At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (2024)

A lack of garage space is given as the reason for the sale of today’s Nice Price or No Dice C3 Corvette. Let’s see if the price tag has any of you thinking about making room for it.

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The 2024 Corvette E-Ray Brings America's Sports Car to the Hybrid Era

When people in America talk about the “British Invasion,” they usually mean the raft of British bands that hit the music scene in the 1960s. However, they could just as well be talking about the explosion of British cars that hit the U.S. market a decade earlier, the vanguard of which were lithe and lively sports cars, the likes of which most Americans had never seen. The 1959 Jaguar XK150 FHC we looked at yesterday is representative of those cars, and today, is considered a classic. At $60,000, apparently, it’s also a good deal, as fully 62 percent of you were willing to overlook its minor shortcomings at that price, giving it a Nice Price win.

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At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (1)

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America’s domestic carmakers never really felt the need to address the inroads the British sports car makers were achieving in the American market. There was one notable exception: Chevrolet’s Corvette. Brought to market in 1953 as a direct result of the American public’s new-found affection for sporting models, the Corvette soon solidified its position as “America’s Sports Car.” That’s a role and a title the Corvette maintains to this day, over 70 years later.

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This 1979 Chevy Corvette L82 hails from the era that, arguably, was just about the nadir of the Corvette’s model run. By this time, the C3’s design was a decade old, its engines were strangled by emissions and fuel economy demands, and its limited production numbers meant GM wasn’t exactly pumping cash into updates to address any of these issues.

At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (2)

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That all being said, if you’re going to go for a late-run C3, this is the spec to get. In this model year, the Corvette was offered in two flavors of 350 CID V8: the milquetoast L48 with 195 horsepower and the brawnier L82 offering 225 horses. This car is an L82 and backs that up with a Borg-Warner four-speed manual transmission. That gearbox could have been optioned with a wild-ratio (M20) or close-ratio (M21) gear set, but we don’t know which this car has as thead doesn’t get that far into the weeds in its description.

At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (3)

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The ad does tell us that the car was given to the present owner by their dad and that the brakes, brake lines, and carb have all been refreshed between them. The mileage is reported as 44,000, but the seller thinks that the odometer has rolled over, making it likely 100K more.

The ad also calls this a 1979 Corvette although it wears the bumper caps from a 1980 or later C3 and has bright window trim instead of black like the earlier model years. That’s a bit perplexing, but nothing about the car’s appearance should be considered a deal killer. It should be noted, though, that the fit of the bumpers is off on both ends, and there are a number of flaws in the paint around them. There’s also the Eeyore’s tail of a radio antenna that should be addressed.

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At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (4)

This interior also seems to be in worn but not worn-out condition. We only get to see snippets of it in the pictures (seriously, folks, shoot the entire space when setting up your ads!), but what we see doesn’t set up any red flags. The car does come with A/C, but that’s likely old-school R12, so that will need to be upgraded at some point in time.

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Mechanically, the car is claimed to run strong and without any issues. It has a new exhaust and what looks to be some old tires on its very handsome factory alloys. The seller’s urban garage space situation is the cause for the sale and the car comes with antique plates and a clean title in that sale.

At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (5)

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Based on all that, would you pay the seller’s $8,500 asking for this Corvette? Or are the discrepancies and deficiencies too great for that amount to overcome?

You decide!

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Chicago, Illinois, Craigslist, or go here if the ad disappears.

Help me out with NPOND. Hit me up at remslie@kinja.com and send me a fixed-price tip. Remember to include your Kinja handle.

At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (2024)

FAQs

How much is a 1979 Corvette? ›

Model overview

Chevrolet Corvette production rose again in 1979 to 53,807 coupes despite rising fuel prices. The price of the base L48 model also rose again to $10,220 with a wide-ratio M20 4-speed or a 3-speed Turbo-Hydramatic automatic transmission.

Are Corvettes hard to steal? ›

Even with the high demand for the Corvette, thefts are very rare; we are talking less than . 1%.

What transmission is in a 1979 Corvette? ›

Choice of four-speed manual or automatic transmission (automatic required in California).

How much horsepower does a 1979 Corvette engine have? ›

For 1979 the base L-48 V8 engine generated 195 hp, while the L-82 V8 equipped cars produced 225 hp. L-82 engines included an aluminum intake manifold which saved 24 pounds compared to the cast iron unit of previous years.

Are old Corvettes a good investment? ›

Classic Corvettes' value maintains or rises as years pass. As their availability decreases, their worth grows. Many older models only had a few hundred vehicles manufactured, making them more difficult to find on the modern market. Corvettes are also gaining popularity, and the higher demand drives up worth.

How many miles per gallon does a 1979 Corvette get? ›

Based on data from 10 vehicles, 686 fuel-ups and 130,172 miles of driving, the 1979 Chevrolet Corvette gets a combined Avg MPG of 11.96 with a 0.26 MPG margin of error. Below you can see a distribution of the fuel-ups with 24 outliers (3.38%) removed.

What year is the most undesirable Corvette? ›

The 10 Worst Corvette Models and Years with Cons
  • 1975 Corvette Stingray.
  • 1980 Corvette.
  • 1982 Corvette C3.
  • 1984 Corvette C4.
  • 1997 Corvette C5.
  • 2005 Corvette C6.
  • 2014 Corvette C7 Stingray.
  • 1983 Corvette.
Apr 11, 2024

How to track a stolen Corvette? ›

The myChevrolet mobile app helps an owner locate his stolen vehicle and work with police to get it back.

How fast is a 1979 Corvette mph? ›

Magazines had nothing but good things to say about the 1979 Corvette. Road & Track took an L82 to 60 mph in just 6.6 seconds, 127 mph top end, and ran a ¼ mile in 15.3 seconds at 95 mph.

What Gen is a 79 Corvette? ›

The Chevrolet Corvette C3 was produced from 1967 to 1982 and is the third generation of the Corvette sports car. C3 Corvettes featured a new body and interior, but the chassis and engines were carried forward from the previous generation C2.

How many 1979 Corvettes were made? ›

The highest number of Corvettes produced was in 1979 with 53,807. No other Corvette model year before or since has sold so many units.

Is a 1979 Corvette a stingray? ›

It set new sales records with 53,807 produced for the 1979 model year. The C3 is the third generation of the Chevrolet Corvette, and marks the second time the Corvette would carry the Stingray name, though only for the 1969–76 model years.

How much horsepower can a 1979 Chevy Corvette C8 make? ›

Base (L48) engines get the L82 low-restriction intake and exhaust systems, a change that raises their output to 195 horsepower.

What is the lowest horsepower Corvette ever made? ›

In 1975, things got even sadder, as the small block under the hood of that year's Corvette reached an all-time low of only 165 horsepower.

How much is a 1978 Corvette worth today? ›

Vehicle Valuation Analysis
BodystylesMedian Sale
Coupe$13,772
Z87/Z78 Limited Edition Pace Car Coupe$18,438

How many 1979 Corvettes were sold? ›

The highest number of Corvettes produced was in 1979 with 53,807. No other Corvette model year before or since has sold so many units.

Is a 1979 Corvette L82 a good car? ›

Great,reliable sports car.

Great value. Solid ride and good brakes. L82 engine is bullet proof as well as the borg warner four speed transmission. Excellent for the young car person on a budget.

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