1967 Corvette L88 For Sale at Indy

1967 Corvette L88

An ultra rare classic 1967 Corvette L88 427/430 hp muscle car was the talk of the collector car world this week. At the Dana Mecum’s Original Spring Auction in Indinapolis today it was bid up to $1.7 million but did not meet reserve. (Photo by Bob Boberg of eClassicAuto.com)

Ken Lingenfelter Reviews Legendary Corvette L88

We were looking at the rare 1967 Corvette L88 big block in the display area at Dana Mecum’s Original Spring Classic Auction here in Indianapolis, Indiana. This car would be going through the auction on Friday. And we knew that Ken Lingenfelter, a well known Corvette builder and expert, was on the grounds. So we Tweeted him an invitation to do an interview on the L88 Corvette. A Corvette of that provenance and celebrity? He was all in. 

Here is what Ken Lingenfelter had to say about the breathtaking 1967 Corvette L88 at the Mecum Auction:

So what did it sell for? The L88 Corvette was Lot # F151 and went through the Mecum Auction on Friday, May 18, 2018. The high bid when all was said and done was $1.7 million. Evidently that did not meet the reserve price and the buyer did not release the reserve. 

There were only 20 L88 Corvettes produced in 1967, making it one of the most sought after American classic musle cars in existence. This one is the only one produced in Sunfire yellow, a popular ’67 color. It has received Bloomington Gold certification, one of the highest certifications in the Corvette hobby. Al Grenning has affirmed the authenticity of the engine pad and the trim tag on this legendary big block car. The restoration work was done by Steve Hendrickson. The original title, new car sales contract and it looks like the original window sticker in on the car as it is displayed. They say an original tank sticker is also with the car.  According to Hendrickson’s letter, the original chassis, L88 engine, M22 transmission, power brakes and master cylinder, suspension and trim were all retained; other components sourced to complete the restoration were new old stock. 

In an interesting side note, Mecum points out that the original title will go with the car. However, the car will be sold on a bill of sale. If the actual title were ever to be presented to a state for licensing to drive on public roads the original title would have to be surrendered to the state. The historic original title on this car is a part of its provenance. For it to be turned over to the motor vehicle department so it could be titled would be a travesty. Most likely the new owner would never re-title it just to keep the orignal title in his control. 

 

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