Storage units can be gold mines for those seeking rare and valuable items. We often see articles on the news about incredible finds that net their owner a considerable financial reward. This 1969 Corvette wasn’t discovered in a storage unit, but it appears its owner may have left it parked there for years. It doesn’t currently run, but with the values of early C3 Corvettes growing steadily, it could make an excellent restoration and investment. The C3 is listed here on Craigslist in Charlotte, North Carolina. The seller set their price at $9,000, making it a tempting proposition. I must say a big thank you to Barn Finder Chuck F for spotting this fantastic find.
The supplied photos of this Corvette are, to be polite, pretty ordinary. However, there may be a valid reason for the seller’s approach. They say the steering column is stripped, meaning that while it might roll, it doesn’t steer. Moving it out of the unit to get better shots may be possible, but returning it to its current resting spot could prove too difficult. The car wears Can-Am White paint that shines surprisingly well. There are marks and blemishes, and a repaint would make a huge difference. No fiberglass issues are visible, but determining whether there are problems would take an in-person inspection. The same is true when the subject turns to potential rust in the frame or birdcage because they don’t rate a mention in the listing. Surface corrosion is visible in some areas but appears pretty mild and dry, which is encouraging. The front bumper is missing, but we don’t get a clear look to confirm the presence of the back bumperettes. The ‘Vette also rolls on odd wheels, meaning the buyer needs to source replacements.
The seller is sparing in their mechanical description of this Stingray, with the stripped steering column the only information provided. The engine bay houses a 350ci small-block that would have sent its power to the back wheels via a four-speed manual transmission. The C3 was probably at its peak in 1969 because even the entry-level 350 churned out 300hp. That was enough power to launch the Corvette through the ¼ mile in 14.6 seconds. If it happens to be the L46 version, the power output rises to 350hp, and the ¼-mile ET drops to 14.1 seconds. This classic sends us mixed messages because its exterior appearance suggests it has been sitting for a while. However, the new alternator indicates the car may have seen recent use. It is missing the original air cleaner assembly and ignition shield, but I can’t spot any other changes. If the V8 turns freely, reviving it may not be difficult.
One trait shared between this Stingray’s interior and exterior is they both need TLC. The Black vinyl upholstery looks dirty, and I would treat everything to a thorough clean before compiling a shopping list. The seller mentions the steering column issue, and the back section of the console is broken beyond repair. The carpet exhibits the typical wear and fading issues, but it is serviceable if the buyer plans to return this classic to active duty quickly. There are no aftermarket additions, and the tilt/telescopic wheel and AM/FM radio appear to be the only optional extras. There may not be air conditioning to provide comfort on hot days, but removing the T-Top panels and back window should make life more pleasant.
The limited photos make it difficult to assess this 1969 Corvette’s overall condition, but it looks like it has spent many years in dry storage. That should be positive news for potential buyers, especially with values continuing to climb. The car’s storage history may mean it has no structural rust, making a cosmetic restoration relatively inexpensive. Hagerty lists a value of $16,100 for a #4 example, while spotless vehicles with a small-block under the hood regularly sell for more than $40,000. The sale price on this car leaves plenty of room to move on its restoration, especially if the new owner elects to be hands-on in their approach. Are those thoughts enough to tempt you to pursue it further?
$9k is a LOT more tempting than the blue one further up the coast. If I was just a little closer I would probably hook up the trailer and check it out.
I really don’t know what the seller means when saying the column’s “striped”? Generally that’s not something that happens. I’m guessing there’s a problem in the tilt/tele portion of the column, likely in the knuckle assembly, or maybe at the rag joint. The valve covers are mid to late 70’s covers, so the engine’s likely a later engine too. I’m not sure what the writer was looking at, but there is a front bumper on the car.
Do people really believe that ads as bad as this one, with crappy pictures and absolutely no useful information, are enticing to potential buyers?
What the heck is a stripped steering column ???
Most likely stolen at one time – they pulled the key lock out ” stripped it ” was a term back in the day…..maybe also why it’s a storage find…..
That will not effect steering or they could not steal it.
Fix the column, or put front wheels on a couple of rollers to roll it around. Seller must not be a car guy. This one looks like a gamble. Could be a really good deal for someone able to fix it up themselves or a really bad deal if it’s worse than it appears.
“Hagerty lists a value of $16,100 for a #4 example, while spotless vehicles with a small-block under the hood regularly sell for more than $40,000”
Give me a break! I just sold a clean ’77 for $12,500. (And don’t tell me the pricing is higher for a “69”. What’s this writer smoking?
Comparison of 69/77 apples to onions.
I stand corrected, but that’s for unmolestedly low miles 427/4speed 69’s. This car would take a boat load of money to get more than $40k. Unless your labor is free.
Your lucky you got $12,500 for a 77! Probably an automatic to boot. No comparison to a 69,you have a lot to learn about the value of vette’s!
I said I stood corrected, so quit piling on.
I still think some are underestimating how much repo parts and paint work cost. Just look in ecklerscorvette.com. If this car is such a deal you should be buying it!
I got a good price for my Vette because every time I turned around I was replacing something. And that was over 30 plus years.
I may not keep up on the daily price fluctuations of Vettes, but I did have a ’57 Vette in high school in 1970. What were you driving when you were 17?
The chrome bumper C2 cars are valued higher than the rubber bumper cars. Just the facts…
Generally the value would be more on a 1969 compared to a 1977.
Need to check the frame!!
This ’69 just sold for $631k on BAT.
https://bringatrailer.com/listing/1969-chevrolet-l88-corvette-2-2/
Risky Purchase, even at 9K.