The Mecum Kissimmee auction, renowned for its massive scale and diverse selection of collector vehicles, saw a rare 1967 Chevrolet Corvette make headlines by selling for an astonishing $1.7 million. Among the 4,000 cars auctioned over two weeks in Florida, this particular Corvette became a standout for its rarity, documentation, and condition.
Fitted with an L89 big-block engine, this Marina Blue 1967 Corvette is rarer than the legendary L88 models from the same era. While 20 examples of the race-focused L88 were built in 1967, only 16 Corvettes were equipped with the L89 engine that year. The L89 option added aluminum cylinder heads to the 427-cubic-inch, 435-horsepower big-block engine, reducing weight and improving the car’s handling. However, the upgrade offered no additional performance on paper, leading to its low production numbers.
This particular L89 Corvette featured a host of desirable options, including an M21 four-speed manual transmission, F41 performance suspension, J50 power brakes, side exhaust, and leather seats. Adding to its uniqueness, it came equipped with California-required smog equipment, making it one of just two such models ever built. Further enhancing its provenance, the car was reportedly assembled on the final day of 1967 Corvette production, just 32 cars before the end of the line.
Restored by the Naber brothers in the late 1980s, the car has been meticulously maintained and recently earned 99.08 out of 100 points at the National Corvette Restorers Society Nationals.
While L88 Corvettes often dominate auction headlines, this sale underscores how rare options and impeccable documentation can elevate a classic car’s value. For Corvette enthusiasts, this $1.7 million sale is a testament to the enduring appeal of these iconic American sports cars.