1979 Chevrolet Corvette Vehicle Valuation Report

Valuation by Condition

Value Adjustments

Model Description

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. Base horsepower increased slightly to 195 bhp from the 350 cubic-inch Chevy small-block V-8 engine, but 14,516 buyers spent another $565 for the 225 bhp L82 motor. A better muffler increased horsepower due to freer flow.

The high-back seat from the 1978 Pace Car model became standard equipment and the seats were lightened due to plastic frames. Inertia locking kept the backs upright in sudden deceleration, while the seats could slide forward an extra inch. The front and rear spoilers from the 1978 Pace Cars also became standard fitment, decreasing drag by about 15 percent, good for half a mile a gallon.

*Please note: All prices shown here are based on various data sources, as detailed in About Our Prices. For all Hagerty clients: The values shown do not imply coverage in this amount. In the event of a claim, the Guaranteed Value(s)® on your policy declarations page is the amount your vehicle(s) is covered for, even if the value displayed here is different. If you would like to discuss your policy, please call Hagerty at 877-922-3391.

Specifications

Body styles: 2dr Coupe

Engine types: 8-cyl. 350cid/195hp 4bbl, 8-cyl. 350cid/225hp 4bbl L82

1968-1982 Chevrolet Corvette Stats

** Number produced is specific to this year and configuration.

Equipment

Standard Equipment

• 4-Speed Manual Transmission
• AM/FM
• Bucket Seats
• Heater/Defroster
• Power Four-Wheel Disc Brakes
• Power Steering
• Seat Belts
• Tachometer

Optional Equipment

• Air Conditioning
• Automatic Transmission
• Gymkhana Suspension
• Power Windows
• Speed Control
• Telescopic Steering Column
• White Lettered Tires

Additional Info

• Shipping Weight: 3503 lbs
• Vehicle Length: 185.2 in
• Wheelbase - Inches: 98 in

Vehicle's Condition Classification

#1. Concours

#1 vehicles are the best in the world. Imagine the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted.

#2. Excellent

#2 vehicles could win a local or regional show. They might even be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws but will be able to find some. The paint, chrome, glass and finishes will all appear as excellent. The vehicle drives as a new vehicle of its era would.

#3. Good

#3 vehicles drive and run well but are not used for daily transportation. The casual passerby will not find any visual flaws, but these vehicles might have some incorrect parts. #3 vehicles could possess some, but not all, of the issues of a #4 vehicle, but they will be balanced by other factors such as fresh paint or a new, correct interior.

#4. Fair

#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting, the windshield might be chipped and perhaps the body has a minor dent. Imperfect paintwork, split seams or a cracked dash might be present. No major parts are missing, but there might be non-stock additions. A #4 vehicle can also be a deteriorated restoration.