Few cars can crack the $1,000,000 mark in value. If you happen to have one of only 20, 1967 Chevrolet Corvettes built with the L-88 version of the famous 427, you may have a car valued at a million dollars or more sitting in your garage.
The 1967 Corvette was originally to be the first of the C3 generation of Corvettes. Due to delays caused by poor aerodynamics of the new body style, it became the last of the Sting Ray Corvettes, with the most power to date.
The L-88 427 cubic inch engine was officially rated at 430 hp, the unofficial rating placed it at a more realistic 560 hp. With triple Holley two-barrel carburetors, this was one go fast machine.
This power train set up followed into the new C3 generation, continuing on through 1969. 1967 was the last year of the two word “Sting Ray” designation, the term returned as a single word, Stingray in 1969, but there was no comparison between the C2 Sting Ray body style and the C3 Stingray.
Chrome bumpers disappeared in following years, the lines of the body lengthened, the whole dynamics of the car changed at the end of 1967. This was the end of an era, the last year of the C2 body style.
Zora Arkus-Duntov, a Soviet emigrant, long considered the Father of the Chevrolet Corvette. By matching the early V-8 to a 3 speed transmission he started the Corvette on it’s way.
The 1967 Corvette finished up the year with total sales of 22,940 units. The base price being $4,240.75, the L-88 upgrade, with all it’s required additional upgrades increase the price by $1,500. A bargain considering you got positraction, transistorized ignition, heavy duty suspension and power brakes. All along with one wicked go fast engine.
With the excuse of weight reduction, the L-88 upgrade also included deleting the radio and heater. It was more or less an effort to discourage street use of this overpowered beast.
Interior upgrades included moving the emergency brake from under the dash to between the bucket seats. Upholstery was also revised to some extent. Out of date wheel covers were replaced with Rally wheels that included beauty rings. As was the style of the time, the optional hardtop was covered with black vinyl.
The 1967 Chevrolet Corvette has been considered by many to be the finest Corvette of them all, I’d have a hard time disagreeing with them as later versions developed with a lower sleeker stance. The C2 version was a good match against such cars as the Shelby Cobra