Corvette Values: 1974 Corvette Convertible

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RB in Indiana submitted this 1974 Corvette to Corvette Values:

1974 Corvette Convertible, VIN #1z67j4s427XXX. Painted Dark Red (original) with dark red leather interior and a white convertible soft top. Matching numbers L-48 350ci/195hp engine, automatic transmission, 79235 original miles, power steering and brakes, air conditioning, power windows, auxilliary hard top and luggage rack. Paint and mechanicals in good/average condition, no documentation but have owner history.

Find out how we valued this Corvette after the jump.

1974 Corvette Convertible VIN # 1Z67J4S427XXX. The VIN # indicates this Corvette was built in May, 1974, the tenth month of the 1974 Corvette production. This late production date is an indication that any mechanical/engineering changes in the Vette production made on a ?rolling? basis would have been included on this Corvette.

The odometer shows 79,235 original miles that have been reported by the owner to be correct.

The 1974 Corvette is powered by the correct L-48, 350-195 HP motor. Stamped engine nomenclature indicates this is the original motor. It is coupled with an automatic transmission, a popular choice for the 1974 model year with a selection rate of 67%.

The body panels on the Corvette are completely stock with no modifications. This Corvette is painted Dark Red, the original factory color. The overall condition of the exterior can be termed good with a few minor paint chips.

The interior is a matching Dark Red color with leather seats. The interior is also classified in good condition, however, the seats are showing wear.

The convertible top is White in color, a nice contrast to the Dark Red exterior paint. The condition of the top is good.

This 1974 Corvette convertible has the correct wheels, wheel trim and center caps. The tires show minimal wear and are rated in good condition.

The engine compartment has all of the stock components and is classified in average condition.

Factory options include the custom interior trim, power windows, brakes and steering, air conditioning and the removable hardtop. The removable hardtop was a popular option for the 1974 model year with an order rate of more than half of the convertible Corvette buyers that year. Also, the Corvette has a chrome dealer installed luggage rack.

Owner history of this Corvette is available. This is a valuable factor in establishing an appraisal price of a Corvette.

We place a value of $21,000 on this Corvette for resale or replacement in today’s market.