What is that Corvette C2 worth?

Well, there’s no quick answer for that one. Values range greatly depending on the engine configuration and other factors, but hopefully this blog post and the Markets on CLASSIC.COM can serve as a good source of information when you go out shopping… or selling!

Engine Configuration

The Corvette C2 markets on CLASSIC.COM are mostly curated based on the engine configuration (displacement/hp) described by the seller. With a couple of notable exceptions (the C2 Z06 and C2 L88), that is typically how enthusiasts refer to these vehicles.  

For example, you will see a Market labeled Chevrolet Corvette 327/300 – C2 (1963 to 1967). In that market you will find Corvettes, from the C2 generation, with the 327 cu in engine (displacement), rated at 300 horsepower (ie, 327/300). That version was available during the entire span of this generation, between 1963 and 1967.  

With the engine as a constant in each market, you’ll have to look out for other variables such as transmission, fuel system (carbureted or injected), body style, and trim aspects as well, which changed over the years. Values can vary based on these important factors, but we’ve seen that in most cases they gravitate toward the combination of engine displacement and horsepower. 

Matching Numbers

For a purist, another important aspect to consider as well is whether or not a particular vehicle is considered “matching numbers”. This means that the vehicle has its original engine block – the same engine that was installed at the factory – and that number “matches” the body (or chassis) number. If you’d like to verify that a Corvette C2 is matching numbers, make sure that the last few numbers on the engine block are the same as the last few digits on the VIN. Reviewing the Title, any literature, and pictures provided by the seller may be enough to give you some comfort, but there’s nothing like a physical inspection to be sure. 

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Engine Code

Another interesting source of information for a Corvette C2 is the engine code. Stamped next to the engine number, you will find another string of characters – this is the engine code. The last two digits on that string should correspond to one of the codes in the table further below. For example, if the code is RF, and it’s a 1964 Corvette, then you will know that it’s a 327/375 – which means a 327 cu in engine, rated at 375 horsepower, with fuel injection, and a manual transmission installed at the factory. The year of the vehicle is an important distinction – note that the RF code for a 1963 Corvette would be 327/360. 

A world of caution: Watch out for undisclosed engine swaps, fake stampings, etc. 

Markets for the C2 Corvette on CLASSIC.COM

With these basics out of the way, now it’s time to really start honing in on the exact vehicle you have your eye on. On CLASSIC.COM, you can Follow the overall Corvette C2 market, or any of the deeper markets. Using the table below, simply find the model you are looking for, click on the related link in the table, and click the “FOLLOW” button for that market. Then, you can sit back and we’ll keep you updated with any new listings and sales prices for vehicles in that market as they become available. Happy hunting!    

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Sale prices for the Corvette C2

Engine	Power	Market (Disp/HP)	Year(s)	Engine Type	Options	Notes	CMV* (as of May 21, 2020)
327 cu in Small-Block V8	250 hp	327/250	1963–1965	Base			n/a  ≅ $59k
	300 hp	327/300	1963–1967	L75			$51,471
	340 hp	327/340	1963	L76			$128,325
	350 hp	327/350	1965–1967	L79			$50,520
	365 hp	327/365	1964–1965	L76			$59,965
327 cu in Small-Block Fuel Injected V8	360 hp	327/360	1963	L84			$116,417
	360 hp	327/360- Z06	1963	L84	Z06 – Big Tank	Only 199 produced.	$588,000
	375 hp	327/375	1964–1965	L84			$76,633
396 cu in Big-Block V8	425 hp	396/425	1965	L78			$84,700
427 cu in Big-Block V8	390 hp	427/390	1966–1967	L36			$90,540
	425 hp	427/425	1966	L72			$88,600
427 cu in Big-Block Tri-Power V8	400 hp	427/400	1967	L68			$123,750
	430 hp**	427/430 – L88	1967	L88		Only 20 produced. Watch for replicas.	n/a $2m+
	435 hp	427/435	1967	L71			$106,468

* CMV = CLASSIC.COM Market Value. A benchmark value for all vehicles in this Market.

** Underrated

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Corvette C2 Engine Codes

Inspecting the engine code on a Corvette C2 is important to learn more about the original equipment it would have had from the factory. The engine code is found in the last two digits stamped to the engine block. Needless to say, this table is irrelevant if you’re looking at a C2 with an engine swap or a resto-mod. 

Year	Code*	Market (Disp/HP)	Engine Type	Description (**see notes for acronym definitions)
1963	RC	327/250	Base	WCFB 1x4BC & Manual Transmission
	RD	327/300	L75	AFB 1x4BC & Manual Transmission
	RE	327/340	L76	AFB 1x4BC, Hi-Lift Cam & Manual Transmission
	RF	327/360	L84	FI, Hi-Lift Cam & Manual Transmission
	SC	327/250	Base	WCFB 1x4BC & Powerglide
	SD	327/300	L75	AFB 1x4BC & Powerglide
1964	RC	327/250	Base	WCFB 1x4BC & Manual Transmission
	RD	327/300	L75	AFB 1x4BC & Manual Transmission
	RE	327/365	L76	Holley 1x4BC, Hi-Lift Cam & Manual Transmission
	RF	327/375	L84	FI, Hi-Lift Cam & Manual Transmission
	RP	327/250	Base	WCFB 1x4BC, A/C & Manual Transmission
	RQ	327/300	L75	AFB 1x4BC, A/C & Manual Transmission
	RR	327/365	L76	Holley 1x4BC, Hi-Lift Cam, A/C & Manual Transmission
	RT	327/365	L76	Holley 1x4BC, Hi-Lift Cam, T/I & Manual Transmission
	RU	327/365	L76	Holley 1x4BC, Hi-Lift Cam, A/C, T/I & Man. Trans.
	RX	327/375	L84	FI, Hi-Lift Cam, T/I & Manual Transmission
	SC	327/250	Base	WCFB 1x4BC & Powerglide
	SD	327/300	L75	AFB 1x4BC & Powerglide
	SK	327/250	Base	WCFB 1x4BC, A/C & Powerglide
	SL	327/300	L75	AFB 1x4BC, A/C & Powerglide
1965	HE	327/250	Base	WCFB 1x4BC & Manual Transmission
	HF	327/300	L75	AFB 1x4BC & Manual Transmission
	HG	327/375	L84	FI, Hi-Lift Cam & 4-Speed
	HH	327/365	L76	Holley 1x4BC, Mech. Lifters, & 4-Speed
	HI	327/250	Base	WCFB 1x4BC, A/C & Manual Transmission
	HJ	327/300	L75	AFB 1x4BC, A/C & Manual Transmission
	HK	327/365	L76	Holley 1x4BC, Mech. Lifters, A/C & 4-Speed
	HL	327/365	L76	Holley 1x4BC, Mech. Lifters, T/I & 4-Speed
	HM	327/365	L76	Holley 1x4BC, Mech. Lifters, A/C, T/I & 4-Speed
	HN	327/375	L84	FI, Hi-Lift Cam, T/I & 4-Speed
	HO	327/250	Base	WCFB 1x4BC & Powerglide
	HP	327/300	L75	AFB 1x4BC & Powerglide
	HQ	327/250	Base	WCFB 1x4BC, A/C & Powerglide
	HR	327/300	L75	AFB 1x4BC, A/C & Powerglide
	HT	327/350	L79	Holley 1x4BC, Hyd. Lifters, & 4-Speed
	HU	327/350	L79	Holley 1x4BC, Hyd. Lifters, A/C & 4-Speed
	HV	327/350	L79	Holley 1x4BC, Hyd. Lifters, T/I & 4-Speed
	HW	327/350	L79	Holley 1x4BC, Hyd. Lifters, A/C, T/I & 4-Speed
	IF	396/425	L78	Holley 1x4BC, T/I & 4-Speed
1966	HE	327/300	Base	Manual Transmission
	HH	327/300	Base	K19 & Manual Transmission
	HO	327/300	Base	Powerglide
	HR	327/300	Base	K19 & Powerglide
	HT	327/350	L79	Hi-Lift Cam & 4-Speed
	HD	327/350	L79	Hi-Lift Cam, K19 & 4-Speed
	HP	327/350	L79	Hi-Lift Cam, A/C, P/S & 4-Speed
	KH	327/350	L79	Hi-Lift Cam, K19, A/C, P/S & 4-Speed
	IL	427/390	L36	Special Cam, Hyd. Lifters, & 4-Speed
	IM	427/390	L36	Special Cam, Hyd. Lifters, K19 & 4-Speed
	IQ	427/390	L36	Special Cam, Hyd. Lifters, & Powerglide*
	IR	427/390	L36	Special Cam, Hyd. Lifters, K19 & Powerglide*
	IP	427/425	L72	Special Cam, Mech. Lifters & 4-Speed
	IK	427/425	L72	Special Cam, Mech. Lifters & M22 4-Speed
1967	HE	327/300	Base	Holley 1x4BC & Manual Transmission
	HH	327/300	Base	Holley 1x4BC, K19 & Manual Transmission
	HO	327/300	Base	Holley 1x4BC & Powerglide
	HR	327/300	Base	Holley 1x4BC, K19 & Powerglide
	HP	327/300	Base	Holley 1x4BC, P/S & Manual Transmission
	HT	327/350	L79	Holley 1x4BC, Hi-Lift Cam & 4-Speed
	HD	327/350	L79	Holley 1x4BC, Hi-Lift Cam, K19 & 4-Speed
	HP	327/350	L79	Holley 1x4BC, Hi-Lift Cam, A/C, P/S & 4-Speed
	KH	327/350	L79	Holley 1x4BC, Hi-Lift Cam, K19, A/C, P/S & 4-Speed
	IL	427/390	L36	Holley 1x4BC, Spec.Cam, Hyd. Lifters & 4-Speed
	IM	427/390	L36	Holley 1x4BC, Spec.Cam, Hyd. Lifters, K19 & 4-Speed
	IQ	427/390	L36	Holley 1x4BC, Spec.Cam, Hyd. Lifters & Powerglide
	IR	427/390	L36	Holley 1x4BC, Spec.Cam, Hyd. Lifters, K19 & Powerglide
	JC	427/400	L68	L36 Engine w/ Holley 3x2BC & 4-Speed
	JF	427/400	L68	L36 Engine w/ Holley 3x2BC, K19 & 4-Speed
	JD	427/400	L68	L36 Engine w/ Holley 3x2BC & Powerglide
	JG	427/400	L68	L36 Engine w/ Holley 3x2BC, K19 & Powerglide
	JE	427/435	L71	Holley 3x2BC, Mech. Lifters & 4-Speed
	JA	427/435	L71	Holley 3x2BC, Mech. Lifters, K19 & 4-Speed
	IU	427/435	L89	Holley 3x2BC, L71 Engine w/Alum. Heads & 4-Speed
	JH	427/435	L89	Holley 3x2BC, L71 w/Alum. Heads, K19 & 4-Speed
	IT	427/430 – L88	L88	Holley 1x4BC, Heavy-Duty Engine & M22 4-Speed

* Last two digits on the engine block

** Description:

• WCFB and AFB four-barrel carburetors manufactured by Carter 
• Holley 1x4BC is a single four-barrel carburetor
• Holley 3x2BC is a three two-barrel carburetor 
• FI means Rochester Fuel Injection
• A/C means Air Conditioning (C60) 
• T/I means Transistor Ignition (K66)
• K19 is Air Injection Reactor equipment
• P/S means Power Steering (N40)
• M22 is Heavy-Duty Four-Speed Transmission

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Resources: 

• General timeline and changes of the Corvette C2 generation: https://www.corvettemuseum.org/learn/about-corvette/
• C2 engine codes: http://repairs.willcoxcorvette.com/
• C2 on Wikipedia: https://en.wikipedia.org/wiki/Chevrolet_Corvette_(C2)