Dateline: 2.1.12

The once obscure L88s are now highly valued Corvettes!

It’s always an exciting thing when the heavy guns from the Corvette’s past go on the auction block. Auctions can be a quirky thing, be it a local farm auction or a high-level exotic cars auction. On one hand, the final sale price is a direct reflection of what the market place is willingness to pay. On the other hand, two people can get caught up in the adrenaline of the auction experience and drive up a final sale price. Either way, they’re always fun to watch to get a sense of the market value of Corvettes.

Keith Cornett at www.CorvetteBlogger.com does an excellent job of covering Corvette auction action. Well, it seems that there’s an interesting trend developing in the Corvette world over L88 Corvettes. L88s with the appropriate petegree are getting just just north of $600,000! That’s VERY impressive, considering that new, the cars cost in the neighborhood of $6,500 back in the day.

The L88 option was Mr. Duntov’s gift to his beloved Corvette racers. Just because GM didn’t want to go racing didn’t mean that Duntov couldn’t design and develop parts for independent racers to use. The L88 package was the ultimate racer kit for its day. On paper and in person, the L88 didn’t look all that spectacular. The only visual clue as to what lurked under the car’s body was the special cold-air-induction hood that was essentially a dome on top of the big-block hood’s dome. That was the ONLY visual clue. On paper the L88 was grossly underrated at just 430-horsepower. The real power number was never “officially” published, but it was estimated to be in the high 500horsepower range. Continue reading “C3 L-88 Corvettes Draw TOP DOLLAR at The Auctions!” →