Stalled for 41 Years: 1962 Chevrolet Corvette

Disclosure: This site may receive compensation from some link clicks and purchases.

The first generation of the Chevy Corvette (C1) ended in 1962. It had been in play since the first Corvette was sold in 1953. The cars were little changed in the final C1 year, yet sales would reach a new record at about 14,500 units (all convertibles with the removable hardtop being optional). This one was partially taken apart in 1982, but work stalled and never picked up again. We’re told it’s mostly complete with a lot of parts in the trunk.

Chevrolet introduced the 327 cubic inch V8 in 1962 and that was the only engine available in the Corvette. Variants of the 327 were offered, but we don’t know if the set-up here is anything other than the standard motor. More than half of Corvette buyers checked the box on their purchase order for the hardtop roof, which the one on the seller’s car has helped keep the interior from falling apart after 41 years.

We’re told the powerplant is original to this Corvette, though no photos of the engine compartment are provided to tell us if it’s there. This ‘Vette is said to have a 4-speed manual transmission, but there’s only a hole in the floorboard where the shifter would be, suggesting it’s out of the car. The vehicle could all be there for the re-assembly to take place, but surely something has wandered off.

This Chevy has 75,000 miles on it, which could indicate a mechanical issue leading to the vehicle’s ultimate exile in what appears to be a barn. Located in Roseburg, Oregon, this version of “America’s Sports Car” is available here on Facebook Marketplace for $25,000 OBO. As a bit of trivia, the 1962 Corvette was the last to have exposed headlights until 2005 and the last to have an external trunk until it re-emerged in 1998.

Auctions Ending Soon

Comments

  1. Steve R

    Sold. That didn’t take long. Good deals don’t last.

    Steve R

    Like 5
    • Charles Jenkins

      Steve R. I’m from Oregon, and humidity is easily 100 percent during the winter (all winter) Nothing made of metal lasts very long unattended for very long. If you think that this is good buy, more power to ya. I don’t care to argue a moot point, so with that I shall bid you ado.

      Like 1
      • Steve R

        I wouldn’t buy it, I’m not interested in old Corvettes. All I need to know is someone saw value in it and bought it within 24 hours.

        Steve R

        Like 2
  2. Al camino

    Let meeee take it apart!

    Like 2
  3. Charles Jenkins

    If that piece of crap sold for $25,000, it only goes to prove that PT Barnum was right, there is a sucker born every minute. Don’t get me wrong, I am of the opinion that Corvettes are one of the best buys in automotive history, and I have owned one it one form or another for nearly 60 years, but that thing is worth maybe 7 or 8 K, and ladies and gentlemen, that is being generous.

    Like 6
    • James Anthony

      hat to disagree Charles but that was a fair price for a 62 Vett

      Like 3
      • Charles Jenkins

        Surely you jest! The chances that the frame is not trash is about one in fifty, and even if it’s not history, that thing is easily 60 K from even being a decent driver. Check out Hagerty or Barrett Jackson and see what 85 K will fetch ya. I guarantee you it’s not this junker plus 60 K.

        Like 3
      • Steve R

        Charles, it’s in Oregon, not Ohio and has been parked inside a garage in an area where humidity typically isn’t a problem unless the drier isn’t vented to the outside.

        The car sold in less than 24 hours, someone willing to put out actual money came to a different conclusion.

        Steve R

        Like 4
  4. Charles Jenkins

    If that piece of crap sold for anything even approaching $25,000, it only proves that PT Barnum was right, there is a sucker born every minute. Don’t get me wrong, I am of the opinion that Corvettes are, and always have been, absolutely the best buy in the high performance automotive world. I have owned one in some form or another for nearly 60 years, but let’s get real, shall we. That thing is worth maybe 6 or 7 K, and that ladies and gentlemen, is being generous.

    Like 1
  5. Jack Quantrill

    How do people stumble upon these things?

    Like 0
    • Big C

      The population is aging. The old car guy fella’s know what these cars are worth, fixed up, and are always “one project” away from getting to it. Then? They’re gone, and the fam finds grandpa’s ripped, rusted, and/or parted out classic sitting in the garage. A quick look at Hemmings, or the auction houses and here we are.

      Like 4
  6. Billy K

    This must be the rarest corvette ever
    3 valve covers. Must be a 12 cylinder.

    Like 3
  7. Nomader 55

    Me thinks someone paid the price so they could fumble through the trunk !!!

    Like 0
  8. Nomader 55

    Three , seven fin valve covers? Must be a 490 V-12.

    Like 0
  9. Russ Ashley

    Some of you guys need to get real. You throw out some ridiculously low value and say that is what the car should be worth, or that is what you would give for it. Something is worth what someone is willing to pay and someone was willing to pay what the owner was willing to accept. It’s as simple as that.

    Like 10
    • stillrunners stillrunnersMember

      Agree…..keyboard buyers….

      Like 5
  10. Claudio

    I agree , its lotsa money
    But
    Some guys want to spend too much money !
    Many of us know that it costs more to restore than to buy completed
    But
    Many of us know it,
    Because
    We have done it !
    If the new owner wants to spend 150k
    On it
    And then sell it for 65k , i am good with that !

    Yolo

    Like 0

Leave A Comment

RULES: No profanity, politics, or personal attacks.

Become a member to add images to your comments.

*

Get new comment updates via email. Or subscribe without commenting.

Barn Finds