This 1977 Corvette has been sitting for a number of years, so there are a lot of unknown aspects to the car. However, even if there is little chance of it ever gracing the roads again, it could certainly serve well as a parts car, especially for someone who already has a similar car as a project. Bidding is sitting at a rather modest $1,500 in this No Reserve auction. The Corvette is located in Richmond, Virginia, and is listed for sale here on eBay.

It’s not clear how long the Corvette has been out of action, but I’m guessing that it’s been quite a while. The owner does say that part of that time was spent indoors, but a large part of that time was also spent outside parked on concrete. He also says that the car doesn’t appear to have any significant rust in the chassis or floors, but I can see some pretty worrying signs in some of the photos. The body itself looks fairly reasonable, although there are some issues there, while all of the glass looks good. The car comes with both the glass and the solid panels for the T-Top, and these also look good.

Under the hood are the 350ci V8 and automatic transmission. The state of the engine is completely unknown. The car had the steering column partially dismantled some time back, so the owner has not attempted to crank the Corvette over. There is also a fair accumulation of leaves and debris kicking around, which also suggests that the hood hasn’t been opened terribly often in recent times. I guess that it’s worth considering that it looks like everything is present under the hood, and with power steering, power brakes, and air conditioning, there are potentially plenty of parts there to be harvested.

If the car was at a driveable stage, then the interior could definitely be considered to be serviceable as it is. There are a number of trim issues, but once again, it does appear to be complete. The missing components from the steering column are present, and this could be reassembled. However, given the unknown state of the drive-train and the presence of rust under the Corvette, I am once again looking at what could be salvaged from the car. There are certain items like the gauges, power window switches and mechanisms, the dash pad, and sundry other items that could find a new home without any problems.

I’m really doubtful that this Corvette is a viable restoration project. Apart from the issues that we’ve seen so far, the fact is that there are a multitude of nice ’77 Corvettes to be had in the market for under $15,000. This one will need some pretty major restoration work, and the chances are that this work will cost more than the car will eventually be worth. However, if you start to add together the cost of sourcing the T-Top inserts, the glass, the aluminum wheels, the dash pad, and all of the sundry items that you might need for a restoration project, then you can see some value in this Corvette as a parts car. I think that this will be its ultimate fate, but what do you think?