1962 CHEVROLET CORVETTE 327/340 CONVERTIBLE
Whats Under The Hood?
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Description
Summary
Powered by a matching-numbers 327/340hp V8 engine mated to a correct manual 4-speed transmission. Recent upgrades include a new ignition and a complete transmission rebuild, including a new clutch and flywheel.
Details
Representing the last year of the first-generation Corvette, this 1962 example is finished in black with a red interior and a black convertible top. This Corvette underwent a frame-off restoration in the early '90s. The car is all matching-numbers, with the exception of the GM remanufactured date-code-correct 4-speed close-ratio synchromesh transmission. The original high-performance 340hp V8 engine features matching-numbers and displaces 327ci. It also has the original matching-numbers 4.11-geared posi-traction rear end. Recent upgrades include new ignition and a complete transmission rebuild, including a new clutch, pressure plate, throw-out bearing and flywheel, along with a new Corvette off-road exhaust. Also, the steering box and shaft were rebuilt, along with the factory brakes. All of the gauges work, including the 7,000-rpm tachometer, Wonder Bar radio and cigarette lighter, and the original mat, spare tire and jack assembly still reside inside the trunk. Currently, the Corvette has an original-style 15-inch steering wheel, but the original larger one comes with the car.
Financing
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Monthly payment of $549.20 based on a purchase price of $50,000.00 with 15% down and 9.47% APR financing for 120 months. Monthly payment of $926.28 based on a purchase price of $100,000.00 with 20% down and 9.35% APR financing for 144 months. Monthly payment of $1,650.77 based on a purchase price of $200,000.00 with 20% down and 9.29% APR financing for 180 months. Rate with optional AutoPay (ACH Debit) discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay discount are 0.25% higher. Best rates are available for credit scores of 700 and above. TT&L may also be financed. Not all applicants will qualify. Rates and terms are subject to change without notice.