No reserve
Lot : 1369
Status : Sold
Scottsdale 2016
Location : Pending

1969 CHEVROLET CORVETTE L88 CONVERTIBLE

Vehicle's portrait

Whats Under The Hood?

Details

1969Year
CHEVROLETMake
CORVETTEModel
L88 CONVERTIBLEStyle
V8Cylinders
4-SPEED MANUALTransmission
427Engine Size
LEMANS BLUEExterior Color
BLUEInterior Color
194679S723530Vin

Photos

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Description

Summary

A documented L88 roadster featuring open-chamber cylinder heads, an M22 aluminum-case 4-speed and excellent provenance. In October 2014, this meticulously restored and detailed rarity commanded a high 98.1 score in Top Flight NCRS judging.

Details

This L88, one of 116 examples built in 1969 (the final year of availability), is well-known among Corvette historians. After being custom-ordered by the son of a wealthy Kentucky tobacco family who decided not to take delivery for personal reasons, the car ended up in Tennessee. The promoter of the Knoxville Corvette Expo, Bryan Cooper, bought it in 1977 and in turn offered it to Corvette authority Paul Kitchen, which is when the two dropped the gas tank and found the all-important Tank Sticker. Removed for safekeeping, the sticker remained with Kitchen when the car was sold again, but it was reunited with the vehicle in November 1987. (Recently, David Burroughs and his 'Prove It' process were employed to scientifically verify the sticker's authenticity.) The car was placed in storage for almost 25 years, until February 2012, when it was delivered to renowned restoration expert Roger Gibson, who performed an all-encompassing frame-off restoration totaling 5,100 hours in a 19-month period. This spectacular machine has been exactingly returned to its as-built state with correct LeMans Blue paint and matching Bright Blue interior, with a black vinyl auxiliary hardtop as well. The extensive use of NOS pieces and preservation of original components combined with a carefully executed driveline restoration, including an open-chamber head L88 engine (underrated at 430hp) and M22 aluminum-case 4-speed. In October 2014, this meticulously restored and detailed rarity commanded a high 98.1 score in Top Flight NCRS judging. The car comes with several signed documents noting its past history, including one from the original intended buyer, two three-ring binders showing the work done by Gibson with accompanying receipts, an NCRS shipping report and NCRS validation service. It also comes with the 'Prove It' report and the original Tank Sticker.

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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.

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