Stored 30 Years: Running 1958 Chevrolet Corvette

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After a rocky start in 1953, the automobile that would become “America’s Sports Car” – the Chevy Corvette – picked up sales steam as the decade pressed on. Now wearing dual headlights and chrome spears on the trunk, production surpassed 9,000 units for the first time in 1958. And more than 60% of them came with the optional auxiliary hardtop like the seller’s ‘Vette. We’re told it’s been in the garage for 30 years yet runs well due to diligent maintenance.

Early Corvettes were only available with an automatic transmission, but by 1958 nearly 40% came with a 4-speed manual transmission (like the one here). This is a triple-red car (top, body, and interior) and looks okay considering its lengthy hibernation. From all indications, this Corvette doesn’t look like a show car, although they don’t all have to be. But at the seller’s asking price, are you willing to accept anything less than having to show potential without another sizeable investment?

Under the hood resides a period-correct 283 cubic inch V8 that we’re told runs well. But that language suggests it is not numbers-matching and it was replaced before the 67,000 miles the car has accumulated in 66 years. It’s a real deal “California black plate” car and we assume the iconic plates will follow the sports car to its next home.

The seller mentions something about there being “few modifications” but we don’t know what those may have been. Still in the garage in Glenview, Illinois, this sporty Chevrolet is available here on craigslist. The asking price is $69,500. Once again, Barn Finder T.J. comes through in the tips department.

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Comments

  1. Bamapoppy

    Quite a bit of cash for one that will likely require more once the paperwork is finished.

    Like 6
    • Frank Sumatra

      With a NOM? Magic Eight-Ball says “Highly Unlikely at $69,500”.

      Like 5
  2. Matty B

    Since they’re trying to get top dollar they could have at least pulled it out of the garage and got it professionally detailed.

    Like 5
  3. ruxvette

    In pictures it looks pretty decent. Could be a buy at $59k but not at $69k.

    Like 2
  4. Charles Jenkins

    As I have stated on this site numerous times in the past, I am a long time Corvette owner, as well as a bit enamored with them. That being said, this particular unit in the condition it’s on is not worth the asking price. Now, the seller will probably get it, or something close, but in the real world it’s not worth it.

    Like 3
  5. Charles Jenkins

    As I have stated on this site numerous times in the past, I am a long time Corvette owner, as well as a bit enamored with them. That being said, this particular unit in the condition it’s in is not worth the asking price. Now, the seller will probably get it, or something close, but in the real world it’s not worth it.

    Like 3
    • Gary J Lehman

      Charles—-if that is the money it brings, then that’s what it’s worth……in the real world.

      Like 0
  6. stillrunners stillrunnersMember

    Haven’t we seen this car deal before ?

    Like 0
  7. CeeOne

    Probably not the stock engine and not the stock shifter. Looks like maybe a Hurst. I lprefer the stock shifter.

    My dad had a triple black 58 with the base engine and a 3 speed.

    Must have been radio delete too. He used the spears on the trunk as his antenna. Worked great, if my memory serves me.

    Like 0
  8. Charles Jenkins

    No it’s not what it is worth, that simply means that someone was willing to pay more than what it’s worth. There is a difference. As I stated, someone will probably pay what they are asking, but that is not what it’s worth in the real world. If I found someone that was willing to pay $40,000 for my 2000, that doesn’t mean that’s what it’s worth.

    Like 0
    • Gary James Lehman

      So what you sell it for isn’t what it’s worth……your opinion is what it’s worth. That makes no sense. I understand what you mean, but your logic is flawed.
      Any car guy will tell you a car is worth what you can sell it for.

      Like 0
      • Charles Jenkins

        Ok, so.let me put it another way. If a new Vette has a window price of $100,000, according to the manufacturer, (that knows exactly what it cost to build it) that is what the car is worth. If someone comes in and pays more than that, they have paid more than what it’s worth. Maybe they did it because they just loved that particular car, or maybe it was because they were all selling for over window. (Remember the PT Cruiser?) Doesn’t matter, your friends, (and the bank) are going to tell you that you paid more than it’s worth.

        Like 0
    • CeeOne

      I know what you’re saying, I always put “worth” in quotes.

      Like 0

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