BK in Georgia submitted this 1978 Silver Anniversary Corvette to Corvette Values:
1978 Corvette T-Top Coupe. VIN: 1Z8748S427XXX Silver Anniversary model, L82 350/220 hp. Automatic transmission. 17,800 original miles. Power steering, power brakes, power windows, AC, tilt-tele steering column, factory wheels. Two-tone silver anniversary paint in good condition as is the interior. No documentation.
Find out how we valued this Corvette after the jump.
The VIN 1Z8748S427XXX indicates this 1978 Corvette was built mid-way through the 1978 Corvette production year. The Silver Anniversary Edition was a popular selection for the 1978 production when 15,283 units were built representing 33% of the total production.
The mileage on this Corvette is extremely low, 17,800 miles. The owner states that it is original and correct.
This Corvette is powered by the correct 350-220 HP L-82 original motor. The VIN indicates it was built with the optional L-82 motor making this quite a desirable Vette. The motor is coupled with an automatic transmission which was standard equipment for the 1978 model year.
The Silver Anniversary Edition had two-tone Silver paint, darker on the lower portion of the vehicle with a lighter Silver on the upper part of the Corvette. The paint scheme was divided by a Silver strip. A prerequisite to ordering this combination was that the optional sport mirrors and aluminum wheels were also ordered. These options enhanced the curb appeal of the Silver Anniversary Edition. The paint of this Corvette is factory original and is considered to be in good condition.
The interior has matching Gray leather seats, door panels and carpeting that are also in good condition showing no wear. This is an indication that the stated mileage is correct.
This 1978 SA Vette is equipped with desirable options that include power steering, brakes and windows, air conditioning, tilt-telescopic steering column and factory seat belts.
We place a value on this 1978 Silver Anniversary Edition Corvette at $15,500 in part due to the low mileage and the optional L-82 motor.
From a substantiation perspective, a 1978 Silver Anniversary with 17,000 original miles and the standard 350-185 HP L-48 motor sold at the Corvette Expo auction last October for $12,600. The upgraded optional L-82 motor in this Corvette allows for an increased evaluation.
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