At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (2024)

A lack of garage space is given as the reason for the sale of today’s Nice Price or No Dice C3 Corvette. Let’s see if the price tag has any of you thinking about making room for it.

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Best Corvette Generations, According to Bob

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The Best Corvette Generations, According to Bob

When people in America talk about the “British Invasion,” they usually mean the raft of British bands that hit the music scene in the 1960s. However, they could just as well be talking about the explosion of British cars that hit the U.S. market a decade earlier, the vanguard of which were lithe and lively sports cars, the likes of which most Americans had never seen. The 1959 Jaguar XK150 FHC we looked at yesterday is representative of those cars, and today, is considered a classic. At $60,000, apparently, it’s also a good deal, as fully 62 percent of you were willing to overlook its minor shortcomings at that price, giving it a Nice Price win.

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At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (1)

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America’s domestic carmakers never really felt the need to address the inroads the British sports car makers were achieving in the American market. There was one notable exception: Chevrolet’s Corvette. Brought to market in 1953 as a direct result of the American public’s new-found affection for sporting models, the Corvette soon solidified its position as “America’s Sports Car.” That’s a role and a title the Corvette maintains to this day, over 70 years later.

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This 1979 Chevy Corvette L82 hails from the era that, arguably, was just about the nadir of the Corvette’s model run. By this time, the C3’s design was a decade old, its engines were strangled by emissions and fuel economy demands, and its limited production numbers meant GM wasn’t exactly pumping cash into updates to address any of these issues.

At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (2)

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That all being said, if you’re going to go for a late-run C3, this is the spec to get. In this model year, the Corvette was offered in two flavors of 350 CID V8: the milquetoast L48 with 195 horsepower and the brawnier L82 offering 225 horses. This car is an L82 and backs that up with a Borg-Warner four-speed manual transmission. That gearbox could have been optioned with a wild-ratio (M20) or close-ratio (M21) gear set, but we don’t know which this car has as thead doesn’t get that far into the weeds in its description.

At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (3)

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The ad does tell us that the car was given to the present owner by their dad and that the brakes, brake lines, and carb have all been refreshed between them. The mileage is reported as 44,000, but the seller thinks that the odometer has rolled over, making it likely 100K more.

The ad also calls this a 1979 Corvette although it wears the bumper caps from a 1980 or later C3 and has bright window trim instead of black like the earlier model years. That’s a bit perplexing, but nothing about the car’s appearance should be considered a deal killer. It should be noted, though, that the fit of the bumpers is off on both ends, and there are a number of flaws in the paint around them. There’s also the Eeyore’s tail of a radio antenna that should be addressed.

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At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (4)

This interior also seems to be in worn but not worn-out condition. We only get to see snippets of it in the pictures (seriously, folks, shoot the entire space when setting up your ads!), but what we see doesn’t set up any red flags. The car does come with A/C, but that’s likely old-school R12, so that will need to be upgraded at some point in time.

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Mechanically, the car is claimed to run strong and without any issues. It has a new exhaust and what looks to be some old tires on its very handsome factory alloys. The seller’s urban garage space situation is the cause for the sale and the car comes with antique plates and a clean title in that sale.

At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (5)

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Based on all that, would you pay the seller’s $8,500 asking for this Corvette? Or are the discrepancies and deficiencies too great for that amount to overcome?

You decide!

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Chicago, Illinois, Craigslist, or go here if the ad disappears.

Help me out with NPOND. Hit me up at remslie@kinja.com and send me a fixed-price tip. Remember to include your Kinja handle.

At $8,500, Is This 1979 Chevy Corvette A Stick-Shift Steal? (2024)

FAQs

What is a 1979 Corvette worth? ›

They say 1979 Corvette is worth from $8,700 to $21,725. But remember that the older the car, the more subjective the pricing is. Take a look at cars.com or autotrader.com to see what cars like yours are selling for.

What transmission is in a 1979 Corvette? ›

5.7 Liter V8. Choice of four-speed manual or automatic transmission (automatic required in California).

How much horsepower does a 1979 Corvette engine have? ›

For 1979 the base L-48 V8 engine generated 195 hp, while the L-82 V8 equipped cars produced 225 hp. L-82 engines included an aluminum intake manifold which saved 24 pounds compared to the cast iron unit of previous years.

How many 1979 Corvettes were made? ›

The highest number of Corvettes produced was in 1979 with 53,807. No other Corvette model year before or since has sold so many units.

Are old Corvettes a good investment? ›

Classic Corvettes' value maintains or rises as years pass. As their availability decreases, their worth grows. Many older models only had a few hundred vehicles manufactured, making them more difficult to find on the modern market. Corvettes are also gaining popularity, and the higher demand drives up worth.

How many miles per gallon does a 1979 Corvette get? ›

Based on data from 10 vehicles, 686 fuel-ups and 130,172 miles of driving, the 1979 Chevrolet Corvette gets a combined Avg MPG of 11.96 with a 0.26 MPG margin of error. Below you can see a distribution of the fuel-ups with 24 outliers (3.38%) removed.

What is the top speed of a 1979 Corvette? ›

Road & Track Magazine test drove a 1979 Corvette equipped with an L82 engine and recorded a 0-60 time of just 6.6 seconds, a standing quarter-mile time of 15.3 seconds at 95 mph, and a top speed of 127 mph.

Is a 1979 Corvette considered a stingray? ›

The Stingray name started again in 1969 as bovan says, and ended in 1976. 1977 and on are not considered "Stingrays" by name but many people think the name refers to the entire group of similarly styled vetes from '68 to '82.

What changed in the 1979 Corvette? ›

Three popular features that had been on the 1978 Corvette Pace Car replicas were now available on the 1979 Corvette, the new high-back bucket seats, the front and rear spoiler package, and the glass roof panels. The 1979 Corvette was the first model year to offer an AM/FM Radio as standard equipment too.

How big is the fuel tank in a 1979 Corvette? ›

Re: 1979 Gas tank size (dudeskie)

I believe it is 24gallons.

How much horsepower can a 1979 Chevy Corvette c8 make? ›

Base (L48) engines get the L82 low-restriction intake and exhaust systems, a change that raises their output to 195 horsepower.

How much did a 1979 Corvette cost new? ›

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.

What is the least valuable Corvette? ›

C4 (1984–96)

After debuting with 205 hp, base cars quickly got a bump to 230, and for 1986, a convertible model returned to the lineup following an 11-year absence. It's the '86 coupe we're interested in, however, and at around $17,900, it's the cheapest Corvette of them all.

How rare is an L82 Corvette? ›

GM produced 47,000 Corvettes in the 1978 (25th anniversary) model year. Out of the 47,000 produced, only 12,590 had Gymkhana suspension, 12,739 were produced with the L82 package, and only 3,385 came with the close ratio 4spd transmission.

Is a 1979 Corvette a stingray? ›

It set new sales records with 53,807 produced for the 1979 model year. The C3 is the third generation of the Chevrolet Corvette, and marks the second time the Corvette would carry the Stingray name, though only for the 1969–76 model years.

How do you tell if a 1979 Corvette is a L82? ›

Best Answer

The 5th character on your vin will determine engine type. J for L48 and T for L82.

What is the most collectable year for the Corvette? ›

The 1969 Corvette ZL-1 is perhaps one of the rarest and most highly sought-after 'Vettes ever made. You could say that it is a true automotive unicorn since only two of these beasts were ever built.

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