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No Reserve: 1972 Chevrolet Corvette Convertible 454/4-Speed

Many purists believe that 1972 marked the final year when Chevrolet produced the “real” C3 Corvette. Engine power was declining, and buyers were set to wave goodbye to the elegant chrome front bumper the following year. The changes would add weight and blunt performance, and the big-block V8 was only two years away from being put out to pasture. That is why the intense bidding action on this 1972 Convertible is unsurprising. It has led a sheltered life, spending around two decades hidden away in a barn. It ticks the boxes for those seeking an original big-block ‘Vette, and its most pressing need is a new home. The seller has listed the Convertible here on eBay in Clermont, Florida. Bidding has been pushed to $28,400 in a No Reserve auction.

The seller is this Corvette’s second owner, having purchased it from the original owner’s estate earlier this year. The car has a fascinating story, with the original owner using it as a weekend driver. It accumulated 119,000 miles in his care and was always garage-kept. Declining health forced him to park the car in around 2000, and it didn’t move again until the seller liberated it earlier this year. The Corvette is none the worse for the experience, with the seller stating the birdcage is solid and the underside shots revealing nothing beyond surface corrosion on the frame. That is half the battle, suggesting this classic is structurally sound. Chevrolet offered Corvette buyers a choice of ten paint shades in 1972, with this car’s first owner joining the 2,477 other buyers who selected Mille Miglia Red. The paint retains a healthy shine with no significant flaws or defects. The Black hood stripe exhibits some deterioration, but this “no-hit” car’s fiberglass looks excellent. The trim is acceptable for a driver-grade classic, and the Black soft-top is excellent.

I was initially going to say that this Corvette’s interior is a surprise packet, but with the exterior exhibiting the hallmarks of a cherished classic, the lack of wear and physical damage shows consistency across the entire vehicle. The Black upholstered surfaces are excellent, and the dash is spotless. The carpet is prone to fading on earlier C3s, but this gem has avoided that fate. There is no cracked or broken plastic, and the only jarring note is the Sony CD player. I have no issue with the idea of updating the stereo in a classic car, but the previous owner cut the original radio fascia to achieve this. It gives the installation a slightly unfinished look. Several companies manufacture adaptors that would improve the appearance, and since they retail for under $50, it is a cheap way to add the finishing touch to the interior.

This Corvette doesn’t score factory options like air conditioning or power windows, but one glance at its specifications confirms the first owner focused heavily on outright performance. He splashed an additional $292.90 above the sticker price to slot the LS5 version of the 454ci V8 under the hood. He teamed the big-block with a four-speed manual transmission, maximizing its acceleration potential. The 454 produces 270hp, and while that is only marginally more than the 255hp churned out by the significantly more expensive LT1 small-block, the torque tells the story. The LT1 delivers 280 ft/lbs, but this Corvette’s V8 places 390 ft/lbs at the driver’s disposal. This survivor had sat for over two decades when located by the seller but hadn’t paid a high price for its hibernation. It is a numbers-matching classic that sprang to life instantly once treated to new fluids and a fresh battery. The seller includes an embedded video in their listing, and the engine sounds perfect. The car runs and drives well, although the seller suggests replacing the ancient tires before attempting serious journeys.

Considering its history, condition, and specifications, I am unsurprised that this 1972 Corvette Convertible has attracted thirty-seven bids. It ticks many of the right boxes for someone seeking a driver-grade C3 powered by a big-block V8. I expect it to top $30,000 before the auction concludes, and the intense action supports that belief. If you have been searching for a C3 of this caliber, would you consider dropping a bid on this survivor?

Comments

  1. bobhess bobhess Member

    There is almost nothing that gets you like a bright red C3. Beautiful car. Just needs to adjust the rear shocks or spring to factory height.

    Like 8
    • Mark in TN

      How do you adjust the rear shocks and springs to factory height. I think the springs could be sagging from age. Shocks should be replaced at the same time. I could be wrong. Someone correct me if you know something I don’t

      Like 6
      • bobhess bobhess Member

        A lot of folks put gas filled shocks on their cars with the idea they will improve handling. That’s true, but putting the right length shock on is important. The geometry of the Corvette rear suspension was designed for optimum handling and doesn’t leave much room for tinkering with the factory settings. If it was a rear spring problem you could disconnect the shocks and see where the rear settled. With 2 people in the car it should be dead level measured along the bottom of the car between the wheels.

        Like 4
  2. Richard F Oliveira

    If I had the money no doubt I would pay $30,000 or up to $40,000 or so for this beauty really looks nice my favorite color too

    Like 1
  3. Frog

    Very concerning this car sitting for 20 years in a wet damp climate like Oregon. The fuel tank brakes etc might hold a hidden surprise. It’s also odd the seller doesn’t have a reserve on the car and is selling “as is.” Truth will surface when the rubber meets the road.

    Like 0
  4. 19sixty5 Member

    This looks like a typical used car from 20 years ago… generally decent appearance, could really use a good detail. The HEI conversion negates the factory mechanical tach, and the ignition shielding won’t fit… it’s not with the car apparently, either. All the black paint on the shift pattern escutcheon is gone. The open ashtray lid makes it look a bit ragged. Hopefully the radio opening isn’t hacked to fit the aftermarket stereo, but I’m sure it is. The black painted side vents don’t help with the appearance, but I do like the hood stripe. Overall, not a bad looking car, just needs some love and attention!

    Like 3
  5. Marky Mark

    These C3 big blocks are really getting pricey. Even though the history is known, $30K for a car needing interior cosmetics and 119K miles seems too expensive.

    Like 2
  6. Greg

    Ya 30k for a car with 119k miles may seem high but once it gets a total rebuild of that numbers matching drive train this Vette will be worth 50k easy. Nice if you can get it under 25k

    Like 1
  7. Robb Moret

    HP & torque figures don’t agree with what’s on the air cleaner and the plaque under shifter?

    Like 0
  8. PRA4SNW PRA4SNW Member

    This owner did the same thing that I did when I had my ’70 repainted – had the side gills painted flat black instead of body color.

    I think it looks much better that way.

    Like 0
  9. Neil R Norris

    This would look just fine in my garage …

    Like 1

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