1978 Chevrolet Corvette
$19,997
Vehicle Details
Chevrolet
Corvette
1978
114,479 miles
1Z87L8S415515
Coupe
Manual
350ci 5.7L V8
Description
1978 Chevrolet Corvette — 350 V8, 4-Speed Manual, Red on Red, Clean Undercarriage Why This Car Is Special The 1978 Chevrolet Corvette holds a unique place in C3 history. It was the 25th anniversary of the Corvette nameplate, and Chevrolet marked the occasion by giving the third-generation car its most significant update since the body style was introduced in 1968. The biggest visual change was a new fastback rear window — a sweeping wrap-around piece of glass that replaced the old flying buttress design and added both luggage space and a cleaner roofline.
Chevrolet also reworked the interior dashboard that year, giving it a cleaner, more symmetrical layout with a redesigned instrument cluster. The 1978 model year sold over 46,000 units, making it one of the highest-production years of the entire C3 run, in part because buyers responded strongly to the anniversary fanfare. This particular 1978 Chevrolet Corvette is finished in red over a matching red vinyl interior — one of the more period-correct color combinations for the era.
It carries the 350ci 5.7L V8 backed by a 4-speed manual transmission, a combination that was increasingly uncommon in the late 1970s as emissions regulations and fuel economy concerns pushed more buyers toward automatics. The VIN identifies this car as a coupe with the L48 350 engine, built at the St. Louis, Missouri assembly plant where every C3 Corvette was produced.
The odometer shows approximately 114,479 miles, believed to be actual. The undercarriage photographs, which we took with the car on the lift, tell the real story on structural integrity — and this one looks honest. The shift knob visible in the photos deserves a specific mention: it carries a Corvette 25th Anniversary emblem, reading '1953 Anniversary 1978.' That is a factory-correct detail for the 1978 model year, not an aftermarket addition, and it confirms the car's connection to the anniversary build cycle.
Features List - 350ci 5.7L V8 engine - 4-speed manual transmission - T-Top removable roof panels - Dual exhaust - Rally wheels - White-letter radial tires - Red vinyl bucket seats - Red carpet and door panels - Center console - Alpine AM/FM cassette head unit (aftermarket period-correct replacement) - Fiberglass body - Believed actual mileage: 114,479 - Clean undercarriage — inspected on lift Mechanical Under the hood sits the L48 350ci 5.7L V8, the standard engine for the 1978 Corvette. In 1978 trim, this engine was rated at 185 horsepower — a figure that reflects the low-compression, emissions-controlled tune Chevrolet used throughout the mid-to-late 1970s. It is not a high-strung performance engine by the standards of 1969 or 1970, but it is a proven, durable small-block that has been keeping Corvettes on the road for decades.
Parts availability is excellent, tuning knowledge is widespread, and a stock L48 in good condition is a reliable driver. What sets this car apart mechanically is the 4-speed manual gearbox. By 1978, a significant percentage of Corvette buyers opted for the Turbo Hydra-Matic automatic, particularly as the target demographic began to shift.
A 4-speed manual requires more engagement from the driver, and buyers who specified it in 1978 knew what they were asking for. The Muncie and later Borg-Warner close-ratio and wide-ratio 4-speeds were available on C3 Corvettes through the end of the run, and this car has one fitted. Viewed from below on the lift, the transmission case is clearly visible and the undercarriage shows a solid, well-preserved structure with no evidence of rot or major repairs.
The dual exhaust exits cleanly at the rear. The undercarriage photographs show surface oxidation on the exhaust pipes, which is expected on a car of this age and mileage, but the floor pans, frame rails, and suspension cradle are in good shape — the kind of underside you want to see on a C3 that has spent time in warmer climates. The independent rear suspension, which Corvette has used since 19
Classic Chevrolet Corvette Buyer's Guide
Chevrolet Corvette Market Overview
Based on 616 Chevrolet Corvette listings currently on ClassicCarsArena.com
Classic Chevrolet Corvette Buyer's Guide
The Chevrolet Corvette has been America's sports car for over seventy years, but the classic Corvette market splits into three distinct generations, each with its own buyer profile and its own pitfalls. The C1 (1953-1962), C2 mid-year (1963-1967), and C3 shark (1968-1982) cover three decades of evolution from solid-axle straight-six convertibles to small-block legends to LT-1-powered chrome-bumper cars. Knowing which Corvette is yours — and what it actually is versus what the seller claims — is the difference between a sound investment and an expensive lesson.
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