quarters. Production was over 28,500, a record for the model. Here on eBay is a 1968 Corvette with the desirable L79 engine option, at an asking price of $28,500. Located in Cornelius, North Carolina, this car runs and drives. The seller has owned it since 1980.

The 1968 ‘Vette came with several engine options, including two 327ci V8s. This car has a matching numbers L79 327 with an 11.0:1 compression ratio, domed pistons, hydraulic cam, and 350 hp. That cam became so popular that it’s sometimes referred to as its part number, 151. This car has a four-speed manual transmission, and top speed is about 120 mph. The odometer reads 40,398.

The interior is in reasonable condition. Plenty of documents are available, showing maintenance receipts. The car has a pop-out rear window, T-tops, and air conditioning. No word on whether the AC works.

A few items do need attention. The front trim and grille could be cleaned up. The panel that lifts to reveal the wipers is stuck ajar. The seller says the paint needs attention as well, though he also indicates there’s no rust and the car is accident-free. Whereas the C2 series was known as the Sting Ray, and the 1969 to 1976 cars were badged “Stingray”, the ’68 had no badge. Some Corvette fans prefer the ’68, being the first year of the new body style. Later years saw the fender vents become fussier, and the ’73 lost one chrome bumper while the ’74 lost both. This example is quite clean and the price isn’t completely out of line, but I’d want to riffle through those maintenance receipts and give her a drive before getting serious. What do you think?

Comments

  1. Avatar photo Robert West

    I had the 151 cam in my 1972 Camaro. It has good duration without any loss of low end. The 114 LSA made it a bit soft though. It would have been great with a 108-110 LSA. I bet you this car is fun with that 4 speed.

    Like 7
    • Avatar photo Stan

      Got that right ✅️ Robert. 360lb/ft too. Lots of twist, and a snappy ring and pinion gear ⚙️ from the factory, great road cars.

      Like 5
  2. Avatar photo George Mattar

    L79 one of the best ever performing engines ever. Reliable, powerful and easy to work on in contrast to today’s junk computers on wheels. Very fair price for this car.

    Like 4
  3. Avatar photo Craig Baloga

    IMHO, one could do some light restoration, leave the paint, and enjoy the hell out of it!

    👍🤓

    Like 10
    • Avatar photo Stan

      💯, great color too 🙌

      Like 2
  4. Avatar photo PRA4SNW

    The wiper door being raised up might indicate a vacuum leak. The default for the door and headlights are to stay open if there is a vacuum problem.

    Looks like a tidy car and at least the seller isn’t asking for a ton on $$.

    Like 3
  5. Avatar photo GIJOOOE

    That is one helluva nice Corvette for a helluva good price. L79, 4 speed and good condition to boot. Wish I was in the market for a C3, I’d snag this up in a heartbeat. It just goes to show that there are still some nice classic cars out there that aren’t ridiculously overpriced if you look hard enough. Whoever buys this vette is going to be smiling like an idiot every time they drive it.

    Like 0

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