No Reserve: 1978 Chevrolet Corvette

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Finding a tidy and affordable driver-grade classic can be challenging, and the battle can see some enthusiasts throw their hands in the air and wave the white flag. However, sometimes one will appear on the market that ticks the boxes and generate interest among potential buyers. Such is the case with this 1978 Chevrolet Corvette. It has no pressing needs, meaning its new owner can immediately enjoy the classic motoring experience in style and comfort. The ‘Vette is listed here on eBay in Miami Beach, Florida. Bidding sits at a modest $4,050 in a No Reserve auction.

The C3 Corvette underwent evolutionary styling changes throughout its fifteen-year production life. Some of those changes were driven by the need to comply with stricter safety regulations, while others were for practicality. One significant change for the 1978 model year was a new rear window that gave the Corvette a refreshed “fastback” appearance. It improved rear visibility and aerodynamic efficiency and made a significant difference to the car in side profile. Chevrolet offered buyers twelve single and two-tone paint combinations, and this is 1-of-1,243 ordered in Corvette Yellow. That represents an acceptance rate of 2.7%, making it the rarest shade in 1978. The car presents well for its age, with no cosmetic issues that would cause the winning bidder shame if they rocked up to a Car’s & Coffee. The paint shines nicely, and the panels are free from visual flaws or problems. The glass is spotless, as are the alloy wheels. The seller says the frame is sound. If this ‘Vette has spent its life in its current location, that is hardly surprising.

If an enthusiast is hunting for a driver-grade car with a comfortable interior, this Corvette delivers. Only around 5% of buyers selected Dark Brown leather, and this is one of those cars. When you consider the paint shade and interior trim, that makes this ‘Vette relatively rare. The interior condition is extremely tidy, with no significant wear or damage. The seats show none of the typical outer edge wear, and the carpet is excellent. It features a newer CD stereo in the spot usually occupied by the factory unit, while other creature comforts include air conditioning, power windows, and a tilt/telescopic wheel.

The 1978 Corvette was not the fire-breathing beast it had been at the start of the decade, with this car’s numbers-matching L48 version of the 350ci small-block producing 180hp. The comfort theme continues with the three-speed Hydramatic transmission and power assistance for the steering and brakes. A ¼-mile ET of 16.7 seconds means that many modern four-cylinder vehicles could show it a clean set of heels, although none would possess the sheer presence or V8 rumble emanating from this classic. It recently received a new alternator, a new aluminum radiator, and a new master cylinder. The car is in sound mechanical health, with no issues or problems. The winning bidder could potentially fly in for a relaxing Florida vacation before driving home behind the wheel of their new toy.

There was a time in the not-too-distant past when later C3 Corvettes failed to ignite passion or interest, but times have changed. A new generation of enthusiasts wishes to jump onto the classic car train, and these Corvettes offer an affordable entry point. How long that situation will continue is unclear because values are increasing steadily. It has already attracted nineteen bids, and I think it might climb beyond $10,000 before the hammer falls. However, there are no certainties in the classic world, and with this being a No Reserve auction, it could head to a new home for a lower figure. Are those thoughts enough to tempt you to pursue it further?

Auctions Ending Soon


  1. Old School 383

    I don’t like how the rear looks jacked up air shocks? Other than that a decent ride that may go for under 10k.

    Like 6
    • The Other Chris

      Good call, that looks terrible. I would expect that to be an easy fix though. If this one weren’t so far away, I’d be interested.

      Like 3
  2. Craig Baloga Craig Baloga

    This Vette more than likely has a re-pop new leaf spring….you see quite a few older Vettes with this issue.

    Adam, this is from our infamous dealer in Florida….let the comments begin!


    Like 1
    • Denny Tuttle

      Where at in Florida ,I live in Florida

      Like 0
  3. Rixx56Member

    I feel this could be a good purchase, then do
    performance upgrades without significantly
    hurting the value… Maybe even worth more
    if correctly done. Not a big fan of yellow, but I
    could live with the attention it’ll receive once
    completed (to my taste).
    Fat meats, a spoiler and more hp…
    Of course; pre-buy inspection a must!
    Now… if can still get in and out!?

    Like 0
    • Grant

      Performance upgrades? Why? Plant it on a scenic road and cruise in comfort and return the smiling peoples waves as you drive by them. Isn’t that much of the pleasure of driving a classic? Just today a Model A drove past me. I happily smiled and waved and the happy looking driver did the same. That four cylinder under his hood didn’t hurt his enjoyment on this wonderful spring day. Squealing tires are overrated and immature.

      Like 2
      • Smokey Smokerson

        I wouldn’t be looking for tire smoking performance, but u also wouldn’t want to have a minivan blowing my doors off at a stoplight either. Is 250 HP too much to ask for?

        Like 0
  4. ACZ

    It says most gauges work. Which one doesn’t? The odometer?

    Like 4
  5. John Robert Tiley

    Wrong seats… those are from a later model vette… Wonder what else isn’t factory?

    Like 1
  6. Frank Sumatra

    Hard to tell from the pictures but, I don’t like the door gaps on both sides, the rear bumper cover bears investigating, maybe rattle-can blue on the engine and two loose bolts sitting on the driver’s side hood release area. Hire an expert appraiser before handing over a check. Just my opinion- I could be wrong. I wonder when they are going to move the silver SUV that has been in the last 100 images?

    Like 0
  7. PRA4SNW

    SOLD for $8,500.
    Someone got suckered again by this seller who puts Corvettes together like jigsaw puzzles.

    Like 0

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